Fuel Fix

Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

Take a look at the scale models from OTC 2015

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Categories: featured, OTC
The Offshore Technology Conference is big, but not big enough to hold some of the biggest tech in the world. That’s where these hyper-detailed scale models come in.
Houston's success hosting the annual Offshore Technology Conference is one of the selling points boosters are using in hopes of attracting the 2017 World Petroleum Congress.

Global guests descend on OTC 2015

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Categories: featured, OTC

Take a look at the scale models from OTC 2015

on
Categories: featured, OTC
Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )
The Offshore Technology Conference is big, but not big enough to hold some of the biggest tech in the world. That’s where these hyper-detailed scale models come in.
Houston's success hosting the annual Offshore Technology Conference is one of the selling points boosters are using in hopes of attracting the 2017 World Petroleum Congress.

Global guests descend on OTC 2015

on
The Offshore Technology Conference is a truly international event, drawing visitors from more than 130 countries.
Categories: featured, OTC

Drew to testify on JPMorgan trading loss

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Ex-chief investment officer and bank’s current and former executives will appear before Senate permanent subcommittee on investigations
Categories: Uncategorized

Citigroup risk chief at odds with dealers

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Head of risk at Citigroup puts himself at odds with Wall Street dealers after calling for derivatives to move to exchange trading
Categories: Uncategorized

Big banks fail to capture Asia growth

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FT analysis finds only HSBC and StanChart have grown profits from corporate and investment banking consistently in Asia over the past three years
Categories: Uncategorized

Google’s head of Android to take new role

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Google announced on Wednesday that Andy Rubin would step down as its senior vice-president of mobile to take on an unspecified new role at the company
Categories: Uncategorized
A boat is surrounded by oil near the site of the Deepwater Horizon accident in June 2010. (Smiley N. Pool / Houston Chronicle)

Worker: Rig was bustling before BP well blowout

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Choking back tears on the witness stand, Deepwater Horizon rig worker Joseph Keith said he doesn’t have any regrets about his actions the night of the explosion. He said a flurry of activity on the rig hindered his ability to monitor BP’s well for signs of trouble before the fatal explosion.
Categories: Accidents, Legal issues

Heavy lift needed to close US tax loophole

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Carried Interest Fairness Act faces opposition from Republicans, but also from Senate Democrats, especially those with large financial industries
Categories: Uncategorized

Chevron challenges Argentina over YPF

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US company’s stance is a blow to Argentine government’s hopes of forming a partnership with a leading oil company to help develop vast shale reserves
Categories: Uncategorized
(Thomas Shea photo)

Houston firm considers new pipeline for Gulf Coast petrochemical plants

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Enterprise Products Partners, a Houston-based natural gas and crude oil pipeline firm, is looking at development of a new 270-mile pipeline to deliver ethane to Gulf Coast petrochemical plants.
API

API mounts new campaign against oil industry taxes (video)

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The oil and gas industry’s biggest trade group is launching two new commercials, billed as “unscripted,” man-on-the-street style interviews with real people who argue that average Americans will be negatively impacted by higher taxes on the oil industry. Watch the commercials here.
Categories: Politics/Policy

Kuroda urged to plan for BoJ board games

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New governor will need to build consensus as he seeks to implement Shinzo Abe’s pledge to pull the world’s third-largest economy out of deflation
Categories: Uncategorized
(AP Photo/Evan Vucci)

Commentary: Battle lines forming on carbon tax

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For a political non-starter, a carbon tax is generating an awful lot of activity on Capitol Hill. Texas Reps. Joe Barton and Jeb Hensarling will headline a press conference Wednesday slamming the idea.
Categories: Environment, General
In a presentation on its 2040 energy outlook, Exxon Mobil shows rapid growth in global economic prosperity, a trend that will drive a boom in energy demand, the oil giant forecasts. (Johnny Hanson/Houston Chronicle)

U.S. poised to become net energy exporter, Exxon Mobil forecasts

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The U.S. could become a net exporter of energy by 2025, said William Colton, Exxon Mobil vice president of corporate strategic planning.The economic benefits of domestic oil and gas production are the equivalent of a $600 billion stimulant package for the U.S. economy, he added.
Categories: General

US retail sales record healthy growth

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Consumers showed surprising resilience in the face of higher taxes, as figures for February – up 1.1.% – recorded their largest rise since September
Categories: Uncategorized

Drumbeat: March 13, 2013

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US oil boom ‘protects world from supply shocks’
LONDON — SOARING US oil production should be enough to allow consumers withstand most potential supply shocks, the International Energy Agency (IEA) said on Wednesday, as it cut estimates for global oil…
Categories: Uncategorized

Xi’s wife to play role in charm offensive

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Peng Liyuan, a famous Chinese folk singer, will have her own speaking engagement when she accompanies her husband to South Africa for a Brics summit
Categories: Uncategorized