Fuel Fix

(David Paul Morris/Bloomberg)

Chevron to cut 950 jobs in Houston, 1,500 companywide

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Chevron currently counts about 8,000 Houston-area employees and fewer than 65,000 workers worldwide. Chevron had closer to 9,000 Houston workers two years ago.

Chevron to cut 950 jobs in Houston, 1,500 companywide

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(David Paul Morris/Bloomberg)
Chevron currently counts about 8,000 Houston-area employees and fewer than 65,000 workers worldwide. Chevron had closer to 9,000 Houston workers two years ago.
Halliburton CEO Dave Lesar (Melissa Phillip/Chronicle)

Paychecks rose for some Houston energy CEOs in 2014

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The 10 highest-paid executives in Houston last year all work in the energy industry, despite domestic oil’s long and lingering swoon.

New Yorkers and visitors ride Citi Bikes in Times Square to generate energy to power the New Year's Eve Ball on Saturday, Dec. 28, 2013 in New York. (Photo by Charles Sykes/Invision for Citi/AP Images)

Bicycles will help power Times Square’s New Year’s Eve bash

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Bicycles installed in Times Square are being connected to 12-volt deep cycle batteries that will help illuminate the famed ball that will descend New Year’s Eve.
Categories: Electricity
(Image: Fotolia)

Oil little changed in thin Asian trading

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Oil prices were little changed in thin Asian trading Monday amid anticipation of the New Year’s holidays as well as stable energy demand in the U.S.
Categories: Crude oil

The Competitive Renewable Energy Zones  initiative lines were designed to move electricity generated by renewable energy from the remote parts of Texas to more heavily populated areas. Oncor completed 37 stations and equipment for this project, as well as more than 900 miles of transmission lines. (photo: Oncor)

West Texas wind soon will light up the region

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A 3,000-mile network of transmission lines designed to bring wind-generated power from West Texas to homes and businesses from Dallas to San Antonio should be fully operational by Tuesday, year’s end.
CarlosSole

Q&A: “The old rules don’t apply” in Mexico energy sector

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On Dec. 20, Mexican President Enrique Pena Nieto signed constitutional reforms into law to open Mexico’s energy sector to private investment. The reforms will allow international companies for the first time in decades to share in the risks and rewards of oil and gas production. Mexican lawmakers hope the reforms will attract much needed capital […]
(Cody Duty / Houston Chronicle)

Keystone XL foes want focus on spill clean up

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Dilbit is made up of bitumen, a thick, sticky hydrocarbon harvested in Canada that is too hard at room temperature to flow through pipelines on its own. To ready it for pipeline transport, companies dilute the bitumen with natural gas liquids or other substances.
The Texas Panhandle sky silhouettes a Linn Energy drilling rig in Wheeler County. (Linn Energy)

Rig count down for the week

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Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 11 this week to 1,757.
Oil Barrel

Crude oil settles above $100 a barrel

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It the first time oil crossed that threshold since October.
Categories: Crude oil, Gasoline