The San Ramon, California-based company said Friday that its average realized price for a U.S. barrel of crude was $43 in the first quarter of 2015, compared to $91 per barrel in the same three months last year.
Eugene Batchelder, 67, worked for Phillips Petroleum from 1972 until its combination with Conoco in 2002.
The Transportation Department’s rule calls for what it described as an aggressive schedule for retrofitting older tank cars carrying crude and ethanol.
U.S. oil companies sidelined 24 oil-drilling rigs this week, according to Baker Hughes’ rig count released Friday, dropping the number of active oil rigs to 679.
Saudi Arabia is pumping near-record amounts of crude, leading the Organization of Petroleum Exporting Countries in a policy of maintaining output to pressure suppliers outside the 12-nation group to help tackle an excess.
The Church of England will dump its holdings in coal and oil-sand producers and has ruled out backing companies with exposure to the most polluting fossil fuels, joining the movement that wants investors to help fight climate change.
Tex-Mex is the native Houstonian’s comfort food. We flock to places where the chips and salsa are unlimited, the margaritas are strong and the tortillas arrive warm.
After years of being overshadowed by Hill Country power smokers such as Franklin, Mueller and Snow’s, Houston’s pitmasters are serving up notable briskets, ribs and sausage.
In less than four months, the king has overhauled his cabinet, removed princes from government roles, merged ministries and realigned the succession.
Exxon Mobil Corp., BP Plc and other major oil producers beat analysts’ profit estimates by an average of 46 percent for the first quarter, according to data compiled by Bloomberg
The Houston Chronicle has a few suggestions for the best spots to eat and drink during next week’s Offshore Technology Conference.
With the plunge in crude throttling economies across the Middle East, gold buyers are harder to find.
Texans love their beef, and Houston is brimming with exceptional steakhouses. Here are some we recommend.
Prices tumbled the first quarter of this year as U.S. output surged to the highest level in more than four decades and OPEC members pumped more barrels.
Here’s a sampler of some of Houston’s most popular watering holes, ranging from iconic icehouses to classic cocktail bars.
The announcement accompanied Enterprise Product’s first quarter results for 2015.