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(Bill Montgomery/Houston Chronicle)

Oil companies lose trans-Alaska pipeline case

The ruling states that the project to update four pump stations and control systems along the 800-mile line, known as Strategic Reconfigurations, was “imprudently” managed.
In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP Photo/Gerald Herbert, File)

Federal judge grants trial delay in BP oil spill fraud case

The Sun Herald reports U.S. District Court Judge Louis Guirola Jr. found the evidence so voluminous that attorneys would need more time to prepare their defenses.
Map of Shell prospects in the Gulf of Mexico. (Shell)

Shell finds 100 million oil barrels in deep-water Gulf discovery

Royal Dutch Shell has drilled its longest-ever well and found 100 million barrels of oil equivalent buried at one of its recent deep-water discoveries in the Gulf of Mexico, the company said Wednesday.
(Chris Ratcliffe/Bloomberg)

BP looks to sell Alabama petrochemical complex

BP said it is focusing more on world-scale, low-cost facilities that utilize BP proprietary technology.
(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.”
A crew cleans oil from the beach at Refugio State Beach on May 20, 2015 north of Goleta, Calif.  (Photo by David McNew/Getty Images)

Rhode Island pension system sues BP, Plains All American over oil spills

In May, a corroded pipeline owned by Plains All American released crude near Santa Barbara, California.
Lee Tillman, vice president, engineering, ExxonMobil Development Company, gives a presentation on large-scale projects in the Arctic at OTC 2013 Wednesday, May 8, 2013, in Houston. (Brett Coomer/Houston Chronicle)

BP, Marathon stump for longer drilling laterals in Oklahoma

Marathon CEO Lee Tillman said that a 2011 Oklahoma law allowing longer laterals had helped producers in the state.
Shell Oil President Marvin Odum, center, speaks at the University of Houston energy symposium, "Carbon tax: Is it the right time?" on Tuesday, Nov. 10, 2015. ( Karen Warren / Houston Chronicle )

Shell Oil Co. president touts carbon tax over piecemeal regulations

A carbon tax or cap-and-trade system in the U.S. — and globally — would serve the energy industry better than the current slate of piecemeal state and federal regulations, Shell Oil Co. President Marvin Odum said Tuesday at a University of Houston energy symposium on “Carbon Tax: Is It the Right Time?”
John Christmann IV, chief executive officer of Apache Corp., speaks during an interview at the company's headquarters in Houston, Texas, U.S., on Tuesday, June 9, 2015. (Aaron M. Sprecher/Bloomberg)

Apache shares surge on report of interested buyer

Apache Corp. shares climbed as much as 13 percent on Monday.
Kurt Mix (center) arrives at the Hale Boggs Federal Building in New Orleans, Tuesday, Dec. 3, 2013.  (AP Photo/Jonathan Bachman)

Ex-BP engineer says he was ‘scapegoat’

On Sunday, Kurt Mix wrote in a first-person commentary posted on the Wall Street Journal website that was an oil spill scapegoat.