EnergyWatch

News from the Houston Chronicle energy team
(Jeff Pachoud/AFP/Getty)

Ending ban on oil exports would mean cheaper gasoline, energy executive says

ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.  More »
(BILLY SMITH II/STAFF)

Enbridge avoids U.S. review with plan to boost oil sands flow

The State Department, responsible for approving cross-border energy projects like the Alberta Clipper and the proposed Keystone XL line to the U.S. Gulf Coast, said in a statement that Enbridge can go forward with its plan under authority granted by previously issued permits.  More »
(stockyimages)

Dynegy to acquire power assets for $6.25 billion

Two years after emerging from bankruptcy protection, Houston’s Dynegy Inc. is planning to pay $6.25 billion to nearly double its coal and gas-fired generating capacity in two separate deals for Midwestern and Northeastern power plants.  More »
Plains All American Pipeline displays its company logo on storage tanks at the crude oil hub in Cushing, Okla. (Plains All American)

Plains All American to build pipeline from Cushing to Memphis

Houston-based Plains All American Pipeline LP said Thursday it plans to build a pipeline that would deliver as much as 200,000 barrels a day of crude oil to Valero’s Memphis plant when it’s completed in late 2016.  More »
Rig hands thread together drilling pipe at a hydraulic fracturing site owned by EQT Corp. located atop the Marcellus shale rock formation in Washington Township, Pennsylvania. (Ty Wright/Bloomberg)

Industry looks to develop better methane monitors

A partnership between the energy industry and an environmental group is developing technology that could help reduce the prevalence of harmful methane emissions.  More »
NASA marks South Texas well sites in an aerial photo of Texas at night. (NASA image)

UT study to look at economic potential of Mexican shale

Thomas Tunstall, research director of the UTSA Institute for Economic Development, said the group plans to start a study of the Burgos Basin in Mexico.  More »
Maersk Developer platform in Gulf of Mexico

Maersk Oil to lay off a fourth of Houston staff

Diminishing returns in Brazil and the Gulf of Mexico have pushed Maersk Oil to cut a quarter of the jobs at its Houston office.  More »
Houston-based Blue Dolphin Energy's refinery in Nixon 54 miles east of San Antonio gets all its crude from the nearby Eagle Ford Shale.

Eagle Ford wave lifts Blue Dolphin Energy refinery

Houston-based Blue Dolphin Energy is turning a p;rofit on a refinery east of San Antonio that gets all its feedstock from the Eagle Ford Shale.  More »
Endicott was the first continuously producing offshore field in the Arctic and located about 3 miles offshore on Alaska’s North Slope.  (BP)

Voters go with oil companies in fight over Alaska taxes

Alaskans narrowly defeated an effort to repeal an industry-friendly oil tax regime adopted last year.  More »
David Lawler was named CEO of BP's U.S. lower 48 onshore business on Wednesday, August 20.

BP names CEO of U.S. onshore business

BP has tapped David Lawler, a former top executive at an independent oil producer, to lead the U.S. onshore unit it plans to separate early next year.  More »
Flares like this one in North Dakota burning off excess natural gas  might be less frequent if a new company successfully develops its process for turning methane into gasoline.  (Daniel Acker/Bloomberg)

Saudi Aramco invests $30 million in methane-to-gasoline startup

Siluria Technologies has received $100 million investment in its effort to develop a more efficient process for making gasoline from methane–the main component of natural gas, which is so plentiful in the United States now that some is burned off in flares because it isn’t marketable.  More »
Berkshire Hathaway Chairman and CEO Warren Buffett uses a super large bat as he plays table tennis against junior champion Ariel Hsing, outside the Berkshire-owned Borsheim's jewelry store, in Omaha, Neb., Sunday, May 2, 2010. Tens of thousands came to Omaha over the weekend to take part in the annual Berkshire Hathaway shareholders meeting.(AP Photo/Nati Harnik)

Warren Buffett pulls back on oil company investments

Warren Buffett showed the energy industry his gloomy side in the second quarter.  More »
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