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FMC Technologies elaborate booth in the Offshore Technology Conference at the NRG Center Wednesday, May 6, 2015, in Houston, Texas. (Gary Coronado/Houston Chronicle)

FMC Technologies scores $180 million contract for project offshore Australia

Houston-based FMC Technologies landed an $180 million contract to design, manufacture and supply subsea production systems for a project offshore Western Australia, the company announced.
European Union (EU) flags fly outside the European Council building in Brussels, Belgium, on Tuesday, Nov. 24, 2015. Authorities in Brussels extended the city's highest-level terror alert into next week as they maintained their warning Islamic State terrorists plan to attack highly populated areas like shopping malls and public transport systems. Photographer: Jasper Juinen/Bloomberg

European Commission launches Halliburton-Baker Hughes investigation

The anticipated move by the commission leaves Halliburton fighting antitrust reviews in both the U.S. and Europe as the proposed merger continues to face doubts and delays. The European Commission review could last as late as May 26 — well past the extended April 30 deadline for receiving approval from the U.S. Department of Justice.
(Tomohiro Ohsumi/Bloomberg)

ConocoPhillips ships first LNG from Australian megaproject

The shipment is among the first in a wave of liquefied natural gas projects that are coming online even as low oil prices have dragged down the value of natural gas on international markets.
A worker uses a headset and microphone to communicate with coworkers over the din of pump trucks, at the site of a natural gas hydraulic fracturing and extraction operation run by the Encana Oil & Gas (USA) Inc., outside Rifle, in western Colorado. (AP Photo/Brennan Linsley)

Report: Most oil companies score low on fracking disclosures

The annual scorecard grades 30 oil and gas companies for disclosures on five criteria: toxic chemicals, water and waste management, air emissions, community impacts, and management accountability.
(Photo: Woodside Petroleum)

Woodside abandons $8 billion takeover bid for Oil Search

Oil Search tumbled 16 percent at the close in Sydney, the most in seven years, while Woodside slumped to the lowest in a decade.
(AP Photo/Gerald Herbert, File)

TPH: Canceled projects could draw down 19 million daily oil barrels

Blindsided by a brutal downturn, oil companies have scuttled plans for scores of costly energy projects.
(Andrey Rudakov/Bloomberg)

Shell’s BG deal cleared by Australian competition regulator

Shell’s takeover has already won key regulatory approvals from the U.S., the European Union and Brazil.
(Matthew Lloyd/Bloomberg)

BP’s drilling plan offshore Australia turned back by regulator

BP is seeking to drill in the Great Australian Bight, a remote region the company has described as “pretty much the last big unexplored basin in the whole world.”
Shell's executive vice president for the Arctic, Ann Pickard, stands in front of the massive legs of the Transocean Polar Pioneer while it is being loaded with supplies in Seattle. Shell Oil Co. plans to use the Polar Pioneer and the Noble Discoverer to bore two exploratory oil wells in its Burger Prospect in the Chukchi Sea, about 70 miles northwest of the Alaska coast. Pickard, 60, took over Shell's Arctic portfolio in 2013 -- the latest step in a long career that included a three-year stint in Australia and five years heading Shell's interests in Nigeria.  (Jennifer A. Dlouhy / The Houston Chronicle)

Shell’s top Arctic exec is retiring, will join KBR board

Shell ended its $7 billion Arctic venture after the exploratory well it drilled in Alaskan waters of the Chukchi Sea failed to find significant amounts of oil and gas.
Michael O'Mara

Despite Australian scrutiny, Halliburton confident Baker Hughes deal will get done

Halliburton said it’s confident that the $35 billion takeover of Baker Hughes will withstand scrutiny by Australian regulators.