Fuel Fix

A cyber security analyst works in the "watch and warning center" during the first tour of the government’s secretive cyber defense lab in Idaho Falls, Idaho. The Homeland Security Department's Control System Security Program facilities are intended to protect the nation's power grid, water and communications systems. (AP Photo/Mark J. Terrill)   Summary

Officials warn multiple pipeline companies of cyber attacks

Hackers have been targeting computer networks managing natural gas pipelines in a series of cyber attacks over the past several months, according to media outlets.  More »
(AP file photo/Marco Garci)

Tesoro Logistics meets analysts’ expectations

San Antonio-based Tesoro Logistics LP reported net income of $11.6 million, or 37 cents per unit, for the first quarter ended March 31.  More »
Visitors to the American Museum of Natural History in New York inspect a detailed model of a 60-foot-long Mamenchisaurus on display during the media preview of "The World's Largest Dinosaurs'" exhibit. (Photo: Mary Altaffer / AP)

Excuse me: Gassy dinosaurs helped warm Earth

Potty humor just got prehistoric. A new study suggests that dinosaurs may have helped keep an already overheated world warmer with their flatulence and burps 200 million years ago.  More »
Sen. John Hoeven, R-N.D., and former Interior Secretary Ken Salazar discuss North Dakota's oil boom after visiting a rig drilling wells in the Bakken formation for Newfield Exploration Co. (Photo: Jennifer A. Dlouhy / Houston Chronicle)

Feds approve Anadarko’s plan to drill thousands of gas wells in Utah

The Obama administration on Tuesday approved a plan by Anadarko Petroleum Corp. to sink more than 3,500 natural gas wells in eastern Utah, after the company agreed to environmental safeguards that aim to protect the local air and water.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Chesapeake should consider selling, shareholder says

Chesapeake Energy Corp. (CHK)’s biggest investor said the natural-gas supplier, battered by collapsing gas prices and investor distrust, should consider selling itself and spend less time meeting with analysts.  More »
An official at Saudi Aramco watches progress at a rig at the al-Howta oil field in Saudi Arabia in 1997. (AP file photo/John Moore)

Oil a ‘little bit high,’ Saudi Arabia’s Al-Naimi says

Saudi Arabia is storing as much as 80 million barrels of crude to boost supplies amid international prices that are “still a little bit high,” according to the country’s oil minister Ali al-Naimi.  More »
The Toyota Motor Corp. RAV4 EV, powered by Tesla Motors Inc., in Los Angeles. Photographer: Jonathan Alcorn/Bloomberg

Toyota to sell electric RAV4 with Tesla motor

Toyota Motor Corp. (7203), the biggest maker of hybrid autos, said its electric RAV4 sport-utility vehicle with batteries and motor from Tesla Motors Inc. (TSLA) will cost more than twice as much as the gasoline version.  More »
The Cushing, Okla., pipeline hub.

Enbridge, Enterprise denied market rates on Seaway pipeline

The U.S. Federal Energy Regulatory Commission denied Enterprise Product Partners LP (EPD) and Enbridge Inc. (ENB)’s request to set rates on the Seaway pipeline connecting an oil-storage hub in Oklahoma to U.S. Gulf Coast refineries.  More »
A massive fire roars through a mostly residential neighborhood in San Bruno, Calif. in Sept. 2010 after a Pacific Gas & Electric Co. pipeline exploded . (AP photo)

Feds: Pipeline companies must keep safety records

Energy companies will need to keep up-to-date records to prove they are running the nation’s aging pipelines at safe pressures under a new set of guidelines the federal government announced Monday in response to a deadly natural gas explosion in a San Francisco suburb.  More »
(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Statoil profits down, sales up in first quarter

Norwegian oil company Statoil ASA on Tuesday said net profit dropped 4 percent in the first quarter, though the decline had much to do with the sale of a stake in a Canadian oil sands project that boosted the same quarter a year ago.  More »
tesoro

Tesoro Logistics earned $11.6 million in first quarter

Tesoro Logistics’ 37-cent earnings per unit met analysts’ expectations.  More »
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc. (Photo: Andrew Harrer/Bloomberg)

Buffett backs TransCanada’s proposed oil pipeline

Billionaire Warren Buffett supports building the Keystone XL pipeline that TransCanada wants to build to carry Canadian oil south across the Great Plains to connect to Gulf Coast refineries.  More »