Fuel Fix

(AP file photo)

Report raises concerns about future electric reliability in Texas

Growth in electricity demand will outstrip capacity additions in the Texas electricity system in the coming decade, reducing excess capacity and raising the risk of reliability problems as soon as 2013, a new analysis suggests.  More »
(AP file photo/Alastair Grant)

BP violated Alaska spill probation, government says

BP Plc, still facing fallout from the 2010 explosion of its Macondo well in the Gulf of Mexico, is fighting a U.S. bid to revoke its probation over a five-year-old spill in Alaska following a more recent pipeline rupture.  More »
The Deepwater Horizon oil rig burns on April 21, 2010 after an explosion in the Gulf of Mexico. (AP file photo/Gerald Herbert)

BP’s Macondo legal troubles may last until 2014

BP Plc’s legal proceedings over the Macondo well that caused the worst U.S. oil spill may last into 2014, Citigroup Inc. said, citing the company’s lead lawyer.  More »

Felix Kramer poses  next to his new Chevy Volt in Redwood City, Calif., on Dec. 29, 2010. (AP file photo/Jeff Chiu)

GM’s Volt battery threatens to knock sales off target

When General Motors Co. (GM) announced plans in June 2008 to build the Chevrolet Volt plug-in hybrid, executives called it a “moon shot” intended to rocket past Toyota Motor Corp. (7203) in technology leadership. Now the car is a flash-point for concern.  More »
Workers put together panels at the Blue Wing solar project (Photo: CPS Energy)

Chinese solar companies reject US trade complaint

Leaders of China’s solar power industry rejected a U.S. trade complaint that they receive unfair government support and said Tuesday possible sanctions would hurt American consumers and development of clean energy.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |11.29.11|

BP, Transocean and Halliburton facing new fines. Alberta study disputes oil sands concerns. And are companies bypassing the electrical grid?  More »
(Image: Fotolia)

Oil prices rising on stronger euro

Crude oil rose a third day in New York, recouping earlier losses as a strengthening euro and advancing equities signaled investors were less concerned that Europe’s debt crisis will derail the global recovery.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Houston researchers receive funding to reduce risks of offshore drilling

Five Houston-based projects are among recipients of $9.6 million in funding from the U.S. Department of Energy’s Office of Fossil Energy.  More »
This photo taken and released by Rio de Janeiro's government, shows an aerial view of a boat crossing an area of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil. Rio de Janeiro state's environment secretary, Carlos Minc, says Brazil is expected to fine Chevron nearly $28 million for the ongoing offshore oil spill and will also ask Chevron to pay for damages caused by the Atlantic spill. Minc said Monday he considers the fine way too lenient, but it's the maximum allowed under current Brazilian law. (AP Photo/Rio de Janeiro's government,Rogerio Santana)

Chevron to brief U.S. regulators on Brazilian oil spill

Chevron Corp. will brief U.S. offshore drilling regulators about its recent oil spill near the coast of Brazil, a top Obama administration official said today.  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)

BP, Transocean & Halliburton face more citations in Gulf spill

The federal government is set to issue new citations against BP, Transocean and Halliburton for alleged safety and environmental violations in connection with the 2010 Gulf oil spill.  More »
(Photo: YouTube)

ExxonMobil campus and new homes driving hotel development

The developer of Springwoods Village plans to sell at least four sites to hotel developers, adding hundreds of rooms and a small hotel “sub-market” to the master-planned community about 30 miles north of downtown Houston.  More »
(Photo: Anadarko)

Anadarko doubles estimate for natural gas discovery in Mozambique

Results from its latest appraisal well in offshore Mozambique led Anadarko to increase the estimated amount of recoverable natural gas to 15 to 30 trillion cubic feet.  More »
The Cushing, Okla., pipeline hub.

Seaway pipeline creates contango with oil glut

Enbridge Inc. and Enterprise Products Partners LP haven’t just reversed the way benchmark oil flows in the U.S. They also changed the price relationship in the futures market by creating a temporary glut in the main delivery point for crude contracts.  More »
Sherron Watkins says groups she has spoken to aren't always comforted by her words. Photo: Melissa Phillip / © 2011 Houston Chronicle

Sherron Watkins has a story to tell and tell again

For Sherron Watkins, telling the story of Enron’s downfall never seems to get old.  More »
A front-end crash test of the 2011 Chevrolet Volt. (AP Photo/Insurance Institute for Highway Safety)

GM will offer loaner cars to Chevy Volt drivers

General Motors announced today that it would offer loaner cars to Chevrolet Volt owners to alleviate any concerns about potential fires in the all-electric car.  More »