EnergyWatch

News from the Houston Chronicle energy team
(AP Photo/Gerald Herbert, File)

Supreme Court denies Louisiana lawsuits against BP

The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.  More »
( Jason Alden/Bloomberg)

Louisiana utility company to be bought for $3.4 billion

Investors led by Australia’s Macquarie Group Ltd. agreed to buy Louisiana utility Cleco Corp. for $3.4 billion in cash, attracted by the steady, long-term returns of regulated power assets.  More »
Oil at $80 a barrel won't cast a shadow on most drilling in the Eagle Ford Shale, above, or other unconventional oil operations, analysts say. (Jerry Lara/San Antonio Express News)

Oil price could bite companies whose production made it cheaper

The companies that helped turn around the domestic oil supply situation now face lower profits because crude’s become so plentiful it’s getting cheaper.  More »
In this March 29, 2013  photo, workers tend to a well head during a hydraulic fracturing operation at a gas well  in Colorado.  (AP photo/Brennan Linsley)

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »
photo via Royal Dutch Shell

Shell Midstream launches IPO

Royal Dutch Shell’s midstream partnership launched its initial public offering in New York Monday, the company announced Monday.  More »
(AP Photo/Charles Krupa)

Wisconsin man to bike Enbridge pipeline path in protest

The 80-year-old man is biking through counties where the Canada-based company’s crude oil Pipeline 61 could be built.  More »
(StockMonkeys.com/Flickr)

Hedge funds cut bullish bets on crude as prices tumble

Crude is now trading in a bear market, underpinned by speculation that OPEC members are favoring market share over prices.  More »
Halliburton CEO Dave Lesar talks with the media after the annual shareholders meeting Wednesday, May 16, 2007, in The Woodlands. ( Melissa Phillip / Chronicle)

Halliburton execs point to U.S. shale as profits leap 70 percent

U.S. shale plays have become laboratories for experiments with more production stages, more sand and, in West Texas, a lot more horizontal rigs – a development Halliburton executives say has required an unprecedented level of oil-field service intensity.  More »
(World Economic Forum / Photo by Norbert Schiller)

India PM uses oil price slump to ease curbs deterring Chevron

India’s recently elected prime minister, Narendra Modi, has made energy security his priority.  More »
tesoro

Tesoro Logistics buying QEP’s gas processing business

Tesoro Logistics LP agreed to buy QEP Resources natural-gas gathering and processing business for $2.5 billion in cash to expand in the Rocky Mountain region and North Dakota.  More »
Workers clean up the 4,000 barrels of crude oil Saturday, Oct. 18, 2014, that spilled in Tete Bayou northwest of Shreveport, La. Sunoco Logistics, operator of the Mid-Valley Pipeline, has responded with more than 250 personnel to the site to contain and recover the oil, which entered Tete Bayou but did not reach Caddo Lake. (AP Photo/The Shreveport Times, Henrietta Wildsmith)

Officials say oil spill has not reached Caddo Lake

Officials said Saturday that the oil has been contained without reaching Caddo Lake, which straddles the Texas-Louisiana state line and provides drinking water for some water systems.  More »
Ram Sunkara

Q&A: Small generators pose big challenge to utilities

“Distributed generation” — or power generators installed at or near the sites they serve — threaten to shake up the electricity sector as we know. Attorney Ram Sunkara discusses how the industry will have to adapt to the new technology.  More »