Chron Energy Newslinks | 07.31.09 | KBR swings for the fences, cash for clunkers on the ropes?

Exxon and Shell both report big drops in profits, but one just shrugs while the other plans more cuts.

Apache rolls strong with record production numbers.

Teppco profits down on volumes (buy so it goes for everyone else). And the good people of Decatur Co., Tenn. get to talk about a new Teppco terminal.

• “Cash for clunkers” is working! But maybe too well, and could be put on hold.

Senate energy and water bill may slow down administration agenda.

KBR is aggressively chasing new business despite missing out on some big contracts.

Iraq wants to revive its national oil company.

• They import Gulf of Mexico support facilty at Port Fourchon in La. is a sitting duck to the next storm as its protective sand banks erode.

Anadarko has a good GOM discovery.

Chesapeake may cut production in the near future. You mean they haven’t yet?