(Matthew Lloyd/Bloomberg)

Legal battles from 2010 spill to unfold in 2 U.S. courtrooms

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On Monday, trial resumes in a federal district courtroom where BP and a minority partner in its ill-fated Macondo well are trying to fend off billions in Clean Water Act penalties.
strike 2

Refinery strikes unlikely to move gasoline, oil prices

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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.
strike 1

Workers at three local refineries on strike

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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.
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

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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.
Categories: General
Karr Ingham (For the Chronicle/Gary Fountain)

Economist: Texas could lose hundreds more rigs

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A prominent oil economist says Texas could lose 50,000 upstream jobs as a result of low oil prices.
(Jim Gehrz/Minneapolis Star Tribune/MCT)

Oil rig count falls by 94 in biggest drop since 1987

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Petroleum producers released 94 oil rigs this week as sub-$50 oil continued to wreak havoc on the oil industry, Baker Hughes reported Friday.
(AP file photo/Pat Sullivan)

ConocoPhillips tells employees to expect layoffs

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The Houston-based company did not detail how many workers would be let go or when the layoffs could take place.
Categories: Crude oil, General
(AP Photo/Evan Vucci)

LNG exports gain momentum on Capitol Hill

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The moves come right as low oil prices weaken the economic case for U.S. liquefied natural gas.
(Photographer: Daniel Acker/Bloomberg)

Enterprise Products profit slips slightly

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Enterprise Products Partners L.P. said fourth-quarter net income fell slightly in 2014 compared to the same period last year.
Ryan Lance, chairman and CEO of ConocoPhillips ( Marie D. De Jesús / Houston Chronicle )

ConocoPhillips cuts spending again, reports earnings loss

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The company will defer drilling and exploration plans in the U.S. and major project spending in general. It still expects to grow production by 2-3 percent, excluding Libya.