Fuel Fix

Court reaffirms BP is liable in Gulf oil spill

Fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon on April 21, 2010. (AFP PHOTO/US COAST GUARD/AFP/Getty Images)
BP is facing $18 billion in penalties stemming from the 2010 oil spill. More »
(Øyvind Hagen/Statoil ASA)

Statoil suspends two North Sea oil rigs

Statoil won’t use the Transocean Spitsbergen and Songa Trym rigs from mid-November through at least the year-end because of overcapacity.  More »
Steven Farris, chairman and chief executive officer of Apache Corp. (Aaron M. Sprecher/Bloomberg)

Apache reports earnings loss

But Apache Corp. CEO Steve Farris touted the company’s growth in liquids production.  More »
Greg Armstrong, CEO of Plains All American Pipeline, at the company headquarters Thursday Sept.25 2013.(Dave Rossman photo)

Plains to buy half of BridgeTex in $1.1 billion deal

The pipeline is a major artery for the basin with a capacity of 300,000 barrels per day of crude.  More »
(AFP PHOTO / ALEXANDER KLEIN/Getty Images)

OPEC’s weak links feeling pain

While the Saudi Arabia is as flush with cash as ever, the finances of some fellow OPEC members are deteriorating quickly.  More »
An anti-government rebel sits with an anti-aircraft weapon in front an oil refinery, after the capture of the oil town of Ras Lanouf, eastern Libya. (AP Photo/Hussein Malla, File)

Libya’s biggest oilfield to resume output soon, official says

Sharara was shut as a precaution after gunmen stormed the on-site production compound.  More »
Work crews work at the Kinder Morgan's BOSTCO storage terminals at the Houston Ship Channel on Monday, May 19, 2014, in La Porte. ( J. Patric Schneider / For the Chronicle )

Investors lose bid to stop vote on Kinder Morgan deal

A Delaware state judge denied a request by investors to delay a shareholder vote on Kinder Morgan’s $44 billion deal to fuse all of its companies.  More »
Plains All American Pipeline displays its company logo on storage tanks at the crude oil hub in Cushing, Okla. (Plains All American)

Plains All American profits up 40 percent

Plains All American said its third-quarter profit shot up 40 percent, but the company was cautious in setting its 2015 goals  More »
EOG Resources CEO Bill Thomas at EOG's offices in downtown Houston Thursday Sept. 25, 2014. (Billy Smith II  / Chronicle)

Enron castaway shrugs off low price to become ‘Apple of Oil’

Investors spooked by the heavy debt carried by most U.S. producers are flocking to companies that generate so-called free cash flow.  More »
Sen. John Hoeven (AP Photo/J. Scott Applewhite)

Hoeven: Obama should approve Keystone XL

Sen. John Hoeven, R-N.D., the lead sponsor of legislation that would authorize the Keystone XL pipeline, says President Barack Obama can extend an olive branch to the Republican-controlled Senate next year by signing the bill.  More »
U.S. Sen. Lisa Murkowski, R-Alaska, is the keynote speaker and discusses U.S. Energy Policy Crossroads during CERA Week at the Hilton of the Americas on Monday, March 3, 2014, in Houston. (Mayra Beltran/Houston Chronicle)

GOP takeover of Senate puts crude export fan in key role

Crude export advocate Lisa Murkowski is set to take over the Senate energy committee.  More »
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