Fuel Fix

Clean up crews  work to collect oil from along side the Yellowstone River in Laurel, Mont., Monday July 4, 2011. An Exxon Mobil pipeline near Laurel ruptured, spilling crude oil into the Yellowstone. (AP Photo/Jim Urquhart)

Exxon Mobil appeals $1 million penalty for Yellowstone River spill

Safety regulators said Exxon Mobil failed to adequately heed warnings that its 20-year-old Silvertip Pipeline was at risk from flooding.  More »
(David Paul Morris/Bloomberg)

Chevron to move 100 jobs to Houston

Chevron plans to move 100 jobs from its San Ramon, Calif. headquarters to Houston.  More »
(AP Photo/Brennan Linsley)

Natural gas inventories rise above five-year average levels

Strong production and a milder winter have had inventories slowly recovering back toward more normal levels.  More »
A contractor closes a valve on his tanker truck at a Range Resources hydraulic fracturing operation Pennsylvania. (Keith Srakocic/AP)

MRC Global cuts 270 jobs, freezes hiring

The Houston firm’s cost reductions, which include a hiring freeze and deferring wage and salary increases, brought its layoffs it has made since last March up to 500, MRC CEO Andrew Lane told investors in a conference call Friday.  More »
Smoke rises from railway cars that were carrying crude oil after derailing in downtown Lac Megantic, Quebec, Canada. The fiery explosion killed at least 47 people in Canada in July 2013. (AP Photo/The Canadian Press, Paul Chiasson, File)

Canada toughens liability standards after oil train disaster

Transport Minister Lisa Raitt said the legislation will mean any railway or company that ships crude oil will share accountability for cleanup and compensation costs in the event of an accident.  More »
Crude Oil Caps Biggest Weekly Increase In Two Years On Libya Unrest

Crude oil flowing into Cushing, Oklahoma, worth billions

As oil prices have plummeted over the last several months, the U.S. Energy Information Administration said companies have stockpiled about 2.2 million barrels a week at Cushing.  More »
(Jennifer A. Dlouhy / The Houston Chronicle)

Feds propose Arctic drilling mandates

The Interior Department’s proposal would for the first time impose specific mandates on offshore drilling in isolated U.S. Arctic waters — updating rules that were built decades ago for the much more temperate Gulf of Mexico.  More »
These horizontal drilling rigs are stacked in West Texas, a portion of the more than 300 rigs that have been sidelined in Texas in recent months. (courtesy of Charles Perry)

U.S. rig count falls by 48 as market watches for signs of slowing output

This week’s count brought the number of active U.S. rigs down to 1,310, a figure that has plummeted by more than 460 compared to last year.  More »
trucks

Truckers with 35,000 openings seek jobless oil workers

Attracting and retaining drivers is one of the biggest challenges for long-haul trucking companies, which can see annual driver turnover of more than 100 percent, according to Bloomberg Intelligence.  More »
A Cabot Oil & Gas Corp. natural gas drilling rig in the Marcellus Shale in Pennsylvania. (Cabot)

Cabot reports loss, will slow Marcellus and Eagle Ford drilling

Cabot Oil & Gas Corp. reported a $221.8 million loss for the quarter, as it suffered from oil prices that have dropped by nearly half since their summer peaks.  More »
Natural gas wellhead

Fossil fuel divestment effort comes to energy-rich Colorado

Students will ask the University of Colorado Board of Regents on Friday to divest from coal and petroleum companies.  More »
Indian police in civil clothing escort two alleged suspects, center and center right, who are among the seven persons in an oil espionage case, to a police van to be produced in a court from the Delhi Crime Branch unit, in New Delhi, India, Friday, Feb. 20, 2015. Police have arrested seven people for allegedly stealing classified documents from the Indian government and selling them to energy companies, a top police officer said Friday. (AP Photo/Manish Swarup)

India: 7 arrested for stealing, leaking energy documents

The men were caught leaving the ministry building Tuesday after authorities acted on a tip that some individuals were stealing and leaking documents from the ministry.  More »
Derailed oil tanker train cars burn near Mount Carbon, W.Va., Monday, Feb. 16, 2015. A CSX train carrying more than 100 tankers of crude oil derailed in a snowstorm, sending a fireball into the sky and threatening the water supply of nearby residents, authorities and residents said Tuesday. (AP Photo/The Daily Mail, Marcus Constantino)

Feds: Speed doesn’t appear to be factor in West Virginia oil train crash

The CSX train was going 33 mph at the time of Monday’s crash in the town of Mount Carbon.  More »
alaska-pipeline-tight

Walker plans to pursue 2 export-capable gaslines

The state faces projected multibillion-dollar budget deficits amid a crash in oil prices, and the stand-alone project was among the big-ticket projects for which Walker late last year had halted new spending pending a review.  More »
(Cody Duty / Houston Chronicle)

Union rejects latest offer in national oil workers strike

The walkout, now in its third week, affects 11 refineries and petrochemical plants, five in the Houston area.  More »
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