Fuel Fix

A sign tower reaches toward the sky at the entrance to Schlumberger's Sugar Land campus. (AP file photo/Pat Sullivan)

Schlumberger 1Q profits jump 37.8 percent

Oil services giant Schlumberger Ltd. says profits jumped 37.8 percent in the first quarter thanks to strong drilling activity in the Gulf of Mexico, north Africa and the Middle East.  More »
People fill the tanks of their vehicules at an YPF station in Buenos Aires, Argentina,  Thursday, April 12, 2012. Spanish Industry Minister Jose Manuel Soria  has warned that the government will interpret any "hostile gestures" against Spanish companies abroad as an act of aggression, in an apparent reference to a conflict with Argentina over an oil company controlled by Spain's Repsol. YPF,  which is 57 per cent owned by Repsol,  has rejected Argentine government pressure to plough some of its profits back into the South American country.(AP Photo/Natacha Pisarenko)

Repsol required to buy Eskenazi YPF Stake

Spain’s Repsol YPF SA (REP), whose YPF unit was nationalized by Argentina this week, agreed in 2008 to buy back the Eskenazi family’s shares in that oil company in the event that Repsol loses majority control.  More »
Total's Port Arthur refinery (Dave Ryan/Beaumont Enterprise)

Total talks with Argentina about boosting natural-gas output

France’s Total SA (FP), Europe’s third- largest oil producer, is in talks with Argentina about increasing natural-gas supplies by more than 5 percent after the country took control of YPF SA in a dispute over crude output.  More »
A worker repairs an oil pipeline at Rumaila oil fields, near the southern city of Basra, Iraq, Sunday, Oct. 9, 2011. A pair of bombs struck two oil pipelines on Friday in southern Iraq, causing a temporary cut in production at the country's largest oil field, officials said Saturday. (AP Photo / Nabil al-Jurani)

Iraq plans to start second offshore crude export facility today

Iraq will begin operating a second offshore mooring facility for crude exports from the Persian Gulf, Dhia Jaafar, director general of Southern Oil Co., said.  More »
The existing Keystone oil pipeline is constructed in North Dakota.   (Photo courtesy of TransCanada)

TransCanada started Keystone pipe after shutdown

TransCanada Corp. (TRP) started the 590,000 barrel a day Keystone pipeline yesterday after it was shut to retrieve an inspection device.  More »
A drilling rig in Pavillion, Wyo., used to drill a deep water well for testing. (Photo: EPA).

EPA resumes groundwater testing in Pavillion area

The U.S. Environmental Protection Agency and other agencies have begun a new round of water sampling in the area of a Wyoming gas field where the EPA says hydraulic fracturing may have caused groundwater pollution.  More »
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Total to drill relief well at Nigeria gas leak

French oil firm Total SA says it will drill a relief well to stop a natural gas leak at a plant in Nigeria’s oil-rich southern delta.  More »
(Photo: Fotolia)

Oil rises to near $103 amid uneven US recovery

Oil prices rose to near $103 a barrel Friday in Asia amid signs the U.S. economic recovery remains uneven.  More »
Fire boat response crews spray water on the blazing remnants of the Deepwater Horizon offshore oil rig. (AP Photo/US Coast Guard, File)

Industry’s progress on offshore safety still draws skepticism

Two years after the Gulf of Mexico spill, the oil and gas industry continues to pour millions of dollars into efforts aimed at actually boosting offshore safety and at convincing regulators and the public that it can police itself.  More »
A boom is used to protect marshland in Terrebonne Parish on the Louisiana coast after the Gulf oil spill in 2010. Photo: Smiley N. Pool / Houston Chronicle

Gulf residents getting an extra $64M for spill claims

Roughly 7,300 residents and businesses harmed by the 2010 oil spill in the Gulf of Mexico will get more than $64 million in additional payments because their claims with BP were shortchanged or wrongfully denied, the Justice Department announced Thursday.  More »
The blowout preventer pulled from the wreckage at BP's Macondo well is transported to land for testing on Sept. 11, 2010. (Photo: U.S. Coast Guard)

CSB plans Houston meetings as part of Deepwater Horizon probe

The Chemical Safety Board said today it is on track to issue a final report on the well blowout and explosion that killed 11 rig workers in early 2013, and it could issue recommendations to prevent a similar disaster as soon as this August. The independent federal agency, which has probed more than 50 industrial accidents, including the lethal Texas City refinery explosion in 2005 is the last remaining panel still investigating the Deepwater Horizon disaster, following the conclusion of several other probes.  More »
APTOPIX Gulf Oil Spill Sick Fish

2 years later, fish sick near BP oil spill site

Two years after the Deepwater Horizon rig exploded and sank in the Gulf of Mexico, touching off the worst offshore spill in U.S. history, research into the disaster’s environmental effects is turning up ailing fish that bear hallmarks of diseases tied to petroleum and other pollutants.  More »