Fuel Fix

(Photo: JOHN DAVENPORT/SAN ANTONIO EXPRESS-NEWS)

Statoil says airport strike could affect production, drilling

Statoil ASA (STL), Norway’s biggest oil producer, said a strike of security personnel at airports that is grounding helicopters may start affecting offshore production and drilling next week.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Chesapeake directors resign after shareholder rejection

Chesapeake Energy Corp. shareholders rebuked the company’s board by withholding support for two directors up for re-election at Friday’s annual meeting. Both directors have tendered their resignation.  More »
Workers join sections of pipe on a Trinidad Drilling rig leased by Chesapeake Energy north of Douglas, Wyo. Photo: Alan Rogers / Copyright 2012 CASPER STAR-TRIBUNE

Follow the Chesapeake Energy shareholder’s meeting live

Shareholders of Chesapeake Energy Corp., who have seen the value of their shares fall 40 percent over the last year, will gather today for their annual meeting at the Oklahoma City campus of the debt-heavy gas producer.  More »
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Greenpeace releases behind the scenes look at fake Shell Oil video

Shell Oil didn’t have the week that they expected.  More »
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Shell recruits train for Arctic oil spill

Against the backdrop of Alaska’s snow-topped Chugach Mountains and in the same waters that were spoiled by the Exxon Valdez oil spill more than two decades ago, Shell is training recruits in skills it hopes they never have to use.  More »
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Chesapeake to sell pipeline assets for more than $4 billion

Chesapeake Energy Corp. said today plans to sell its pipeline business for more than $4 billion.  More »
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UH working to develop “smart” cement

A University of Houston civil engineering researcher has received a $2.6 million grant to develop a new type of “smart” cement that could make offshore drilling safer.  More »
Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Drilling activity trending down

Texas oil and gas producers in April began to curtail drilling as falling crude oil prices fed anxiety over economic uncertainty, according to the Texas Petro Index, prepared by economist Karr Ingham for the Texas Alliance of Energy Producers, the largest state association of independent oil and gas producers.  More »
Ron Saville examines sleeping quarters. The structure from Lone-Star Marine Shelters will sleep 76 persons, who will have their own televisions. Photo: J. Patric Schneider / Houston Chronicle

New quarters for offshore oil workers

An island company that makes office and living quarters for offshore oil and gas workers showed off its latest project on Thursday, a three-story, 8,640-square-foot steel structure that weighs 691 tons and sleeps 76.  More »
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BP workers find 2 dead monkeys in shipping crate

Workers opening a crate of valves at the BP Whiting Refinery in northwest Indiana were surprised to find two dead monkeys inside.  More »
Anadarko headquarters in  The Woodlands.

Anadarko cut as $25 billion toxic suit oozes into court

Anadarko Petroleum Corp. (APC) investors are discounting the company’s market value by $2 billion as analysts and lawyers see few ways to minimize the effect of a $25 billion lawsuit spawned by the toxic past of its Kerr-McGee Corp. unit.  More »
Car pass by a new under construction oil terminal in Fujairah, United Arab Emirates, Wednesday, May 30, 2012. The United Arab Emirates is nearing completion of a pipeline through the mountainous sheikdom of Fujairah that will allow it to reroute the bulk of its oil exports around the Strait of Hormuz at the mouth of the Gulf, the path for a fifth of the world's oil supply. (AP Photo/Kamran Jebreili)

Emirates readies oil export detour to avoid Hormuz

By night, the lights of dozens of ships anchored off this eastern Emirati port create the mirage of a far-off city at sea.  More »