Houston Chronicle Energy News

Reporting from the daily edition.
Dow Chemical Company site in St. Charles, Louisiana. (Dow Chemical Company)

Dow to appeal $1.2 billion damages order

Dow lost a class-action lawsuit that accused it of conspiring to fix prices.  More »
(Photo: Dan X. McGraw)

McDermott shares fall after earnings miss

The company said it sees “near-term challenges.”  More »
David  Rainey, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves Federal Court after being arraigned on obstruction of a federal investigation in New Orleans in November 2012.   (AP Photo/Matthew Hinton)

Former BP executive’s trial delayed

A judge agreed to move the trial date to Oct. 15.  More »
handshake  behind a corporative building.Great for any design.

Judge refuses to block Freeport-Plains deal

Plains shareholders are set to vote on the deal May 20.  More »
Discoverer Seven Seas, a Transocean rig.

Transocean profit climbs as demand rises for rigs

Net income climbed to $321 million.  More »
“Our priority is processing permits to drill that are already in flight” rather than work on new applications, Interior Secretary Sally Jewell told reporters after a Senate budget hearing in Washington on Tuesday. (Andrew Harrer/Bloomberg)

Government postpones oil, gas lease auctions in California

The decision came after a federal judge ruled last month that BLM had violated a key environmental law.  More »
Mark Papa, Chairman and CEO of EOG Resources (Melissa Phillip/Houston Chronicle)

EOG rises after earnings beat analysts’ estimates

First-quarter net income rose 53 percent to $494.7 million.  More »
(Flickr/SalFalko)

Judge asks environmentalists for ideas to punish company

U.S. District Judge William Smith said that the high court’s decision means he is limited to fining Southern Union Co. $500,000 or the equivalent in community service  More »
A natural gas well in the  Greater Natural Buttes (Photo: Anadarko)

Anadarko income falls after year-earlier tax settlement

Net income fell to $460 million from $2.16 billion a year earlier.  More »
(Image: Fotolia)

Westlake Chemical 1st-quarter profit rises

The Houston-based chemical company earned $123.3 million.  More »
Occidental Petroleum, Chairman and CEO Ray Irani.

Occidental’s Irani out as investors end 3-decade rule

The vote against Ray Irani forces him to resign his board seat.  More »
DUKE ENERGY

Duke Energy earnings helped by weather, rates

The largest U.S. utility posted earnings Friday of $634 million for the first quarter.  More »
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