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.”

A Sanchez Energy drilling site in Fayette County, in the Eagle Ford Shale. (Sanchez Energy)

Sanchez Energy output surges in the Eagle Ford

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An oil gusher in the Eagle Ford Shale lifted Sanchez Energy’s daily production last year to seven times its level the year before, as it adopted advances like pad drilling.
Vice President Joe Biden and House Speaker John Boehner of Ohio applaud President Barack Obama as he gives his State of the Union address during a joint session of Congress on Capitol Hill in Washington, Tuesday Feb. 12, 2013. (AP Photo/Charles Dharapak, Pool)

Obama likely to target natural gas, climate change in State of the Union

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Energy issues may figure prominently in President Barack Obama’s State of the Union address on Tuesday night.

Shell-Logo-323x300

Shell said to seek buyers for stake in Ho-Ho Pipeline

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Shell is working with Barclays to solicit offers for a stake of as much as $1 billion.
Categories: Pipelines
The Competitive Renewable Energy Zones  initiative lines were designed to move electricity generated by renewable energy from the remote parts of Texas to more heavily populated areas. Oncor completed 37 stations and equipment for this project, as well as more than 900 miles of transmission lines. (photo: Oncor)

New power lines may be coming to Houston

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Texas grid planners are evaluating proposals for $3.6 billion in transmission projects over the next five years, including upgrades in lines serving the Houston area.
Categories: Electricity
Oil Barrel

Oil falls below $96 as parts of U.S. set to thaw out

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The price of oil inched up to around $97 a barrel Monday but gains were tempered by the prospect of a further reduction in U.S. central bank stimulus and stock market headwinds.
Protestors at the National Mall call on President Obama to reject the Keystone XL pipeline on Feb. 17, 2013. (AP Photo/Manuel Balce Ceneta)

Keystone XL pressure mounts before State of the Union

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President Barack Obama isn’t likely to utter a word about the controversial Keystone XL pipeline during his State of the Union address Tuesday night — but that isn’t stopping fans and foes of the project from pressing the issue as the White House puts the final touches on the speech.
The NFL logo at midfield of MetLife Stadium is illuminated by lights on television reporters' videocameras as members of the media are given a tour under a tarp used by crews to keep the turf dry ahead of Super Bowl XLVIII in East Rutherford, N.J. (AP Photo/Julio Cortez, File)

Super Bowl will be coldest, could also be greenest

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The National Football League has sought to gradually reduce the footprint left behind by the Big Game, and the league is taking steps to make the Feb. 2 Super Bowl at MetLife Stadium the most environmentally friendly yet, from planting trees to offset carbon emissions to composting food waste to using biodiesel to power generators.