Fuel Fix

Tokyo Gas' LNG Plant/Tanker Images

Why Texas is now home to bargain-hunting Japan oil buyers

Their move into Houston illustrates the challenge for OPEC as the highest American output in more than three decades lures the group’s traditional customers and benchmark prices tumble.  More »
Halliburton Chairman and CEO Dave Lesar, joined by members of the Halliburton Executive Team ring the Opening bell at the New York Stock Exchange on November 18, 2014 in New York City. (Photo by Ben Hider/NYSE)

Halliburton begins antitrust review, sees $75 million restructuring charge

Halliburton chief financial officer Mark McCollum said the regulatory review process to clear the deal to acquire Baker Hughes with U.S. and European Union authorities has begun in earnest.  More »
Crews in Michigan clean up oil, from a ruptured pipeline, owned by Enbridge Inc, near booms and absorbent materials where Talmadge Creek meets the Kalamazoo River in 2010. (AP Photo/Paul Sancya, File)

Enbridge settles Michigan class-action suit over spill

A pipeline leak spewed more than 800,000 gallons of crude oil into the Kalamazoo River and Talmadge Creek in July 2010, resulting in one of the costliest onshore oil spills in U.S. history.  More »

This Aug. 11, 2014 file photo shows two strip clubs along Main Street in Williston, N.D. Williston commissioners voted unanimously Tuesday night, Dec. 9, 2014, to suspend the liquor licenses of the city's two strip clubs for the second time in two years due to what police say are an excessive number of complaints about disorderly behavior. (AP Photo/Josh Wood, File)

North Dakota oil town suspends booze licenses

Commissioners also suspended the strip clubs’ licenses in 2013 for excessive calls for disorderly behavior.  More »
Louisiana Gov. Bobby Jindal (AP Photo/ Richard Shiro)

LNG co. plans $4 billion-plus Louisiana investment

Construction is expected to begin at the 203-acre site in the third quarter of 2016.  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 price hit by OPEC numbers as Saudis stand firm on output

OPEC cut the forecast for how much crude it will need to produce next year by about 300,000 barrels a day to 28.9 million a day, the least since 2003.  More »
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip / Houston Chronicle )

Kinder Morgan COO says he’ll take the reins

Kinder Morgan’s second-in-command Steve Kean said he will eventually take over as CEO of the nation’s largest pipeline company by market value after Richard Kinder steps back.  More »
(Eddie Seal/Bloomberg)

Goodrich pares spending plans, considers selling Eagle Ford assets

In the first half of next year, Goodrich will explore “strategic alternatives” for all or a portion of its Eagle Ford acreage to give the company greater flexibility to expand development under better market conditions, the company said in a release Wednesday.  More »
(Matthew Lloyd/Bloomberg)

BP sees $1 billion in restructuring charges as oil falls

The British oil giant is gearing up to weather at least two years of lower oil prices and the contraction in the oil industry that goes with it.  More »
Iranian President Hassan Rouhani pauses before delivering the country's draft budget to the parliament speaker at the parliament in Tehran, Iran, Sunday, Dec. 7, 2014. (AP Photo/Vahid Salemi)

Iranian president calls fall in oil prices ‘treachery’

Rouhani spoke at a Cabinet meeting Wednesday about what he thought was a “politically motivated” fall in prices.  More »
(AP Photo/Vahid Salemi, File)

As oil resumes drop, Iran sees $40 if there’s OPEC discord

Brent collapsed 15 percent since OPEC agreed to leave its production ceiling unchanged on Nov. 27, resisting calls from members including Venezuela to cut output to stabilize prices.  More »
(AP file photo/John Moore)

OPEC says 2015 demand for its crude will be weakest in 12 years

OPEC lowered its projection for 2015 by about 300,000 barrels a day, to 28.9 million a day.  More »
Chevron CEO John S. Watson delivers a keynote address during the American Association of Blacks in Energy National Conference in Houston in April 2014. ( Mayra Beltran / Houston Chronicle )

Chevron to delay capital spending announcement

Chevron, the second largest U.S. integrated energy company, announced Tuesday that its budget won’t be made public until early next year.  More »
A Gunnison Sage Grouse. (AP Photo/Colorado Parks and Wildlife, Dave Showalter)

Sage grouse scares off BLM oil, gas bidders in Nevada

The U.S. Fish and Wildlife Service is expected to decide early next year whether to grant a petition by conservationists to list the bird as threatened or endangered.  More »
Yellow oil barrels

Crude oil climbs back from 5-year lows

WTI for January delivery rose 77 cents, or 1.2 percent, to settle at $63.82 a barrel.  More »
Page 5 of 1,161« First...34567...102030...Last »