Category: featured

Saudis reject talk of OPEC market share war as oil slides

Brent crude futures plunged below $80 yesterday for the first time since September 2010 on concern OPEC is in no hurry to halt a four-month slide in prices.  More »

Dow Chemical to sell off even more assets

Dow Chemical executives on Wednesday announced plans to sell off even more assets in the next two years, continuing a push to streamline operations and pull back from products that no longer fit within the company’s business strategy.  More »

Phillips 66 to sell refining stake in Asia for $635M

Phillips 66 is ending its ties to its refining business in Asia with a deal announced Wednesday to sell its 47-percent stake in a Malaysian refinery for $635 million in cash.  More »

Feds declare Gunnison Sage-Grouse ‘threatened’

The Obama administration on Wednesday formally declared the Gunnison Sage-Grouse a “threatened” species, in effect ruling that years of efforts to protect the showy bird and its Colorado habitat weren’t good enough to ensure its long-term survival.  More »

Saudi Arabia leads OPEC cuts before meeting

Brent crude futures, used to price more than half the world’s oil, traded near a four-year low Wednesday on speculation that OPEC’s biggest members will refrain from paring output to drain a global surplus.  More »

Anadarko ranked as the Top Workplace among large companies

Three of the top five workplaces for 2014 were energy companies.  More »

OPEC’s choice in Vienna meeting will determine role in new oil order

The Organization of Petroleum Exporting Countries could reassert control by cutting output, ceding more market share to U.S. shale oil producers.  More »

Freeport LNG holds groundbreaking ceremony

The first construction will build two liquefaction trains, which will cool natural gas until it becomes a liquid more suitable for shipping overseas.  More »

Photos: Amid shale oil boom, “man camps” still growing

Life has changed quickly for the small towns at the center of the shale oil boom  More »

In final hours, Coloradans work to avert ‘threatened’ ruling on bird

State and local officials are pleading with the Fish and Wildlife Service to decide an Endangered Species Act listing is “not warranted” for the bird, ahead of a court-mandated Nov. 12 deadline.  More »

Texas Railroad Commission to continue drill permits in Denton

The chairwoman of a state agency that regulates oil and gas in Texas says she’s disappointed that Denton residents passed a measure to ban further hydraulic fracturing.  More »

Sharper satellite images could give energy industry a better view

The president of Spatial Energy says approval from the U.S. government to sell higher resolution images could mean a lot more business for the company.  More »
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