Houston Ship Channel reopens for outbound cargo
Officials said it’s unclear when the channel will be reopened to inbound traffic because crews are still working to clear the crumbled tower from the waterway. At least 44 ships were waiting to enter the channel. (Photo: James Nielsen/Houston Chronicle ) More »
Slow work on removing power tower in Houston Ship Channel
The Houston Ship Channel will remain closed at least until Wednesday as crews work to remove a damaged electrical tower that has cut off access to much of the nation’s second busiest maritime shipping port. (Photo: James Nielsen/Houston Chronicle) More »
Oil prices climb with stocks on economic data
NEW YORK — Oil prices rose above $82 a barrel Tuesday as the stock market rebounded from Monday’s losses on brighter economic news.
Benchmark crude for November delivery gained $1.35 to settle at $82.82 a barrel on the New York Mercantile… More »
Public lands to get their first solar energy projects
WASHINGTON — The federal government on Tuesday approved the first solar energy projects ever permitted on public lands, giving the green light to two large-scale projects in California.
Obama administration officials said the announcement was the fir… More »
Gasoline, oil start the week with a rally
NEW YORK — Retail gasoline prices rose today and oil prices rallied to the highest level in two months, though analysts say weak energy demand likely will push prices lower during the last three months of the year.
At the pump, the national average a… More »
Oil spill panel says Transocean thwarts bid to get documents
A federal panel investigating the cause of the Gulf oil spill accused Transocean today of blocking its efforts to get to critical safety documents. The rig owner countered that the request was irrelevant and cumbersome. (AP Photo: Gerald Herbert) More »
Contractor says BP interfered with critical efforts
METAIRIE, La. — BP interfered with critical efforts to lower an undersea robot to try to close the device that failed to stop the massive Gulf of Mexico oil spill because of concerns over heat buildup from the burning rig, a salvage firm execut… More »
Rally fades as crude oil prices settle lower
NEW YORK — Retail gasoline prices rose today and oil prices rallied to the highest level in two months before falling back to settle lower with the retreating stock market.
Benchmark crude for November delivery lost 11 cents to settle at $81.47… More »
A towering mess: Barge accident idles 75% of Houston port terminals
A set of barges crashed into an electrical tower Sunday in the Houston Ship Channel, prompting the Coast Guard to close most of the nation’s second-largest maritime shipping complex, possibly until Wednesday. (Photo: U.S. Coast Guard) More »
Relief well specialist's mission during Gulf oil spill was a sad success
After nearly five months onboard Transocean’s Development Driller III, Boots & Coots’ John Wright returned to his home in Houston with another notch in his belt — 41 of 41 relief wells successfully drilled – and an experience he will never forget. (AP Photo/Gerald Herbert) More »
Office space: Houston tenants take a longer view
From oil field service firms to power companies, leasing activity has picked up because companies are more willing to make decisions about what to do about their expiring leases or unused space. More »
The Well energy briefs
Best PumpWorks recently acquired Centrifugal Technologies, a manufacturer of horizontal multistage pumps and service provider to the oil and natural gas market based in Shreveport, La.
The acquired company’s operations and products will be aligned and… More »
Follow Us:
© 2013 Hearst Communications Inc.