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RigNet to buy energy business of Immarsat

Houston’s RigNet, which provides remote communications services and products to the oil and gas industry, said this week it will buy the energy broadband business of Immarsat.  More »

Pena Nieto bill opts for Mexico oil sharing pacts

Mexican President Enrique Pena Nieto will probably seek to amend key articles of the constitution to break the nation’s state monopoly on oil exploration and production, ruling party lawmaker Javier Trevino said.  More »

Chevron’s 2Q profit falls on lower oil prices, refinery work

The results mirrored lower profit at Exxon Mobil and Shell, and they also lagged Wall Street expectations.  More »

Tesoro’s earnings drop 41 percent

The San Antonio-based based independent refiner said its net income fell to $227 million, or $1.64 a share, compared with net income of $387 million, or $2.75 a share, for the second quarter of 2012.  More »

Moniz: Feds ‘working hard’ on LNG export proposals

Energy Secretary Ernest Moniz insisted Thursday that the Obama administration is “working hard” to evaluate companies’ bids to broadly export U.S. natural gas, amid criticism that the process is taking so long it could prevent America from competing globally.  More »

Chevron fined $284,000 for pollution law violations

Chevron has agreed to pay a $284,000 fine and help buy four clean-running school buses after inspectors found pollution law violations at a Salt Lake City refinery.  More »

The energy’s renewable; sustaining the cash is up to you

Choice Energy Services, a Houston-based retail energy consultant and broker, has signed a 10-year deal to provide renewable power to run BBVA Compass bank branches and ATMs.  More »

Apache sees earnings gain

Apache Corp. reported second-quarter earnings of $1 billion or $2.54 per share, compared to $337 million or 86 cents per share a year earlier.  More »

Production rise gives ConocoPhillips a strong second quarter

ConocoPhillips boosted its production more than expected, helping it post strong earnings for the second quarter of 2013.  More »

CenterPoint, OGE partnership dubbed Enable Midstream Partners

The principal office for the executive management team is expected to be in Oklahoma City. The main offices for the gathering and processing leadership team will be in Oklahoma City, while the main offices for the interstate pipeline operations will be in Houston.  More »

Deepwater Wind LLC wins auction for first U.S. offshore wind leases

The closely held company, which is backed by the hedge fund D.E. Shaw & Co., plans to put 200 turbines in the water with a capacity of 1,000 megawatts, according to a statement. Construction could begin in 2017, and power production in 2018, the Providence, Rhode Island-based company said.  More »

George Mitchell honored on floor of U.S. House

U.S. Rep. Randy Weber, R-Friendswood, honored George Mitchell, who died Friday at the age of 94, on the floor of the U.S. House of Representatives.  More »