Oil Field

Upstream news: exploration and production, oil field services
A Petrohawk Energy natural gas drilling site in the Eagle Ford Shale is shown in September 2009. (Jake Lacey/Houston Chronicle file photo)

Eagle Ford touted as ‘greatest energy success story’

The Eagle Ford Shale has the greatest potential of all U.S. shale fields — and could help Texas become the world’s second-largest producer of oil, behind Saudi Arabia, according to one of Tuesday’s speakers at the Eagle Ford Consortium conference here.  More »
Northstar facility on the North Slope of Alaska. (BP)

BP selling stakes in Alaska’s North Slope to Houston company

BP is selling off stakes in four Alaskan oil fields near the gigantic Prudhoe Bay, a move that would cut about 15 percent of its crude production in the state, the company said late Tuesday.  More »
Yellow oil barrels

Oil slips to $102 as U.S. crude supplies seen rising

The price of oil slipped closer to $104 a barrel Monday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.  More »
A man stands on the scene after a rig carrying diesel fuel was involved in a crash on Route 18 in Washington, Pa., Monday, April 21, 2014. The intersection was shut down after the crash involving a tractor trailer carrying diesel fuel and two trucks carrying water for natural gas drilling operations. (AP Photo/Pittsburgh Post-Gazette, Darrell Sapp)

Shale gas trucks crash in Pennsylvania

A western Pennsylvania intersection was shut down after crash involving a tractor trailer carrying diesel fuel and two trucks carrying water for natural gas drilling operations.  More »
Emily Nikkel, right, a consultant, and Karishma Hossain, an analyst, from Sugarland, both work for Alvarez & Marsal.

Nominate your employer for Houston’s Top Workplaces awards

Do you believe your workplace deserves some positive attention? Do think your company can be a model for treating employees the right way? Are you happy to go to work each day? Then nominate your company for the Houston Chronicle’s fifth annual Top Workplaces awards.  More »
The Mad Dog platform operates in the Gulf of Mexico. (BP)

Four years later: BP busier than ever in the Gulf of Mexico

BP has rebuilt its armada of deep-water drilling rigs to nearly double its size before the 2010 Gulf oil spill.  More »
Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

Judge sets date for final chapter of BP oil spill trial

A federal court on Monday laid out a detailed schedule for the penalty phase of BP’s civil trial over the 2010 Gulf of Mexico oil spill, setting the first day of the key chapter in the trial for Jan. 20, 2015.  More »
Yellow oil barrels

Oil stays above $104 amid Ukraine jitters

The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.  More »
(Image: Fotolia)

Investors pursue class action in suit over BP’s pre-oil spill statements

BP and attorneys for BP shareholders argued in federal court Monday about whether more than 100 investors should be granted a class certification to pursue a securities lawsuit against the London oil company.  More »
College students and supporters hold up signs at a rally to support fossil fuel divestment outside of City Hall in San Francisco, Thursday, May 2, 2013. (AP Photo/Jeff Chiu)

Divestment campaigns struggle against stock market, profits

The divestment campaigns have had limited success, but it’s a movement that administrators are noticing.  More »
(shankool007/Flickr)

Alaska legislature approves advancing gas line project

The Alaska Legislature has passed a bill setting the state’s participation in a major liquefied natural gas project.  More »
(Eddie Seal/Bloomberg)

Halliburton posts $622M in first-quarter net income

Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago.  More »
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