Fuel Fix

Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

ConocoPhillips to cut 10 percent of global workforce

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ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.

ConocoPhillips to cut 10 percent of global workforce

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Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)
ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.
permian basin

W&T Offshore to sell Permian assets for $376 million

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W&T Offshore has agreed to sell its stake in a West Texas oil field to a private equity start-up company for $376 million, the latest oil deal geared toward supporting a seller’s financial books amid cheap oil prices.
Categories: Crude oil, Deals, featured, Texas
(Krisztian Bocsi/Bloomberg)

Green push blows away German coal-power profits

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German Chancellor Angela Merkel’s campaign to limit climate change with an energy system based on renewable sources is cutting into profits of companies that still provide 57 percent of the power that keeps Europe’s biggest economy humming.
Categories: Coal, Environment, Europe
Sen. Lisa Murkowski, R-Alaska (AP Photo/Chris Miller)

Senator: Energy technology needed to combat climate change

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The U.S. has made progress at addressing climate change, but additional technologies are needed to promote the use of abundant energy resources while combating emissions, Sen. Lisa Murkowski, R-Alaska.
Categories: Crude oil, Environment
An electricity utility tower in Underwood, North Dakota. (Daniel Acker/Bloomberg)

Power-grid attack fuels debate over threat of snipers vs. hackers

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U.S. energy regulators’ efforts to harden the power grid against snipers and terrorists are fueling a debate over whether they’re diverting resources from other threats, like cyber attacks.
(AP file photo/Paul Sakuma)

Shell to slash oil field spending, jobs in the Americas

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Shell will slash spending and staff in its oil and gas field operations in the Americas, CEO Ben van Beurden told investors Thursday, largely in response to disappointing results in U.S. shale plays.
A paleontologist cleans a cervical piece from a teropoudus discovered at an Exxon Mobil natural gas operation in Argentina. (Exxon Mobil)

Looking for shale gas, they found Godzilla’s nemesis (photos)

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An Exxon Mobil shale gas project in Argentina had to be diverted when a road construction crew struck dinosaur bones of titanic size.
Kurt Mix arrives at the Hale Boggs Federal Building in New Orleans in December 2013. (AP Photo/Jonathan Bachman)

Hearing starts in ex-BP engineer’s obstruction case

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The judge gave no indication when he would rule.
Categories: Gulf oil spill
(Bob Owen/San Antonio Express-News)

Crude oil shipments up 83 percent on US railroads

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The number of carloads of crude oil U.S. railroads delivered last year surged 83 percent over 2012 as concerns about the shipments grow.
Categories: Rail