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.

People walk in Manhattan during a snowstorm Tuesday. Along with dropping arctic temperatures the storm is expected to bring three to five inches by nightfall, with another four to six inches falling overnight.  (Photo by Spencer Platt/Getty Images)

Oil rises on outlook for higher demand

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Natural gas futures rose more than 2 percent as frigid air descended on the eastern part of the U.S.
Categories: Crude oil, Natural gas
BPsign

BP seeks rehearing in spill settlement dispute

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BP argues that a divided three-judge panel from the 5th Circuit erred earlier this month.
Categories: Gulf oil spill
Storage tanks at the Dow Oyster Creek chemical plant near Freeport, Texas. (Brett Coomer / Chronicle)

Hedge fund calls for Dow Chemical spin off

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Hedge fund Third Point LLC said Tuesday that it has acquired a significant stake in Dow Chemical and wants the company to spin off its petrochemicals division.
Categories: Chemicals
Anthony Badalamenti leaves Federal Court in New Orleans, Tuesday, Jan. 21, 2014. (AP Photo/Gerald Herbert)

Halliburton manager from Katy sentenced in Gulf spill case

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A former Halliburton manager has been sentenced to one year of probation for destroying evidence after BP’s massive 2010 oil spill in the Gulf of Mexico.
White House adviser John Podesta speaks at an energy summit in 2009, when he headed the Center for American Progress. (AP Photo/Eric Jamison)

White House adviser rebukes environmentalists

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White House adviser John Podesta gently chided environmental groups for criticizing the Obama administration’s “all-of-the-above” energy plan and stressed that the president has led a transition toward cleaner power sources.
Categories: Politics/Policy
A drilling rig works the Marcellus shale in Houston, Pa.  (AP file photo/Keith Srakocic)

Unlikely partners launch new attempt on fracking standards

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A hotly debated partnership between major oil and gas companies and some environmental groups moved forward Tuesday, almost a year after it was first announced.
Categories: General
(Eddie Seal/Bloomberg)

How America’s fracking boom helps boost treasuries demand

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With the U.S. economy relying less on oil and gas imports than at any time in two decades, energy expenses for Americans have fallen and cut into inflation more than any other living cost in the past year, according to data compiled by the Labor Department.