EnergyWatch

News from the Houston Chronicle energy team
IRAQ-UNREST

Five things to know about how Iraq’s turmoil affects oil markets

Sarah Haggas, an expert on the Middle East region for the energy team at consulting firm IHS, explains what you need to know about how turmoil in Iraq by militant group ISIS is affecting the energy sector.  More »
Workers install equipment at a natural gas plant in the Mont Belvieu, Texas complex, May 1, 2007. (Brett Coomer/Chronicle)

Rumored Targa deal a bust, but firm is ripe for buyout

The rumored $15 billion deal for control of a Houston natural gas pipeline operator never got past the initial talks, Targa Resources said after its shares soared on reports it was closing in on a sale.  More »
IMG_0152

Photos: At sea with Shell and the landmark Mars B project

Shell Oil Company has touted the project, expected to produce more than 100,000 barrels of oil a day at its peak, as one of its most important startups this year.  More »
(dustball/Flickr)

Hacker group claims launch of cyberattacks on global energy companies

A network of hackers called AnonGhost says it has launched a barrage of cyberattacks on international energy companies Friday, in a political strike against the widespread use of U.S. currency in oil trades, especially in Middle Eastern states.  More »
Wind and solar may account for about half of Germany’s generation capacity by 2020, from 37 percent in 2013, according to data from Bryan, Garnier & Co. (Krisztian Bocsi/Bloomberg)

Rice touts advancement in solar cell technique

Researchers at Rice University they’ve discovered a way to simplify the process used to make solar cell components, which could make the technology less expensive to produce.  More »
IraqOil

Report: Most Iraq oil production unaffected by turmoil

Most of Iraq’s oil production has been unaffected by militant violence, according a report by analysts at IHS.  More »
Russell Girsh motions to his driller to turn the equipment on at an oil rig near Watford City, N.D. (AP Photo/Williston Herald, Jerry Burnes, File)

US oil spending could hit $165B on global conflicts, report says

Oil and gas producers could boost their annual spending to $165 billion in the United States as conflicts in Iraq and elsewhere send crude prices higher, according to a report released by Barclays on Wednesday.  More »
A pumpjack operates at the Inglewood oil field in Los Angeles. (Patrick T. Fallon/Bloomberg)

Deloitte: OPEC influence waning as US shale surges

Over the next five or six years, surging shale-oil production in the United States could cut deep into the Organization of Petroleum Exporting Countries’ influence over global oil prices, a new report says.  More »
(Houston Chronicle file photo)

Poll: Majority supports Obama’s climate change rules on power plants

More than two-thirds of U.S. adults support the Obama administration’s proposed restrictions on power plant emissions, according to an NBC News/Wall Street Journal survey released Wednesday.  More »
Aerial view shows  the petrochemical refinery complex in Deer Park. (AP Photo/David J. Phillip)

Shale’s bounty ignites US petrochemical export boom

Cheap, abundant U.S. shale gas will soon find its way to a new market: The flood of people moving from the countryside to dense cities in developing corners of the world.  More »
IRAQ-UNREST

Report: Two major oil companies evacuating Iraq

ExxonMobil officials are not commenting on reports that the company has evacuated from Iraq amid growing instability brought on by militants.  More »
Paul Perea

Lawyer joins Tudor, Pickering, Holt as director, general counsel

Paul Perea, moving to Tudor, Pickering, Holt & Co. from Baker Botts, is the first to hold the title of general counsel at TPH.  More »