Fuel Fix

Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

ConocoPhillips to cut 10 percent of global workforce

on
ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.

ConocoPhillips to cut 10 percent of global workforce

on
Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)
ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.
permian basin

W&T Offshore to sell Permian assets for $376 million

on
W&T Offshore has agreed to sell its stake in a West Texas oil field to a private equity start-up company for $376 million, the latest oil deal geared toward supporting a seller’s financial books amid cheap oil prices.
Categories: Crude oil, Deals, featured, Texas
Oil Barrels

Crude oil falls deeper into bear territory

on
West Texas oil for November delivery dropped $3.90 to $81.84 a barrel on the New York Mercantile Exchange, the lowest settlement since June 28, 2012.
(AP file photo)

Permian crudes weaken after Sunoco pipeline spill

on
Crude extracted from the largest U.S. oil field weakened against the U.S. benchmark after producers lost access to Midwest markets when a 4,000-barrel spill in Louisiana forced the shutdown of a key pipeline.
Israeli soldiers kneel during a drill near the Israel and Gaza border, Tuesday, July 22, 2014. Israeli airstrikes pummeled a wide range of targets in the Gaza Strip on Tuesday as the U.N. chief and the U.S. secretary of state began an intensive effort to end more than two weeks of fighting that has killed hundreds of Palestinians and dozens of Israelis. (AP Photo/Dusan Vranic)

Israel sees gas as key to transforming Mideast relations

on
After this summer’s war in Gaza battered Israel’s international reputation, the country’s leaders say they have a new foreign policy tool to build relations with its neighbors: natural gas.
Categories: Middle East, Natural gas
( Brett Coomer / Houston Chronicle )

Houston nonprofit banking on solar

on
Officials at the nonprofit say the savings from going solar will be redirected back into its mission.
Categories: Electricity, Solar
(Andrey Rudakov/Bloomberg)

Shell Pipeline begins second open season for Westward Ho pipeline

on
The line will accommodate an anticipated increase in U.S. Gulf of Mexico crude oil coming into Louisiana.
Categories: Pipelines
The head office of Statoil in Stavanger, Norway.  (AP Photo / Kent Skibstad, NTB scanpix, File)

Statoil announces Tanzania gas discovery

on
The Norwegian energy company has had a presence in Tanzania since 2007.
(Kin Man Hui/San Antonio Express-News)

N.D. governor: State responding to natural gas flaring problem

on
About one-third of the natural gas produced in North Dakota is burned off due to a lack of infrastructure