The new Libyan flag flutters outside an oil refinery in Zawiya on September 23, 2011.  (LEON NEAL/AFP/Getty Images)

Libya’s oil export capacity rises as Zueitina Port reopens

Zueitina began Thursday loading 600,000 barrels of crude on the Sea Faith tanker. The shipment, bound for Italy, is the first since May
(AP file photo/Hasan Jamali)

Saudi Arabia said to order spending curbs amid oil price slump

With income from oil accounting for about 90 percent of revenue in the Arab world’s largest economy, a drop of more than 40 percent in crude prices in the past 12 months has put pressure on the nation’s finances.
Midstream companies including Kinder Morgan, which operates this processing facility in Galena Park, are taking a hit in the stock market as oil prices fall. (Chronicle photo)

Kinder Morgan project faces delay

Planned expansions of Kinder Morgan pipelines that would supply gas to a proposed LNG export terminal in Georgia may be delayed by one month as the company awaits government approval for the projects.
Oil inventories rose last week.

Lower refinery use sends oil stores up

U.S. benchmark crude pulled back from earlier highs after a government report showed a rise in inventories.
Categories: Crude oil, General
IHS report: Oil company hedging makes a big drop in 2016

Credit cuts could hurt but won’t affect U.S. oil supplies, researchers say

At least two thirds of the oil and gas extracted from fields in the Lower 48 are controlled by large producers that don’t rely heavily on reserve-based corporate loans or aren’t expected to be reviewed this year, Wood Mackenzie says.
(Alexander Zemlianichenko Jr./Bloomberg)

Oil drillers hunker down for more pain one year into crude crash

A year after oil sank into a bear market, the industry is still hunkering down for a long period of low prices, with Europe’s biggest producer seeing only the first glimpses of a recovery.
(Jerry Lara/San Antonio Express-News)

Oil-producing solar farm nears construction start

The 1-gigawatt solar-thermal project will turn water into steam for injection into an oilfield in Oman.
(Daniel Acker/Bloomberg)

Keystone XL developer seeks different approval for route

Former Gov. Dave Heineman approved the Nebraska route in 2013 under a state law that allowed TransCanada to use eminent domain against holdout landowners, but opponents sued and the project has been mired in state courts ever since.
(Spencer Platt/Getty Images)

Freeport’s oil exit risks creating money-losing crude explorer

Freeport-McMoRan Inc.’s oil and natural gas business may continue to bleed cash after it splits from the parent company because energy prices are too weak to prop up the offshore-drilling pioneer.
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 CEO Ben Van Beurden says dividend will remain top priority amid low oil prices

Royal Dutch Shell Plc is “pulling out all the stops” to safeguard its dividend in a world where oil prices remain “lower for longer,” Chief Executive Officer Ben Van Beurden said.