EnergyWatch

News from the Houston Chronicle energy team

1 dead in gas accident on offshore La. platform

A contractor was killed and two others were injured Saturday during maintenance on a Chevron natural gas pipeline off the Louisiana coast, authorities said.  More »
A logo sits on a sign outside Foster Wheeler AG's offices in Reading. (Matthew Lloyd/Bloomberg)

Foster Wheeler: Changes not coming next year

Global engineering conglomerate Foster Wheeler told employees that changes to the company’s structure associated with its acquisition by AMEC won’t take place until next year.  More »
President Vladimir Putin. (AP Photo/RIA-Novosti, Alexei Druzhinin, Presidential Press Service)

U.S. expands Russian sanctions

The U.S. expanded sanctions against Russia to include the country’s largest bank, OAO Sberbank, energy companies as well as five state-owned defense and technology companies.  More »
(Nathan Lindstrom/For the Houston Chronicle)

Nabors’ biggest investor sells stake amid rising profits

The largest shareholder of Nabors Industries hawked its 8.5 percent stake Thursday even as the Houston driller appears to have crested over a long lull in profits.  More »
The Cameron International Building in Houston (Photo: Holliday Fenoglio Fowler)

Cameron taps OneSubsea CEO for top lieutenant role

Houston oil field equipment maker Cameron International said Thursday it has bumped executive Scott Rowe up to the role of president and chief operating officer, the top lieutenant for CEO Jack Moore.  More »
Texas Railroad Commissioner David Porter. (photo courtesy of Texas Railroad Commission)

Texas oil regulator wields rhetorical sword against industry enemies

Texas Railroad Commissioner David Porter sees a threat to the state’s booming oil industry from invading Islamists, Russian propaganda and Barack Obama.  More »
BP CEO Bob Dudley (AP file photo/Alastair Grant)

BP, Shell chiefs speak out against Scottish independence

The CEO of BP warned that Scotland’s push to splinter off from the United Kingdom could upset the fiscal stability underpinning oil operations in the North Sea.  More »
Emissions from flaring, or burning of natural gas, methane and hydrogen sulphide associated with oil production, have risen in each of the last three years. Lucas Schifres/Bloomberg

Statoil, partners expand effort to put flared natural gas to use

Statoil, GE and Ferus Natural Gas are expanding use of technology designed to fuel oil field equipment with natural gas that otherwise would be flared off into the atmosphere.  More »
AUSTRIA-OPEC-COMMODITIES-ENERGY-OIL

OPEC cuts demand outlook by most in three years on shale

The change implies that OPEC’s 12 members would need to cut output by about 1.1 million barrels a day from the 30.3 million they produced in August.  More »
(Photo: Flickr/Jhy Turley)

Natural gas industry unveils security program

A new program led by natural gas utilities could help improve the safety of their infrastructure by allowing them to more effectively share information about the threats they’re facing.  More »
Kenneth Feinberg (AP file photo/Josh Reynolds)

Original oil claims boss sides with BP in Supreme Court fight

The man who was in charge of BP’s original oil spill fund has urged the U.S. Supreme Court to require claimants to prove their losses were tied to the 2010 disaster.  More »
Kimberly Ross, chief financial officer of Avon Products, will take the same position at Houston oilfield services company Baker Hughes on Oct. 22, 2014.

Baker Hughes hires new CFO from cosmetics maker Avon

Houston oil field services company Baker Hughes is hiring the chief financial officer of cosmetics maker and retailer Avon Products to oversee its finances, it said Tuesday.  More »