Fuel Fix

Attendees view a small scale model of an offshore platform in the Aker Solutions booth during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. ( Mayra Beltran / Houston Chronicle )

Some OTC exhibitors have stepped up their conference spending, even amid downturn

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Categories: featured, OTC
While many companies have scaled back their presence this year amid a global oil collapse, others have still spent big.
Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

Take a look at the scale models from OTC 2015

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Categories: featured, OTC

Some OTC exhibitors have stepped up their conference spending, even amid downturn

on
Categories: featured, OTC
Attendees view a small scale model of an offshore platform in the Aker Solutions booth during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. ( Mayra Beltran / Houston Chronicle )
While many companies have scaled back their presence this year amid a global oil collapse, others have still spent big.
Jan Atle Andresen, right, of Huisman Equipment shows the Huisdrill 12000 drill ship to Niels Torgau at the Huisman Equipment booth during the first day of the 2014 Offshore Technology Conference, Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

Take a look at the scale models from OTC 2015

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The Offshore Technology Conference is big, but not big enough to hold some of the biggest tech in the world. That’s where these hyper-detailed scale models come in.
Categories: featured, OTC
A cloud of natural gas spews from an out-of-control gas well owned by Chesapeake Energy Corp. on Wednesday, April 25, 2012, about 10 miles northeast of Douglas, Wyo. Residents living without 2 1/2 miles of the well have been given the choice to evacuate. The well blew out Tuesday afternoon and no injuries have been reported. (AP Photo/Casper Star-Tribune, Dan Cepeda)

Natural gas hinders Chesapeake’s gains

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Beleaguered Chesapeake Energy Corp. posted $940 million loss in 2012, as low natural gas prices dragged down its results throughout the year, the company reported Thursday. Its year-end results showed improvement, however, as the company posted a $257 million profit for the final quarter of 2012, a rebound from the previous three months when low natural gas prices led to a $2 billion loss.
Categories: General
(HerryLawford/Flickr)

Japan Prime Minister to ask Obama for shale exports

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Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.
Categories: LNG, Natural gas

Anadarko Petroleum Corp. drills a series of wells on a pad on a Weld County farm near Mead, Colo. in the northeastern part of the state. (AP Photo/Ed Andrieski, File)

Merkel leaves door open to fracking as shale gains appeal

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Chancellor Angela Merkel left the door open to tapping shale gas in Germany, saying her government will consult with companies and the public to build consensus on exploiting the potential energy source.
Oil workers on an Eagle Ford Shale rig near Tilden, Texas. (John Davenport, San Antonio Express-News)

Industry, environmentalists mull ‘fracking’ rules

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Leases have been signed on tens of thousands of acres in southern Illinois. Studies have hinted at the potential economic payoff of drilling for oil and gas deposits deep underground. But so far, oil and gas companies have held off on high-volume hydraulic fracturing in Illinois because the state lacks ground rules for the industry.
(Photo: Vectorportal/Flickr)

Texas man faces more charges for bombing attempt

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A North Texas man described by authorities as an anarchist is facing additional charges for attempting to bomb a pipeline.
Categories: Natural gas
The sun sets on a drilling rig in Frio County, Texas.  (Jerry Lara/San Antonio Express-News)

Energy to help Texas economy outpace nation’s

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The flourishing energy sector along with across-the-board private sector hiring will keep Texas’ economic growth moving faster than the nation’s, an economist with the Federal Reserve Bank of Dallas predicted Wednesday.
Categories: Eagle Ford, General

Sony bets on new PlayStation for recovery

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Japanese electronics group is relying on PS4 to help recapture leadership of the games market from Microsoft, but it failed to reveal console itself
Categories: Uncategorized

China drains cash to curb liquidity

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Central bank withdraws $146bn from the economy in 3 days, a new record, after surging credit growth sparked overheating fears
Categories: Uncategorized

Doubts loom over eurozone recovery

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Business activity in France remains weak, according to purchasing managers’ index data, while Germany is more robust, yet lower than expectations
Categories: Uncategorized

China and economy to lead Abe US talks

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Japan’s PM travels to Washington to meet President Obama with an ambitious agenda that includes the Senkaku Islands dispute and economic policy support
Categories: Uncategorized

Google to debut Chrome for touchscreens

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Plans to open a new front in its battle with Microsoft, will enable Google to make inroads into rival’s core operating system business
Categories: Uncategorized

Tesla hits critical production milestone

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Delivery glitches, cancelled orders and a slowdown in new vehicle reservations so far this year combine to take the shine off latest numbers
Categories: Uncategorized
(Photo: striatic/Flickr)

Harvest Natural drops on end to Venezuelan sale

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Houston-based Harvest Natural Resources Inc. dropped the most in more than 23 years after announcing the termination of its planned $725 million sale of Venezuelan assets to Indonesia’s state-owned PT Pertamina.
Categories: Deals
(Photo: First Solar)

Nexolon breaks ground on San Antonio solar plant

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With ceremonial hard hats on and shovels in hand, city officials and executives from CPS Energy and Nexolon broke ground Wednesday on the company’s solar panel manufacturing plant at Brooks City-Base.
Categories: General

Twitter tries new tool to unlock ads

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Micro-blogging site says users would not see more marketing as a result of the planned automated advertising system – at least not in the short term
Categories: Uncategorized