The Headquarters of the ENI energy company are seen in Rome, Italy, Wednesday, December 14, 2005. Gazprom would consider buying a stake in the electricity unit of Eni SpA, Europe's fourth-biggest power company, as a way to enter the Italian electricity production market, Il Sole/24 Ore reported, citing an interview with Gazprom Deputy Chief Executive Alexander Medvedev. Photographer: Chris Warde-Jones/Bloomberg News

Report: Eni’s massive Zohr find could catalyze Eastern Mediterranean development

Noble has dismissed critics who claimed that the Eni find would thwart its efforts to market Israeli gas to the region.
A protester waves Turkey's national flag while others shout slogans in front of the Russian Istanbul consulate during a demonstration against Russia's Syria policy on November 24, 2015 in Istanbul. NATO member Turkey on Tuesday shot down a Russian fighter jet on the Syrian border, threatening a major spike in tensions between two key protagonists in the four-year Syria civil war. AFP PHOTO/OZAN KOSEOZAN KOSE/AFP/Getty Images

Oil prices jump on Syria tensions

Continued global conflict in Syria sent oil higher early Tuesday, after Turkey downed a Russian plane officials said had crossed into the country’s airspace near Syria.
KBR Tower in downtown Houston (AP file photo/Pat Sullivan)

KBR wins Louisiana LNG contract

The Houston-based engineering and construction firm is focusing on opportunities in natural gas as oilfield activity slows.
Categories: Deals, featured, LNG
(James Nielsen/Houston Chronicle)

Halliburton will do whatever’s needed for Baker, ValueAct says

The activist fund said in a letter to its investors that after discussions with the two oil field services companies, it’s confident the deal is on track and will close.
Categories: Oil field services
An ERCOT worker mans a desk in the Texas electric grid manager's Austin control room. (ERCOT/Tom Reel)

ERCOT taps new second-in-command

Cheryl Mele, deputy general manager and COO of energy for the city of Austin, will take over the post in mid-January.
FlexGen solid state generator operating in the Permian Basin. FlexGen)

Startup seeks to power oil drillers with hybrid energy

A recent infusion of capital helped the company fill the demand for renting its turn-key hybrid power generators.
(Jerry Baker/For the Houston Chronicle)

CB&I gets $2.8 billion petrochemical contract in Oman

CB&I, which operates out of The Woodlands, will build the Liwa Plastics Industrial Complex Project for the Oman Oil Refineries and Petroleum Industries Company, called Orpic.
(RJ Sangosti/The Denver Post via Getty Images)

Fitch: More capital budget cuts coming in 2016

The ratings agency’s report gave the oil and gas sector a negative outlook for 2016.
(AP Photo/Reed Saxon, file)

Gasoline expected to dip below $2 nationwide for Thanksgiving

Gasoline costs also could continue to come down through December, according to GasBuddy, which noted that prices don’t always spike during busy driving weeks.
(AHIKAM SERI/AFP/Getty Images)

Noble sells some of stake in project offshore Cyprus for $165 million

The company is continuing to work with the Cypriot government to finalize development plans for Aphrodite.
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