Fuel Fix

Exxon Mobil CEO Rex Tillerson

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Categories: Crude oil, featured
Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
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

Oil CEOs’ grim outlook rubs off on speculators fleeing market

on
Categories: Crude oil, featured
Exxon Mobil CEO Rex Tillerson
Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
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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Lower prices cost oil and gas giant Exxon Mobil’s upstream business $4.5 billion, the company said.
Categories: Crude oil, featured
(StockMonkeys.com)

Quantum Energy company sells Anadarko Basin assets for $336M

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Quantum Energy Partners said Tuesday one of its portfolio companies closed a deal to sell liquids-rich assets in the Anadarko Basin for $336 million.
Categories: Deals
Google bicycles stand outside of the Google campus in Mountain View, Calif.  (AP Photo/Jeff Chiu, File)

Tech titans beat energy companies as best places to work

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The energy industry made a respectable showing on Glassdoor’s 2014 ranking of the nation’s best places to work, released this month. But none of Houston’s oil giants cracked the top 50.
Categories: featured, Workforce

The sun begins to rise over Nantucket Sound in Mashpee, Mass., where the Cape Wind off-shore wind turbine power generation project won approval for construction. (AP Photo/Julia Cumes, File)

Siemens to supply $2.6B US offshore wind plant

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Siemens AG, Europe’s biggest engineering company, agreed to supply turbines to the $2.6 billion Cape Wind project, the first offshore wind farm planned in the U.S.
Categories: Offshore, Wind
A massive fire from a PG&E pipeline explosion roars through a mostly residential neighborhood in San Bruno, Calif. in Sept. 2010. (AP Photo/Paul Sakuma, File)

Regulator refunds utility’s fine for pipeline explosion

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California regulators have refunded $375,000 to Pacific Gas and Electric Co. over concerns the fine payment could jeopardize a potentially larger penalty against the utility for the deadly San Bruno pipeline explosion, a newspaper reported.
Categories: Accidents, Legal issues
Photo: Richard Bartz

Wind farm eagle deaths overestimated, company says

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The developers of what could become the nation’s largest wind energy project say the U.S. Bureau of Land Management has overestimated how many eagles could be killed by wind turbines at the site.
Categories: Environment, Wind
(AP Photo/Nam Y. Huh)

Hyundai, Kia to pay millions in fuel settlement

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Hyundai and its sister company Kia said Monday that they will pay up to $395 million to consumers as part of a proposed settlement over overstated gas mileage.
(AP Photo/Charlie Riedel)

Retail gasoline prices up slightly across Texas

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Retail gasoline prices across Texas have risen slightly as drivers take to the roads for the holiday season.
Categories: Gasoline