Fuel Fix

Exxon Mobil Corp. CEO Rex Tillerson speaks to 2015 IHS Energy CERAWeek. (Billy Smith II/Houston Chronicle)

Exxon Mobil earnings fall 52 percent

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Categories: Crude oil, featured
Lower prices cost oil and gas giant Exxon Mobil’s upstream business $4.5 billion, the company said.

Exxon Mobil earnings fall 52 percent

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Categories: Crude oil, featured
Exxon Mobil Corp. CEO Rex Tillerson speaks to 2015 IHS Energy CERAWeek. (Billy Smith II/Houston Chronicle)
Lower prices cost oil and gas giant Exxon Mobil’s upstream business $4.5 billion, the company said.
(Photographer: Andrey Rudakov/Bloomberg)

Shell to ax thousands of jobs amid $7 billion in spending cuts

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The company, which in April said it was confident prices would return to $90 a barrel in three years, on Thursday said that “today’s oil price downturn could last for several years.”

(Kamil Porembinski/Flickr)

Fire at La Porte pipeline facility is out

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The fire, which erupted Tuesday morning, was extinguished by the afternoon, but the facility remains shut down.
Categories: Accidents
A NASA Global Hawk robotic jet is stored in a hangar at Dryden Flight Research Center in Edwards Air Force Base, Calif. The Federal Aviation Administration announced six states on Monday Dec. 30, 2013, that will develop test sites for drones, including one in Texas. (AP Photo/John Antczak, File)

New drone testing sites could boost oil industry use (video)

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A Federal Aviation Administration decision to permit testing of drones in Texas and at sites throughout the country will open the door to more use of unmanned aircraft by oil companies.

A fire from a train derailment burns uncontrollably as seen in this aerial photograph Monday, Dec. 30, 2013, west of Casselton, N.D. (AP Photo/The Forum, Michael Vosburg)

Rail explosions won’t curb soaring oil shipments

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The derailment of a train carrying oil in North Dakota on Monday, and the subsequent evacuations caused by its explosion, could draw more regulatory scrutiny to rail shipments of crude. But the soaring use of trains to move oil is a long-term trend that is not likely to change soon, analysts say.
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

North Dakota poised for another hiring blitz

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The Bakken Shale is driving another hiring surge in North Dakota, with one oil field services company planning to hire 300 new workers by the spring, according to the Bismark Tribune.
Categories: Texas, Workforce
The Marine Response Alliance now is based in Houston.

Marine emergency group relocates HQ to Houston

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The Marine Response Alliance has moved it headquarters from Pompano, Fla., to a facility near Bush Intercontinental Airport.
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This year’s gas prices cheapest since 2010

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American drivers paid less at the pump in 2013 than in the two previous years, a relief after record high pump prices, AAA said in a report Tuesday.
Categories: Gasoline
Turbines at Pattern Energy's Gulf Wind project in Kenedy County, Texas are silhouetted by a sunset. (Pattern Energy)

Wind tax credit expires at midnight

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The stroke of midnight will mark not just the end of 2013, but also the death of a popular tax credit that has helped finance wind farms and other renewable energy projects across the U.S.
Categories: Politics/Policy, Wind