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.”

A boat passes a refinery standing along the Houston Ship Channel.  (Scott Dalton/Bloomberg)

Houston port’s $35B blitz led by energy investments (photos)

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As record oil and gas output floods the country with cheap and abundant energy and brings the U.S. closer to energy independence, the bulk of the fuels get squeezed through Houston, the country’s largest export gateway and the core of its biggest refining region.
Categories: featured, Markets, Refining
Attendees arrive at the winter NAPE Expo earlier this year. The summer show is under way this week at the George R. Brown Convention Center .   (Mayra Beltran / Houston Chronicle)

Expo draws oil players large and small in changing market (photos)

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Energy executives from across the country gather in Houston every winter to haggle over North American oil land and offshore projects in the Gulf of Mexico.
Categories: Deals, Premium

(fotolia)

Low on natural gas, California told to power down

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With a move that usually comes in the height of summer when temperatures are soaring and air conditioners blasting, Californians were urged to voluntarily cut their electricity use after frigid weather across the U.S. and Canada caused a shortage of natural gas at Southern California power plants.
Categories: Electricity, Natural gas
Activists engage in civil disobedience Wednesday, February 13, 2013 at the White House in Washington, D.C., in hopes of pressuring President Barack Obama to reject the Keystone XL oil sands pipeline. (Olivier Douliery/Abaca Press)

Keystone XL pipeline records sought in Sierra Club suit

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Keystone XL pipeline records are being sought by the Sierra Club in a lawsuit claiming the U.S. Army Corps of Engineers has to make public documents related to its review of TransCanada Corp. (TRP)’s project.
(Image: Fotolia)

Crude oil slightly down ahead of US jobs report

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The price of oil fell slightly Friday as market players readied for the release of a crucial U.S. jobs report.
Categories: Crude oil, Markets
(Mr. T in DC/Flickr)

Cold weather prompts call for power conservation in Texas

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The state’s main grid operator is asking consumers to reduce electricity use to ensure adequate power as temperatures fall overnight.
Categories: Electricity, featured
(AP file photo/Paul Sakuma)

GE Oil & Gas adding jobs at Texas facility

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GE Oil & Gas Inc. will invest $8 million and add 175 jobs at its manufacturing facility, which manufactures equipment used in the production of natural gas.
Categories: Natural gas, Workforce