Fuel Fix

Huntsman posted higher third-quarter earnings despite an unplanned outage at its Port Neches plant. ( Brett Coomer / Chronicle )

Huntsman to cut 900 jobs mostly in Europe

The company announced the restructuring Monday, two months after it completed a $1 billion purchase of titanium dioxide and other assets from New Jersey-based Rockwood Holdings.  More »
The Texas Panhandle sky silhouettes a Linn Energy drilling rig in Wheeler County. (Linn Energy)

Texas drilling permits fall 50 percent in November, data shows

November’s batch of new Texas drilling permits fell 50 percent compared to the prior month, a sign that oil companies are holding back from boring into their sweetest spots while crude prices linger below $70 a barrel.  More »
(AP Photo via militant video)

Report: ISIS-affiliated group claims blame for Apache worker’s death

In August, an Apache supervisor was killed during an attempted carjacking while driving on a road in the desert southwest of Cairo, the company said.  More »

A BP company logo sits on display on the forecourt of a gas station operated by BP in London. (Chris Ratcliffe/Bloomberg)

BP, audit spell out documentation issues at spill claims office

A report from an independent accounting firm could give BP more ammunition for its long legal fight over its massive oil spill settlement.  More »
Weatherford posted larger second-quarter losses as revenues slumped.
Photographer: Eddie Seal/Bloomberg

Weatherford to sell units to Buffett-owned company for $825 million

Swiss oil-field equipment provider Weatherford International is planning to sell its chemistry and drilling fluids businesses for $825 million in cash plus potential earnout to a chemicals company owned by billionaire Warren Buffett.  More »
A driver refuels her car at a gas station of PetroChina, a subsidiary of CNPC (China National Petroleum Corporation), in Luoyang city, central China's Henan province, 19 August 2014.

China winning in OPEC price war as hoarding accelerates

The nation’s efforts to boost reserves may increase its imports by as much as 700,000 barrels a day in 2015.  More »
Texas Schools-Business

German utility company E.ON to focus on renewables

E.ON said in a statement late Sunday that the new strategy will see it quit conventional power generation, global energy trading, exploration and production.  More »
Fracking-Texas

Texas towns test oil and gas supremacy on fracking

A Texas hamlet shaken by its first recorded earthquake last year and hundreds since then is among communities now taking steps to challenge the oil and gas industry’s traditional supremacy over the right to frack.  More »
Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Ibrahim Naimi speaks to journalists at OPEC's meeting in Vienna. (AP Photo/Ronald Zak)

Oil tumbles below $65 as OPEC seen failing to slow shale

OPEC last week resisted calls from members including Venezuela, Iran and Iraq to reduce its production target of 30 million barrels a day at a meeting in Vienna.  More »
Improvements in oil field technology have made production more efficient.  (Julia Schmalz/Bloomberg)

Oil companies produce more for less as crude prices fall

Because of improved drilling and completion efficiencies that lower production costs, some oil companies will produce more next year even as they cut spending amid falling crude prices.  More »
Siemens CEO Joe Kaeser (Getty Images)

Q&A: Siemens boss charged up about oil field electricity

The CEO of German engineering conglomerate Siemens spokes with FuelFix about Siemens’ recent purchase of Houston-based equipment maker Dresser-Rand, and about the U.S. business landscape.  More »
The Jones Act requires that cargo shipped between U.S. ports travels on U.S. built, owned and operated vessels. (American Maritime Partnership photo)

Decades-old laws figure in oil export debate

Refiners say a century-old rule protecting American shipping will benefit overseas refining competitors if the U.S. starts exporting crude.  More »
Yellow oil barrels

OPEC decision creates “new world of oil”

The oil industry and consumers are watching crude markets after OPEC decided not to cut supplies.  More »
Memers of theOrganization of the Petroleum States meet Thursday at OPEC headquarters in Vienna. AFP PHOTO/SAMUEL KUBANISAMUEL KUBANI/AFP/Getty Images

Crude drops as OPEC stays course

Crude oil prices fell $5 a barrel Thursday as OPEC ministers meeting in Vienna decided not to cut production.  More »
Martin Houston Parallax Energy

Former BG exec hopes to win big with small LNG

Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities.  More »
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