Fuel Fix

The Travis Tower, or 1300 Main, in downtown Houston was purchased by Dallas-based Energy Transfer Partners in August 2011. (Image: Boxer Property)

Energy Transfer profit falls on Texas pipelines, propane

Energy Transfer Partners LP (ETP), whose parent is buying Southern Union Co. (SUG) for $5.4 billion, said fourth-quarter profit dropped 28 percent because of lower earnings at its propane unit and natural-gas pipelines in Texas.  More »
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

U.S. offshore drilling faces new rules this year

The U.S. Interior Department plans to issue additional rules on the safety of offshore drilling, Secretary Ken Salazar said.  More »
Workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan in 2011. (AP Photo/David Guttenfelder, Pool)

Nuclear safety chief says lax rules led to Fukushima crisis

Japan’s atomic safety rules are inferior to global standards and left the country unprepared for the Fukushima nuclear disaster last March, the country’s top nuclear regulator told a parliamentary investigation.  More »

(AP file photo/Alastair Grant)

Reliance Industries, BP win India’s approval for gas discovery

Reliance Industries Ltd. (RIL) and partner BP Plc (BP/) have won approval from India’s government to prepare a plan for developing a natural gas discovery in the Bay of Bengal, two people with direct knowledge of the matter said.  More »
The Cushing, Okla., pipeline hub.

Enbridge finds small oil pipeline leak in Michigan

A company responsible for a 2010 pipeline rupture that spilled more than 800,000 gallons of oil in southern Michigan says it has discovered a small leak in an oil pipeline in the northern Lower Peninsula.  More »
Republican presidential candidate, former Pennsylvania Sen. Rick Santorum arrives for a tour of an oil well site in Tioga, N.D., Wednesday, Feb. 15, 2012.  (AP Photo/Will Kincaid)

Santorum searches for own gusher in oil country

Presidential hopeful Rick Santorum has been spending plenty of time in oil country lately, prospecting for GOP votes — and money.  More »
Bill Gates

Bill Gates presses SEC to issue strict oil, mining disclosure rules

Microsoft founder Bill Gates has come to the defense of proposed rules that would require certain oil, gas and mining companies to disclose what they pay to nations whose resources they develop, in the face of strong lobbying against the rules from the oil-and-gas industry.  More »
(Photo: Fotolia)

Oil hovers below $102 as Iran tensions bubble

Oil hovered below $102 a barrel Thursday in Asia amid conflicting reports about whether Iran is cutting crude exports to Europe.  More »
Speaker of the House John Boehner, R-Ohio, speaks to reporters at the Capitol in Washington. (AP Photo/J. Scott Applewhite)

Boehner: Vote on highway-energy bill may not come before recess

House Speaker John Boehner, R-Ohio, said Wednesday his chamber may not finish considering Republicans’ energy-infrastructure bill until after the President’s Day recess, amid growing criticism of various aspects of the legislation.  More »
(Image: Fotolia)

Oil prices climb as Iran stops some Europe exports

Stopping Iranian shipments means European refineries will have to find new sources of oil sooner than they expected.  More »
Interior Secretary Ken Salazar  (AP Photo/J. David Ake)

GOP, Salazar spar over fracking rules for public lands

Interior Secretary Ken Salazar brushed off attacks from Republicans on Wednesday regarding his department’s plans to regulate hydraulic fracturing on federal public lands.  More »
Containment vessels at the site of BP's Macondo well in June 2010. The Helix Q4000 is the platform at the bottom left. (BP Photo)

Appeals court sides with judge in oil spill case

A federal appeals court has refused to overrule a judge who ordered BP PLC and other companies involved in the nation’s worst offshore oil spill to set aside up to 6 percent of any settlement or claims payments for the benefit of a group of lead plaintiffs’ attorneys.  More »
an investigator sifts through the remains of the home in San Bruno, Calif., where Jessica Morales died. Jessica Morales was killed on Sept. 9, 2010 when a gas line exploded in San Bruno, Calif. Families of those killed in the explosion that laid waste to a suburban San Francisco neighborhood are turning their despair into action, forming a new national nonprofit to lobby for stronger pipeline safety rules. (AP Photo/Kimberly Archie)

Utility stops talks on fund for pipeline blast

The city of San Bruno said Wednesday that Pacific Gas & Electric Co. has broken off settlement talks with the city about a compensation fund for a gas pipeline explosion that killed eight people and destroyed 38 homes.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Iran oil premium defies analysts rejecting risk

Traders are bidding up crude by as much as 15 percent on the assumption that conflict with Iran will lead to the biggest disruption to Gulf oil supplies since 1991. Analysts from Bank of America Corp. to IHS Jane’s say those concerns are exaggerated.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Range Resources could be target for takeover

Range Resources Corp. (RRC)’s drilling operations in Pennsylvania’s Marcellus Shale natural-gas field are so coveted that the most expensive exploration and production company in America is now a takeover target.  More »