EnergyWatch

News from the Houston Chronicle energy team
Interior Secretary Sally Jewell (Andrew Harrer/Bloomberg)

Feds work through millions of comments on fracking rules

Interior Secretary Sally Jewell says regulators are working through more than a million public comments before proposing rules governing hydraulic fracturing on federal land.  More »
(Image: Fotolia)

Anadarko ends long legal battle with multibillion-dollar settlement

Anadarko Petroleum said Thursday it has agreed to pay creditors and government officials $5.15 billion to settle a half-decade of legal battles over allegations that a subsidiary had improperly transferred environmental liabilities to a spin-off company nine years ago.  More »
Inside The Eagle Ford Shale Oil Conference

Weatherford moving to Ireland as Swiss executive pay rules change

The board of Geneva-based oil field service firm Weatherford International has voted to shift its corporate headquarters to Ireland later this year, six months after the Swiss government handed investors authority to rein in top-drawer executive pay.  More »
EnerVest Barnett 1

Gallup: US public supports opening federal land for oil exploration

Public opinion supports opening federal land for oil exploration, but generally prefers energy policy focused on conservation, according to a Gallup poll released Wednesday.  More »
Texas Solar Outfitters installs solar panels in a newly constructed home located in the Dominion Falls subdivision in Humble, Texas.

Report: Clean energy investments drop globally

Global investment in clean energy technology fell 11 percent to $254 billion last year, according to a new study released Thursday by the Pew Charitable Trusts.  More »
A rig in Colorado drills a well for natural gas that will be released using hydraulic fracturing. (AP Photo/Brennan Linsley)

Long-term investors should be wary of rapidly declining energy assets, PE investor warns

In the last three decades, up to three-quarters of all upstream companies have “destroyed shareholder value,” yet Wall Street investors prize some wonky metrics over the inevitable: Oil-producing assets, especially in shale plays, decline quickly and are often costly to replace, a private equity investor said Wednesday.  More »
Site preparation has already begun for construction of Chevron Phillips Chemical’s new ethane cracker at its Baytown facility. (Chevron Phillips Chemical)

Chevron Phillips Chemical breaks ground on ethane cracker

BAYTOWN — Chevron Phillips Chemical Co. broke ground — ceremonially, at least — on the first component of a $6 billion expansion Wednesday that executives say could be transformational for the company.  More »
John Kingston, news director at Platts, speaks about threats to U.S. oil drilling during the sixth annual S&P Capital IQ Energy Symposium in downtown Houston. (Collin Eaton/Houston Chronicle)

Panel: Colliding well bores, export ban threaten booming US drilling

In the past two years, souped-up rigs have spun wells into U.S. soil faster than ever, but limited water supplies and other looming challenges threaten to constrain future drilling investments, industry observers said Wednesday.  More »
Tankers in the Houston Ship Channel. (Billy Smith II/Houston Chronicle)

Energy industry leaders clash over oil exports

Pocketbook issues are emerging as a major factor in the debate over exporting U.S. crude.  More »
A boat passes a refinery standing along the Houston Ship Channel in Houston, Texas, U.S., on Thursday, Jan. 30, 2014.  (Scott Dalton/Bloomberg)

US slashes net energy imports as refiners ship fuels overseas

The United States cut its net energy imports in 2013 to their lowest level in more than two decades, measured by energy content, according to the U.S. Energy Information Administration.  More »
An oil worker makes adjustments to increase a well's production. (AP Photo/Hasan Jamali)

Economists: Energy industry growth slowing, could hit Houston economy

Experts on Houston’s energy economy say the oil and gas industry is facing a slowdown that will affect job growth, mirroring the tempered outlook energy executives showed in a recent survey.  More »
Dr. Alemayeho M. Deressa is from Ethiopia and is in Liberia through the Baylor Global Health Corp. - Chevron Ltd. Partnership. He provides training to medical students, interns, residents, medical officers and serves as a consultant pediatrician at JFK Medical Center in Liberia.

Drillers and doctors join forces to find oil and save babies

Chevron and other oil companies develop social responsibility plans as a way to integrate into countries where they work. But critics say the approach skirts deeper problems in developing nations.  More »