EnergyWatch

News from the Houston Chronicle energy team
MEXICAN ARMY GUARDS PEMEX INSTALATIONS AND REFINERIES

Pemex loses bid to recover stolen gas proceeds from Shell, BASF

A Houston federal judge threw out the claims last year after finding Mexico’s national oil company waited too long to pursue U.S. buyers of its stolen natural gas liquids.  More »
Smoke and flames erupt from the scene of a train derailment Thursday, March 5, 2015, near Galena, Ill. A BNSF Railway freight train loaded with crude oil derailed around 1:20 p.m. in a rural area where the Galena River meets the Mississippi, said Jo Daviess County Sheriff's Sgt. Mike Moser. (AP Photo/Telegraph Herald, Mike Burley)

Train carrying Bakken crude derails, burns in Illinois

The derailment occurred 3 miles south of Galena in a wooded and hilly area that is a major tourist attraction and the home of former President Ulysses S. Grant.  More »
(Apache Corp.)

BP signs $12B deal to develop Egypt gas field

BP said in a statement Friday that the investment is “a vote of confidence in Egypt’s investment climate.”  More »
Smoke erupts from the scene of a train derailment Thursday, March 5, 2015, near Galena, Ill. A BNSF Railway freight train loaded with crude oil derailed. (AP Photo/Telegraph Herald, Jessica Reilly)

BNSF freight train with crude oil derails near Illinois city

According to railroad officials, the train derailed around 1:20 p.m. Thursday in a rural area where the Galena River meets the Mississippi.  More »
A very large smokestack flare burns off flammable product after an explosion in a processing facility at the ExxonMobil refinery in Torrance, Calif. on Wednesday, Feb. 18, 2015. A small ground fire was quickly extinguished and the facility's flare system was triggered for safety reasons. Two workers suffered minor injuries. (AP Photo/Daily Breeze, Chuck Bennett)

California State Senate holds hearing in Torrance on refinery explosion

Refinery owner Exxon Mobil officials, first-responders and representatives of government environmental agencies were scheduled to appear at the public hearing at Torrance City Hall.  More »
(Kevin Cederstrom/AP)

Nearly 19,000 gallons of saltwater spills north of Tioga

The pipeline owned by Continental Resources ruptured after it was struck by equipment excavating at the site about 16 miles north of Tioga.  More »
The former Exxon Mobil-owned Bayway Refinery in Linden, N.J. ConocoPhillips now operates the plant. Photographer: Daniel Acker/Bloomberg

New Jersey officially announces $225 million Exxon Mobil settlement

Acting Attorney General John J. Hoffman said the settlement over refinery sites in Linden and Bayonne is separate from Exxon Mobil’s obligation to clean up the sites at its own expense.  More »
Photographer: Daniel Acker/Bloomberg

Kinder Morgan IDs shippers for planned natural gas pipeline

The pipeline’s capacity is from 1.2 billion to 2.2 billion cubic feet of gas per day.  More »
(Cody Duty/Houston Chronicle)

Steelworkers fire back over unfair labor practice charges

The National Right to Work Foundation is providing legal help to three employees of LyondellBasell who filed unfair labor practice charges against the union.  More »
Photographer: Daniel Acker/Bloomberg

Statoil agrees to pay $2 million for illegal well in North Dakota

Authorities say the well was drilled in December 2011 on unleased federal land about two weeks after Statoil Oil & Gas Services Inc. acquired Brigham Oil & Gas L.P.  More »
BIG GAME FISHING

Cal Dive files for chapter 11 bankruptcy protection

The Houston firm said this week it is set to sell off its least important assets and plans to either reorganize or sell its main subsea contracting business, which helps oil companies maintain offshore production platforms and pipelines.  More »
A man walks back to his temporary housing unit outside of Willisburg, N.D. With what many are calling the largest oil boom in recent North American history, temporary housing for the huge influx of workers, known as "man camps, " now dot the sparse North Dakota landscape. (AP Photo/Gregory Bull)

Oil bust threatens mortgage-backed securities in Wall Street-funded shale towns

Wall Street analysts are poring over commercial-mortgage backed securities for signs of distress as the oil crash weighs on demand for real estate in energy hubs.  More »
Photographer: Tomohiro Ohsumi/Bloomberg

Goldman sees LNG as biggest commodity after crude this year

The U.S. will supply more LNG in the next several years, giving Asia, the biggest consuming region, more bargaining power, the analysts said.  More »
(AP Photo/Hussein Malla, File)

Libya says 11 oil fields non-operational after Islamic State attacks

The National Oil Corporation blamed authorities in the Libyan-capital of Tripoli, set up by Islamist-backed militias, for failing to protect the oil fields.  More »
A worker switches well heads at the site of a natural gas hydraulic fracturing and extraction operation. (AP Photo/Brennan Linsley)

Local communities standing against and for fracking

While some local communities have been fighting to keep fracking outside their borders, a group of towns in New York have been debating whether to ditch the state for frack friendly Pennsylvania.  More »