News from the Houston Chronicle energy team
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

North Dakota governor rejects call for session on oil boom

Republican Gov. Jack Dalrymple on Monday rejected a plea by Democrats for a special legislative session to address funding problems tied to western North Dakota’s oil boom.  More »
The Supreme Court held that the EPA may require power plants to reduce emissions that reach neighboring states. (AP file photo)

High court upholds emissions rule Texas and others challenged

The Supreme Court upheld an EPA rule requiring aging power plants to reduce emissions that cross state lines. Texas was among states challenging the rule.  More »
(Bill Montgomery/Houston Chronicle)

Bankruptcy won’t hit Texas power customers

TXU Energy is expected to operate as usual despite a bankruptcy filing.  More »

Texas power company files for bankruptcy

Tuesday’s filing in Delaware is the result of months of wrangling among creditors, owners and management, and represents the failure of a bet that natural-gas prices would rise enough to justify the $48 billion price.  More »
(Matthew Lloyd/Bloomberg)

BP’s first-quarter profits drop as assets sold

BP’s profit fell 79 percent in the first quarter, a year after a massive haul from the sale of its stake in TNK-BP to Russia’s state-owned oil giant Rosneft.  More »
(Kamil Porembinski/Flickr)

Small fire burns at Wyoming gas plant after blast

A small fire burned at a western Wyoming natural gas processing plant Monday, five days after an explosion forced the evacuation of a nearby town and shut down the facility.  More »
Cheniere Energy CEO Charif Souki (Photo by Sonja Y. Foster/Bloomberg)

CEO sees pay package more than double

The CEO of Cheniere Energy may keep his claim to the highest pay package of any energy executive in Houston – at least on paper.  More »
BP Deepwater Horizon drilling rig

Justice Dept.: Shielding Transocean docs could threaten Gulf spill report

A U.S. attorney on Monday urged a federal appeals court to reject Transocean’s challenge to subpoenas for documents linked to the 2010 Gulf of Mexico oil spill, arguing they are pivotal for a regulatory report on the disaster due in June.  More »
Energy Transfer Partners logo

Energy Transfer Partners buys Stripes operator for $1.8B

Dallas-based Energy Transfer Partners will pay $1.8 billion for the company that operates the Stripes convenience store chain, which has 630 locations across Texas, New Mexico and Oklahoma.  More »
Cheniere Energy's terminal on the Louisana side of Sabine Pass, south of Port Arthur. (Cheniere Energy)

Companies face hurdles to export US natural gas

Dozens of facilities have been proposed to liquefy and export natural gas, but most will never become reality. Here are some of the furthest along in the process, listed by the order in which they obtained the export permits.  More »
(AP Photo/Lynne Sladky)

Chevron banks on Mideast oil for Calif. refinery

Chevron Corp. plans to run higher- sulfur Alaskan and Middle Eastern crudes when it completes work at Northern California’s largest refinery in 2016, not the Bakken oil helping spur the U.S. path to energy independence.  More »
frame full of pink slips, layoff notices, etc.

Weatherford mum on how layoffs affect Houston

One of the region’s largest employers is cutting nearly 10 percent of its workforce, but company officials won’t say how many of those cuts will occur in the city or even the United States.  More »