EnergyWatch

News from the Houston Chronicle energy team
Work crews work at the Kinder Morgan's BOSTCO storage terminals at the Houston Ship Channel on Monday, May 19, 2014, in La Porte. ( J. Patric Schneider / For the Chronicle )

Kinder Morgan to unite a house divided in $44 billion deal

Kinder Morgan Inc. will acquire three publicly traded subsidiaries in a $44 billion deal combining the components of the giant Houston-based pipeline empire.  More »
A pro-Keystone XL ad from the American Petroleum Institute.

Study: Keystone carbon pollution more than figured

The much-debated Keystone XL pipeline could produce four times more global warming pollution than the State Department calculated earlier this year, a new study concludes.  More »
LLOG Exploration Co.'s "Delta House" floating production system will eventually connect to a pair of oil fields named after characters from the 1978 comedy "Animal House." (LLOG).

Gulf oil field names follow quirky, creative system

As drilling activity has increased in the Gulf of Mexico over the decades, geologists have had to push the envelope and develop even more distinct labels for their finds  More »
President Vladimir Putin. (AP Photo/RIA-Novosti, Alexei Druzhinin, Presidential Press Service)

Russia starts drilling its northernmost oil well

The Russian-American project comes despite deteriorating relations between Washington and Moscow over the crisis in Ukraine, in which each side has hit the other with sanctions.  More »
pemexlogo

One killed in Pemex refinery fire

At least four accidents have occurred at the Ciudad Madero refinery this year, including a fire at a storage tank on July 22 that injured nine Pemex workers.  More »
Houston-based Magnum Resources Corp. announced it plans to relocate to the Dallas area. (Flickr/dph1110)

Magnum Hunter to move from Houston to Dallas

HOUSTON — Magnum Hunter Resources Corp., the Houston-based exploration and production company, will move its corporate headquarters to Dallas around the end of the year, the company announced this week. The company also said it will consolidate its accounting office based in Grapevine, a suburb of Dallas, into its new corporate headquarters. Chairman and CEO Gary […]  More »
Vladimir Putin, Russia's president. (Andrey Rudakov/Bloomberg)

Exxon drilling Russian Arctic shows oil sanctions lack bite

After more than two years’ planning Exxon and its partner OAO Rosneft, Russia’s state oil producer, will start drilling the Universitetskaya prospect tomorrow, the Kremlin said in a statement Friday.  More »
Private oil companies soon could partner with Mexico's Pemex on operations like this in the Bay of Campeche. (Susana Gonzalez photo/Bloomberg)

Mexico’s new energy rules could bring profits and problems

Private oil companies will look carefully before they leap into Mexico’s new energy environment.  More »
(Toby Talbot/AP)

Insurance industry changes with energy industry

Newer areas for insurance companies to cover include shale gas, wind turbines and transporting oil by railroads, a speaker said at the Independent Insurance Agents of Houston Energy Symposium.  More »
A new solar-diesel powered disaster relief vehicle and 26-foot trailer is put on display at Reliant Center Tuesday, June 18, 2013, in Houston. The vehicle is designed to deliver immediate power, emergency shelter, access to news and information and Wi-Fi internet connectivity to those in need. ( Brett Coomer / Houston Chronicle )

NRG reports $97 million loss as it outlines reorganization

NRG Energy Inc. suffered a $97 million in the second quarter, the company reported Thursday as it outlined plans to reorganize.  More »
AUSTRIA-OPEC-COMMODITIES-ENERGY-OIL

Insurance agents need to learn about energy, too

The first part of the day revolved on world events and their influence – perceived or real – on the oil industry as well as increasing U.S. oil production and what that means for OPEC.  More »
A drilling rig in the Utica Shale. (Chesapeake)

McClendon’s American Energy, Regency to build $500M Utica pipeline

A $500 million pipeline planned for next year could carry natural gas from Aubrey McClendon’s growing web of gas wells in Ohio to the Gulf Coast and several mid-western and southern states.  More »