Fuel Fix

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Oil rises to near $103 amid uneven US recovery

Oil prices rose to near $103 a barrel Friday in Asia amid signs the U.S. economic recovery remains uneven.  More »
(AP Photo/US Coast Guard, File)

Industry’s progress on offshore safety still draws skepticism

Two years after the Gulf of Mexico spill, the oil and gas industry continues to pour millions of dollars into efforts aimed at actually boosting offshore safety and at convincing regulators and the public that it can police itself.  More »
A boom is used to protect marshland in Terrebonne Parish on the Louisiana coast after the Gulf oil spill in 2010. Photo: Smiley N. Pool / Houston Chronicle

Gulf residents getting an extra $64M for spill claims

Roughly 7,300 residents and businesses harmed by the 2010 oil spill in the Gulf of Mexico will get more than $64 million in additional payments because their claims with BP were shortchanged or wrongfully denied, the Justice Department announced Thursday.  More »
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The blowout preventer pulled from the wreckage at BP's Macondo well is transported to land for testing on Sept. 11, 2010. (Photo: U.S. Coast Guard)

CSB plans Houston meetings as part of Deepwater Horizon probe

The Chemical Safety Board said today it is on track to issue a final report on the well blowout and explosion that killed 11 rig workers in early 2013, and it could issue recommendations to prevent a similar disaster as soon as this August. The independent federal agency, which has probed more than 50 industrial accidents, including the lethal Texas City refinery explosion in 2005 is the last remaining panel still investigating the Deepwater Horizon disaster, following the conclusion of several other probes.  More »
APTOPIX Gulf Oil Spill Sick Fish

2 years later, fish sick near BP oil spill site

Two years after the Deepwater Horizon rig exploded and sank in the Gulf of Mexico, touching off the worst offshore spill in U.S. history, research into the disaster’s environmental effects is turning up ailing fish that bear hallmarks of diseases tied to petroleum and other pollutants.  More »
Jess Burrow, left, and James Patterson, look over the damage caused outside the home of Joe and Mary Reneau when their chimney was toppled by Saturday's earthquake, in Sparks, Okla. (AP Photo/Sue Ogrocki)

Fracking wastewater tied by scientists to earthquakes

Government scientists are focusing on the disposal of wastewater from oil and gas drilling as the possible cause of scores of earthquakes that have shaken the central part of the U.S. since 2000, according to a study.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Natural gas price hits another 10-year low

The price of natural gas has dropped to the lowest level in a decade as U.S. supplies continue to grow.  More »
Prices for three grades of gasoline are posted in front of a service station Wednesday, Feb. 22, 2012, in Bellevue, Wash., near Seattle. (AP Photo/Elaine Thompson)

Gasoline prices drop for second week in a row

Gas prices dipped for the second week in a row in the Houston area.  More »
Carl Icahn (AP file photo/Mark Lennihan)

CVR allows Icahn to move forward with tender offer

Oil refiner CVR Energy Inc. has signed a deal with billionaire investor Carl Icahn that would allow him to complete his $30 per share tender offer.  More »
Chevron oil drilling platform 230 miles off Rio de Janeiro in November 2011. (Marcia Foletto/AFP/Getty Images)

Survey increases estimates for natural gas in world

Outside of the United States, the world holds 20 percent more natural gas and 13 percent less oil than a previous assessment of global energy resources estimated, according to a U.S. government report.  More »
Dow Chemical CEO Andrew Liveris says the company is working to cut costs. Photo: Nick De La Torre / © 2012 Houston Chronicle

New Dow ethylene plant would employ thousands

The Dow Chemical Co. announced today that it plans to build a new ethylene production plant in Freeport that will create thousands of jobs, representing the latest company to take advantage in the boom in domestic natural gas drilling.  More »
Kinder Morgan reported fourth-quarter profits were up, thanks to the country's surging energy production. (photo Kinder Morgan)

Kinder Morgan Energy Partners 1Q profit falls

Kinder Morgan Energy Partners LP (KMP), the second-biggest U.S. pipeline operator, said first-quarter profit fell 39 percent because of costs stemming from its parent’s $24.1 billion purchase of El Paso Corp. (EP)  More »
Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra, 340 miles southeast of Baghdad. (AP photo: Nabil al-Jourani)

Iraq excludes Exxon from May energy auction

Iraq’s oil ministry said Thursday that the U.S. oil giant Exxon Mobil Corp. is not allowed to bid in the May energy auction because of its oil deals with the northern self-ruled Kurdish region in Iraq.  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 says tougher EU sanctions will endanger global oil supply

Iranian Oil Minister Rostam Qasemi said further European Union sanctions on his country will affect global “energy supply security” and crude prices, according to a report on the Shana website.  More »
Commercial fishermen from St. Bernard Parish, La., hired by BP lay oil retention booms around New Harbor Island in the Gulf of Mexico in 2010. (AP Photo/Dave Martin)

Scientists: Fish are sick where BP’s oil spill hit

Two years after the massive Gulf of Mexico oil spill, scientists say they’re finding trouble with sick fish that dwell along offshore reefs and in the deep waters — especially in places where the oil spill hit the hardest.  More »