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/David J. Phillip)

Senators duel over climate change

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Senate Republicans and Democrats were battling over climate change Thursday, during a hearing on President Barack Obama’s plan to combat greenhouse gas pollution and deal with the unpredictable weather and geographic changes it causes.
(LEON NEAL/AFP/Getty Images)

Libya oil revenues for 2013 fall short of projections

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Deputy Minister for Oil and Gas, Omar Shakmak, announced on state television Thursday that proceeds from Libyan crude yielded a little less than $40 billion, less than the projected $ 50 billion for 2013.
Categories: General, Middle East

A crane stands next to Petroleos Mexicanos (Pemex) signage displayed on the company's La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug.30, 2013.  (Susana Gonzalez/Bloomberg)

Pemex to stake claims under Mexico’s new energy policy

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Mexico’s oil company likely will target shallow-water fields when given the chance to stake its claim before a new policy opens the nation’s oil and gas fields to foreign firms, a legal expert said Wednesday.
Categories: Latin America, Offshore
Alaska Gov. Sean Parnell speaks in Houston in 2013. (James Nielsen / Houston Chronicle )

Agreement spells out Alaska gas pipeline project terms

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A newly signed commercial agreement anticipates Alaska’s equity share in a major natural gas pipeline project at about 20 to 25 percent
(Photo: Fotolia)

Oil rises nearly 2 percent on big drop in US supplies

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Benchmark U.S. crude oil for February delivery rose $1.58, or 1.7 percent, to $94.17 a barrel on the New York Mercantile Exchange.
(AP Photo/Skagit Valley Herald, Scott Terrell)

House panel to examine rail safety

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Following a series of fiery explosions involving oil-carrying trains, a House panel will hold a hearing to examine the safety of moving crude by rail.
Categories: General
ShalePlayApp

Shale? There’s an app for that

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Bracewell & Giuliani LLP announced just launched the ShalePlay app – a response to booming shale oil and gas production. The firm’s energy law and environmental law attorneys and government relations professionals put together the free app as a resource on shale and hydraulic fracturing news, information and trends. The ShalePlay app includes information on legislation, regulation, shale studies, an interactive […]
Categories: Uncategorized