EnergyWatch

News from the Houston Chronicle energy team
French energy giant Total CEO, Christophe de Margerie addressing reporters during a press conference in Paris, France. (AP Photo/Christophe Ena, File)

Death of Total CEO: Reactions from oil industry, French leaders

France’s politicians and oil-industry leaders offered their condolences after the death of Christophe de Margerie, 63, chief executive officer of Total SA, the nation’s largest oil company.  More »
European Union Energy Commissioner Guenther Oettinger attends a news conference in Berlin, Friday, Sept. 26, 2014. Trilateral gas talks between the European Union, Russia and Ukraine about gas supply from Russia for Europe during the upcoming winter take place in the German capital. (AP Photo/Markus Schreiber)

Ukraine fighting batters truce before gas talks begin

Talks aimed at ensuring Russian natural gas deliveries to Ukraine this winter are being held with the European Union in Brussels today as fighting continues.  More »
Salym Petroleum Development NV Gas And Oil Operations

Oil at $80 a barrel muffles forecasts for U.S. shale boom

The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth.  More »
TOTAL S. A. CEO Christophe de Margerie speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Total CEO dies in plane crash

Christophe de Margerie and three others died in Moscow when the CEO’s private jet collided with a snowplow who’s driver was drunk, Russian investigators said.  More »
(SAMAD/AFP/Getty Images)

WTI crude oil seen supported near $75 a barrel

Prices have tumbled more 20 percent from their June peak, meeting a common definition of a bear market.  More »
The Deepwater Horizon oil rig burned in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

Supreme Court denies Louisiana lawsuits against BP

The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.  More »
( Jason Alden/Bloomberg)

Louisiana utility company to be bought for $3.4 billion

Investors led by Australia’s Macquarie Group Ltd. agreed to buy Louisiana utility Cleco Corp. for $3.4 billion in cash, attracted by the steady, long-term returns of regulated power assets.  More »
Oil at $80 a barrel won't cast a shadow on most drilling in the Eagle Ford Shale, above, or other unconventional oil operations, analysts say. (Jerry Lara/San Antonio Express News)

Oil price could bite companies whose production made it cheaper

The companies that helped turn around the domestic oil supply situation now face lower profits because crude’s become so plentiful it’s getting cheaper.  More »
In this March 29, 2013  photo, workers tend to a well head during a hydraulic fracturing operation at a gas well  in Colorado.  (AP photo/Brennan Linsley)

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »
photo via Royal Dutch Shell

Shell Midstream launches IPO

Royal Dutch Shell’s midstream partnership launched its initial public offering in New York Monday, the company announced Monday.  More »
(AP Photo/Charles Krupa)

Wisconsin man to bike Enbridge pipeline path in protest

The 80-year-old man is biking through counties where the Canada-based company’s crude oil Pipeline 61 could be built.  More »
(StockMonkeys.com/Flickr)

Hedge funds cut bullish bets on crude as prices tumble

Crude is now trading in a bear market, underpinned by speculation that OPEC members are favoring market share over prices.  More »
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