A pumpjack operates at the Inglewood Oil field in Los Angeles. (Patrick T. Fallon/Bloomberg)

A lot’s changed since 1980s, but lower oil prices still cause unease

Oil prices have fallen this year, and that’s causing people in the oil capital to remember a much deeper slump 30 years ago.

Blackfeet urge government to cancel energy leases

Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts.
(AP Photo/The Bakersfield Californian, Casey Christie)

Berkshire Hathaway railroad adds surcharge on older oil tank cars

The railroad operator the first major U.S. operator using fees to encourage shippers to scrap the puncture-prone older cars.
A worker walks through Lyondell Chemical's complex  in Channelview, Texas. (AP fiel photo/David J. Phillip)

LyondellBasell profits climb 48 percent

The international chemical giant continued to capitalize on cheap raw materials cost while taking advantage of a tight U.S. market for ethylene.
The Freeport LNG plant on April 9, 2014 at Quintana, TX.(Thomas B. Shea)

Contractor: Freeport LNG to break ground within weeks

Freeport LNG could break ground on its initial two liquefaction trains within a matter of weeks, a major contractor working on the project told investors Thursday.

Getting new oil means fathoming the deep

Finding the oil is just the beginning, especially in the depths of the sea.
Categories: General, Offshore, Technology
(AP Photo/Richard Drew, File)

Oil producers unite to lobby for crude exports

Fourteen of the nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world. It’s a sign the industry is revving up for a big, coordinated push to dismantle those trade restrictions next year.

Exxon Mobil CEO: Not moving headquarters to Houston

ExxonMobil’s CEO on Thursday dashed Houston’s hopes that the multinational oil and gas giant would relocate its headquarters to Houston, saying he plans to continue to honor the company’s foundational principals to keep separate its executive suites from its operations.
Kurdistan_prepping WRUs

Wireless Seismic facing patent infringement suit

The Sugar Land-based company with investment from energy giants Total and Chesapeake is facing a federal lawsuit alleging that it’s infringing on a rival firm’s patents.

Government Overhaul: Long Overdue

The October 22 edition of the New York Times ran an article, Nation’s Confidence Ebbs at a Steady Drip, that focused on the public’s loss of confidence in the Federal Government, the President, and Congress. The article pointed out that the President began his presidency committed to restoring public confidence that had been severely damaged […]
Categories: General