Fuel Fix

Exxon Mobil Corp. CEO Rex Tillerson speaks to 2015 IHS Energy CERAWeek. (Billy Smith II/Houston Chronicle)

Exxon Mobil earnings fall 52 percent

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Categories: Crude oil, featured
Lower prices cost oil and gas giant Exxon Mobil’s upstream business $4.5 billion, the company said.

Exxon Mobil earnings fall 52 percent

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Categories: Crude oil, featured
Exxon Mobil Corp. CEO Rex Tillerson speaks to 2015 IHS Energy CERAWeek. (Billy Smith II/Houston Chronicle)
Lower prices cost oil and gas giant Exxon Mobil’s upstream business $4.5 billion, the company said.
(Photographer: Andrey Rudakov/Bloomberg)

Shell to ax thousands of jobs amid $7 billion in spending cuts

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The company, which in April said it was confident prices would return to $90 a barrel in three years, on Thursday said that “today’s oil price downturn could last for several years.”

Aerial view shows  the petrochemical refinery complex in Deer Park. (AP Photo/David J. Phillip)

Manufacturing boom needs workers, reforms

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The energy boom has led to a surge in manufacturing plant openings and announcements, but that growth is being endangered by politics, the president of the nation’s manufacturing lobbying group said Tuesday in Houston.
Categories: Chemicals, Natural gas
ExxonMobil CEO Rex Tillerson speaks after receiving the Green Cross for Safety medal from the National Safety Council during the group's annual dinner at the Hilton Americas Hotel on Tuesday April 2, 2013. (Dave Rossman)

Exxon CEO’s lawsuit against water tower fuels public outrage (video)

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Exxon Mobil CEO Rex Tillerson is at the center of a media firestorm over a lawsuit protesting a water tower near his $5 million horse ranch north of Dallas.

(StockMonkeys.com)

Intervale Capital raises $495M for oil field services, drilling efficiency

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It’s the Massachusetts firm’s third official investment run after eight years of buying and selling North American shale services companies like Fort Worth-based steel drill bit maker Ulterra Drilling Technologies.
Tankers in the Houston Ship Channel. (Billy Smith II/Houston Chronicle)

Surge in fuel exports boosting US trade balance

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The value of net refined fuel exports from the U.S. increased 55 percent in 2013 over the prior year, reaching $33 billion, according to the U.S. Energy Information Administration.
Categories: Markets, Refining
A pedestrian walks on a bridge in front of wind turbines at the Sino-Singapore Tianjin Eco-city in Tianjin. (Tomohiro Ohsumi/Bloomberg)

China narrows gap to US in renewable-energy ranking

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China closed in on the U.S. at the top of a renewable-energy ranking by consultants EY after installing record solar-power capacity last year.
Categories: Asia, Solar
Mississippi River Oil Spill

Mississippi spill highlights risk of US oil boom

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A barge crash that spilled enough oil to temporarily shut a stretch of the Mississippi River highlights the transportation risks of the U.S. energy boom just as regulators respond to several rail accidents involving crude.
Categories: Accidents, Environment
Minority Democrats outlined their proposal for changes to Alaska's oil tax structure should a referendum on the current system be approved later this year, on Monday, Feb. 24, 2014, in Juneau, Alaska. Pictured are, from left, Rep. Les Gara and Sens. Hollis French and Bill Wielechowski. All three are from Anchorage. (AP Photo/Becky Bohrer)

Alaska’s minority Democrats unveil oil tax plan

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Minority Democrats in the Legislature on Monday unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year.
Categories: Arctic, Politics/Policy