(Ty Wright/Bloomberg)

Houston gasoline average dips below $1.75 a gallon

The Houston average for regular unleaded ticked down to $1.73 this week — the lowest since early 2009 — while the statewide average is just slightly higher at $1.76 a gallon.
(Patrick Semansky/Bloomberg)

Blizzard conditions hit HollyFrontier refining operations

The extreme weather kept some crude oil from making it to HollyFrontier’s Navajo Refinery in New Mexico and slowed refining production.
A worker fixes a spot weld, at the main assembly warehouse, at the Baker Hughes facility, Thursday, May 12, 2011 in Tomball, Texas. (Todd Spoth/For the Chronicle)

Texas manufacturers post strong December despite weak outlook

Manufacturers who responded to the survey said measures of demand were slowing and expressed concern about their business in the coming quarters.
FILE - In this this file photo released on May 4, 2015, on a militant website, which has been verified and is consistent with other AP reporting, Islamic State militants pass by a convoy in Tel Abyad, northeast Syria. The Islamic State rakes in up to $50 million a month from selling crude from oilfields under its control in Iraq and Syria, part of a well-run oil industry that U.S. diplomacy and airstrikes have so far failed to shut down, according to Iraqi intelligence and U.S. officials.(Militant website via AP, File)

ISIS employs thousands of foreign workers to keep its oil flowing

The records released by the U.S. government also show that despite a stepped-up air-strike campaign against ISIS oil infrastructure throughout 2014, the group was still able to keep the crude flowing.
Protesters in kayaks paddle out to meet the Arctic offshore oil rig Polar Pioneer piggybacked atop the cargo deck vessel Blue Marlin as it arrives at Port Angeles, Wash., on  April 17.  (Keith Thorpe/The Peninsula Daily News via AP)

Shell cancels contract for Transocean rig

The Polar Pioneer cancellation marks the second for Transocean this month.

1 dead, 7 injured in Mexico gathering fuel near pipeline tap

Petroleos Mexicanos said that the fire ignited in a pool of fuel left by thieves after they drilled a tap into a pipeline.
Categories: Accidents, Latin America

Diamond Offshore loses to Statoil in Norway court clash

Diamond Offshore plans to appeal the judgment, the Houston-based company said.
Over thirty oil drilling rigs idling in a Helmerich & Payne, Inc. yard along Groening Street in Odessa, Texas, in the Permian Basin on  May 18, 2015. (Courtney Sacco/Odessa American via AP)

Rig count tumbles three as oil prices refuse to budge

Another three rigs went dark this week as producers found little financial incentive to continue chasing crude while prices remain stuck below $40 a barrel.
Steven Schmidt, right, Terminal Manager of NuStar in Port Corpus Christi, talks with Greg Matula, also of NuStar, at the contraction site of the new pier for oil tankers.  Monday, Oct. 28, 2013. (Bob Owen/San Antonio Express-News)

Oil exports prompt splitter decisions in Corpus Christi

The lifting of a decades-old ban on crude oil exports primes Corpus Christi to become a key oil hub in the coming years, but it also dampens interest in expensive projects to export condensate, an ultralight oil not subject to the long-standing restriction.
Balance and inspection of compressor and steam turbine rotors at Dresser-Rand. (Norman J. Quinn/Houston Chronicle)

Dresser-Rand plans to shutter plant, lay off 72 workers

More Houston-area energy jobs are on the chopping block next year as Dresser-Rand announced plans to shutter a North Houston support facility and lay off 72 people who work there.
Categories: Crude oil