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(Lucas Schifres/Bloomberg)

Methane emissions threaten to undermine natural gas offensive

Exxon Mobil Corp., Chevron Corp., Royal Dutch Shell Plc, Total SA and BP Plc CEOs spoke in favor of using natural gas that would supplant dirtier coal-fired power. Demand for the energy is seen outpacing oil over the coming decades.
A security guard stands at the Maroun Petrochemical plant at the Imam Khomeini port, southwestern Iran. (AP Photo/Vahid Salemi, File)

Iran could add 400,000 barrels a day of oil after nuclear deal

Iran’s heavy crude has “a lot of customers,” because many refiners were set up for it, so Iran “will regain their share” after 18 months, an analyst predicted.
Rex Tillerson, chairman, president, and CEO of ExxonMobil Corp. ( Johnny Hanson / Houston Chronicle )

Exxon CEO touts climate benefits of shale gas

European oil companies including Royal Dutch Shell Plc, BP Plc and Total SA are promoting gas as a way to limit the growth of emissions blamed for climate change. They have also called for a price on carbon dioxide.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Big Oil’s plan to become Big Gas

With almost 200 nations set to hammer out a binding pact on carbon emissions in December, fossil-fuel companies led by Royal Dutch Shell Plc and Total SA say they’re refocusing on gas as a cleaner alternative to the cheap coal that now dominates electricity generation worldwide.
An ethylene unit shown at the Chevron Phillips Chemical Company's Cedar Bayou Plant, 9500 I-10 East, Tuesday, June 5, 2012, in Baytown. ( Melissa Phillip / Houston Chronicle )

Chevron, Phillips 66 joint venture may have a second natural gas “megaproject” in the works

The Houston-based company has led a wave of new U.S. facilities that make ethylene, used in plastics to polyester. Plants that use low cost gas from shale formations will help U.S. production of basic chemicals increase for the next four years, starting with a 3.1 percent rise this year and peaking at 6 percent in 2018.
Saudi Arabian Minister of Petroleum and Mineral Resources Ali Ibrahim al-Naimi. (MLADEN  ANTONOV/AFP/Getty Images)

Saudis say push for market share is working as OPEC meeting nears

Saudi Arabia shaped OPEC’s strategy at its meeting in November, arguing that the usual response of cutting oil production to support prices wouldn’t address the threat from higher-cost producers such as U.S. shale.
People wave Russian flags as they look at Russian President Vladimir Putin delivering a speech on a screen on March 18, 2014, in Sevastopol.  (VIKTOR DRACHEV/AFP/Getty Images)

Gazprom pursues Russian shale boom ambitions amid U.S. sanctions

Russia’s efforts to replicate North Dakota’s Bakken shale boom are being hindered by the U.S. ban on exports of equipment and technology after Vladimir Putin’s annexation of Crimea and the insurgency in Ukraine.
(Andrey Rudakov/Bloomberg)

Russian oil production surges in May ahead of OPEC meeting

Global supplies have continued to outpace demand six months after the group adopted a policy aimed at keeping its market share. Saudi Arabia and Russia are both pumping oil at near record levels.
Patrick Pouyanné, CEO of French oil company Total, speaks at the IHS Energy CERAWeek in Houston. (Billy Smith II / Houston Chronicle)

European Big Oil opens schism on climate with U.S. rivals

“It’s clear that the subject isn’t viewed in the same way on both sides of the Atlantic,” Total SA Chief Executive Officer Patrick Pouyanne, one of the signatories, said on Monday at a press conference in Paris. “We are working with those who come forward.”
An image provided by the U.S. Fish and Wildlife Service shows a male greater sage grouse near Bridgeport, Calif., March 1, 2010. A Republican maneuver on the $612 billion defense bill to block the bird from being added to the endangered species list has set off a major congressional skirmish that has spilled over into western states, where the sage grouse is revered. (Jeannie Stafford/U.S. Fish and Wildlife Service via The New York Times) -- FOR EDITORIAL USE ONLY.

Sage Grouse plan said to bar drilling on some U.S. land

With a deadline of September to decide if the chicken-sized bird is endangered, Interior Secretary Sally Jewell will unveil ways the Bureau of Land Management plans to conserve the habitat. More than half of the grouse’s range is on federal land spread across 11 states.