(Screengrab, via Youtube)

Watch: Anadarko’s Heidelberg spar makes 400-mile trip to deep Gulf of Mexico

On Monday, the Woodlands-based oil explorer released a video showing the spar’s 23,000-ton hull traveling 400 miles over four days.
FILE - In this March 29, 2013, file photo, workers tend to a well head during a hydraulic fracturing operation outside Rifle, in western Colorado.

New Colorado oil, gas rules could affect very few sites

The rules were designed to address conflicts that arise when Colorado’s growing cities and oilfields expand into each other. Residents complain of around-the-clock noise and lights from nearby drilling rigs, and they worry about spills and air pollution.
Roughnecks take a break from working the Peterson Drilling Company rig in Carlsbad, New Mexico, February 26, 2000.  (Photo by Joe Raedle)

Fitch: Expect U.S. oil companies to sell off more assets

It’s one of the last “self-help measures” left for some of the firms struggling the most during the downturn, according to the ratings agency.
Lee Tillman, vice president, engineering, ExxonMobil Development Company, gives a presentation on large-scale projects in the Arctic at OTC 2013 Wednesday, May 8, 2013, in Houston. (Brett Coomer/Houston Chronicle)

BP, Marathon stump for longer drilling laterals in Oklahoma

Marathon CEO Lee Tillman said that a 2011 Oklahoma law allowing longer laterals had helped producers in the state.
(AHIKAM SERI/AFP/Getty Images)

Noble begins second round of layoffs, 180 jobs on the chopping block

The Houston exploration and production company began notifying workers Tuesday as it braces for a drop-off in activity in the coming months to cope with stubbornly low oil and gas prices that show no signs of significantly rebounding soon.
(Getty Images)

Permian Basin output growing, but other top shale plays to fall

The Permian is one of the outliers — the only other play expected to grow over the next two months is the Utica in the Appalachian region.
Gasoline prices continue to fall and appear to be headed even lower as motorists prepare to hit the roads for Thanksgiving. ( Johnny Hanson / Houston Chronicle )

Gasoline prices temporarily rose after brief oil spike

The gasoline increase comes in the wake of the U.S. benchmark for oil rising from $43.20 a barrel on Oct. 28 up to $47.90 by Nov. 3.
(Spencer Platt/Getty Images)

Noble Energy planning more layoffs, company confirms

Noble Energy has warned employees that it’s planning additional job cuts as it ratchets back spending plans to cope with persistently anemic oil prices.
Ben van Beurden, chief executive officer of Royal Dutch Shell Plc, pauses as the company announce their fourth-quarter results in London, U.K., on Thursday, Jan. 29, 2015. Van Beurden pledged to do all he can to maintain payments to shareholders of Europe's largest oil company after crude prices fell by more than half in the past six months. Photographer: Chris Ratcliffe/Bloomberg  *** Local Caption *** Ben van Beurden

Shell cancels big Canadian oil sands project

Shell said Tuesday its Carmon Creek project in Alberta, which was expected to pump 80,000 barrels of crude a day, was sanctioned in late 2013 when oil prices were still hovering around $100 a barrel.

ConocoPhillips wins drilling permit for project in Alaska’s petroleum reserve

The company first applied to produce oil from its Greater Mooses Tooth site in Alaska 13 years ago.