EnergyWatch

News from the Houston Chronicle energy team
Alamo Tube Co. is building a new pipe mill at Alamo Junction Rail Park south of San Antonio.

New pipe mill near San Antonio will serve Eagle Ford

Alamo Tube Co. is building a new pipe mill at Alamo Junction Rail Park in the San Antonio suburb of Elmendorf.  More »
Apache Corp. headquarters, 2000 Post Oak Blvd

Apache attempts to reassure investors about N. American focus

In response to complaints from an activist hedge fund, Houston-based Apache Corp. said it will continue to focus more closely on North American onshore exploration and production.  More »
Colombia produced about 969,000 barrels per day of oil in 2012 according to the U.S. Energy Information Administration.

Ambassador: Colombia won’t be deterred by attacks on oil infrastructure

Colombia’s ambassador to the United States said the country is not experiencing a dramatic decline in energy production this year despite rebel attacks on oil and gas pipelines and facilities.  More »
sraeli soldiers kneel during a drill near the Israel and Gaza border, Tuesday. Israeli airstrikes pummeled a wide range of targets in the Gaza Strip on Tuesday as the U.N. chief and the U.S. secretary of state began an intensive effort to end more than two weeks of fighting that has killed hundreds of Palestinians and dozens of Israelis.(AP Photo/Dusan Vranic)

Geopolitical tensions seen keeping oil prices high

U.S. benchmark crude fell 17 cents to $104.42 a barrel.  More »
(Clean Energy Fuels)

Natural gas vote leaves fueling stations without standard

A group of statue regulators failed to agree on a standard for selling liquefied natural gas by its equivalence to a gallon of diesel fuel.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

University Fund gets a boost from Texas oil production

A fund that directs state oil royalties to Texas A&M and the University of Texas is approaching $1 billion in revenue for this year.  More »
(AP Photo/Lynne Sladky)

Chevron’s $1.4 billion base oil facility comes online in Mississippi

Chevron Corp. has begun production of motor oil and industrial equipment lubricants at a $1.4 billion facility in Pascagoula, Miss.  More »
Halliburton workers are shown at a natural gas drilling site near Ponder, Texas. (Donna McWilliam/AP)

North American production bolsters Halliburton profits 21 percent

Halliburton cleared a 21 percent profit boost in the second quarter as demand for oil production equipment climbed in North America and drills kept spinning in the eastern hemisphere, the company said Monday.  More »
(stockyimages)

TETRA’s gas compression arm to make $825M acquisition

A unit of TETRA Technologies said Sunday it will pay $825 million for a West Texas firm that owns one of the largest fleets of natural gas compressors in the nation.  More »
(Image: Fotolia)

Case shows perils of standard language in non-binding deals

A lawsuit over a pipeline dispute could affect how companies draw up documents for preliminary partnership agreements.  More »
(Andrey Rudakov/Bloomberg)

Shell, Exxon Mobil employees aboard downed flight

Employees of Royal Dutch Shell and Exxon Mobil Corp. were aboard the Maylasia Airlines flight that crashed in eastern Ukraine Thursday.  More »
Schlumberger CEO Paal Kibsgaard (credit: Schlumberger)

Schlumberger reports profit drop amid overall sales growth

Schlumberger’s profit fell 24 percent in the second quarter despite a revenue increase.  More »
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