EnergyWatch

News from the Houston Chronicle energy team
(AP Photo/LM Otero)

Pattern Development acquires Texas wind farm development

Pattern Energy Group LP announced Tuesday it had acquired a planned 200 megawatt wind project southwest of Dallas that will sell more than half the power it produces to Wal-Mart.  More »
Cobalt International Energy used the Petroserv SSV Catarina Rig to drill the Lontra #1 discovery well off the coast of Angola.  (Cobalt International Energy)

Cobalt falls after SEC Angola case moves forward

The company said it’s cooperating with the SEC and believes its activities in Angola have complied with all laws.  More »
AP Photo/U.S. Fish and Wildlife Service, Gary Kramer,File)

Grouse measures defer drilling in much of Wyoming

The total area of federal oil and gas leases deferred in Wyoming to protect the greater sage grouse — ahead of next year’s expected decision on whether the bird is a threatened or endangered species — substantially exceeds the combined size of Yellowstone and Grand Teton national parks, U.S. Bureau of Land Management figures show.  More »
Marathon Oil's corporate headquarters in Houston.  (AP file photo/Pat Sullivan)

Marathon Oil earnings up on U.S. oil output

Rising shale oil production pushed Marathon Oil Corp.’s profits up 27 percent in the second quarter as the firm worked to improve its hydraulic fracturing in North America.  More »
Yellow oil barrels

Parnon, Arcadia to pay $13 million in price-rigging suit

Parnon Energy, an oil logistics company, and London-based oil trader Arcadia Petroleum Ltd. agreed to pay $13 million to settle a U.S. regulator’s claims they manipulated oil futures prices.  More »
Kinder Morgan Energy Partners Pasadena terminal. (Photo:Kinder Morgan Energy Partners)

Terminals startup Zenith Energy gets $600 million infusion

The Kinder Morgan executive who built one of the largest U.S. energy terminal businesses is now looking beyond the nation’s shores to build infrastructure in the developing world.  More »
Paragon Offshore, a spinoff from offshore contractor Noble Corp., began trading on the New York Stock Exchange Monday, Aug. 4. (Paragon Offshore)

Paragon Offshore completes spinoff from Noble Corp., begins trading

Paragon Offshore became Houston’s latest publicly-traded company Monday morning when it began trading on the it began moving on New York Stock Exchange after completing its separation from Noble Corp.  More »
General Motors, which makes the Chevrolet Volt plug-in car, is among the automakers studying ways to keep auto charges from straining the power grid. (AP Photo/Reed Saxon)

Electric cars eventually could tie up grid traffic

Utilities and automakers are looking to a time when electric cars become more common and might strain electric grid capacity.  More »
FILE - In this March 24, 2011 file photo, oil is seen on the creek water's surface near an illegal oil refinery in Ogoniland, outside Port Harcourt. Little action has been taken to clean up pollution caused by oil production in Nigeria’s Niger Delta region, either by the government or Shell Oil, Amnesty International and other groups charged Monday. Aug. 4, 2014. Oil production has contaminated the drinking water of at least 10 communities in the Ogoniland area but neither the Nigerian government nor Royal Dutch Shell's Nigeria subsidiary have taken effective measures to restore the fouled environment, said the new report by Amnesty International, Friends of The Earth Europe, Center for Environment, Human Rights and Development, Environmental Rights Action, and Platform. (AP Photo/Sunday Alamba, File)

Nigeria, Shell not cleaning oil pollution, report charges

Nigeria, a member of the Organization of the Petroleum Exporting Countries, is Africa’s largest oil producer and most populous nation.  More »
Early-stage components at GE Oil & Gas in Houston will eventually be part of annular blowout preventers used in deep-water situations to seal pipes in an emergency. (For the Chronicle/Eric Kayne)

Companies at work on blowout preventers for deeper depths

GE Oil & Gas and others are working to create blowout preventers that can work at deeper depths and higher pressures.  More »
BPsign

BP appeals to Supreme Court on spill settlement

BP wants the U.S. Supreme Court to intervene in a months-long battle over who can get paid for oil spill damages.  More »
A crane stands next to Petroleos Mexicanos (Pemex) signage displayed on the company's La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico, on Friday, Aug.30, 2013.  (Susana Gonzalez/Bloomberg)

Mexico lower House passes final oil bills, sends them to Senate

Mexico’s Lower House early passed the last package of bills to regulate an end to Petroleos Mexicanos’s state-oil monopoly, sending the legislation to the Senate for final approval after making minor changes on pension and retirement issues.  More »