EnergyWatch

News from the Houston Chronicle energy team
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |11.04.11|

New heights in Ohio. Old fines for BP. Transocean stumbles.  More »
The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Rising oil prices and more U.S. production boost Apache earnings

Growing production of oil and natural gas liquids in the United States contributed to a 28 percent growth in third quarter earnings for Apache. But executives bemoaned the rate of federal permitting in deepwater Gulf of Mexico.  More »
Harvested corn grain is unloaded from an auger.  (AP file photo/Seth Perlman)

GOP tweaks ‘farm dust’ bill over concerns it would block fossil-fuel dust-emission regs

Republicans on a House subcommittee altered a bill for exempting agricultural dust from Environmental Protection Agency regulation, seeking to address concerns the bill’s original language could inadvertently ban the agency from regulating dust emissions from fossil-fuel burning.  More »
The Travis Tower, or 1300 Main, in downtown Houston was purchased by Dallas-based Energy Transfer Partners in August 2011. (Image: Boxer Property)

Energy Transfer will ‘not rule out’ talks with Williams

Energy Transfer fought tooth-and-nail with Williams for Southern Union Co. this summer. That doesn’t mean they aren’t willing to make a deal with them, however.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Chesapeake, EnerVest deal a new high-water mark for the Utica

A $3.4 billion joint venture of Chesapeake Energy, Houston-based EnerVest and an unnamed foreign company sets the bar higher for the Utica shale formation in Ohio — about $15,000 per acre.  More »
(Melissa Phillip/Houston Chronicle)

Stiffer standards, oil spill costs cause third-quarter loss for Transocean

Transocean suffered a $78 million currency exchange loss in its acquisition of Aker Drilling, one of several expenses and fees that led the company to a major third-quarter loss.  More »
The Texas City Refinery is shown in March 2005. The facility now belongs to Marathon Petroleum. (AP file photo/Tony Gutierrez)

BP agrees to pay $50 million to settle state blast claims

In settling the case, BP did not acknowledge liability for 72 emissions the state alleged occurred during and after the 2005 Texas City refinery explosion that killed 15 workers.  More »
A natural gas drilling site in the Barnett Shale. (AP file photo/Donna McWilliam)

EnerVest buys another $1.2 billion in Barnett assets

The Houston-based oil and gas asset management firm becomes one of the largest producers in North Texas’ Barnett shale field following the transactions.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |11.03.11|

Tackling water in the Eagle Ford. Chesapeake commits. Seaway sale eyed by producers.  More »
(Enterprise Products Partners)

Chesapeake commits to Enterprise Products pipeline

Enterprise Products Partners has scored the first major customer in its milestone plan to feed Gulf Coast industry with ethane from the burgeoning Northeast shale region, the pipeline company announced Wednesday. Chesapeake Energy Corp., an Oklahoma City-based oil and natural gas drilling company, has signed a long-term contract with Enterprise to transport 75,000 barrels per day […]  More »
Industry and environmental interests are debating whether efforts to reduce smog would increase greenhouse gas emissions.  (AP Photo/David J. Phillip)

Refiners say smog rules would raise greenhouse emissions

A refining industry trade group says proposed rules aimed at reducing smog would cause greenhouse gas emissions to increase because of the fossil fuels consumed in making cleaner fuel.  More »
cfl energy efficiency

Senate adds new twist to light bulb battle

After butting heads about new energy-efficient standards for light bulbs, politicians added language into an appropriations bill that would require federal agencies to go green or go in the dark.  More »