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

on
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

on
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

on
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.”

Oil prices pulled back Wednesday after reaching highs for 2015 on Tuesday.

Oil nears $103 on winter demand, supply concerns

on
The price of oil extended gains to near $103 a barrel Wednesday, driven by severe winter weather in the U.S. and supply concerns.
Categories: Crude oil, Markets
(AP Photo/Pizza Hut)

Report: Chevron offered pizza coupons to residents near well explosion

on
Chevron offered coupons for pizza and soda to residents of a Pennsylvania community in the aftermath of a well explosion last week, the Philadelphia Daily News reports.

A Sanchez Energy well in the Eagle Ford Shale. (Sanchez Energy)

Sanchez Energy shares drop after watery well report

on
An Eagle Ford well yielded more water than oil.
Categories: Eagle Ford
Anadarko driller Brazil

Anadarko deal boosts investor confidence in face of large liabilities

on
Anadarko Petroleum’s deal to sell its stake in a Chinese offshore oil field should ease investors’ fears about environmental liabilities that could reach billions of dollars, analysts said Tuesday.
Categories: Crude oil, Deals, Environment
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

Diamondback buys acreage in Permian

on
Diamondback Energy, Inc. has paid $174 million for a stake in 6,450 acres of leasehold interest in the Permian Basin that it believes could be a contender for horizontal drilling, the company announced Tuesday.
Categories: Deals
Part of the containment vessel for a new nuclear reactor at the Vogtle nuclear power plant under construction in Augusta, Ga. (AP Photo/John Bazemore, File)

Energy Department expected to OK nuclear plant loan

on
The Vogtle nuclear plant is now under construction in eastern Georgia.
Categories: Nuclear
Coal ash is scooped up on a canoe paddle from the bank of the Dan River as state and federal environmental officials continued their investigations of a spill of coal ash in Eden, N.C. (AP Photo/Gerry Broome)

Toxins leaking from 2nd pipe at coal ash dump

on
Duke Energy had downplayed concerns water in the pipe is contaminated.
Categories: Environment