Houston Chronicle Energy News

Reporting from the daily edition.
(Image: Fotolia)

Oil price rebounds from 8-month low

Crude for October delivery rose $1.16, or 1.3 percent, to settle at $92.83 a barrel .  More »
(AP Photo/The Bakersfield Californian, Casey Christie)

Senators chide freight railroads on delays

The rail industry’s top lobbyist said the industry is struggling to keep up with a sharp increase in freight rail demand created by the oil boom in the Bakken region of North Dakota and two years of unusually bountiful agriculture harvests.  More »
President Vladimir Putin. (AP Photo/RIA-Novosti, Alexei Druzhinin, Presidential Press Service)

Sanctions threaten Putin’s oil deals with Exxon Mobil, Shell

Russian President Vladimir Putin called Exxon Mobil “an old and reliable partner” during a ceremony last month marking the start of drilling at an offshore Arctic prospect.  More »
A tram with an ad from Russian gas giant Gazprom adorns a  train. (AP Photo/Martin Meissner)

Russian gas supplies to Poland drop by a quarter

Some commentators believe it to be retaliation by Moscow against Poland for its decision to help Ukraine with gas.  More »
Iranian Oil Minister Bijan Zanganeh. (AP Photo/Vahid Salemi)

Official says fighting in Iraq delays Iran gas exports

Oil Minister Bijan Zanganeh said the pipeline goes partly through territory now controlled by the Islamic State group.  More »
Oil Barrels

Crude settles below $92 a barrel

Crude inventories fell 972,000 barrels to 358.6 million last week, the Energy Information Administration said.  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

Residents near gas wells twice as likely to report symptoms, study finds

Researchers found that residents living near Marcellus Shale natural gas wells were more likely to report rashes, sinus problems, coughs, sore throats, itchy eyes, nose bleeds and stuffy noses than those who lived farther away.  More »
Dow Chemical's petrochemical complex in Freeport is one of the largest in the world. (Dow Chemical)

Shale boom boosts diverse group of refining, LNG, petrochemical interests

Unlike the first wave of investment, which gave the biggest boost to smaller independent oil companies that got an early start in shale plays, the manufacturing resurgence will involve a diverse set of players, including chemical giants like Dow Chemical and LyondellBasell, which are planning to expand their capacity along the Gulf Coast, and midstream companies hoping to export LNG, according to a report by the Deloitte Center for Energy Solutions  More »
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Brent crude narrows premium over West Texas benchmark

Brent for October settlement fell $1.04, or 1 percent, to $99.16 a barrel.  More »
The United States is exporting more petroleum products, primarily from the Gulf Coast, according to a new U.S. Energy Information Administration report. (Courtesy: EIA)

Gulf Coast drives surge in U.S. exports of petroleum products

The United States is exporting more petroleum products, most of which is coming from the Gulf Coast.  More »
Yellow oil barrels

Oil falls as China’s economy shows signs of slowing

Oil for October delivery fell 63 cents to settle at $92.66 a barrel on the New York Mercantile Exchange.  More »
Yellow oil barrels

Oil falls on weaker U.S. jobs growth

Oil for October delivery slipped $1.16, or 1.2 percent, to close at $93.29 a barrel.  More »
The United Kalavryta, shown here in the Gulf in late July, remains anchored about 60 miles off Galveston's coast. (Courtesy: U.S. Coast Guard)

Iraq’s attorneys again ask judge for crude seizure

Iraq’s attorneys once again asked a federal judge to seize 1 million barrels of contested crude, claiming that the tanker floating off the coast of Galveston since late July plans to offload and sell its cargo within the United States. Kurdistan in court has explicitly not confirmed or denied whether it owns the crude, leading […]  More »
Chevron Phillips Chemical Co. logo

Chevron Phillips Chemical sells manufacturing unit for $220 million

Chevron Phillips Chemical Co. is selling its polymer manufacturing business for $220 million.  More »
(AP Photo/Skagit Valley Herald, Scott Terrell)

Officials seek federal board’s help on rail delays

Some believe the increased shipments from North Dakota’s western oil fields are largely behind the delays.  More »