Fuel Fix

OTC 2013

Technip to lay off 6,000 workers

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The Paris-based firm, which has its main U.S. offices in Houston, said Monday the move will save it $919 million over the next two and a half years, with the bulk of those savings coming in 2016.

Technip to lay off 6,000 workers

on
OTC 2013
The Paris-based firm, which has its main U.S. offices in Houston, said Monday the move will save it $919 million over the next two and a half years, with the bulk of those savings coming in 2016.
A Linn Energy relief driller loads drill rods onto a rig in Indiana, Pennsylvania in the Appalachian Basin. (AP file photo/Andrew Rush)

Linn Energy sells Permian assets, finalizes $1.5 billion in equity deals

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The assets include 6,400 net acres northeast of Midland for prospective horizontal drilling in the Wolfcamp area of the Permian. The deal also includes existing production from 133 wells in the area.

(Image: Fotolia)

Oil gains; natural gas soars, then falls back

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Natural gas rocketed to a four-year high before plunging back near $5 per 1,000 cubic feet
(Photo: Zach Heller Photography)

Report: Fracking colliding with other water uses during drought

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Hydraulic fracturing is competing for water in some of the driest regions of the U.S., including the Eagle Ford Shale in South Texas, according to a research paper released today by the nonprofit Ceres.

North Pole Refinery (Photo: Flint Hills Resources)

Flint Hills says North Pole Refinery will close

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Flint Hills Resources announced Tuesday that it will close its North Pole refinery, shuttering a major employer in the Fairbanks area and eliminating a local source of gasoline, jet fuel, heating fuel and other petroleum products.
Categories: Arctic, Refining, Workforce
Former Interior Secretary Ken Salazar addresses the winter North American Prospect Expo at the George R. Brown Convention Center on Wednesday, Feb. 5, 2014, in Houston. ( Mayra Beltran / Houston Chronicle )

Former Obama official: Fracking has never been an environmental problem

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Former U.S. Secretary of Interior Ken Salazar said Wednesday morning that he believes hydraulic fracturing is safe, and the energy industry should work to convince the public that it doesn’t pose a safety threat.
(Nick De La Torre / Houston Chronicle)

LNG export fans form new coalition

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Oil industry and business groups have formed a new coalition to make the case for expanded exports of American natural gas.
Categories: LNG
Photo:  www.csuchico.edu

Being strategic in attending industry events to build your network in oil & gas

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Of course, in networking having a strategy is mandatory, and career fairs and industry events should factor into that strategy. Which one of these particular events you attend also requires considerable thought: you only have so much time and money after all!
A sea of stacks, pipes and storage tanks are amassed along the Houston ship channel in Houston. (AP Photo/Pat Sullivan, File)

EPA shifts greenhouse gas permitting to Texas

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The U.S. Environmental Protection Agency gave Texas authority over greenhouse gas permitting on Tuesday, ending a long, often bitter battle between the federal agency and the state.
Categories: Environment