Houston Chronicle Energy News

Reporting from the daily edition.
Louisiana Gov. Bobby Jindal.  (AP Photo/ Richard Shiro)

Jindal signs bill to scuttle levee board oil suit

The suit says drilling and dredging by oil, gas and pipeline companies are partially to blame for the degradation of coastal wetlands that serve as a natural hurricane buffer for New Orleans.  More »
Flowers grow in front of a sign at the Chesapeake campus in Oklahoma City.  (AP Photo/Sue Ogrocki)

Chesapeake faces new charges on Michigan leasing

Chesapeake has denied the allegations and has withdrawn from exploration in Michigan.  More »

PetroLogistics investor sues over Koch buyout

The investor claims a $2.1 billion all-cash buyout offer from a unit of Koch Industries is too low.  More »
In this July 29, 2010, photo, oil and water flow down Ceresco Dam as oil spill clean up continues along the Kalamazoo River near Ceresco, Mich. (AP Photo/Detroit Frtee Press, Andre J. Jackson

Agency says no long-term health risk from spill

Michigan’s health agency says there’s no long-term risk from swimming and fishing in the Kalamazoo River, the site of a 2010 oil spill.  More »
Yellow oil barrels

Crude oil flat despite U.S. supply drop

Benchmark U.S. oil for July fell 2 cents to close at $102.64 a barrel.  More »
Timothy  Massad, assistant secretary of financial stability at the U.S. Treasury and U.S. President Barack Obama's nominee as chairman of the Commodity Futures Trading Commission (CFTC), right, and Gary Gensler, chairman of the CFTC, left, listen as U.S. President Barack Obama speaks during a nomination announcement with in the State Dining Room of the White House in November 2013. (Andrew Harrer/Bloomberg)

Senate confirms Massad to head CFTC

Timothy Massad has promised to act aggressively against misconduct to ensure investors’ confidence.  More »

Big blaze at Shell chemical plant in Netherlands

People across a wide area reported hearing blasts and could see flames soaring into the night sky.  More »
Yellow oil barrels

Oil ends the week down 1.6 percent

But benchmark U.S. crude finished the month up nearly 3 percent.  More »
Albert Chao, CEO of Westlake Chemical Corp. (Photo: Houston Chronicle, Mayra Beltran / HC)

Westlake buys European resins maker for $667M

“The acquisition of Vinnolit is an excellent strategic fit for Westlake,” Chief Executive Officer Albert Chao said.  More »
Yellow oil barrels

Oil drops on expected rise in U.S. supply

Crude for July delivery fell $1.39 to close at $102.72 a barrel.  More »
(AP Photo/Skagit Valley Herald, Scott Terrell)

Sharp rise in West Coast oil trains, fears abound

The increasing numbers of trains, each carrying tens of thousands of barrels of potentially volatile crude from the Bakken oil fields in North Dakota, have raised concerns around the country after nine accidents in the past year.  More »
European Comissioner for Energy Guenther Oettinger speaks during a press conference after talks on energy security in Berlin Monday. Energy chiefs from Russia, Ukraine and the EU met in Berlin in a bid to resolve a deadlock over Russian gas supplies, with Kiev facing a deadline next week. AFP PHOTO / CLEMENS BILANCLEMENS BILAN/AFP/Getty Images

Possible solution found in Ukraine gas dispute

EU Energy Commissioner Guenther Oettinger stressed “we are not done” but said he is optimistic of an agreement.  More »