Fuel Fix

(AP file photo/Mike Derer)

Don’t expect gasoline prices to go down any time soon

As the price of gasoline at the pump continues to soar nationally, Houston motorists can breathe a sigh of relief as prices remain a bit lower here.  More »
Dust permeates the air at a Chesapeake Energy Co. hydraulic fracturing operation at a well site near Carrizo Springs, Texas. (John Davenport/San Antonio Express News)

Midmarket Eagle Ford drillers have shot at funds

Midsize oil producers with solid track records in the Eagle Ford Shale will find it easier to borrow money, an expert said Monday at a series of seminars sponsored by the Texas Alliance of Energy Producers.  More »
The mobile offshore drilling unit Development Driller III at the Deepwater Horizon site on May 7, 2010. (U.S. Coast Guard file photo)

Judge tosses spill claims against BP contractor

A judge has dismissed all of the federal court claims against a BP PLC contractor sued over a deadly rig explosion and the massive oil spill it spawned in the Gulf of Mexico in 2010.  More »
The Trans-Alaska pipeline (Photo: BP)

Analyst says trans-Alaska pipeline flow can grow

Gov. Sean Parnell’s goal of nearly doubling the flow of oil through the trans-Alaska pipeline could be achieved over the next 10 to 15 years — but not without major fiscal and policy changes, a consultant said.  More »
Members of the Iran Navy participate in a 2011 drill in the Sea of Oman. (AP Photo/International Iran Photo Agency, Ali Mohammadi)

Iran may disrupt Hormuz shipping, supporting oil price

Iran might respond to sanctions with low-level provocation such as slowing shipping through the Strait of Hormuz, keeping oil prices at “their currently high level,” according to three Standard & Poor’s reports.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Chevron-led Kazakh oil venture plans $6 billion drilling program

Chevron Corp. (CVX)’s Kazakh oil venture plans to spend $5 billion to $6 billion in the next five years drilling at Tengiz, the Central Asian country’s biggest producing field,to sustain output.  More »
Drivers test out the Nissan Leaf electric car at the 2010 Los Angeles Auto Show (AP file photo/Damian Dovarganes)

Batteries to compete with gas peaker plants by 2016

Falling prices for lithium-ion batteries will make power-storage systems competitive with natural gas as a source of electricity during periods of high demand by 2016, according to the chief executive officer of A123 Systems Inc.  More »
Protesters of the proposed Keystone XL oil pipeline at a rally in Washington, D.C. (Puneet Kollipara / the Houston Chronicle)

GOP to push votes on Keystone XL, drilling measures

Congressional Republicans will move to get legislation approving the Keystone XL pipeline through the House and Senate by using surface-transportation bills that both chambers are taking up this week. The House version of the transportation bill also contains provisions expanding oil-and-gas drilling.  More »
Demonstrators hold up signs in front of the White House in Washington, Friday, Sept. 2, 2011, to protest the Keystone XL Pipeline project in the US, and the Tar Sands Development in Alberta Canada. (AP Photo/Luis M. Alvarez)

Keystone XL foes flood senators with “vote no” messages

Environmental activists are staging a 24-hour campaign to send 500,000 messages to senators urging them to oppose legislation approving the Keystone XL pipeline that could come up for a vote in the Senate this week.  More »
(Image: Fotolia)

Oil settles above $100 a barrel

Investors were encouraged that Greece would get the bailout money it needs.  More »
(AP file photo/Alastair Grant)

BP video gives outlook on rise of renewable energy

BP released its Energy Outlook 2030 report in video form, showing how the U.S. will increasingly turn to natural gas and renewables, instead of coal and oil, for its energy needs.  More »
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

BP loses bid to dismiss investor claims spurred by spill

BP Plc lost a court bid to dismiss fraud claims by investors who said the company lied before and after the 2010 Gulf of Mexico oil spill about its accident response capability.  More »
President Barack Obama (AP file)

Obama budget would boost renewables, nix oil and gas tax breaks

President Barack Obama called today for boosting funding for pipeline safety and renewable energy while again proposing to roll back several tax breaks for the oil and gas industry.  More »

Reworking the workplace

At BBVA Compass’ newest Houston office, employees don’t have trash cans at their desks, and eating next to their computers is a no-no. Workers at El Paso Corp.’s headquarters can go outside to work on nice days. And Clean Line Energy has a bike room with showers and lockers for those who get to work on two wheels.  More »
Pegasus, the winged red horse icon of Exxon-Mobil, is seen on a gas pump in Ferndale, Mich. (Photo: Carlos Osorio, Associated Press)

Iraq May Bar Exxon From Oil Auction If It Pursues Kurdistan Deal

Iraq may prevent Exxon Mobil Corp. from bidding in a new energy exploration round if it refuses to rescind agreements with the country’s semi-autonomous Kurdish region, according to a spokesman for Deputy Prime Minister for Energy Affairs Hussain al-Shahristani.  More »