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.”

Yellow oil barrels

Oil back above $100 on China data, OPEC outlook

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Benchmark U.S. crude for March delivery rose 43 cents to $100.37 a barrel.
NRG Energy says a proposal for a new transmission line into the Houston area is based on flawed data.  (AP Photo/Mark Duncan, File)

Texas pushing to trim power use, diversify resources

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The Lone Star State’s reputation as an energy leader may be pegged to the oil flowing out of its fields, but it also is taking a leading role diversifying its portfolio, the head of the Texas conservation office told lawmakers on Wednesday.

(Kamil Porembinski/Flickr)

Worker remains missing as Chevron well continues to burn

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State environmental officials and expert firefighters brought in by Chevron have been continuing to monitor a burning Marcellus Shale natural gas well in Pennsylvania. One worker still is unaccounted for.
Categories: Accidents, Natural gas
BPsign

BP’s multibillion-dollar sell-off enters new phase

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Even after selling off $38 billion in assets to slim down in the face of oil spill costs, BP could make trimming its balance sheet a habit.
(AP Photo/Dirk Lammers, File)

Report: Ethanol’s role could diminish as biofuels grow

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Biofuels consumption will increase by more than 57 percent over the next decade, but the proportion that comes from ethanol is likely to decline, according to new projections from market research firm Navigant Research.
Categories: Environment, Gasoline
Photo:  www.salon.com

Can a “Wall-Streeter” trade their suit and tie for a pair of coveralls?

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I’ve always felt that the expression “career path” is a misnomer: it implies that your way forward is clear from the get-go, and all you have to do is cross certain milestones before eventually making it to the top.
Of course, that’s not reality. Many people try out different things before settling on one track or area of specialization, and I can’t think of one fellow professional that will say their career has progressed without a single setback. In this column, I offer some advice to a professional looking to do a career “reset” from a position in finance; I hope that this column is helpful even if you’re planning a reset from any other industry!
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Keystone comments rushing in to State Dept.

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Members of the public have filed more than 3,500 comments voicing their opinions on Keystone XL, just a week after the feds — once again — solicited input on the controversial pipeline.