Upstream Oil and Gas Activities

Alaska governor launches bid to measure oil in Arctic refuge

2013-05-20 14:46:00

For decades, war has been waged over the holy grail of America's Arctic frontier, the Arctic National Wildlife Refuge. The wide coastal plain on the edge of the Beaufort Sea contains stunning populations of caribou, grizzly, musk oxen and other wildlife...

Obama tries to steer attention back to jobs

2013-05-17 17:41:00

WASHINGTON — President Obama said Friday he wanted to put more Americans to work by slashing the amount of time it takes to grant federal approval for big job-creating projects. But Obama's choice of venue for his remarks — a Baltimore...

Keystone XL looms as Obama wants to cut delays on big projects

2013-05-17 13:47:00

WASHINGTON — President Obama said Friday he wanted to put more Americans back to work by slashing the amount of time it takes to grant federal approval for big job-creating projects. But Obama’s choice of venue for his remarks of a...

Tesoro gets state and federal clearance to buy BP's Arco assets

2013-05-17 14:09:00

State and federal authorities cleared the way Friday for Tesoro Corp. to buy BP's Carson refinery, the Arco brand and other assets, and the Texas oil giant agreed to California restrictions on prices, jobs and retrofits to protect the environment. The...

Tesoro is cleared to buy BP's Carson refinery, Arco stations

2013-05-17 18:30:00

Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players — Tesoro and...

Justice for Carousel

2013-05-16 13:56:00

Royalene Fernandez thought her dream had come true when she bought her house on Panama Avenue in Carson. Palm trees lined the street just a few miles from the beach. Royalene and her husband had saved every dime to buy their home and were thrilled when...

Lawmakers test Brown's no-tax resolve with calls to hike levies

2013-05-15 16:45:00

SACRAMENTO — Releasing his latest budget plan this week, Gov. Jerry Brown repeated his assurance that the tax hikes voters agreed to last fall were enough, that he won't ask them to dig deeper into their pockets any time soon. "We just got a...

Stock market rises back into record territory

2013-05-14 14:48:00

The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. Small business owners were slightly more optimistic in April,...

Obama, Mexico leader to avoid hot topics, at least publicly

2013-05-01 18:30:00

WASHINGTON — President Obama will seek to cement relations with Mexico's new president, Enrique Pe�a Nieto, over the next two days with vows of neighborly kinship and future cooperation. But the true test of their ability to work together may be...

Record exports mean U.S. summer gasoline prices won't be much lower

2013-05-08 10:19:00

Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas. That's behind what would normally just be a good news...

Chevron profit down 4.5% on lower oil prices

2013-04-26 06:50:27

Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output fell. Chevron, the second largest U.S. oil company, has seen better profit margins than the other energy majors in recent years because a big part of...

Stock spotlight: Occidental Petroleum seeks stability at the top

2013-04-15 00:00:00

The nation's fourth biggest oil company, Occidental Petroleum Corp., is primarily involved in oil and natural gas exploration and production. It is also a major manufacturer of oil-related chemicals. The Westwood company said its domestic production...

South Bend Tribune/JAMES BROSHER Theri Niemier looks out of a barn stall towards a nearby area of her property that will house an underground oil pipeline on Friday, Feb. 8, 2013, at Bertrand Farm near Niles, Mich.

2013-03-02 00:00:00

Protesters gather at the National Mall in Washington last month to oppose the Keystone XL oil pipeline. A draft of a new State Department review says the project's effect on the environment would be minimal.

2013-03-01 00:00:00

Firefighters belonging to the Tacubaya sector and workers dig for survivors after an explosion at an adjacent building to the executive tower of Mexico's state-owned oil company PEMEX, in Mexico City, Thursday.

2013-01-31 17:12:00