(Photo by Eddie Seal for Bloomberg News)

U.S. oil rig count jumps up by a dozen, the first increase in 2015

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The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.
(Lucas Schifres/Bloomberg)

Bullish inventory data boosts natural gas prices

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Benchmark natural gas futures, for delivery at Louisiana’s Henry Hub, opened slightly higher and held onto gains through Thursday.
An LNG tanker (Tomohiro Ohsumi/Bloomberg)

Enbridge takes 5 percent stake in planned offshore LNG project

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Houston’s Fairwood Peninsula Energy Corp. said Wednesday the pipeline company had purchased the small stake and agreed to assist in the development of its Delfin LNG project.
CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I jumps on $1.5 billion Houston petrochem project with Oxy

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The ethylene cracker project is being constructed by Occidental’s OxyChem subsidiary and Mexichem in the Ingleside Ethylene joint venture near Corpus Christi.
NRG Energy Inc. Vice President Nuclear Oversight, James von Suskil speaks during a scheduled refueling outage on Unit 2 at the South Texas Project nuclear power facility Thursday, April 2, 2015, in Wadsworth.
(James Nielsen / Houston Chronicle)

Some Texas power companies already spent billions on EPA compliance, before Supreme Court ruling

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Many companies have already spent the money to retrofit or shut down the coal-fired power plants that were most affected. Other Texas power companies rely more on natural gas or nuclear power and actually supported the Environmental Protection Agency rule that went into effect in April.
Supporters of a successful effort in 2012 to renationalize Argentina's largest oil company, YPF, wave flags. (AP Photo/Natacha Pisarenko)

Argentina, China ripe for more shale development, EIA says

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Outside of North America, Argentina and China are the only two nations that are producing commercial quantities of natural gas trapped in deep-seated shale formations, and they both have the capacity to grow their output substantially, the U.S. Energy Information Administration said in a report Friday.
Rigs stacked at a business 20 miles west of Farm-To-Market Road 1788 photographed Tuesday, Feb. 24, 2015. (AP Photo/Reporter-Telegram, James Durbin)

Total rig count finally rises, but oil rigs are down again

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The rise in rigs drilling for natural gas increased by five for the week, which was more than the loss of three oil rigs from last week, according to data from oil services provider Baker Hughes.
Construction of the Enbridge Crude Oil Pipeline In Illinois

Debate intensifies over the nation’s gas pipeline needs

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The AEE report claimed that the existing and planned natural gas infrastructure can handle the increased demand created by the so-called, federal Clean Power Plan, which would lead to the further reduced reliance on coal power.
(Lucas Schifres/Bloomberg)

Natural gas prices buoyed by another strong storage report

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The gain came after U.S. Energy Information Administration data showed that commercial stores of natural gas rose by 75 billion cubic feet for the week ending June 19.
(Photographer: Patrick Semansky/Bloomberg)

Petrochemical growth may keep Houston out of oil-related recession

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West Houston, with white-collar oil and gas jobs in the Energy Corridor, and the Galleria area will suffer more, while the more blue-collar East Houston workforce would be better off in the short term, the report contends.