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.”

(James Nielsen/Houston Chronicle)

Pennsylvania settles Halliburton case for $1.8 million

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The state said Halliburton’s Homer City facility stored, treated and transported hydrochloric acid without obtaining proper permits between 1999 and 2011.
Categories: Environment
Duke Energy employees work on power lines in Charlotte, N.C.  AP Photo/Chuck Burton, File)

Duke earnings rise 58 percent in 4th quarter

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Duke Energy Corp., based in Charlotte, N.C., is the nation’s largest electric utility.
Categories: General

(StockMonkeys.com/Flickr)

Why rising gasoline taxes worry the fuel sector

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A growing number of drivers are paying higher prices at the pump, as lawmakers across the country continue to view gasoline taxes as a handy way to pay for highway projects.
Categories: featured, Gasoline, Premium
(Cody Duty / Houston Chronicle)

Speculators bullish on US oil as Keystone’s southern leg eases glut

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Hedge funds became the most bullish on U.S. crude oil in more than five months as a new pipeline from Oklahoma to Gulf Coast refineries eased a supply bottleneck, driving prices above $100 a barrel.
Categories: Crude oil, Keystone XL
North Pole Refinery (Photo: Flint Hills Resources)

Governor defends actions for oil refinery’s future

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Gov. Sean Parnell said critics of his administration’s actions in a North Pole oil refinery’s impending closure don’t see behind-the-scenes work that could keep the refinery operating.
Categories: Arctic, Refining
Fleet vehicles, like this Waste Management truck, remain a more promising market for natural gas fuel than private cars. (AP Photo/Gene J. Puskar)

Obama to talk up benefits of fuel-efficient trucks

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President Barack Obama says having a more fuel-efficient truck fleet will boost the economy and help combat climate change.
(Photo: Anadarko)

Anadarko to sell Chinese unit for $1.1 billion

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Anadarko Petroleum said late Monday it reached a deal to sell its Chinese subsidiary.
Categories: Asia, Deals