Keep lease sale in OCS plan, Mid-Atlantic House members urge Jewell

Three US House Republicans from Mid-Atlantic coastal states asked US Interior Sec. Sally Jewell to keep all of the proposed area for an oil and gas lease sale off their states in the next 5-year US Outer Continental Shelf management program. Source: News


Big losses reported in 4Q 2015 on writedowns, low oil prices

Weighed by lower commodity prices and asset impairments, a sample of 59 US-based oil and gas producers and refiners posted combined net losses of $39.98 billion in fourth-quarter 2015 compared with earnings of $9.56 billion in the same quarter a year earlier. Source: News


Heat and health

When federal agencies warn about “premature death,” Americans should hide their rainy-day funds. Gloomy officials never leave other people’s money alone. Source: News


Spring, color, wisdom

Spring has officially sprung in Houston, and as happens every year for many of us, the signs of her arrival stir a strange sense of feeling torn between hopeful assurance about the sweetness of the days ahead but utter misery over the price our allergies will pay before those days are here. Source: News


Fire hits LyondellBasell’s Houston refinery

Houston Refining LP, a wholly owned subsidiary of LyondellBasell Industries NV, has reported a fire at its 268,000-b/d full-conversion Houston refinery on the Houston Ship Channel. Source: News