Fuel Fix

Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

Take a look at the scale models from OTC 2015

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Categories: featured, OTC
The Offshore Technology Conference is big, but not big enough to hold some of the biggest tech in the world. That’s where these hyper-detailed scale models come in.
Houston's success hosting the annual Offshore Technology Conference is one of the selling points boosters are using in hopes of attracting the 2017 World Petroleum Congress.

Global guests descend on OTC 2015

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Categories: featured, OTC

Take a look at the scale models from OTC 2015

on
Categories: featured, OTC
Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )
The Offshore Technology Conference is big, but not big enough to hold some of the biggest tech in the world. That’s where these hyper-detailed scale models come in.
Houston's success hosting the annual Offshore Technology Conference is one of the selling points boosters are using in hopes of attracting the 2017 World Petroleum Congress.

Global guests descend on OTC 2015

on
The Offshore Technology Conference is a truly international event, drawing visitors from more than 130 countries.
Categories: featured, OTC
Escalating political tensions that led to across-the-board federal budget cuts are putting a drag on the benefits of the oil and gas boom, CERAWeek panelists said. (Nick de la Torre/Houston Chronicle)

Energy helps, but politics slows the economic roll

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The oil and gas boom is creating jobs, but the stalemate that led to federal spending cuts will hurt the economy, CERAWeek panelists said.
Categories: CERAWeek

Wen issues China growth warning

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Country’s outgoing premier Wen Jiabao warns in ‘state of the union’ speech the government’s economic growth target of 7.5% in 2013 will be ‘hard to attain’
Categories: Uncategorized

China boosts defence spending by 10.7%

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China has announced a double-digit increase in defence spending as territorial disputes with some of its neighbours add to regional tensions
Categories: Uncategorized
Shell plans to make a big move into supplying liquefied natural gas for transportation, including trains like this experimental  Canadian National Railway natural gas locomotive and fuel tank. (Canadian National Railway photo)

Shell to push natural gas for trains, vehicles

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Royal Dutch Shell will announce plans Tuesday for two new plants it says will double the nation’s supply of liquefied natural gas.
Categories: LNG, Transportation

Chávez hit by ‘severe’ respiratory illness

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The Venezuelan president is suffering from a new respiratory infection as he struggles to recover from cancer surgery, a government official says
Categories: Uncategorized

Heinz chief could be entitled to $56m deal

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Warren Buffett’s Berkshire Hathaway and private equity firm 3G Capital announced last month they would take the company private in a $28bn deal
Categories: Uncategorized
A billboard in upstate New York erected by documentary filmmaker Phelim McAleer, whose pro-fracking film, FrackNation, counters what he calls misleading information from Hollywood celebrities and environmental activists. (Adam Hunger / AP Images for Hard Boiled Films, LLC)

‘Promised Land’ a bomb, at least on Twitter

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Oil and natural gas industry leaders seemed terrified before “Promised Land” last December. But that fear was misplaced, said Chris Hansen, the director of social media analytics at IHS.
Categories: CERAWeek
IHS CeraWeek 2013 attendees find their seats for the opening session of the CERAWeek energy conference in Houston. (Nick de la Torre/Houston Chronicle)

Chemical industry surging on U.S. gas

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The North American chemical industry is rebounding from last decade’s economic declines as a surge in natural gas drilling means more raw materials are available at relatively low prices, energy analysts told IHS CERAWeek on Monday.

Alwaleed challenges Forbes over his billions

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Publisher of the annual rich list ranks the prince as the world’s 26th richest individual, with a net worth calculation of $20bn, which the Saudi investor says is flawed
Categories: Uncategorized
hessstation-600x367

Hess agrees to replace some directors amid investor pressure

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Investors led by Elliott Associates have accused chief executive John Hess of stacking the board with cronies, some of whom had served as directors for almost three decades.
Categories: Refining
Photo: Flickr.com/sskennel

Reporters flood week-long energy conference

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Scores of reporters from as far as China are joining the crowds of executives and analysts as IHS CERAWeek gets underway in Houston.
Categories: CERAWeek
Money Roll

Senator’s natural gas vehicle bill would have benefited top donor

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Sen. Robert Menendez of New Jersey sponsored failed legislation that would have boosted tax credits and grants for vehicle fleets that converted to alternative fuels, a business investment of his biggest political donor.

Wall Street stages late rebound

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Chinese developers lead decline after the country’s service sector expands at the slowest pace in five months and mortgage rules are tightened
Categories: Uncategorized

Boeing defends refusal to abandon 787 battery

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Commercial aircraft chief says company is ‘comfortable’ with controversial lithium-ion batteries, despite overheating incidents that grounded fleet
Categories: Uncategorized
Construction at Chevron Phillips Chemical's Cedar Bayou 1-Hexene plant in Baytown will will be completed in early 2014. The expansion there and at other Chevron Phillips plants along the Gulf coast was prompted by low natural gas prices. (Chevron Phillips)

Houston ranks No. 1 for corporate growth

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The Houston area had more corporate expansion projects last year than any other large city in the country, according to a new report from Site Selection magazine.