Fuel Fix

Workers at three local refineries on strike

strike 1
Workers at three area refineries and two other local facilities went on strike early Sunday after the Steelworkers union failed to reach a contract deal with industry negotiators. More »
USW Strike Sign

Local union chapter and refiners far from deal, says union official

The gulf between local chapters of the union and Houston employers could complicate a deal to end the national strike that has had Steelworkers’s members picketing nine chemical plants and refineries across the U.S., five of which are in Houston.  More »
strike 2

Refinery strikes unlikely to move gasoline, oil prices

Steelworker strikes that began Sunday at seven U.S. oil refineries and two chemical plants have a slim chance of pumping up gasoline or crude prices dramatically in the near future, analysts say.  More »
(Bill Montgomery/Houston Chronicle)

Texans who don’t use enough power hit with penalty fees

Many Texans receive penalty fees on their electric bills for not using enough power.  More »
(AP Photo/Casper Star-Tribune, Robert Hendricks)

Government sells scandalized Teapot Dome oilfield for $45 million

Most of the easily accessible oil in the oilfield 35 miles north of Casper already has been tapped out since drilling resumed in the mid-1970s.  More »
In an effort to show support for ongoing labor negotiations, about 150 employees of Lyondellbasell Refinery in Houston fanned out in front of the plant late Wednesday afternoon.. (Photo: Thomas B. Shea/For the Chronicle)

Union not happy with latest company offer in refinery negotiations

At 12:01 a.m. Sunday, contracts covering 30,000 workers at refineries, pipelines, oil terminals and petrochemical plants nationwide —including about 5,000 in Houston — are set to expire.  More »
Exxon-Same-Sex-Benefits

Exxon Mobil updates anti-discrimination employment policy

Spokesman Alan Jeffers said Friday that the Irving, Texas-based oil giant added these protections to comply with federal law.  More »
Karr Ingham (For the Chronicle/Gary Fountain)

Economist: Texas could lose hundreds more rigs

A prominent oil economist says Texas could lose 50,000 upstream jobs as a result of low oil prices.  More »
In search of natural gas, Jacob Spraggins with Helmerich & Payne works on a drill in the Piceance Basin on the western slope of the Rocky Mountains, Monday, June 22, 2009, in Rio Blanco County. (Johnny Hanson / Chronicle)

Drilling contractor may cut 2,000 field jobs as rigs idle

Since October, when the active U.S. land rig count had reached its peak, some 400 rigs have been cut loose by the oil producers struggling to make money in the once-lucrative U.S. shale plays.  More »
(David Paul Morris/Bloomberg)

Chevron CEO: $50 oil will not meet world’s energy need

For the quarter, the news was bleak: Chevron reported falling profits, slashed its budget and hinted at layoffs on the way. Longer-term, Watson was more optimistic.  More »
(AP file photo/John Moore)

Oil’s next casualty: government budgets

Saudi Arabia, the world’s top producer of crude, will see the budget surplus it has enjoyed in the past turn into a deficit of 4.7 percent of gross domestic product this year.  More »
(AP Photo/Richard Drew)

Cheap oil burns $390 billion hole in investors’ pockets

Now that oil prices have fallen below $45, any euphoria over cheaper energy will be tempered by losses that are starting to show up in investment funds, retirement accounts and bank balance sheets.  More »
(AP file photo/Pat Sullivan)

ConocoPhillips tells employees to expect layoffs

The Houston-based company did not detail how many workers would be let go or when the layoffs could take place.  More »
SHELL STRATEGIC OIL

Trio of oil companies announce $20 billion in spending cuts

“What we’re seeing thus far is a textbook implosion,” said one analyst.  More »
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