Fuel Fix

OTC 2013

Technip to lay off 6,000 workers

on
The Paris-based firm, which has its main U.S. offices in Houston, said Monday the move will save it $919 million over the next two and a half years, with the bulk of those savings coming in 2016.

Technip to lay off 6,000 workers

on
OTC 2013
The Paris-based firm, which has its main U.S. offices in Houston, said Monday the move will save it $919 million over the next two and a half years, with the bulk of those savings coming in 2016.
A Linn Energy relief driller loads drill rods onto a rig in Indiana, Pennsylvania in the Appalachian Basin. (AP file photo/Andrew Rush)

Linn Energy sells Permian assets, finalizes $1.5 billion in equity deals

on
The assets include 6,400 net acres northeast of Midland for prospective horizontal drilling in the Wolfcamp area of the Permian. The deal also includes existing production from 133 wells in the area.

Texas oil production highest in three decades

on
Texas crude oil production has reached its highest level since the U.S. Energy Information Administration started tracking it in the early 1980s. In July, Texas produced around 2.602 million barrels daily. By October, that daily crude production was 2.752 million barrels. The last time crude production was anywhere close to that level was in January […]
Categories: Uncategorized
U.S. Sen. Max Baucus, D-MT  (Chip Somodevilla/Getty Images)

Senate tax plan spares big oil industry deduction

on
Although Sen. Max Baucus has taken aim at a host of tax deductions cherished by the oil and gas industry, one big deduction has stayed out of his crosshairs.
Categories: Politics/Policy

(Image: Fotolia)

Oil price falls below $96

on
The price of crude dropped 3 percent.
Categories: Crude oil, Gasoline
President and co-founder, Nebolisa Egbunike speaks at a Subsea Engineering Society general meeting at the University of Houston, Thursday, Nov. 21, 2013, in Houston. The University of Houston has started a new subsea master's degree, and Egbunike, along with Michael Ogiefor founded the society to help students connect with industry. (Cody Duty / Houston Chronicle)

UH subsea society seeks to rise to the top

on
Two men from a University of Houston engineering program are not content to ride the wave of the school’s new subsea program — they are working hard to put it on the map as a dynamic new offering to the energy industry.
Categories: Offshore, Premium, Workforce
(Courtesy of LyondellBasell)

LyondellBasell restarts Texas plant amid cheap natural gas

on
LyondellBasell has restarted a chemical plant that had been dormant for a decade, inspired to make the change because of low natural gas prices, the company said Thursday.
Categories: Chemicals, featured
Turbines at Pattern Energy's Gulf Wind project in Kenedy County, Texas are silhouetted by a sunset. (Pattern Energy)

Conservatives form group favoring renewable energy

on
Conservative leaders and activists in Michigan have formed a group to support basing energy policy on the use of renewable resources and energy-efficiency programs.
Categories: Politics/Policy, Solar, Wind
An oil pumping unit in operation at Canal Place in Akron, Ohio. (AP Photo/Anthony Onchak)

Ohio energy production rising as wells increase

on
A new report says Ohio energy companies extracted more than twice as much oil and gas from the Utica shale during three months last year than all of 2012.
Categories: Production