EnergyWatch

News from the Houston Chronicle energy team
Fracking-Texas

Texas towns test oil and gas supremacy on fracking

A Texas hamlet shaken by its first recorded earthquake last year and hundreds since then is among communities now taking steps to challenge the oil and gas industry’s traditional supremacy over the right to frack.  More »
Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Ibrahim Naimi speaks to journalists at OPEC's meeting in Vienna. (AP Photo/Ronald Zak)

Oil tumbles below $65 as OPEC seen failing to slow shale

OPEC last week resisted calls from members including Venezuela, Iran and Iraq to reduce its production target of 30 million barrels a day at a meeting in Vienna.  More »
Improvements in oil field technology have made production more efficient.  (Julia Schmalz/Bloomberg)

Oil companies produce more for less as crude prices fall

Because of improved drilling and completion efficiencies that lower production costs, some oil companies will produce more next year even as they cut spending amid falling crude prices.  More »
Siemens CEO Joe Kaeser (Getty Images)

Q&A: Siemens boss charged up about oil field electricity

The CEO of German engineering conglomerate Siemens spokes with FuelFix about Siemens’ recent purchase of Houston-based equipment maker Dresser-Rand, and about the U.S. business landscape.  More »
The Jones Act requires that cargo shipped between U.S. ports travels on U.S. built, owned and operated vessels. (American Maritime Partnership photo)

Decades-old laws figure in oil export debate

Refiners say a century-old rule protecting American shipping will benefit overseas refining competitors if the U.S. starts exporting crude.  More »
Yellow oil barrels

OPEC decision creates “new world of oil”

The oil industry and consumers are watching crude markets after OPEC decided not to cut supplies.  More »
Memers of theOrganization of the Petroleum States meet Thursday at OPEC headquarters in Vienna. AFP PHOTO/SAMUEL KUBANISAMUEL KUBANI/AFP/Getty Images

Crude drops as OPEC stays course

Crude oil prices fell $5 a barrel Thursday as OPEC ministers meeting in Vienna decided not to cut production.  More »
Martin Houston Parallax Energy

Former BG exec hopes to win big with small LNG

Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities.  More »
Kinder Morgan Inc.'s 180 terminals include this one in Pasadena. (Photo: Kinder Morgan Inc.)

It’s official: Kinder Morgan’s all one company

Kinder Morgan Inc. has completed acquisition of three related companies.  More »
A worker climbs to the drilling cabin on a Nabors rig. (Nathan Lindstrom/For the Houston Chronicle)

C&J Energy starts 30-day search for alternative buyers

C&J Energy Services has hired Morgan Stanley investment bankers to launch its court-ordered effort to solicit offers to potential buyers of the company, the Houston oil field service firm said Wednesday.  More »
(Matthew Lloyd/Bloomberg)

Deepwater Horizon damages paid with almost no error, audit shows

The Deepwater Horizon claims office that BP has painted as the source of hundreds of millions in unjust and fictitious payments actually has dispersed damage awards with a 99.5 percent accuracy rate, according to an audit released in court papers Tuesday.  More »
Environmental activists gather outside the White House as they continue a civil disobedience campaign against the proposed Keystone XL pipeline that would carry oil from Canada to the Gulf Coast. (AP Photo/J. Scott Applewhite)

TransCanada drops PR firm that recommended controversial tactics

Edelman plan calls for the company to pressure its opponents by “distracting them from their mission and causing them to redirect their resources,”  More »
AUSTRIA-OPEC-COMMODITIES-ENERGY-OIL

What OPEC’s Thanksgiving meeting means for U.S. producers

The group will decide Thursday whether to maintain its current production quota of 30 million barrels of oil per day or reduce that figure in an effort to boost crude oil prices.  More »
opec

OPEC timeline: War, terror punctuate annual Vienna meetings

The Organization of Petroleum Exporting Countries has had a tumultuous 54-year history.  More »
(AFP PHOTO / ALEXANDER KLEINALEXANDER KLEIN/AFP/GettyImages)

10 things to know about OPEC’s big meeting on Thursday

The cartel’s meeting on Thursday could be one of the most consequential in years for the oil and gas industry and global politics.  More »