Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

on
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.

Getting a glimpse of Exxon Mobil’s new campus

on
(Jordan Blum/Houston Chronicle)
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Oil industry needs half a trillion dollars to endure price slump

on
If oil stays at about $40 a barrel, the shakeout could be profound.

A BP company logo sits on display on the forecourt of a gas station operated by BP in London. (Chris Ratcliffe/Bloomberg)

BP quarterly profit falls as divestments impact income

on
BP’s profit fell 30 percent in the fourth quarter as it felt the impact of its multibillion-dollar divestment program, weakened refining income, the company reported Tuesday.
Categories: Finance/Earnings
(AP Photo/Mike Groll, File)

Property owners threaten second suit over delay on fracking study

on
A coalition of property owners announced that it will sue New York state over its delay in issuing a long-awaited environmental impact statement on hydraulic fracturing unless the state provides a reasonable timeline by Feb. 13 for finalizing the process.
After five years waiting for U.S. approval the need for Keystone isn’t as urgent for companies such as Suncor Energy Inc.  (Brent Lewin/Bloomberg)

Keystone ardor cools as oil sands producers find other routes

on
Producers have become less reliant on Keystone XL as new rail terminals increase their ability to ship oil on trains. And support has grown for other pipeline proposals, including a separate TransCanada project that would carry crude from Alberta to the nation’s Atlantic Coast.
Categories: Keystone XL, Pipelines
Photo:  wikipedia.org

Does the Google Glass design philosophy clash with oil & gas industry trends?

on
The biggest challenge I see as I embark on this journey to explore how Glass (and wearable technology generally) can be adapted to oil & gas applications is that the oil & gas industry’s data needs are growing larger and larger (the result of more challenging wells) while displays continue to shrink.
(Image: Fotolia)

Oil drops on weaker U.S., China manufacturing data

on
Benchmark oil fell $1.06 to close at $96.43 a barrel.
Categories: Crude oil, Markets
William Chiles, president and CEO of Bristow Group, is shown  in his office in Houston in 2007. (Houston Chronicle file)

Bristow Group CEO Chiles to retire in July

on
The company is a provider of helicopter services to the offshore energy industry.
Categories: Offshore
An attendant fills a tank at a Shell gas station in Buenos Aires. Shell increased prices an average of 12 percent. (AP Photo/Victor R. Caivano)

Argentina slams Shell for fuel price hike

on
President Cristina Fernandez’s government has issued several price control programs to try to tame inflation.
Categories: Latin America