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.”

(shankool007/Flickr)

Executives hail project agreement as significant

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Executives from the North Slope’s major oil and gas companies on Wednesday hailed an agreement with the state as a major step forward in pursuing a major liquefied natural gas project.
Categories: Arctic, LNG
Demonstrators hold hands while surrounding the White House during a Keystone XL tar sands oil pipeline protest in Washington, D.C. (Andrew Harrer/Bloomberg)

Police cite 29 protesters in Keystone demonstration

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Authorities in San Francisco have cited more than two-dozen demonstrators for blocking entrances to the Federal Building in protest of the proposed Keystone XL oil pipeline.
Categories: Environment, Keystone XL

(AP Photo/Brennan Linsley)

Noble Energy earnings drop despite growing sales

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Noble Energy Inc. said its fourth-quarter earnings fell 47 percent on higher exploration costs.
(Sascha Burkard)

US electricity demand rose in 2013, boosting emissions

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Total U.S. electricity demand increased 1.4 percent last year, the first gain since 2010 and reversing long-term trends in the energy industry, according to a new report.
Categories: Electricity
(Image: Fotolia)

Oil, natural gas extend gains on US winter storm

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The prices of oil extended gains to near $98 a barrel on Thursday as a winter storm that slammed the U.S. raised expectations for higher energy demand and amid signs of weak supply growth.
Categories: Crude oil, Markets
About 60-70 environmental activists gather at the Mickey Leland Federal Building, 1919 Smith Street, for a candlelight vigil urging President Obama to reject the Keystone XL pipeline. A State Department environmental impact statement issued Friday said the pipeline, which would carry oil from Canadian oil sands to Gulf Cost refineries, would not increase carbon emissions because the oil will be extracted and transported by some method with or without the pipeline. Contact is spokeswoman for Houstonians Against Tar Sands Coalition Stephanie Thomas. Photo would be for FuelFix on Tuesday, possible print Wednesday or later.
ID: Dennis Euell, Erin Euell and Jim Williams pass around and sign a petition against the Keystone Pipeline.  
2/03/14 (Craig H. Hartley/For the Chronicle)

Keystone XL protesters hold vigil in downtown Houston

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Dozens of environmental activists demonstrated at the Federal Building in downtown Houston Monday evening, calling on President Barack Obama to reject the controversial Keystone XL pipeline.
Categories: Environment, Keystone XL
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BNSF to invest $5 billion in its railroad in 2014

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Some projects should help alleviate congestion near the booming Bakken oil field.
Categories: Rail