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The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

New offshore safety rules would make drilling some wells too difficult, industry lobbyists tell White House

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More than a dozen oil companies and drilling contractors joined leading industry trade groups in pushing back against proposed federal mandates for offshore wells they say would make some impossible to drill. The proposed requirements were spurred by the Deepwater Horizon disaster.
A worker from Oceanografia SA walks down a set of stairs on a section of the Petroleos Mexicanos (Pemex) Pol-A Platform complex, located on the continental shelf in the Gulf of Mexico, 70 kilometers offshore from Ciudad del Carmen, Mexico, on Friday, March 28, 2014. "Production is stable and we foresee production reaching our target levels above 2.5 million barrels per day,? Pemex chief executive officer Emilio Lozoya said in an interview last week. Photographer: Susana Gonzalez/Bloomberg

Oil majors shun Mexico offshore auction as blocks go unsold

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Exxon Mobil Corp., Chevron Corp. and Total SA all passed on the first 14 shallow-water oil blocks auctioned by Mexico today in the country’s first-ever sale of territory in the Gulf of Mexico. Only one of Mexico’s first five oil blocks auctioned received a qualifying bid.
Workers prepare drilling pipe on the Petroleos Mexicanos (Pemex) La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug. 30, 2013. (Susana Gonzalez/Bloomberg)

Bidding for Mexico’s Gulf blocks to open Wednesday, with Exxon, Chevron among interested U.S. companies

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The auction is intended to hand up to 14 offshore Gulf of Mexico blocks to private companies in exchange for a cut of the oil they may find and produce in the regions.
(AP photo/Brennan Linsley)

California farms are using drilling wastewater to grow crops

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Amid a four-year dry spell, more companies in California are looking to recycle their water or sell it to parched farms as the industry tries to get ahead of environmental lawsuits and new regulations.
Smoke and flames billow from a crude oil unit at the Chevron refinery in Richmond, Calif., Monday, Aug. 6, 2012. (AP Photo/ContraCosta Times, D. Ross Cameron )

Fire at Chevron refinery in California led to infighting at U.S. Chemical Safety Board

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The CSB strife can be traced back to the August 2012 fire at Chevron’s Richmond refinery that sent thousands of people to East Bay hospitals seeking treatment.
(Carla Gottgens/Bloomberg)

How the European oil industry decided to save the climate

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As BP Chief Executive Officer Bob Dudley recalls, it all started with himself and his peers from Statoil, Total and Royal Dutch Shell, on stage at the forum debating their response to the climate change challenge.
Chevron's massive deep water offshore platform heads to the Gulf of Mexico. The project was slated to start production this year, but that's been delayed after several subsea installation tendons sustained damage. (Chevron)

Big Oil is paying attention to Chevron’s Big Foot troubles

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The equipment failure plaguing Chevron’s massive Big Foot project was an unusual fate for a system that’s been commonly used for years to tether massive oil and gas production platforms to the seafloor.
The hull of Chevron's Big Foot oil platform arrived in Texas in March 2013, after a three-month journey from Korea. It is scheduled to begin production in early 2014, 225 miles south of New Orleans, floating in 5,200 feet of water. (Chevron)

Additional tethering failures add to problems plaguing Chevron’s Big Foot project

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Three more tendons sank to the ocean floor, adding to the problems that Chevron has been working for more than a week to assess. In addition, all six of the massive buoys holding the tendons in place have also sank, including the portion of one that was adrift.
(Lucas Schifres/Bloomberg)

Methane emissions threaten to undermine natural gas offensive

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Exxon Mobil Corp., Chevron Corp., Royal Dutch Shell Plc, Total SA and BP Plc CEOs spoke in favor of using natural gas that would supplant dirtier coal-fired power. Demand for the energy is seen outpacing oil over the coming decades.
An ethylene unit shown at the Chevron Phillips Chemical Company's Cedar Bayou Plant, 9500 I-10 East, Tuesday, June 5, 2012, in Baytown. ( Melissa Phillip / Houston Chronicle )

Chevron, Phillips 66 joint venture may have a second natural gas “megaproject” in the works

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The Houston-based company has led a wave of new U.S. facilities that make ethylene, used in plastics to polyester. Plants that use low cost gas from shale formations will help U.S. production of basic chemicals increase for the next four years, starting with a 3.1 percent rise this year and peaking at 6 percent in 2018.