Fuel Fix

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These are the experts drawing battle lines over oil exports

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
glam-derricks

The oil patch palette

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Categories: featured, General

These are the experts drawing battle lines over oil exports

on
m736807
The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
glam-derricks

The oil patch palette

on
A couple of years ago we presented some examples of how the grit and steel of the oil field can take on its own beauty in the hands of a skilled photographer or digital artist.
Categories: featured, General
(Rice University photo)

Oil above $98 as economy shows strength

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Natural gas prices fell sharply on forecasts for milder temperatures.
(Michael Paulsen / Houston Chronicle)

Texas tops nation in new wind power construction

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Developers were installing a record level of wind turbines as 2013 came to a close, with most of the new capacity coming in Texas, according to new figures released Thursday.
Categories: Wind
A Canadian Pacific Railway Ltd. train transporting oil leaves Hardisty, Alberta, Canada. (Brett Gundlock/Bloomberg)

Exxon to move Canadian crude by rail amid pipeline shortage

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With limited pipeline options to ship oil sands crude out of Canada, Exxon Mobil Corp. plans to move up to 100,000 barrels per day of Canadian oil using a new rail terminal that should be running by 2015, an executive said Thursday.
Categories: Canada, featured, Pipelines, Rail
Exxon Mobil has about 86 percent of its oil and gas production in what rating agencies consider less risky OECD countries, according to the analysis.(Carlos Javier Sanchez/ Special to the Chronicle)

Exxon earnings drop on lower production, refining margins

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HOUSTON — Exxon Mobil Corp., the world’s largest oil company by market value, said its fourth-quarter earnings fell 16 percent because of lower oil revenue and refining margins.
Categories: Finance/Earnings
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Shell pledges spending cuts, asset sales to restore profit

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Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden promised to slash capital spending and accelerate asset sales to revive earnings at Europe’s largest oil producer.
Categories: Finance/Earnings
The Xiang Yun Kou heavy-lift vessel departs for South Korea after safely loading the Noble Discoverer drillship. (COSCO Heavy Transport)

Shell’s delay ignites calls for deep freeze on Arctic drilling

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Environmentalists celebrated Shell’s decision to put its 2014 Arctic drilling plans on ice, but drilling advocates said they hope it’s just a temporary setback.
Categories: Arctic
(AP file photo/Reed Saxon)

Occidental earnings rise as CEO pursues breakup

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Occidental Petroleum Corp., the biggest oil producer in Texas, said fourth-quarter profit rose as Chief Executive Officer Stephen I. Chazen pursues a breakup after a shareholder revolt last year.
Categories: Finance/Earnings