EnergyWatch

News from the Houston Chronicle energy team
Workers clean up the 4,000 barrels of crude oil Saturday, Oct. 18, 2014, that spilled in Tete Bayou northwest of Shreveport, La. Sunoco Logistics, operator of the Mid-Valley Pipeline, has responded with more than 250 personnel to the site to contain and recover the oil, which entered Tete Bayou but did not reach Caddo Lake. (AP Photo/The Shreveport Times, Henrietta Wildsmith)

Officials say oil spill has not reached Caddo Lake

Officials said Saturday that the oil has been contained without reaching Caddo Lake, which straddles the Texas-Louisiana state line and provides drinking water for some water systems.  More »
Ram Sunkara

Q&A: Small generators pose big challenge to utilities

“Distributed generation” — or power generators installed at or near the sites they serve — threaten to shake up the electricity sector as we know. Attorney Ram Sunkara discusses how the industry will have to adapt to the new technology.  More »
Visitors And Attractions At The Niagara Falls State Park As Tourism Rises

Lawyers to debate $590 million Houston transmission project

State regulators could decide as soon as next month whether a proposed $590 million transmission line to the Houston area will be allowed to move forward.  More »
A Swift Energy Co. production facility in Lake Washington off the Louisiana coast. (Swift Energy Co.)

Investor says Swift Energy needs to cut debt

Swift Energy’s debt has ballooned to nearly $1.2 billion and has shareholders nervous.  More »
Emilio Lozoya, chief executive officer of Petroleos Mexicanos (Pemex) (Susana Gonzalez/Bloomberg)

Pacific Rubiales signs pact with Pemex for Mexican foray

Pacific Rubiales Energy Corp. signed an agreement with Petroleos Mexicanos to study oil and natural gas ventures as Mexico opens up its energy industries to private investment for the first time in 76 years.  More »
(Photo: Frontline Ltd. via Bloomberg)

Oil tankers to China jump to nine-month high amid crude rout

The number of supertankers sailing toward China’s ports surged to a nine-month high amid speculation an oil-price slump is encouraging the world’s second-biggest crude importer to accelerate purchases.  More »
(SAMAD/AFP/Getty Images)

U.S. stocks rally on stimulus signs as energy shares jump

U.S. stocks rallied, trimming this week’s decline, as earnings beat estimates, consumer confidence reached a seven-year high and investors speculated that central banks will add more economic stimulus.  More »
Schlumberger CEO Paal Kibsgaard (credit: Schlumberger)

Schlumberger CEO: Oil will recover, spur E&P spending

The slow but steady global economic recovery is still intact, and absolute oil demand has changed little despite fears of oversupply that have sent crude prices hurtling downward in recent days, Schlumberger’s chief executive told investors on Friday.  More »
(AP file photo/Mark Lennihan)

Shale boom helping American consumers like never before

The drop in crude has pulled retail gasoline down more than 50 cents a gallon from the year’s high in April.  More »
(AP file photo/Mark Lennihan)

WTI rebound above $80 holds as Goldman Sachs sees no oil glut

West Texas Intermediate is heading for its biggest one-day gain in a month.  More »
David (left) and Charles Koch.

Oil industry execs among donors to Koch brothers super PAC

The Koch brothers have long kept the donors to their political causes secret, but rules governing a new super PAC they formed require that the backers be made public.  More »
A sign at the entrance to the Schlumberger campus in Sugar Land, Texas (AP Photo/Pat Sullivan, file)

Schlumberger profit jumps 13.6 percent

Schlumberger profits jumped 13.6 percent in the third quarter as sales in North America and in its production segment picked up.  More »
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