Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.

Getting a glimpse of Exxon Mobil’s new campus

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(Jordan Blum/Houston Chronicle)
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Oil industry needs half a trillion dollars to endure price slump

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If oil stays at about $40 a barrel, the shakeout could be profound.

(AP Photo/Kevork Djansezian, file)

Occidental Petroleum to split, move to Houston

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Occidental Petroleum Corp. today announced its plans to move the company to Houston and spin-off another business that will be based in California.
Gasoline prices continue to fall and appear to be headed even lower as motorists prepare to hit the roads for Thanksgiving. ( Johnny Hanson / Houston Chronicle )

Oil industry seeks break on gasoline sulfur limits

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Oil industry lobbyists are making a last-ditch appeal to the Obama administration to soften looming new limits for sulfur in gasoline, warning that without changes, the mandates could send fuel costs up and force some refineries offline.
Categories: Environment, Gasoline
A Petronas logo is seen near its twin towers in Kuala Lumpur, Malaysia.  (AP file photo/Lai Seng Sin)

Exxon Mobil starts production at new field in Malaysia

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Exxon Mobil Corp. has started production at a new natural gas field off the coast of Malaysia, the company said late Thursday.
Categories: Asia, Natural gas
(Victor Dubreuil)

Nigeria orders audit for billions in missing oil revenue

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The Central Bank last year reported nearly $50 billion worth of oil sold by the state oil corporation had not been paid to the government.
Categories: Africa
Money Roll

Alaska spill-prevention account facing shortfall

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An account used for the cleanup of contaminated sites, non-emergency spill response and other activities soon will not have enough money to keep up with costs, the director of the state’s Division of Spill Prevention and Response told lawmakers Thursday.
Categories: Accidents, Arctic
(Image: Fotolia)

Oil price falls below $100

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Oil prices fell Friday as fresh U.S. economic data and higher-than-expected crude supplies pointed to weak demand.
Categories: Crude oil, Markets
(AP Photo/Chris Carlson)

Huge thermal plant opens as solar industry grows (photos)

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A windy stretch of the Mojave Desert once roamed by tortoises and coyotes has been transformed by hundreds of thousands of mirrors into the largest solar power plant of its type in the world, a milestone for a growing industry.
Categories: Solar