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.”

(StockMonkeys.com)

Energy subsidies rebound to pre-financial crisis levels

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Grants and tax breaks designed to lower energy production costs fell sharply after commodity prices plunged in 2008. A new report points out they have returned to levels not seen since the financial crisis, reaching up to $1.9 trillion.
Total CEO Christophe de Margerie (AP file photo/Christophe Ena)

French oil CEO urges US to approve Keystone XL pipeline

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Total SA (FP) urged the U.S. to approve the $5.4 billion Keystone XL pipeline to unplug a bottleneck that’s stalling the development of Canadian oil sands.
Categories: Canada, Keystone XL

Greenpeace activists dressed in tiger suits unfurl a banner, protesting against Essar Group's coal mining plans in Mahan, at the Essar's headquarters in Mumbai. (Abhishek Shanker/ Bloomberg)

Indian billionaires ambushed as Greenpeace protests coal project

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Greenpeace activists dressed in tiger suits climbed atop the Mumbai headquarters of Essar Group and unfurled a banner protesting a coal-mining project proposed by billionaire brothers Shashikant and Ravikant Ruia.
Categories: Coal, Environment
The fuel efficient Porsche Panamera S E-Hybrid can run on gas, electric power, or on both functioning together. The hybrid was on display at the Houston Auto Show Wednesday. (Marie D. De Jesus/Houston Chronicle)

Houston Auto Show electrifies some before they know it (photos)

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As car enthusiasts streamed past sparkling SUVs and sleek coupes at the Houston Auto Show on Wednesday, some found themselves sitting in electric cars without even knowing it.
T. Boone Pickens speaks at the 2014 LNG Conference Jan. 22, 2014, in Houston.  (Eric Kayne/For the Chronicle)

Pickens criticizes push to lift ban on US crude exports

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T. Boone Pickens, one of the country’s biggest cheerleaders for natural gas, is unenthusiastic about the idea of removing bans of the export of crude oil, saying that the U.S. should instead focus on reducing its dependence on foreign oil, especially from the Middle East.
Categories: Crude oil, Markets
(Photo: Loozrboy/Flickr)

Koch ends plans for pipeline to Illinois from Bakken

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Koch Pipeline Co. called off plans to build a 250,000-barrel-a-day crude line to Illinois from North Dakota’s Bakken formation, where a shale boom has helped lift domestic production to the highest in a quarter-century.
Categories: Pipelines, Shale
US Secretary of Energy Ernest Moniz speaks during a meeting at the National Industry Confederation headquarters in Brazil on August 16, 2013. (Evaristo SAEVARISTO SA/AFP/Getty Images)

Moniz: Natural gas risks can be ‘managed’

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Environmental concerns surrounding domestic natural gas production are surmountable, Enregy Secretary Ernest Moniz said Wednesday.