Fuel Fix

John Gremp is chairman and CEO of FMC Technologies.

Oil firms reach for subsea standards to cut costs, FMC CEO says

The next generation of tools designed to help energy companies process oil and gas deep under the oceans could follow uniform industry designs, FMC Technologies CEO John Gremp said.  More »
Patrick Pouyanne at the Intercontinental Hotel  in Houston. ( Sharon Steinmann / Chronicle )

Total acts swiftly to replace CEO killed in crash

Barely 36 hours after de Margerie’s death, Total’s board chose its new leader at a board meeting Wednesday.  More »
Nelson Bunker Hunt (left) chuckles after being found innocent along with his brother Wililam Herbert Hunt (right).  (AP Wire photo)

Oilman Nelson Bunker Hunt dies at 88

Hunt died Tuesday at a Dallas assisted-living center after a long battle with Alzheimer’s disease, his brother, W. Herbert Hunt, said.  More »
(Image: Department of Energy)

University of Texas wins $58 million to study methane source in Gulf

The Department of Energy grant will allow UT to harvest the potential source of energy for the first time.  More »
(AP Photo/Brennan Linsley)

Pennsylvania township moves to ban drilling near homes

Some residents have voiced concerns about possible pollution from the drilling and have said they object to the proximity of the Krendale wells to homes, businesses and schools.  More »
A worker checks the valve of a gas pipe at a natural gas plant in Suining, in southwest Sichuan province. AFP/Getty Images

China cuts Saudi oil imports amid Colombia shipment boost

China reduced oil imports from Saudi Arabia even as the world’s largest crude exporter cuts prices to lure Asian customers amid intensifying competition from Colombia to Oman.  More »
Kevin Ramnarine, minister of energy and energy affairs, Republic of Trinidad and Tobago. (Photo from T and T website 5/1/2013)

Trinidad refinery swaps crude sources on Ebola scare

The decision follows the refusal of workers from Petrotrin, which operates Trinidad’s sole refinery, to assist with the berthing of a tanker that arrived in Trinidad waters.  More »
Specialist Douglas Johnson is reflected in a screen at his post on the floor of the New York Stock Exchange Monday, July 22, 2013. Rising commodity prices made up for a disappointing quarterly performance at McDonalds, lifting the stock market Monday. (AP Photo/Richard Drew)

WTI oil climbs as U.S. motor-fuel supplies seen lower

December futures increased as much as 0.5 percent in New York, adding to a 0.7 percent rise yesterday.  More »
Patrick Pouyanne at the Intercontinental Hotel  in Houston. ( Sharon Steinmann / Chronicle )

New Total CEO will contend with slump in production, oil

Pouyanne will have to see through a round of cost cuts as lower oil prices and weak returns from refining eat into profit at France’s largest company by sales.  More »
Patrick Pouyanne at the Intercontinental Hotel  in Houston. ( Sharon Steinmann / Chronicle )

Total board could vote for new CEO as soon as Wednesday

Total SA moved its emergency board meeting from Tuesday to Wednesday, when it will likely choose a successor to Christophe de Margerie, who died in a plane crash Tuesday night.  More »
Skyonic 1 BRO

First-of-its-kind carbon capture plant opens in North San Antonio

Austin-based Skyonic Inc. debuted its $125 million carbon capture plant on Tuesday.  More »
(Nathan Lindstrom/For the Houston Chronicle)

Nabors earnings rise after last year’s loss

Nabors Industries collected $61 million in profit in the third quarter on higher North American drilling activity, a year after it faced losses on asset impairments and other charges.  More »
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