Tankers in the Houston Ship Channel. (Billy Smith II/Houston Chronicle)

Refining chief: We don’t oppose US oil exports

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Phillips 66 Chairman and CEO Greg Garland said the company doesn’t oppose potential exports of U.S. crude oil, arguing that a free market approach would be best, regardless of the product.
Malcolm Connolly, Founder and Technical Director at Cyberhawk, a company that  specializes  in aerial inspection and surveying using flying remotely operated vehicles. T( Marie D. De Jesus / Houston Chronicle )
Publication History:

Cyberhawk’s OTC booth offers hidden treasure — if you can find it

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The unofficial rule of generating booth interest at the Offshore Technology Conference is the bigger the better. Cyberhawk bucks the trend.
Tesoro-Logo

Tesoro’s crude rail plans hit delay in Washington state

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Tesoro Corp. CEO Greg Goff said Thursday that the company’s plan to rail crude oil to the Port of Vancouver USA has been delayed as the state of Washington completes an environmental impact statement.
A Phillips 66 refinery. (Phillips 66)

Phillips 66 profits rise in first quarter

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Refining giant Phillips 66 saw profits grow 12 percent in the first quarter, the company reported Wednesday morning, due to strong growth in its midstream business and earnings from a previously-announced subsidiary sale.
Money Roll

Westlake Chemical to spin off ethylene production business

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Westlake Chemical is planning to spin its ethylene production business into a master limited partnership in a $271 million debut on Wall Street, according to regulatory documents filed Tuesday.
(AP Photo/Paul Sakuma)

Valero’s profit soars on better fuel margins

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Higher margins for its fuels and more crude oil processed at its plants propelled Valero Energy Corp. to a 28 percent increase in net income in the first quarter, the company said Tuesday.
(AP Photo/Lynne Sladky)

Chevron banks on Mideast oil for Calif. refinery

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Chevron Corp. plans to run higher- sulfur Alaskan and Middle Eastern crudes when it completes work at Northern California’s largest refinery in 2016, not the Bakken oil helping spur the U.S. path to energy independence.
Eco1

Futuristic cars push limits of fuel efficiency in Shell Eco-marathon (photos)

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Futuristic cars will be driving on downtown Houston roads during the next few days, competing to travel the furthest on the least amount of fuel for the Shell Eco-marathon challenge.
Don Robicheaux, safety coordinator for Marathon, stands in front of a crude unit, part of Marathon's estimated $3.2 billion expansion in Garyville, La. (AP Photo/Cheryl Gerber, file)

Marathon proposes Louisiana refinery expansion

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Marathon Petroleum Corp. said it is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company’s Garyville refinery.
Chevron's Pembroke oil refinery (Photo: Colin Bell)

US fuel exports soar to new milestone

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The U.S. exported 3.5 million barrels per day of petroleum last year, the U.S. government reported Tuesday, a 10 percent increase from 2012.