Fuel Fix

Shown is the lower half of a failed lower marine riser package connector. (Photo: Bureau of Safety and Environmental Enforcement)

Investigation tracks failure of subsea bolts

The failure of a bolt used to affix emergency equipment to a subsea well in the Gulf of Mexico should spur the oil industry to write new standards for fasteners and the oversight of contractors working offshore, investigators say.  More »
Exxon Mobil has about 86 percent of its oil and gas production in what rating agencies consider less risky OECD countries, according to the analysis.(Carlos Javier Sanchez/ Special to the Chronicle)

Most majors keep investments in lower risk countries, report says

Major oil and gas companies have continued to base the majority of production in low-risk countries, with a handful of exceptions, according to a new analysis.  More »
Enrique Pena Nieto

Mexico enacts gas, oil opening

Mexican President Enrique Pena Nieto has signed into law the rules governing a historic opening of the state-run oil, gas and electricity industries to foreign and private companies.  More »
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Ships dock at the Kinder Morgan's BOSTCO storage terminals at the Houston Ship Channel on Monday, May 19, 2014, in La Porte. ( J. Patric Schneider / For the Chronicle )

Kinder: Time to move on from MLP that built empire

Kinder Morgan shares surged Monday as the firm’s co-founder, Richard Kinder, explained on a conference call his reasoning behind the deal.  More »
A drilling rig working for Houston-based Vaalco Energy approaches  the Ebouri platform, offshore Gabon. (Vaalco Energy)

Marathon, Noble announce exploration contracts in offshore Gabon

Houston-based oil and gas independents Marathon Oil and Noble Energy announced separate deals with the government of Gabon to explore in deep water off the coast of the West African nation.  More »
Work crews work at the Kinder Morgan's BOSTCO storage terminals at the Houston Ship Channel on Monday, May 19, 2014, in La Porte. ( J. Patric Schneider / For the Chronicle )

Kinder Morgan to unite a house divided in $44 billion deal

Kinder Morgan Inc. will acquire three publicly traded subsidiaries in a $44 billion deal combining the components of the giant Houston-based pipeline empire.  More »
A pro-Keystone XL ad from the American Petroleum Institute.

Study: Keystone carbon pollution more than figured

The much-debated Keystone XL pipeline could produce four times more global warming pollution than the State Department calculated earlier this year, a new study concludes.  More »
LLOG Exploration Co.'s "Delta House" floating production system will eventually connect to a pair of oil fields named after characters from the 1978 comedy "Animal House." (LLOG).

Gulf oil field names follow quirky, creative system

As drilling activity has increased in the Gulf of Mexico over the decades, geologists have had to push the envelope and develop even more distinct labels for their finds  More »
President Vladimir Putin watches a video-bridge with Rosneft CEO Igor Sechin and Glenn Waller, Exxon Mobil's lead manager in Russia in the Bocharov Ruchei residence in the Black Sea resort of Sochi, Russia, Saturday, Aug. 9, 2014. U.S. oil giant Exxon Mobil began drilling for oil in Russia's Arctic on Saturday .(AP Photo/RIA-Novosti, Alexei Druzhinin, Presidential Press Service)

Russia starts drilling its northernmost oil well

The Russian-American project comes despite deteriorating relations between Washington and Moscow over the crisis in Ukraine, in which each side has hit the other with sanctions.  More »
This aerial photo shows the tanker United Kalavryta underway in the Gulf of Mexico on Friday, before it anchored off Galveston, where it awaits its fate. 
(Courtesy: U.S. Coast Guard)

Tanker carrying disputed crude hasn’t moved or unloaded oil

A tanker remains anchored off Galveston two weeks after it arrived carrying 1 million barrels of crude it can’t unload because of a dispute involving ownership of oil produced in Iraq.  More »
pemexlogo

One killed in Pemex refinery fire

At least four accidents have occurred at the Ciudad Madero refinery this year, including a fire at a storage tank on July 22 that injured nine Pemex workers.  More »
Oil Barrels

Brent crude declines as U.S. hits militants in Iraq

However, West Texas Intermediate rose 31 cents to $97.65 a barrel on the New York Mercantile Exchange.  More »
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