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
A electric pumping unit removes crude oil from a  well outside South Heart, North Dakota. (Daniel Acker/Bloomberg)

Chronicle investigation: Peril in the oil patch

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The drilling boom in Texas’ oil and natural gas fields has brought jobs and prosperity, but extracted a bloody human toll.
Categories: Accidents
General Electric Co. CEO Jeff Immelt (right) waits for the start of the company's annual shareholders meeting in Erie, Pa. in 2008. (AP Photo/Tony Dejak, file)

GE to funnel billions into oil field technology

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GE on Monday announced it was boosting its spending on projects to harness the power of carbon dioxide and natural gas in the oilfield.
Categories: Natural gas
Chesapeake Energy Corp. CEO Aubrey McClendon speaks during the opening of a compressed natural gas filling station in Oklahoma City in 2009. (AP Photo, File)

McClendon collects $680M to buy shale acreage in Oklahoma

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Aubrey McClendon’s new oil and gas venture wants to buy a sizable chunk of oil land in northern Oklahoma to supplement its large position in Ohio.
Categories: Crude oil, Deals
Cheniere Energy plans is adding LNG export capacity to the existing Sabine Pass import terminal in Louisiana. (Cheniere Energy Inc./Bloomberg)

Houston-area company lastest to seek approval to build LNG export facility

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Excelerate Energy, based in The Woodlands, is the latest in a long line of companies looking to cash on the natural gas boom via an LNG export facility.
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

Oil rises, but natural gas sinks in volatile trade

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Natural gas futures one point neared $6.50 per 1,000 cubic feet before dropping to to $5.45.
Rich Kinder of Kinder Morgan Energy Partners in control room at office at Company's offices. (Photo: Carlos Antonio Rios, Houston Chronicle)

Kinder Morgan shares fall amid cash flow questions

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Chairman and Chief Executive Officer Rich Kinder purchased 199,165 shares of Kinder Morgan Inc. Monday.
Categories: General
(AP Photo/Lynne Sladky)

One gas well sealed after fatal blast in Pennsylvania

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The well caught fire Feb. 11.
Categories: Natural gas