Fuel Fix


Lance: ConocoPhillips pursues deepwater potential as independent E&P

This is a special week for ConocoPhillips. We reached an important milestone in the company’s history with our formal emergence as a leading independent energy company exclusively focused on global exploration and production – even as we congratulate The Offshore Technology Conference on its 44 years of invaluable contributions to our industry.  More »
Sen. David Vitter, R-La., discusses offshore drilling with James Watson, the director of the Bureau of Safety and Environmental Enforcement. (Photo courtesy Vitter's office)

Regulator’s philosophy: Safety at all levels all the time

Retired Coast Guard Rear Adm. James Watson became director of the Bureau of Safety and Environmental Enforcement last year, taking over the job from Michael Bromwich.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Drillers may frack first, disclose later under draft plan

Natural-gas companies drilling on U.S. land would be permitted to wait until after hydraulic fracturing is completed to disclose what chemicals they used, under a draft rule being considered by the U.S. Interior Department.  More »
A natural gas well in the  Greater Natural Buttes (Photo: Anadarko)

Anadarko fights ailing preacher in $25 billion EPA toxic lawsuit

Reverend Steven Jamison recalls the February day 13 years ago when he was digging ditches to replace culverts at his Maranatha Faith Center in Columbus, Mississippi. As he switched from a shovel to an excavator, an oily black substance began to fill the trench. It smelled like turpentine, and the deeper he dug, the more he saw, Bloomberg Markets magazine reports in its June issue.  More »
(Photo: Fotolia)

Oil hovers below $105 in light May Day trading

Oil prices hovered below $105 a barrel today in Asia for a second day amid light trading volume because of the May Day holiday.  More »
Shell's new Perdido oil and natural gas platform in the Gulf of Mexico.  ( Melissa Phillip / Houston Chronicle )

Deeper conversation draws attention at OTC

For years the offshore industry’s pursuit of oil has pushed drillers farther into the deep, bringing heavy machinery and remote-operated vehicles into some of the most alien reaches of the globe.  More »

Attendee says OTC is about networking, client building

Gagan Sinha of Viga Trade Solutions talked to The Chronicle about attending OTC. Edited excerpts follow:  More »
(Photo: Patricia Santos, Associated Press)

Brazil will funnel $400 billion into oil and gas activity

Magda Chambriard, Brazil’s chief oil regulator, said investing in the development of the nation’s deepwater oil will boost the economy.  More »
Anadarko headquarters in  The Woodlands.

Anadarko net income climbs on oil prices, Algeria settlement

The company announced on March 9 it had reached an Algerian tax settlement that would increase revenue by $1.8 billion over 12 months.  More »
Delta Airlines Refinery.JPEG-02d05

Delta buys a refinery in bid to cut its fuel bill

Delta estimates the deal will cut its fuel bill by $300 million a year.  More »
(Photo: Getty Images)

Wind could power offshore platforms

Wind power could be an economic solution for fueling offshore oil and gas platforms. At least, it’s an idea being batted around for rigs in Norway.  More »
Easy listening? The trick is turning safety discussions into practice (Brett Coomer/Houston Chronicle)

Talk of safety is everywhere, but will it translate into practice?

Safety – or at least the talk of it – seems to be everywhere at the Offshore Technology Conference.  More »

Looney: BP working to prevent another Deepwater Horizon

We at BP have just marked the second anniversary of the Deepwater Horizon accident, where 11 men lost their lives and dozens more were injured. It was an accident none of us will ever forget and one we are working tirelessly to help prevent from happening again.  More »

OTC winner: System keeps an eye for corrosion at 12,000 feet

Norway-based ClampOn AS perfected its system for monitoring pipe corrosion and erosion about five years ago. But making that technology work in as much as 12,000 feet of water proved a bigger challenge.  More »
Phil McNabb of Oceaneering International showing the WASP Atmospheric Diving System  during the Offshore Technology Conference at Reliant Center on Monday, May 6, 2002. The one-man submersible can go to a depth of 2300 feet(Melissa Phillip/Chronicle)

See what was the biggest surprise for one OTC attendee

Imran Tipu of ADCO UAE, which explores and products onshore and the coastal waters of Abu Dhabi, talked to The Chronicle about attending the conference. Here is what he said:  More »