Isis Energy President A.J. Brass said the midstream company will announce its first project soon.

New midstream company launches with $150 million in financing

A new Houston-based midstream company announced $150 million in capital commitments Tuesday and said it expects to name its first project soon.
NRG Energy's SR Bertron Power plant. (Nathan Lindstrom/For the Chronicle)

Grid operator delays decision on boosting capacity requirements

The Electric Reliability Council of Texas decided to wait for further research before deciding whether to push for additional generating capacity in the state.
(Image: Fotolia)

Hackers troubling energy firms with old tricks

Hackers have been able to cause continued trouble for energy companies by reusing old material, an illustration of just how slowly oil and power businesses are reacting to online threats, a security expert said.
(Photo: Valerie Everett/Flickr)

Lawyers leave Fulbright for Baker Botts

Fourteen lawyers along with an unspecified number of support staff are leaving Norton Rose Fulbright to join rival law firm Baker Botts in the Middle East.
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

BP looks to shave more money off Gulf oil spill fines tab

BP is asserting that roughly 10 percent of the crude that entered the water during the 2010 Gulf of Mexico oil spill should not be counted in the civil fines it faces because the oil dissolved before reaching the surface, the U.S. government said in court papers Monday objecting to the argument.
(Photo: AEI Services)

Power reserve margin should not be altered, senator says

Texas Senator Troy Fraser, chair of the Senate Committee on Natural Resources, is urging Texas grid planners not to revise electricity needs estimates, saying that the unseasonably hot summer of 2011 will skew results to favor large utilities.
Shell's largest and newest tension leg platform started its final journey on Sunday, setting sail from Ingleside, Texas for a 425-mile voyage to the Mars B Field in the Gulf of Mexico. (Mike Duhon)

Shell’s biggest oil platform heads for deep-water Gulf

Shell’s biggest and recently constructed tension leg platform started its final pre-production journey on Sunday, setting sail from the construction dock in Ingleside, near Corpus Christi, for a 425-mile voyage to the Mars B Field in the Gulf of Mexico.
handshake  behind a corporative building.Great for any design.

Houston partnership boosting acreage in Permian Basin, Rockies

A Houston-based oil and gas partnership is building out its portfolio with properties in the Permian Basin, East Texas and the Rockies that it is buying for roughly $600 million.
Alert Logic Network Security Analyst Yohance Clark looks for security threats inside the company's security operations center in Houston. (Cody Duty / Houston Chronicle)

Homeland Security: Recent cyber attacks hacked into energy networks

In a memo sent to electric and nuclear CEOs, the Department of Homeland Security urged energy companies to beef up security after recent physical and online attacks threatened serious damage to energy infrastructure and equipment.

Halliburton sees good investment in low Mexican bid

Oilfield services company Halliburton was one of the winners of Mexico’s auction last Thursday with its one-cent-per-barrel bid on the Humapa block.