Fuel Fix

(ALEXANDER KLEIN/AFP/Getty Images

OPEC split on need for long-term oil-price forecasts

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The disagreement reflects internal divisions over whether OPEC policy should focus on prices or the stability of the oil market.

OPEC split on need for long-term oil-price forecasts

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(ALEXANDER KLEIN/AFP/Getty Images
The disagreement reflects internal divisions over whether OPEC policy should focus on prices or the stability of the oil market.
Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

ConocoPhillips to cut 10 percent of global workforce

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ConocoPhillips said Tuesday it is planning to cut roughly 1,800 employees, or 10 percent of its global workforce, in the next several weeks as it deals with low oil prices.

(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.
(AP Photo/Patrick Semansky)

2 crew members injured after pipeline ruptures in Gulf

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The cause of the rupture is under investigation.
In this March 31, 2015 photo, a supply vessel crosses an oil sheen drifting from the site of the former Taylor Energy oil rig in the Gulf of Mexico, off the coast of Louisiana. The New Orleans-based company has downplayed the leak's environmental impact, likening it to scores of minor spills and natural seeps that the Gulf routinely absorbs. (AP Photo/Gerald Herbert)

Details on fight against decade-long Gulf oil spill to be released under court deal

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Details about a chronic oil leak in the Gulf of Mexico will be disclosed as part of the settlement agreement between Taylor Energy and environmental groups.

Commentary: Crude swept along with the improving mood in global markets

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To celebrate Pee Wee Herman’s 63rd birthday, markets are having their own big adventure today. Overnight equity markets have been racing higher, catching up with yesterday’s effervescent rally in the US. Just as we saw a vicious cycle of selling earlier in the week, positive sentiment is traveling across the time zones like a game […]
Categories: General
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.
Protesters in kayaks paddle out to meet the Arctic offshore oil rig Polar Pioneer piggybacked atop the cargo deck vessel Blue Marlin as it arrives at Port Angeles, Wash., on  April 17.  (Keith Thorpe/The Peninsula Daily News via AP)

Native Alaskans tout Arctic energy development before president’s visit

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An advertisement airing on Alaska television asks President Barack Obama to keep supporting Arctic energy development.
Categories: Arctic, Politics/Policy
schlumberger quanta geo

Schlumberger will still be biggest following Cameron deal

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Schlumberger, with $48.6 billion in revenue in 2014, will still be the biggest oil field services company in the world after its deal with Cameron closes.