A rendering of Skanska’s new office project in the Energy Corridor (Courtesy of Skanska USA)

Skanska reveals plans for new Energy Corridor development

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Petroleum Geo-Services will lease 122,000 square feet in a new building slated for the Energy Corridor, a developer announced Wednesday.
Chevron's geothermal plant in Indonesia (Bloomberg News)

Geothermal power rising worldwide

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Worldwide geothermal power generating capacity will hit 12 gigawatts by the end of the year, according to a report published this week.
Contango Oil & Gas

Contango Oil & Gas’ production, revenue drop

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Lost production at two offline wells cost Contango Oil & Gas millions in natural gas and oil sales in the year ended June 30, sending revenue down 29 percent to $127 million.
An Energy Department grant helped CenterPoint install smart meters in its entire service area two years ahead of schedule.  ( Melissa Phillip / Houston Chronicle )

Smart meters are getting smarter at distributing electricity

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As smart meters become more widely accepted in the United States, utilities are beginning to invest in smart meters with additional capabilities that will make it more cost effective to transport electricity across the grid.
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

US drilling boom boosting family incomes by $1,200 a year, report finds

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The surge in domestic drilling that has transformed parts of North Dakota, Arkansas and Pennsylvania into modern-day boomtowns is causing ripple effects across the entire U.S. economy, spurring investments in new chemical plants and trimming household bills, according to a report released Wednesday.
(AP file photo/Sue Ogrocki)

Kinder Morgan, Valero complete Gulf Coast pipeline

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Valero and Kinder Morgan Energy Partners LP have completed a $250 million, 141-mile pipeline that will transport refined petroleum products from plants just west of New Orleans, including Valero’s St. Charles refinery, to a petroleum transportation hub in Collins, Miss.
Vitol_blueonwhite

Energy trading firm to anchor new Houston development

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International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.
A boat is surrounded by oil near the site of the Deepwater Horizon accident in June 2010. (Smiley N. Pool / Houston Chronicle)

Concerns about Gulf spill settlement are irrelevant, plaintiffs lawyers say

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The lead plaintiffs attorneys who negotiated last year’s multibillion-dollar class-action civil settlement in the litigation over the 2010 Gulf of Mexico oil spill asked a federal appeals court Tuesday to reject a challenge to the deal filed by more than a dozen individuals and businesses.
Power transmission lines stretch along Space Center Boulevard in Houston. (Bill Montgomery/Houston Chronicle)

Texas grid can handle winter power demand, ERCOT says

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Texas grid planners said Tuesday that the state’s power system is well prepared to handle extreme weather through the winter.
Former U.S. Assistant Secretary of Energy Charles McConnell will lead Rice University's Energy and Environment Initiative as executive director, the school announced on Tuesday, Sept. 3. (Rice University)

Rice taps former US fossil energy chief to lead new initiative

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Charles McConnell, a former U.S. assistant secretary for fossil energy, said his job entails bolstering the university’s relationships with industry giants such as Exxon Mobil Corp., Royal Dutch Shell and BP.