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.”

( Kevin Fujii / Chronicle )

Company won’t be fined for pipeline without permit

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A company that operated a natural gas pipeline for more than two years without a permit will not be fined by the state Public Service Commission.
Categories: Legal issues, Pipelines
William Epling, a chemical and biomolecular engineering professor at the University of Houston and president of the Greater Houston Natural Gas Vehicle Association, in a UH laboratory. (Photo:  Thomas Campbell-University of Houston)

Houston group seeks to put US on the road to natural gas

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Natural gas companies are trying to get more people using their fuel in cars and trucks, and the University of Houston is helping them out.

TransCanada chief executive Russ Girling  speaks at the company's investor day in Toronto. (SeongJoon Cho/Bloomberg)

Obama will approve Keystone XL pipeline, CEO says (video)

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Rejecting TransCanada Corp. (TRP)’s $5.4 billion Keystone XL pipeline due to carbon emissions in the oil sands would set a precedent for all U.S. infrastructure projects, Chief Executive Officer Russ Girling said.
Work continues at Denbury Resources' Tinsley Facility in Tinsley, Miss. Denbury Resources hopes to bring new life to old oil fields by pumping in carbon dioxide to force additional oil to the surface.  (AP Photo/Rogelio V. Solis)

To clean up coal, Obama pushes more oil production

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America’s newest and cleanest coal-fired power plant comes with a catch: The heat-trapping carbon dioxide removed from its smokestack pollution will help force more oil out of the ground.
(Fotolia for Frances)

Phishing still hooks energy workers

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Energy companies are beginning to view cybersecurity in the same way that they view physical safety. The push comes after repeated reports that energy companies are among the most targeted by hackers.
Categories: Premium, Safety/Security
Soldiers of the East Africa Response Force (EARF), a Djibouti-based joint team assigned to Combined Joint Task Force-Horn of Africa, depart from a U.S. Air Force C-130 Hercules in Juba, South Sudan. Gunfire hit three U.S. military CV-22 Osprey aircraft Saturday, Dec. 21, 2013 trying to evacuate American citizens in Bor, the capital of the remote region of Jonglei state in South Sudan, that on Saturday became a battle ground between South Sudan's military and renegade troops. (AP Photo/U.S. Air Force, Tech. Sgt. Micah Theurich)

Rebels hold key oil capital in South Sudan

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South Sudan’s central government lost control of the capital of a key oil-producing state on Sunday, the military said, as renegade forces loyal to a former deputy president seized more territory in fighting that has raised fears of full-blown civil war in the world’s newest country.
Categories: Africa, Safety/Security
Money Roll

Free! A (small) slice of Eagle Ford mineral rights

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If you’ve been missing out on this whole oil boom thing that’s happening in South Texas, the new Shiner Landing development is offering a chance to win some Eagle Ford Shale mineral rights. OK, so it’s a small amount of minerals.