Fuel Fix

Attendees view a small scale model of an offshore platform in the Aker Solutions booth during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. ( Mayra Beltran / Houston Chronicle )

Some OTC exhibitors have stepped up their conference spending, even amid downturn

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Categories: featured, OTC
While many companies have scaled back their presence this year amid a global oil collapse, others have still spent big.
Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

Take a look at the scale models from OTC 2015

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Categories: featured, OTC

Some OTC exhibitors have stepped up their conference spending, even amid downturn

on
Categories: featured, OTC
Attendees view a small scale model of an offshore platform in the Aker Solutions booth during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. ( Mayra Beltran / Houston Chronicle )
While many companies have scaled back their presence this year amid a global oil collapse, others have still spent big.
Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

Take a look at the scale models from OTC 2015

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The Offshore Technology Conference is big, but not big enough to hold some of the biggest tech in the world. That’s where these hyper-detailed scale models come in.
Categories: featured, OTC
(Andrew Harrer/Bloomberg)

Obama: Energy effort to help environment, military veterans

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The Energy and Defense departments are extending to a total of 10 military bases nationwide a pilot program that teaches exiting service members how to install solar panels.
Categories: Solar
Oil Boom Shifts The Landscape Of Rural North Dakota

Moody’s downgrades Sabine amid financial woes

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Moody’s Investors Service said $1.85 billion of the Houston oil producer’s debt is at higher risk of default after financial disclosures in its annual report Tuesday indicated it has an “unsustainable capital structure.”

(AP Photo/Luis Cruz Hernandez)

Houston-based wind company expanding

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Representatives of Houston-based EDP Renewable told the Wayne County commissioners Wednesday the company will study parts of Wayne, Randolph and Henry counties as possible wind farm locations.
Categories: Wind
From left, EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, Iranian Foreign Minister, Mohammad Javad Zarif, British Foreign Secretary, Philip Hammond, and U.S. Secretary of State, John Kerry, line up for a press announcement after the end of a new round of Nuclear Iran Talks in the Learning Center at the Swiss federal Institute of Technology (EPFL), in Lausanne, Switzerland, Thursday, April 2, 2015. (AP Photo/Keystone, Jean-Christophe Bott)

Iran moves closer to restoring oil exports on nuclear accord

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Minutes after the deal was announced, Brent crude, the global benchmark, fell as much as 5.4 percent.
Mining trucks carry loads of oil-laden sand at the Albian Sands oils sands project in Ft. McMurray, Alberta. (AP file photo/Jeff McIntosh)

Oil sands developer denied bid to restructure in Canada

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Connacher, an oils-sands developer, was seeking an Alberta court’s approval to swap C$1 billion ($796 million) of bonds for equity and to issue $35 million of convertible notes.
Screen grab from a video released by Diario Campeche Hoy of the Abkatun A-Permanente platform  on the Gulf of Mexico's Campeche Sound on fire on April 1, 2015.  An explosion and a fire erupted on an offshore oil platform operated by Mexico's Pemex on Wednesday, killing at least four workers, injuring 16 and forcing 300 to be evacuated. (AFP photo/Diario Campeche Hoy)

Mexico’s Pemex: 3 workers still missing after platform blaze

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Petroleos Mexicanos, or Pemex, said it became aware of the missing workers when it recounted personnel after Wednesday’s fire on the Abkatun-A Permanente shallow-water platform in the Campeche Sound.
View of the Abkatun A-Permanente platform on fire on the Gulf of Mexico's Campeche Sound on April 1, 2015. An explosion and a fire erupted on an offshore oil platform operated by Mexico's Pemex on Wednesday, killing at least four workers, injuring 16 and forcing 300 to be evacuated.    (AFP PHOTO/ STRSTR/AFP/Getty Images)

Pemex says it will meet deliveries despite massive oil platform explosion

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Four workers died including one from Mexican oil services provider Cotemar SA and 16 others were injured Wednesday after a fire on the Abkatun platform in the Gulf of Mexico.
Categories: Accidents, Offshore
(Photographer: Patrick Semansky/Bloomberg)

The petrochemical industry has billions in projects on tap, but not enough workers to build them

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Craft laborers require years of training, but the industry has failed to consistently invest in developing that workforce, leading to a worker shortage plaguing the petrochemical building spree.
A gas flare is seen in an aerial view in the early morning hours of July 30, 2013 near Watford City, North Dakota. (Photo by Andrew Burton/Getty Images)

North Dakota orders 5 companies to reduce oil production in state

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The five companies were ordered this month to reduce production to 100 barrels per day at certain wells or risk facing daily penalties.
(Jim Wilson/The New York Times)

Fracking operators ran up 2.5 violations a day, study shows

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The NRDC report tabulated citations issued by inspectors for breaching rules adopted to make sure wells are constructed soundly and the wastewater is handled safely.
From left, EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, Iranian Foreign Minister, Mohammad Javad Zarif, British Foreign Secretary, Philip Hammond, and U.S. Secretary of State, John Kerry, line up for a press announcement after the end of a new round of Nuclear Iran Talks in the Learning Center at the Swiss federal Institute of Technology (EPFL), in Lausanne, Switzerland, Thursday, April 2, 2015. (AP Photo/Keystone, Jean-Christophe Bott)

Oil extends losses after Iran, world powers agree outline deal

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Oil extended losses after Iran and world powers said they reached an outline accord that keeps them on track to end a decade-long nuclear dispute.
Categories: Crude oil, Nuclear
Photographer: Ty Wright/Bloomberg

The crash in U.S. oil rigs is finally slowing down

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Six of the oil rigs were idled in Texas. The slight dip – compared to the past four months of steep drops in active U.S. rigs – brought the nation’s oil-rig count to 802.
Exxon Mobil Corporation has filed permits to increase activity at their Beaumont refinery. The company reportedly plans an expansion that will the make the facility the largest in the United States. (Jake Daniels/The Enterprise)

Exxon may be expanding its Beaumont refinery

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Reuters reported in July that Exxon was considering a third crude distillation unit at the Beaumont refinery, potentially doubling its current 344,600-barrel per day capacity with a multi-billion dollar project.
Categories: Refining
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)

Quebec oil train disaster settlement for victims’ families

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Chicago-based law firm Meyers & Flowers says it will be closely reviewing the settlement to determine whether the defendants are paying sufficient funds.
Categories: Rail
(Photo by Andrew Burton/Getty Images)

Natural gas prices rise on larger-than-expected withdraw

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Natural gas inventories fell by 18 billion cubic feet to 1.46 trillion cubic feet for the week ending Friday, March 27.
Categories: Natural gas