EnergyWatch

News from the Houston Chronicle energy team
Shell's refinery in Deer Park. (Houston Chronicle: John Everett)

Book: Cheapest places to retire include Houston-area refinery towns

Some of the area’s refining cities are touted as inexpensive places to retire in a new book.  More »
(AP file photo/Paul Sakuma)

Shell says profits doubled due to higher oil prices

Net income increased to $7 billion from $3.5 billion a year earlier thanks to higher oil prices, although overall production fell 2 percent.  More »
Luminant's Big Brown coal power plant (AP photo)

Electric utilities, state official heading to D.C. to testify on air pollution rule

Susana N. Hildebrand, chief engineer for the Texas Commission on Environmental Quality, is among those who will speak at a hearing Friday on proposed revisions to the Cross-State Air Pollution Rule. The state of Texas has sued the EPA to block the rule.  More »

Investors look ahead to ConocoPhillips split

Net income dropped, but analysts and investors have their eyes on ConocoPhillips’ upcoming refining/E&P split.  More »
(AP file photo/Sue Ogrocki)

Indian refining giant to bid for Valero, British newspaper says

An energy and manufacturing conglomerate based in India is set to make a bid for San Antonio refiner Valero Energy Corp., a British newspaper reported Wednesday.  More »
(Image: Fotolia)

Crude closes at $90.20, down $2.97

Crude oil dropped the most in more than three weeks after a government report showed a larger-than- projected gain in U.S. stockpiles and amid concern that European debt-crisis talks are stalling.  More »
(Photo: Mobility, Flickr)

Energy Department to stress funding for carbon capture, use and storage absent climate legislation, official says

The Department of Energy will emphasize funding for carbon capture, sequestration and utilization research and projects as a way to “move the needle” on climate change in the coming decade in the absence of climate legislation, a top official said today.  More »
Money Roll

Oil industry says repealing tax breaks will hurt retirement funds

The American Petroleum Institute released a report noting that nearly half of its shares are held in retirement accounts and pension funds.  More »
Environmental activists gather outside the White House as they continue a civil disobedience campaign against the proposed Keystone XL pipeline that would carry oil from Canada to the Gulf Coast. (AP Photo/J. Scott Applewhite)

Obama: No decision on transnational pipeline

President Barack Obama says his administration has made no decision on whether a Canadian company can proceed with plans for a transnational oil pipeline to Texas.  More »
(AP Photo/Mark Lennihan)

Hess third-quarter profit falls 74% on lower production

Hess Corp., a New York-based oil company, said third-quarter net income dropped 74 percent as output fell and costs rose.  More »
(AP Photo/Keith Srakocic)

Lawmakers push EPA on requiring fracturing fluid disclosure

Top House Democrats on environmental issues are suggesting the Environmental Protection Agency require oil and gas companies to report the ingredients of the fluids they use to hydraulically fracture wells after congressional investigators received inaccurate information on one ingredient.  More »
Cheniere Energy Partners' LNG import terminal on the Louisiana side of Sabine Pass. (Photo: Cheniere Energy)

LNG export terminal gets first major customer

U.S. shale gas production may start heading to overseas markets now that Houston-based Cheniere Energy Partners has signed a major customer for its planned LNG export terminal.  More »
(ConocoPhillips)

Net income falls at ConocoPhillips due to asset sales, production drop

The Houston company had third-quarter net income of $2.6 billion compared to $3.1 billion a year ago. Including one-time charges and gains the numbers were $3.5 billion this year and $2.2 billion a year ago.  More »
BP's Thunder Horse Platform is moved into the Gulf of Mexico by tug boats. (Photo: BP)

BP “regaining momentum” after spill

BP is about to get busy… in the Gulf of Mexico, overseas, just about everywhere it sees high value opportunities, CEO Robert Dudley said Tuesday.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |10.26.11|

EPA delays nat gas rules. Hess keeps ringing the Bells. BP’s getting busy.  More »