Exit

Calif. oil regulator resigns

on
A top California oil and gas regulator has resigned amid questions about oilfield contamination of the state’s water supplies, officials confirmed Friday.
Columbia Pipeline Group

PennTex Midstream IPO the latest for MLP investors

on
The deal is the latest feather in the cap for Natural Gas Partners, a private equity group that has invested roughly $16.5 billion since it was founded in 1988.
Senior project engineer Andy Aronson, left, and operations engineer Joel Vincent examine equipment at the Siluria Technologies plant in La Porte, where the company is testing processes it says could reduce the costs of making chemical building blocks and motor fuels from natural gas
Siluria Technologies at Braskem chemical plant on Friday March 27, 2015 in La Porte, Texas. 

Photo by Aaron M. Sprecher

Brazil’s biggest petrochem company considering Gulf Coast for massive natural gas project

on
The factory would produce at least 1 billion pounds (450,000 metric tons) of resin a year and would be the U.S. polypropylene industry’s first world-scale project in about 12 years, said Mark Nikolich, a vice president at Braskem.
Trimac Transportation driver Robert Williams used the liquified natural gas lane to fill his truck at the Flying J truck stop on I-10 East in Baytown Thursday Aug. 23, 2012.(Dave Rossman/For the Chronicle)

Natural gas could dent demand for oil as transportation fuel

on
HOUSTON — The surge in liquefied natural gas as a transportation fuel for truck fleets and ships could displace oil demand by more than 1.5 million barrels a day by 2030, according to a new study by IHS Energy. While 1.5 million barrels of oil may not seem like a large chunk of the 93.6 […]
(Spectra Energy)

Houston company’s pipeline in Arkansas River ruptures, releases natural gas

on
U.S. Coast Guard spokesman Jonathan Lally said the section of the river, which is near Arkansas’ busiest airport, will remain closed until Spectra Energy Corp. crews can identify what caused the leak.
(Lucas Schifres/Bloomberg)

Methane emissions threaten to undermine natural gas offensive

on
Exxon Mobil Corp., Chevron Corp., Royal Dutch Shell Plc, Total SA and BP Plc CEOs spoke in favor of using natural gas that would supplant dirtier coal-fired power. Demand for the energy is seen outpacing oil over the coming decades.
Rex Tillerson, chairman, president, and CEO of ExxonMobil Corp. ( Johnny Hanson / Houston Chronicle )

Exxon CEO touts climate benefits of shale gas

on
European oil companies including Royal Dutch Shell Plc, BP Plc and Total SA are promoting gas as a way to limit the growth of emissions blamed for climate change. They have also called for a price on carbon dioxide.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Big Oil’s plan to become Big Gas

on
With almost 200 nations set to hammer out a binding pact on carbon emissions in December, fossil-fuel companies led by Royal Dutch Shell Plc and Total SA say they’re refocusing on gas as a cleaner alternative to the cheap coal that now dominates electricity generation worldwide.
An ethylene unit shown at the Chevron Phillips Chemical Company's Cedar Bayou Plant, 9500 I-10 East, Tuesday, June 5, 2012, in Baytown. ( Melissa Phillip / Houston Chronicle )

Chevron, Phillips 66 joint venture may have a second natural gas “megaproject” in the works

on
The Houston-based company has led a wave of new U.S. facilities that make ethylene, used in plastics to polyester. Plants that use low cost gas from shale formations will help U.S. production of basic chemicals increase for the next four years, starting with a 3.1 percent rise this year and peaking at 6 percent in 2018.
Patrick Pouyanné, CEO of French oil company Total, speaks at the IHS Energy CERAWeek in Houston. (Billy Smith II / Houston Chronicle)

European Big Oil opens schism on climate with U.S. rivals

on
“It’s clear that the subject isn’t viewed in the same way on both sides of the Atlantic,” Total SA Chief Executive Officer Patrick Pouyanne, one of the signatories, said on Monday at a press conference in Paris. “We are working with those who come forward.”