Keystone XL developer drops landowner lawsuits in Nebraska

The developer of the Keystone XL pipeline is shifting course in Nebraska and will withdraw lawsuits seeking to gain access to the property of landowners who oppose the project, the company announced Tuesday.
Midstream companies including Kinder Morgan, which operates this processing facility in Galena Park, are taking a hit in the stock market as oil prices fall. (Chronicle photo)

Midstream stocks slammed again

An index that tracks 50 large midstream companies has fallen 11 percent this week.
(Jerry Lara/San Antonio Express News)

Wind, solar causing “upheaval” for utilities, San Antonio power exec says

Utility companies in Texas and beyond must adjust for the future or fade into oblivion, said Cris Eugster, chief generation and strategy officer for San Antonio’s integrated utility company, called CPS Energy.
Flames shoot up from a rapidly spreading wildfire south of Linden, Texas. Firefighters gained ground Wednesday against one of the most destructive wildfires in Texas history even as the number of homes lost reached almost 800, and an elite search team set out to find any victims in the smoking ruins. (AP Photo/ The Texarkana Gazette, Adam Sacasa)

Calpine estimates $35 million in damages, lost revenue from wildfires

Earlier in September, Calpine reported that five of the cooling towers were destroyed or damaged at its 14 geothermal power plants in the complex known as The Geysers. The repairs are expected to last six to 12 months, Calpine announced Monday.

US drilling states guided on handling quakes

The 150-page report, produced by the StatesFirst initiative, represents perhaps the most candid discussion on the topic since tremors across the mid-continent — including in Oklahoma, Texas, Colorado and Ohio — began being linked to fracking and deep-injection wastewater disposal around 2009.
Wind farm

Commentary: New technologies push clean energy boundaries

Innovative systems of collecting energy from the environment are pushing the boundaries of the current renewable energy landscape, fueling the growth of the market and overall acceptance of green energy as a form of energy production. From pocket-sized wind turbines to solar-paneled bike paths, the green energy movement is reaching new heights of innovative technologies […]

Houston-based Kraton will buy larger rival for $1.37 billion

Arizona Chemical, which is based in Jacksonville, Florida, makes chemicals used in crude oil production, adhesives, tires, fuel additives and more.
Categories: Chemicals, Deals, General
Dave Lesar,center, chairman and CEO of Halliburton, rings the Opening Bell at the New York Stock Exchange (NYSE) on November 18, 2014 in New York City. (Photo by Spencer Platt/Getty Images)

Halliburton, Baker Hughes announce additional divestitures

Halliburton and Baker Hughes Inc. announced plans Monday to sell off additional businesses to gain regulatory approval for their $35 billion merger.
(Energy Transfer)

Energy Transfer to buy Williams in $32.9 billion deal

The Williams Cos. said Monday it will accept an offer from rival Energy Transfer, ending months of tortuous negotiation with a $32.9 billion deal.
Categories: General
A  2010 file photo shows a sign at a BP  station in London. (AP Photo/Alastair Grant, File)

BP has big defense against hostile takeover attempt

potential buyer might be forced to accelerate the payment of up to two thirds of the $18.7 billion in penalties the company agreed to pay the U.S. and several states, according to company filings. As it stands, BP has more than 15 years.