U.S. exports of natural gas liquids, already at a record amid surging output from shale deposits, are poised to quadruple by 2020 as the expansion of the Panama Canal cuts shipping costs to Asia. More »
The British government believes global warming caused by increased carbon emissions from human activity has serious implications for the world, a senior British scientific adviser told an audience at the University of Houston Monday. More »
BP opened a new computer center on Tuesday that is home to what the oil giant calls the world’s largest supercomputer for commercial research, part of BP’s efforts to more quickly analyze scans of underground rocks, the company said. More »
Woodlands-based independent, Newfield Exploration, agreed to sell off its holdings in Malaysia to the country’s national oil company, SapuraKencana Petroleum Berhad, for $898 million, the company announced Tuesday morning. More »
Fortune magazine has selected Maria das Gracas Silva Foster, the head of Brazil’s national oil company, as the most powerful female executive in the world for the second year running, highlighting the rise of Brazil as a global oil producer. More »
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