Fuel Fix

Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

ConocoPhillips to cut 10 percent of global workforce

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ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.

ConocoPhillips to cut 10 percent of global workforce

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Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)
ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.
permian basin

W&T Offshore to sell Permian assets for $376 million

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W&T Offshore has agreed to sell its stake in a West Texas oil field to a private equity start-up company for $376 million, the latest oil deal geared toward supporting a seller’s financial books amid cheap oil prices.
Categories: Crude oil, Deals, featured, Texas
TransCanada CEO Russ Girling talks about the future and present of the company's pipeline before an event at Ford Park in Beaumont on Wednesday.  (Guiseppe Barranco/@spotnewsshooter)

Canadian crude now moving through Keystone XL’s southern leg

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The Keystone XL southern leg has delivered its first barrels of Canadian oil to the Texas coast, even though the project still lacks its planned northern leg into Canada, TransCanada’s CEO said in an interview.
Enrique Pena Nieto, Mexico's president, speaks in Mexico City in August 2013. (Susana Gonzalez/Bloomberg)

Investment rules could help guide Mexico energy overhaul

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A new study says rules passed two years ago to encourage investment in Mexican infrastructure also will provide guidance as the nation’s energy sector undergoes sweeping changes.
Categories: Latin America
Hilton Kelley, head of the Port Arthur, Texas Community In-Power and Development Association, warns that refinery communities could see more medical ailments if they process more oil sands crude from Canada at a news conference on Capitol Hill. (Jennifer A. Dlouhy).

Keystone foes shift focus to health

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Sen. Barbara Boxer on Wednesday sought to shift the heated debate over Keystone XL from climate change to the public health effects of processing the oil sands it would transport from Canada to Gulf Coast refineries.
Categories: Keystone XL
An employee of SunPower Corp. checks assembled solar panels at the SunPower Corp. module manufacturing plant at Flextronics in Milpitas, California. (David Paul Morris/Bloomberg)

Solar set for record global expansion in 2014, led by China

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Solar developers around the world will install record capacity this year as a thriving Chinese market drives growth.
Categories: Asia, Solar
National Governor's Association Vice Chair Colorado Gov. John Hickenlooper participates in a special session on jobs in America during the National Governor's Association Winter Meeting in Washington, Sunday, Feb. 23, 2014. (AP Photo/Cliff Owen)

Colorado governor touts air pollution rules

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Colorado Gov. John Hickenlooper is touting the state’s new air pollution curbs on the oil and gas industry — but he insists that local efforts to curb drilling run afoul of constitutional property rights.
Categories: Environment
Photo:  www.accessmba.com

Where should a Young Professional in oil & gas apply to business school?

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Today, I help a reader who has decided to make the leap to business school, but is apprehensive about where to apply.
Gas station employee changes the price in California. (Paul Sakuma/Associated Press)

California gas tax drops but pump price may not

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A California agency voted Tuesday to reduce a gasoline tax by 3.5 cents per gallon — but that doesn’t mean consumers will see a dip at the pump.