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.”

(AP Photo/Matthew Brown)

FBI plan to put agents in Bakken Shale sparks flap

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Crime on both sides of the states’ border has spiked as thousands of new workers brings drug traffickers in their wake.
President Barack Obama speaks at Copper Mountain Solar 1 Facility in Boulder City, Nev. (AP Photo/Pablo Martinez Monsivais)

Greens push back on Obama’s ‘all-of-the-above’ energy policy

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President Barack Obama’s oft-touted “all-of-the-above” energy plan has long been used to emphasize the administration’s commitment to oil and gas, even as the White House embraces cleaner alternatives.
Categories: Politics/Policy

(construct/Flickr)

BP can’t stop seafood payments, plaintiffs attorneys say

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BP Plc should keep paying more than $2.3 billion to seafood-industry interests as part of a settlement of claims over the 2010 Gulf of Mexico oil spill while a fraud probe tied to the accord is pending, plaintiffs’ attorneys said.
FILE - In this Nov. 26, 2012 file photo, Steve Lipsky demonstrates how his well water ignites when he puts a flame to the flowing well spigot outside his family's home in rural Parker County near Weatherford, Texas. A preliminary analysis of testing in the past year of North Texas water contaminated with explosive methane has found that the problem has spread to more residential wells, and scientists analyzing those samples believe the new evidence more conclusively points to a nearby gas drilling operation as the source of the problem. (AP Photo/LM Otero, file)

New tests find more methane in North Texas water

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Texas’ oil and gas regulator has opened a new investigation into allegations that methane is contaminating North Texas water after residents complained that independent sampling by university researchers revealed high levels of the explosive gas in their residential wells, the state agency and scientists said.
Categories: General, Natural gas, Texas
Former FBI Director Louis Freeh.  (Associated Press)

Attorneys deny improper actions in BP spill claims

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Their lawyers say there is no evidence supporting a former FBI director’s contention that the attorneys acted improperly
Categories: Gulf oil spill
(Image: Fotolia)

Oil price holds near $94

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The price of oil finished the week 2 percent higher.
Categories: Crude oil, Gasoline
Cheniere Energy Chief Financial Officer Davis Thames speaks at the World Oil & Gas Summit at the Hilton Americas in downtown Houston on Nov. 5. (Zain Shauk/Houston Chronicle)

Cheniere replaces finance chief after six months

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Cheniere Energy replaced its chief financial officer six months after promoting him to the position, announcing the change in a regulatory filing published late Thursday.