EnergyWatch

News from the Houston Chronicle energy team
A rig drills in the Marcellus shale, in joint venture project between Chesapeake and Statoil. (Helge Hansen / Statoil)

Magnum Hunter issues $150M in stock to private investor

Oil and gas producer Magnum Hunter announced the sale of $150 million of its common stock to investors as part of a plan to fund a new rig and acreage in the Marcellus and Utica Shales.  More »
(AP photo)

EU eyes plan to diversify energy but no easy fixes

The European Union’s executive has proposed a strategy to secure the bloc’s energy supplies — and notably reduce its reliance on Russia — by seeking new supplies from the Caspian Sea, the Mediterranean, and increasing use of transportable Liquefied Natural Gas, or LNG.  More »
The first shipment of liquefied natural gas prepares to leave for Japan at Port Moresby, Papua New Guinea. The first shipment of liquefied natural gas from a landmark $19 billion project in Papua New Guinea has left for Japan. (Exxon Mobil PNG Limited)

ExxonMobil makes first LNG shipment from Papua New Guinea

ExxonMobil Corp. says it’s made its first shipment of liquefied natural gas from a $19 billion project in Papua New Guinea.  More »
A crane stands next to Petroleos Mexicanos (Pemex) signage displayed on the company's La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug.30, 2013.  (Susana Gonzalez/Bloomberg)

Mexico’s oil production fell 25 percent in last decade, EIA says

Mexico’s sweeping energy reforms could curb a 25-percent free-fall in oil production the nation has seen over the past decade, the Energy Information Administration said in a report Tuesday.  More »
Turbines at Pattern Energy's Gulf Wind project in Kenedy County, Texas are silhouetted by a sunset. (Pattern Energy)

Wind giant Texas stands tall as rule change looms

Depending on how the Environmental Protection Agency writes the new rules on power plant emissions, states such as Texas and California that have embraced renewable power or boosted their gas use may not have far to go to meet the mandates.  More »
exxonlogo

Exxon LNG project in talks with Asia customers on spot sales

Exxon Mobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, is talking to customers in Asia about selling cargoes on the spot market.  More »
In a photo provided by Tokyo Electric Power Co., underground water is being released into the ocean through a piping at Fukushima Dai-ichi nuclear plant in northern Japan May 21, 2014. The crippled nuclear power plant has begun releasing groundwater from the least contaminated areas of the facility into the ocean so it does not run into contaminated areas and create more toxic water amid storage space limitations. (AP Photo/Tokyo Electric Power Co. )

US plants prepare long-term nuclear waste storage

Nuclear power plants across the United States are building or expanding storage facilities to hold their spent fuel — radioactive waste that by now was supposed to be on its way to a national dump.  More »
(Sanchez Energy)

Q&A: Sanchez Energy rides cost-cutting to growth

One of the most influential people working at Sanchez Energy Corp. isn’t from the oil industry. He’s from General Motors, the largest U.S. auto maker and a company that has become fixated on finding new process efficiencies to help drive profits.  More »
Jason Leif, a partner in the Houston office of the Jones Day law firm, has been elected president of the Energy Bar Association. ( J. Patric Schneider / For the Chronicle )

Q&A: Energy boom means plenty of work for lawyers

Jason Leif, a partner in the Houston office of the Jones Day law firm, was elected recently as president of the Energy Bar Association. He discussed the legal side of energy with FuelFix.  More »
Retired school teacher Elaine Doudna joins about 20 other protesters outside City Hall in downtown Colorado Springs, Colo., as they speak out against fracking for oil and gas in El Paso County before a city council meeting. "It's something I really, really feel strong about, " Doudna said. Citizen fears about hydraulic fracturing, a drilling procedure used to pry oil and gas from rock deep underground, have made "fracking" the hottest political question in Colorado. Opposition to fracking has also surfaced in Idaho, New Mexico, Utah and Wyoming. (AP Photo/The Gazette, Christian Murdock, File)

Houston companies join fracking fray in Colorado

Anadarko Petroleum Corp. and Noble Energy Inc. are pumping campaign money into a state where pumping oil and gas is central to their portfolios, and where energy industry critics are pushing for new restrictions.  More »
Houston Chronicle business columnist Chris Tomlinson. ( Smiley N. Pool / Houston Chronicle )

Tomlinson tackles energy issues in new Houston Chronicle column

The Houston Chronicle’s new business columnist Chris Tomlinson has been tackling some of the energy industry’s biggest challenges since joining the staff earlier this month  More »
ExxonMobil CEO Rex Tillerson (left) talks to Russian Prime Minister Vladimir Putin during a  signing ceremony in Russia in 2011. (AP photo/RIA Novosti, Alexei Druzhinin, pool)

Exxon extends Russia partnership despite sanctions

Exxon Mobil Corp. extended its partnership with Russia’s state-controlled oil company even as U.S. and European nations threaten additional sanctions to punish Vladimir Putin’s regime for its actions in Ukraine.  More »
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