Fuel Fix

Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.

Anadarko Petroleum cuts dividend 81 percent

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Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)
The cut will save the company $450 million annually.
(Andrew Burton/Getty Images)

IEA: Oil glut could still grow in second half of 2016

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The 13-member OPEC raised its daily output by 280,000 barrels in January as Saudi Arabia, Iran and Iraq bolstered production.

Data scandal threatens EU-US trade talks

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European lawmaker says claims of mass data gathering by the National Security Agency could strengthen demands over data protection
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Chinese miners at mercy of Ghana crackdown

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Thousands of Chinese miners who travelled to west Africa in search of gold face an uncertain future and even fears for their safety
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Tech Talk – Concerns over Future Oil Production from Iraq

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Let me begin with two brief apologies – first, my last post on Iraq on TOD was hit with a vast quantity of spam that made it difficult to find all the pertinent comments; hopefully this post will have a little easier time. And secondly, although I u…
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Drumbeat: June 8, 2013

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OPEC’s slipping grasp on the world’s oil market
At OPEC’s home base in Vienna last week, Saudi Arabia’s powerful oil minister, Ali al-Naimi, played down the impact of the light, sweet crude that is gushing in record volumes from beneath North …
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Sectarian splits fuel fears of Syrian spillover

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A narrative of looming regional religious war in the Middle East is too simplistic a portrayal of far more complex political dynamics at play
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Silicon Valley rooted in US military

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Leaks highlight ties between US military and Silicon Valley that have evolved to produce technologies from chips for missiles to data-mining software
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Microsoft gets flak from core Xbox gamers

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Gamers have been critical of the first new console in eight years, attacking everything from its design to restrictions on how they can play with friends
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Apple designer to showcase new vision

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Unveiling will be the first big test for Sir Jonathan Ive as chief software designer. New iOS expected to include a sleeker and simpler look.
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(AFP PHOTO / ALEXANDER KLEIN/Getty Images)

US shale boom putting OPEC on the defense

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OPEC’s weakening grip on international oil markets is causing a lot of head scratching and hand wringing among countries that aren’t used to not getting their way. “I imagine some members of OPEC may be flipping out over shale oil,” Morningstar analyst Jason Stevens said.

Fresh data highlight sluggish China growth

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Raft of May indicators shows economy heading for its second straight quarterly slowdown, putting pressure on Beijing to do more to bolster faltering economic growth
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Mandela spends second night in hospital

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The revered 94-year-old former president of South Africa, who has been in hospital three times since December, is in ‘serious but stable condition’
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Koreas hold first talks in two years

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Representatives of Pyongyang and Seoul meet at the border post of Panmujom in a prelude to possible ministerial-level dialogue this week
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