Fuel Fix

Emilio Lozoya Austin, chief executive officer of Petroleos Mexicanos (Pemex), pauses during a session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 24, 2014. (Chris Ratcliffe/Bloomberg)

Exxon, Pemex sign cooperation agreement

The companies agreed to analyze exploration, drilling and refining opportunities.  More »
Louisiana Gov. Bobby Jindal and industry supporters, including the Louisiana Oil and Gas Association, have harshly criticized the lawsuit. (AP Photo/ Richard Shiro)

Exxon joins Jindal to face Dr. Mud in wetlands legal fight

Members of a New Orleans levee board are suing 90 oil and natural gas producers for billions over claims that they’re destroying coastal marshes.  More »
Yellow oil barrels

WTI crude slips below $90 for first time in 17 months

West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand.  More »
A monument to Ukrainian poet and writer Taras Shevchenko is silhouetted against an apartment building with a sign advertising Russia's natural gas giant Gazprom, in Moscow. (AP Photo/Alexander Zemlianichenko, file)

Russia oil production nears record with sanctions yet to bite

Sanctions already halted some joint work between Exxon Mobil Corp. and Rosneft, threatening a project in the Kara Sea where the state-run company said last week it may have identified a billion-barrel crude discovery.  More »
Huntsman completed its $1 billion purchase of a New Jersey company's pigments business. ( Brett Coomer / Chronicle )

Huntsman completes $1 billion pigments purchase

The acquisition of assets from New Jersey-based Rockwood Holdings makes Huntsman the second-largest maker in the world of titanium dioxide and inorganic color pigments, used in paint, coatings and other products.  More »
A deep-water drilling rig works in the South China Sea. (AP Photo/Xinhua, Jin Liangkuai)

Audit: Offshore drilling permit reviews are inconsistent

he federal agency in charge of regulating offshore drilling doesn’t have standardized procedures for reviewing permits and has not finished establishing an electronic program designed to streamline the process, according to government audit.  More »
Yellow oil barrels

Crude prices fall as Saudi Arabia cuts prices

Oil for November delivery declined 43 cents, or 0.5 percent, to close at $90.73 a barrel.  More »
Russell Girsh motions to his driller to turn the equipment on at an oil rig near Watford City, N.D. (AP Photo/Williston Herald, Jerry Burnes, File)

N.D. oil boom widens wage gap between the sexes

North Dakota’s unprecedented oil bonanza has boosted salaries throughout the state, though the male-dominated, high-paying energy industry also is widening the wage gap between men and women.  More »
(Matthew Lloyd/Bloomberg)

U.S., U.K. securities suits against BP move forward

BP failed to persuade a Texas federal judge to dismiss several lawsuits brought by U.S. and U.K. institutional investors who claim the London oil company misled them about the impact of the Deepwater Horizon oil spill.  More »
In this July 28, 2014 photo, Rick Huffstutlar walks through a pasture at his home with wind turbines in the background in Calumet, Okla. A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners. Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly.   (AP Photo/Sue Ogrocki)

Oklahoma reconsiders wind subsidies as industry power grows

Now that wind turbines stand tall across many parts of the nation’s windy heartland, some leaders in Oklahoma and other states fear their efforts succeeded too well, attracting an industry that gobbles up huge subsidies, draws frequent complaints and uses its powerful lobby to resist any reforms.  More »
Energy Secretary Ernest Moniz, center, gives IHS vice chairman Daniel Yergin the first James R. Schlesinger Medal for Energy Security during a ceremony in Washington, D.C. At left, Deputy Energy Secretary Daniel Poneman, reads an inscription.

Yergin: Energy security is more than just strong supply

Daniel Yergin, an oil and gas expert whose 1990 book “The Prize” is still considered required reading for anyone who wants to understand the industry, on Wednesday won government recognition for helping to illuminate the mysteries of energy policies, politics and production.  More »
Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy plans Falkland Islands exploration wells

Noble Energy will resume exploration drilling in the Falkland Islands next year, the company announced Wednesday, following evaluation of seismic imaging over its 10 million acres off the cost of the islands east of Argentina.  More »
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