EnergyWatch

News from the Houston Chronicle energy team
A natural gas well in the  Greater Natural Buttes (Photo: Anadarko)

Legal questions raised on NY’s gas-drilling rules

New York proposes gas-drilling rules that would place large areas off-limits to gas drilling.  More »
The Strategic Petroleum Reserve  site in Freeport uses salt domes underground to store the oil. (Houston Chronicle file photo)

15 companies snare crude from reserve

Traders, oil refiners and a pipeline operator are among the 15 companies buying 30.6 million barrels of crude from the United States’ emergency stockpiles, the Energy Department announced Monday.  More »
(Photo: Michael Henninger/Pittsburgh Post-Gazette)

W. Va. study raises questions about fracking fluid

A new U.S. Forest Service report says fracking fluid from a drilling operation in West Virginia killed ground vegetation within days and more than half the trees within two years.  More »
(AP Photo)

Houston-based Dynegy Inc. seeks $1.7 billion in loans to restructure existing debt

Dynegy Inc. plans to meet with potential lenders today to obtain $1.7 billion in restructuring loans.  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Chesapeake Energy to spend $1 billion on natural gas technology

Chesapeake Energy plans to invest $1 billion over the next 10 years in technologies aimed at spurring demand for natural gas.  More »
Photo: Don Hankins/Flickr

Hedge funds raise gasoline bets as prices slide

Hedge funds raised bullish bets on gasoline on speculation that 27 days of price declines would jumpstart demand.  More »
Natural gas is pumped from a well at the Beaumont Municipal Airport. (AP Photo/Pat Sullivan)

Vanguard Natural buying rest of Encore Energy

Oil and gas company Vanguard Natural Resources is buying the rest of Encore Energy for stock worth about $538 million, officials said Monday.  More »
A visitor to a Toyota exhibition hall examines a 2010 Prius hybrid. (AP file photo/Shuji Kajiyama)

Fuel efficient cars losing value as gas prices ease

Values of compacts, subcompacts and other gas-saving cars and trucks are expected to decline by 15 percent by year end after peaking in May, when gas prices nationwide hit an average $3.97 a gallon.  More »
The existing Keystone oil pipeline is constructed in North Dakota.   (Photo courtesy of TransCanada)

Oil pipeline firm too optimistic on spills

Engineering professor warns TransCanada has been overly optimistic about impact of spills along proposed Keystone XL.  More »
King of Oil Marc Rich Chinese Cover

Oil trader Marc Rich may make it to the Big Screen

Marc Rich, the Godfather of modern oil markets may have his story told on the Silver Screen, with famed director/producer Ron Howard close to getting rights to a book about him.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |07.11.11|

Making the most of drilling ban. BP draws the line. Canada’s got oil, but who’s buying?  More »
20110627_Chevron_JAN_03

Chevron uses Gulf slowdown to boost deep-water drilling odds

Some energy producers have used the lull in drilling activity in the Gulf of Mexico since the BP oil spill to shore up exploration plans and ensure they’re focused on the best targets. Chevron Corp., the largest leaseholder in the Gulf, is a prime example.  More »
ACC_Color_Logo_250x180

New plastics trade group targets environment, industry image

The North American Plastics Alliance will promote environmentally friendly handling of plastic and a better public understanding of the material’s benefits.  More »
(Image: Fotolia)

W&T Offshore sues Apache, says company took its oil

W&T said Apache failed to account for nearly $10 million worth of hydrocarbons that it was contracted to process from W&T wells.  More »
(AP file photo/Matt Rourke)

Up at the pump

The price at the pump rose slightly in Houston and nationwide.  More »