Fuel Fix

(David Paul Morris/Bloomberg)

Chevron to cut 950 jobs in Houston, 1,500 companywide

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Chevron currently counts about 8,000 Houston-area employees and fewer than 65,000 workers worldwide. Chevron had closer to 9,000 Houston workers two years ago.

Chevron to cut 950 jobs in Houston, 1,500 companywide

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(David Paul Morris/Bloomberg)
Chevron currently counts about 8,000 Houston-area employees and fewer than 65,000 workers worldwide. Chevron had closer to 9,000 Houston workers two years ago.
Halliburton CEO Dave Lesar (Melissa Phillip/Chronicle)

Paychecks rose for some Houston energy CEOs in 2014

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The 10 highest-paid executives in Houston last year all work in the energy industry, despite domestic oil’s long and lingering swoon.

(Image: Fotolia)

Oil slips to $97 after rally

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The price of oil slipped back to near $97 a barrel Friday, interrupting a sustained rally on expectations for increased demand.
Turbines at Pattern Energy's Gulf Wind project in Kenedy County, Texas are silhouetted by a sunset. (Pattern Energy)

Two countries dominate world’s green energy workforce, report says

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About 5.7 million people work in the renewable energy sector globally, with two countries hosting nearly half of the world’s green energy jobs, according to a new research report.
Categories: Solar, Wind

An Ensco in the Gulf of Mexico prepares drilling a bypass well for Noble Energy. (Jennifer A. Dlouhy/Houston Chronicle)

Noble leads offshore drillers lower amid rig slowdown

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Noble Corp. led a decline among offshore deep-water drilling contractors after saying the industry may be experiencing a “pause in the cycle” after years of growth fueled by oil and natural gas discoveries.
(AP Photo/Mark Lennihan, File)

First Solar announces plant for West Texas

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First Solar Inc. has announced plans for a power plant in West Texas.
Categories: Electricity, Solar
(Photo: Fotolia)

Texas grid operator: Cold snap won’t spark another power emergency

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The operator of the Texas power grid, which had a close call with generating capacity when temperatures dropped earlier this month, says it has extra reserves ready for the cold snap expected Thursday and Friday.
Categories: Electricity
Saudi Arabian Minister of Petroleum and Mineral Resources Ali Ibrahim al-Naimi. (MLADEN  ANTONOV/AFP/Getty Images)

Saudi, IEA talk impact of U.S. shale on oil price

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The International Energy Agency says the U.S. will become the world’s largest oil producer by around 2020.
Categories: Middle East
The drillship Noble Discoverer did preliminary drilling in Alaska's Chukchi Sea for Shell in 2012. An appeals court ruling Jan. 22, 2014, could delay  Shell's plans to return to the Alaskan offshore region in summer of 2014.

Alaska Democrat ‘optimistic’ on Arctic drilling this summer

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Sen. Mark Begich of Alaska says he’s optimistic that drilling can resume in Arctic waters this summer despite a federal court ruling against the government’s handling of offshore drilling leases in the region.
Categories: Arctic, Politics/Policy