Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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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

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(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

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

(Image: Fotolia)

Gas no longer escaping from rig off La. coast

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The operator and federal regulators say the flow of natural gas, water and sand has been stopped at a drilling rig off Louisiana’s coast.
(Eddie Seal/Bloomberg)

Teapots boiling in Texas as shale spurs refining revival

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Blue Dolphin, Valero Energy Corp., Kinder Morgan Inc. and others are trying to capitalize on the biggest boom in U.S. history by building new crude-processing equipment, reviving mothballed plants and opening new teapot refineries.
Categories: Eagle Ford, Refining
The Bushehr nuclear power plant, outside the southern city of Bushehr. (AP Photo/Vahid Salemi, file)

Schlumberger wraps up business in Iran after loss, US probe

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Schlumberger finished shutting down its Iranian business in the second quarter last year after losing $69 million and facing a U.S. probe into its activities in several sanctioned countries, regulatory filings show.
Categories: Oil field services
Protesters of the proposed Keystone XL oil pipeline at a rally in Washington, D.C. (Puneet Kollipara / the Houston Chronicle)

Keystone report reignites battle over pipeline’s impact

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Keystone XL’s political proponents and environmental foes released a wave of responses to the long-awaited federal environmental review that dropped Friday afternoon.
A production facility in the Gulf of Mexico. (Simone Sebastian/Houston Chronicle)

Kill attempt to come for well spewing gas off Gulf coast

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Crews continued to work Friday to stop natural gas flowing from a drilling rig off the Louisiana coast, and the Coast Guard said workers had managed to cut the flow in half.
(fotolia)

Report: Lower power reserve margin would be more economic for Texas

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Texas should keep a 10.2 percent to 14.1 percent cushion of electric generation capacity, according to a report Friday that will inform and probably intensify a politically charged debate over the future of the state power market.
Categories: Eagle Ford, Electricity
Trucker Glenn Ingram of Elk Grove, Calif., collects his chains during a winter storm, Thursday in the Donner Summit/Boreal region in Nevada. . (AP Photo/The Reno Gazette-Journal,  Tim Dunn)

Pump prices fell in January as drivers stayed home

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Benchmark crude oil for March delivery fell 74 cents to close at $97.49 a barrel.