EnergyWatch

News from the Houston Chronicle energy team
Ocean_wave

Getting new oil means fathoming the deep

Finding the oil is just the beginning, especially in the depths of the sea.  More »
Angela Merkel

EU reaches deal to cut greenhouse gas emissions

The decision makes the EU the first major economy to set post-2020 emissions targets ahead of a global climate pact that is supposed to be adopted next year in Paris.  More »
edf_methaine1034

Environmental group urges Texas regulators to tackle methane

The Environmental Defense Fund says some major oil companies are taking steps to reduce leaks of the greenhouse gas methane, the main component of natural gas, but that hundreds of smaller companies aren’t.  More »
Nelson Bunker Hunt (left) chuckles after being found innocent along with his brother Wililam Herbert Hunt (right).  (AP Wire photo)

Hunt’s death revives memory of fortune lost on silver bet

To Nelson Bunker Hunt, the world was full of enemies.  More »
Oxfam activists dressed as corporate lobbyists of fossil fuel companies stage a demonstration ahead of an EU summit in Brussels on October 23, 2014 (AFP PHOTO/EMMANUEL DUNAND/AFP/Getty Images)

Coal-rich Poland ready to block EU climate deal

Poland says that EU’s proposed pace for increasing reliance on renewable energy sources is too fast for Eastern European countries that are trying to grow their economies as they restructure old, energy-dependent industries.  More »
Kurdistan_prepping WRUs

Wireless Seismic facing patent infringement suit

The Sugar Land-based company with investment from energy giants Total and Chesapeake is facing a federal lawsuit alleging that it’s infringing on a rival firm’s patents.  More »
The Transocean-owned Discoverer India drill ship made the oil discovery 180 miles off the coast of Louisiana in 3992 feet of water. (Chevron)

Chevron, BP make oil discovery in Gulf of Mexico

Chevron and BP report an oil discovery in one of the deepest regions the industry has taken on in the Gulf of Mexico.  More »
(AP Photo/Reed Saxon)

Occidental profits fall 24 percent amid deflating crude prices

Occidental Petroluem said domestic oil production costs rose in the third quarter.  More »
The sun rises behind a ship as it enters the North Sea from the river Tyne, near Tynemouth, England, Wednesday, Oct. 15, 2014. (AP Photo/PA, Owen Humphreys)

BP, GDF Suez discover new field in UK North Sea

The UK North Sea is an area that BP CEO Bob Dudley said last month “is now mature,” and that investment opportunities “are smaller and more challenging to develop than in the past.”  More »
Weatherford International CEO, Bernard Duroc-Danner. (Michael Paulsen/Houston Chronicle file photo)

Weatherford posts $77 million in profits, could announce two divestitures this year

Oil field service company Weatherford International could announce at least two major divestiture before the end of the year, including one that may occur “imminently” and perhaps within the next week,.  More »
(Photo: freegreatpicture.com)

Porter Hedges expands energy practice to Oklahoma

Houston’s Porter Hedges opened an office in Oklahoma City and added four energy lawyers in the law firm’s first expansion outside of Texas.  More »
(Ryan Remiorz, The Canadian Press)

US tribes testify against Canada pipeline

Kinder Morgan Canada has proposed a $5.4 billion expansion of its existing Trans Mountain pipeline, which links oil from Alberta’s tar sands to the Vancouver, British Columbia-area.  More »