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.”

The sun shines over a Range Resources well site in Washington, Pa. (AP Photo/Keith Srakocic, File)

Natural gas futures soar on forecasts for record stockpile drop

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Natural gas futures surged the most in 16 months on speculation that government data will show a record decline in U.S. stockpiles of the heating fuel as cold weather boosts demand.
Categories: Natural gas, Weather
Sen. Lisa Murkowski, R-Alaska, speaks to reporters during President Barack Obama's State of the Union speech in 2011. (AP Photo/Charles Dharapak)

Senator: Obama should lift oil export ban, even without Congress

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Sen. Lisa Murkowski is doubling down on her pitch for the U.S. to reverse a 39-year-old ban on exporting American crude. In a letter to President Barack Obama on Tuesday, the Republican from Alaska insists that the administration must ease the restrictions soon.

(Photo: Kate Ter Haar/Flickr)

Power crisis costs haven’t hit home

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The price tag for the crisis last week that almost forced operators to shut off power to parts of the Texas grid isn’t likely to show up on your next electric bill. But traders say the close call produced market conditions that eventually could hit consumers.
Categories: Electricity, Premium, Weather
A jar holding waste water from hydraulic fracturing is held up to the light at a recycling site in Midland, Texas. (AP Photo/Pat Sullivan)

Lab study cuts fracking waste’s radioactivity

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Researchers believe they have found an unlikely way to decrease the radioactivity of some hydraulic fracturing wastewater: Mix it with the hazardous drainage from mining operations.
Cuadrilla Resources Ltd.'s shale gas exploration site in Singleton, U.K. (Paul Thomas/Bloomberg)

European Union drafting ‘minimum’ guidelines for fracking shale

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The European Union plans “minimum” guidelines for shale fracking, under proposals that may facilitate oil and gas drilling using the contested technique that’s brought the U.S. toward energy independence, according to a draft statement.
(Paul Thomas/Bloomberg)

England’s clouds part for solar as panels carpet fields

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Cloudy Britain is emerging as Europe’s hottest market to build solar parks.
Categories: Europe, Solar
Ford shows the company's new 2015 F-150 pickup truck. On Monday, Jan. 13, 2014, Ford unveils a new F-150 built almost entirely out of aluminum. The lighter material, which shaves as much as 700 pounds off the truck, will save fuel and make the truck more nimble without sacrificing power, Ford says. (AP Photo/Ford)

Aluminum Revolution: Ford introduces a new F-150

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On Monday, Ford unveils a new F-150 with a body built almost entirely out of aluminum. The change is Ford’s response to small-business owners’ desire for a more fuel-efficient and nimble truck — and stricter government requirements on fuel economy.
Categories: Transportation