Fuel Fix

AUSTRIA-OPEC-COMMODITIES-ENERGY-OIL

OPEC chief urges oil investment despite low prices

The secretary-general of OPEC on Sunday urged Gulf Arab nations to keep investing in oilfield development despite the plunge in crude prices and gave no indication the cartel was prepared to shift its strategy to halt the slide.  More »
BP America Chairman John Mingé (Photo: BP)

Q&A: BP America CEO talks oil prices, opportunities

Minge is a former driller who has been with BP for more than three decades, including his most recent stint in Alaska.  More »
Al Monaco, president and CEO of Enbridge Inc., speaks during the IHS CERAWeek. (Melissa Phillip/Houston Chronicle)

Enbridge lays off some Houston-area workers

The Houston-based pipeline company last week cut positions in its under-performing domestic gas pipelines and processing business unit, including jobs in the office and field locations.  More »

(Photo by Joe Raedle/Getty Images)

AAA: Consumers now saving $100 per month on gasoline

Gasoline prices averaged $2.60 per gallon Friday — the lowest level since Dec. 27, 2009.  More »
(AP Photo/The Times, Kyle Telechan)

Magellan condensate splitter in Corpus Christi gets clearance

A $250 million condensate splitter proposed for Corpus Christi got clearance from federal regulators on Friday, bringing it one step closer to construction.  More »
(AP Photo/The Bakersfield Californian, Casey Christie)

New railroad rebuilding business after disaster in Quebec

Central Maine and Quebec Railway spent $10 million on track improvements over the summer to increase train speeds that had been lowered to 10 mph in some places because of deferred maintenance.  More »
U.S. Oil Rigs Increase Exploration, Defying Predictions

Crude fall raises prospects of layoffs in Wyoming

The drop in prices carries widespread implications in Wyoming, where a recently revived oil industry has bolstered payrolls and state coffers.  More »
U.S. Oil Rigs Increase Exploration, Defying Predictions

Rig count falls as oil prices continue slide

A new report showed that producers had slowed the pace of drilling for oil as the commodity fell further fell further $60 per barrel on Friday.  More »
( Jay Pickthorn/AP/Statoil).

Crude oil extends drop below $60 as IEA cuts forecast

The IEA reduced its estimate for oil demand growth in 2015 by 230,000 barrels a day on Friday.  More »
In June, GE tested this prototype 20,000 psi ram blowout preventer at its Houston Technology Center. The 20ksi program also includes new wellheads, connectors, control systems, and riser systems. (GE Oil & Gas)

Blowout preventer rule gets White House vetting

Federal regulators are advancing rules meant to boost the reliability of blowout preventers used to safeguard offshore wells.  More »
INDONESIA-OPEC-COMMODITIES-OIL-PRICE

Cheaper crude doesn’t mean cheaper products yet

Raw materials and fuel have gotten less expensive as oil prices plunge to their lowest levels in five years, but manufacturers may be reticent to pass on those savings to consumers until the volatile oil and gasoline markets begin to settle.  More »
pilot27

Record oil tankers seen sailing to China amid stockpiling signs

There are 83 very large crude carriers bound for Chinese ports, according to shipping signals from IHS Maritime.  More »
Protests were held in November against corruption in Brazil. Miguel Schincariol /AFP/Getty Images

Brazil charges 35 in Petrobras scandal

The formal charges cap a months-long investigation dubbed “Operation Car Wash.”  More »
Emilio Lozoya, chief executive officer of Petroleos Mexicanos (Pemex) (Susana Gonzalez/Bloomberg)

Mexico opens bidding for outsider oil exploration

Mexico nationalized its oil industry in 1938. Prior to this year’s reforms, the state company Petroleos Mexicanos was the only one allowed to do oil exploration and production.  More »
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Ecuador case against Chevron before Canadian court

Lawyers have fought for years in several countries over who’s responsible for pollution in the rain forest.  More »
Page 6 of 1,163« First...45678...203040...Last »