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Simone Sebastian

(AP Photo/Keith Srakocic)

Asia to surpass North America as top pipe market

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While the shale boom will continue to fuel pipeline expansion in North America, Asia is forecast to pass it as the largest market for oil and gas pipe demand.
CenterPoint Chief Operating Officer Scott Prochazka has been named CEO, effective Jan. 1, 2014. (photo: CenterPoint Energy)

CenterPoint Chief McClanahan to step down; COO Prochazka named successor

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CenterPoint Energy Chief Operating Officer Scott M. Prochazka will succeed CEO David McClanahan, who’s stepping down at the end of the year.
A tugboat is shown beside the Anadarko Petroleum Corporation's Lucius truss spar at Kiewit Offshore Services, 2440 Kiewit Road, Thursday, July 11, 2013, in Ingleside.(Melissa Phillip / Houston Chronicle )

Anadarko erects newest oil platform in the deep-water Gulf (video)

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Anadarko has released a series of videos providing a cool look inside the journey of its Lucius platform, the company’s latest technological marvel to work in the deep-water Gulf of Mexico.
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Maersk Drilling prepares first ultradeep-water drillship for Gulf (video)

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Maersk Drilling has named its first ultradeep-water drillship and is preparing the landmark vessel to begin work on an Exxon Mobil project in the Gulf of Mexico early next year.
A Conoco service station at San Felipe Street and Winrock Boulevard in Houston limits gasoline purchases to 10 gallons in December 1973. (Bill Thompson/Houston Chronicle)

40 years later: Foreign oil dependence has soared since the embargo (photos)

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Even in the midst of an oil boom, the United States is far more dependent on foreign crude today than it was during the 1973 fuel crisis.
Robert L. Potter, president of FMC Technologies.

FMC Technologies president to retire

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Chairman and CEO John T. Gremp will take on the title of president after FMC Technologies President Robert L. Potter steps down Nov. 30.
(AP Photo/David Zalubowski, File)

US to become world’s top oil and gas producer this year

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The United States will pass Saudi Arabia and Russia to become the world’s top oil and gas producer this year, according to federal projections released Friday.
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Forecast: Power industry to cool winter demand for gas

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Power companies will trim their demand for natural gas this winter while the industrial sector will expand its use of the fossil fuel, according to projections from the Natural Gas Supply Association.
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New facilities will grow natural gas as oil field fuel

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Stabilis Energy and Flint Hills Resources have announced plans to build up to five natural gas liquefiers to serve oil field operations, with the first facility planned to launch in the Eagle Ford Shale in January 2015.
An architectural rendering of Houston Community College's planned Global Oil and Gas Drilling Training Center, scheduled to launch in the spring of 2014. (courtesy of HCC)

Houston Community College to launch training center for rig workers

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Houston Community College announced Thursday the creation of its new Global Oil and Gas Drilling Training Center, an initiative to address the critical shortage of skilled oil and gas workers by changing how rig crews are recruited and developed.