Fuel Fix

The OneSubsea exhibit booth at the 2014 Offshore Technology Conference. (Collin Eaton/Houston Chronicle)

OneSubsea gets $270 million for Pemex’s first deepwater subsea field

OneSubsea announced Monday that it won a $270 million contract to develop a subsea production system for Pemex that will serve the first deepwater subsea field developed by Pemex, Mexico’s national oil company.  More »
Targa Resources is provider of midstream natural gas and NGL services. Targa employees are working at the Galena Park terminal. Photo: NA / HC

Targa Resources to acquire Atlas for $5.9 billion

The acquisition will create a company with a presence in four of the top five basins by active rig count.  More »
(AFP PHOTO / ALEXANDER KLEINALEXANDER KLEIN/AFP/GettyImages)

Iraq follows Saudi price Cuts as Brent oil falls with WTI

Iraq will sell its Basrah Light crude to Asia at the biggest discount since January 2009.  More »
(AP Photo / Kent Skibstad, NTB scanpix)

Statoil sells stake in Azerbaijan gas project

Norwegian energy company Statoil says it has sold its stake in the Shah Deniz gas project in Azerbaijan to Malaysian company Petronas for $2.25 billion.  More »
(Image: Halava)

Houston oil firm in North Sea files for bankruptcy protection

Disruptions at its oil fields in the U.K. North Sea and a high level of debt have driven Houston-based Endeavour International to file for Chapter 11 bankruptcy.  More »
epa_logo

Pipeline leaks brine in Lake Sakakawea tributary

Houston-based Oasis Petroleum Inc. reported the spill, The Environmental Protection Agency said it had no confirmed reports that the saltwater reached Bear Den Bay on Lake Sakakawea.  More »
FRANCE-ECONOMY-ENERGY-OIL-FUEL-GAS-AUTO-FILES

Holiday drivers closest to paying $3 gasoline in 4 years

With deep declines expected in gasoline prices this holiday season, Thanksgiving drivers should have one less thing to worry about on the busiest travel day of the year.  More »
BP's Atlantis platform in the Gulf. (BP image)

BP: $256 billion lawsuit against it should stay dead

BP says a recently unearthed government report has no bearing on whether a judge should retry a $256 billion lawsuit over safety compliance issues at one of its deep-water production platforms in the Gulf of Mexico.  More »
Oil Barrels

Oil prices rise but are still in bear territory

Oil for November delivery rose 43 cents, or 0.5 percent, to $86.20 a barrel on the New York Mercantile Exchange.  More »
A worker hangs from an oil derrick outside of Williston, N.D., in 2011. State data show that 1 billion barrels of oil have been produced from the rich Bakken shale formation in western North Dakota and eastern Montana.  (AP Photo/Gregory Bull, File)

Sinking oil prices may stifle deals, M&A expert says

With oil prices at their lowest point in years, the rate of mergers and acquisitions is slowing and oil firms are pulling back on international investments.  More »
The sun rises over a drilling site in Frio County, Texas. (Jerry Lara/San Antonio Express-News)

Democrats tell feds to crack down on illegal drilling

Federal land managers need to work harder to prevent oil companies from illegally burrowing into federal mineral estate, four House Democrats say.  More »
A worker walks through pipes connecting storage tanks and pumps in the hydraulic fracturing process. (AP Photo/Keith Srakocic, File)

European chemical industry importing U.S. shale gas

As the U.S. chemical sector grows and expands, fueled by a surge in domestic gas production, the European chemical industry is stagnating, plagued by high production costs and a lack of investment in new plants and research and development.  More »
Page 7 of 1,403« First...56789...203040...Last »