Fuel Fix

Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron to develop West African field

Chevron Corp. said Monday that it will lead a deepwater drilling project off the west African coast.  More »

Shell betting on gas price rebound, new demand

CEO Peter Voser forecasts U.S. energy independence could be just 20 years away.  More »
(Photo: BFS Man)

Weakness exposed in Calif. electricity trading

A big electricity trader may have figured out a way to exploit vulnerabilities in the state’s $8 billion-a-year electricity market, just as Enron Corp. did a decade ago, state officials said.  More »
Sleeping quarters aboard the Perdido, operated by Shell Oil Co., and owned buy Shell, Chevron and BP. The platform is located in the Gulf of Mexico, 200 miles south of Galveston, Texas. (AP Photo/Jon Fahey)

Gulf of Mexico deep-water rigs likely to reach record by 2014

The offshore rig count in the Gulf of Mexico is nearing its pre-Macondo level and is expect to grow another 50 percent by 2014, one of the most visible indicators of the Gulf drilling revival, according a Monday research note by Barclays Equity Research.  More »
A soft coral species taken from the Chukchi Sea near an area where Shell plans exploratory drilling. The coral was documented by Greenpeace activists and scientists in the area. (Photo: Jiri Rezac/Greenpeace)

Environmentalists spy coral near Shell Arctic drill site

Environmental activists have documented thick accumulations of soft coral in the Chukchi Sea near an area where Shell plans exploratory oil drilling.  More »
(AP file photo/Courtesy of Mary Sage, Joseph Napaaqtuq Sage)

Climate-change skeptic becomes clime-change believer

University of California at Berkeley professor Richard A. Muller long questioned the existence of global warming, but Muller say he is now a “converted skeptic.”  More »
(Photo: Flickr, Caston_Corporate)

CB&I makes deal to buy Shaw Group

Engineering and construction firm Chicago Bridge & Iron Co. has agreed to buy another industry player in a $3 billion cash and stock deal that will create one of the largest firms of its kind, executives announced Monday.  More »

Eagle Ford a contender for top U.S. play

Highly productive wells and the vast size of the Eagle Ford Shale are combining to make the South Texas shale play a contender for being the nation’s best, according to a new report.  More »
(AP photo)

Among top-paid, it’s still a man’s world

It’s not as much of an old boys’ network as it used to be. But the wingtips still outnumber the high heels.  More »
OLD DO NOT USE  Jim Mulva, CEO of ConocoPhillips, talks with reporters in Houston. (Photo: Melissa Phillip, Houston Chronicle)

Pay swells for top bosses

The numbers might make even Jeremy Lin envious: Ten Houston-area business executives last year received compensation packages worth a combined $215 million.  More »
OLD DO NOT USE  ConocoPhillips Chairman and Chief Executive Officer Jim Mulva speaks Thursday, April 7, 2011, at a breakfast meeting sponsored by the Make Alaska Competitive Coalition and the Resource Development Council in Anchorage, Alaska. (AP file photo/Dan Joling)

Steffy: As some executives say goodbye, their compensation jumps

This may be the last time we see some of the most familiar names on Houston’s annual parade of highest-paid executives.  More »
(Image: Fotolia)

Top executives based on total compensation

See the top executives based on total compensation.  More »