Workers in Angola are completing construction of the strongest crane in Africa that will be used at offshore projects for Chevron Corp. (CVX), Total SA (FP), and SBM Offshore NV. (SBMO) More »
The House Transportation Committee approved a measure that would allow construction of the Keystone XL pipeline without action by President Barack Obama, the third panel to push the pipeline bill this year. More »
Canada’s prime minister says a controversial oil pipeline from his country to the U.S. Gulf Coast “absolutely needs to go ahead” and warns that the oil will be transported through one way or the other. More »
Apache shareholders voted down a proposal to raise executive pay during a shareholders meeting on Thursday in Houston, a visible rebuke to top management for the sagging stock price and concerns about investment in Egypt. More »
The Obama administration on Thursday unveiled a new plan to tighten standards for drilling on public lands and force companies to reveal the chemicals they use in the process, after making significant concessions to the oil industry. More »
Energy costs rose 2.3 percent in March and April, largely because of an 8.2 percent jump in the cost of electricity, the U.S. Bureau of Labor Statistics reported Thursday. More »
A group of regulatory and intelligence experts that includes a former director of the Central Intelligence Agency said Thursday they have launched a new effort to focus on computer security solutions facing energy companies and the government. More »
Exxon Mobil Corp. has averted a strike at its Baytown refinery, one of the world’s largest sources of gasoline and diesel fuels, after a union there ratified a new agreement with the oil giant. More »
There’s another new rail park opening in southern Bexar County – part of a railroad boom that’s chasing surging oil and gas production in the Eagle Ford Shale region. More »