EnergyWatch

News from the Houston Chronicle energy team

CB&I goes orange

Energy infrastructure company CB&I has a big operation here in The Woodlands, but they’re rooting for their home team in the World Cup finals. CB&I’s corporate headquarters is in the Netherlands, which is set to face off against Spain in the final match on Sunday. In support of the team, the company has temporarily changed […]  More »

TPH: Hydraulic fracturing is here to stay

Hydraulic fracturing is unlikely to be banned, but will get some more negative press, a research report on hydraulic fracturing from Tudor, Pickering, Holt & Co. says. Some key takeaways TPH notes: The authors of the report say given the scientific evidence available today and the economic impact of shutting down shale gas drilling, hydraulic […]  More »

Texas environmental regulator proposes changes to refinery permits

The Texas Commission on Environmental Quality has proposed changes to air quality permits after the Environmental Protection Agency rejected the permits of 122 plants across the state for failing to comply with federal law. The TCEQ’s new plan will allow refiners and chemical producers to voluntarily seek permits to set emissions limits on specific processing […]  More »

Kevin Costner's oil skimmer sets sail

Continuing the Kevin Costner news for you this Friday: The actor’s water cleaning machines have been fitted onto an offshore supply barge and put to work in the Gulf of Mexico. Yesterday, Costner and BP’s COO Doug Suttles introduced the Ella G, a bright orange barge designed to skim and separate oil spilling from the […]  More »

The rise and (maybe) fall of the batfish

Researchers have discovered two new species of fish in the Gulf of Mexico. The bad news is the fish live in the area affected by the oil spill. The new species of pancake batfishes are a type of fish rarely seen because they favor dark depths, Reuters said. One of the fish lives exclusively in […]  More »

Chron Energy Newslinks | 7.9.10 | Drilling ban loses in court; Exxon Mobil keeps XTO workers.

• Court rejects U.S. bid to keep drilling moratorium. • Mom-and-pop shop still flies BP’s colors. • Blogger recounts flyover of the Gulf spill. • BP’s runaway well puts an industry on hold. • Will the 2010 spill affect Texas like the 1979 spill did? • If Tony Hayward worked for Warren Buffett, he’d be […]  More »

Map of Spill, July 9

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Update: Appeals court refuses to reinstate deep-water drilling ban

A federal appeals court on Thursday rejected the Obama administration’s request to temporarily reinstate a moratorium on deep-water drilling that has idled rigs across the Gulf of Mexico. The decision was issued about an hour after arguments concluded late this afternoon in the New Orleans-based 5th U.S. Circuit Court of Appeals. The administration had wanted […]  More »

Coast Guard gives BP 24 hours to provide updated containment plans

In a letter sent to BP today, Ret. Coast Guard Adm. Thad Allen, who is overseeing oil spill response effort, demanded updated information explaining the company’s timeline and plans for stanching the flow from the leaking well in the Gulf of Mexico. Allen said he needs to know the “steps and decision points” for when […]  More »

Exxon Mobil buying back $3 billion of its shares

Exxon Mobil Corp. plans to buy back $3 billion of its shares this quarter to ease the effect on shareholders of its takeover of XTO Energy. According to Bloomberg: The $25 billion purchase last month increased outstanding shares at Irving, Texas-based Exxon Mobil, by 416 million, or about 9 percent, David Rosenthal, vice president for […]  More »

Interior erases BP from finalist list for safety award

You’ve probably already forgotten that BP was a finalist for the Minerals Management Service’s “Safety Award for Excellence” this year. Well, it looks like the Interior Department is telling BP to forget it,too. Greenwire reported that as the Interior revamped the website for the now-renamed MMS, it also deleted BP as a finalist from the […]  More »

Feds and oil industry set to battle over drilling ban in court this afternoon

The oil industry and Obama administration are set to face off in a New Orleans federal appeals court at 3 p.m. CST, in the latest round of a high-stakes legal battle over the drilling ban that has idled deepwater rigs across the Gulf of Mexico. The White House and environmentalists are asking the 5th Circuit […]  More »