Houston Chronicle Energy News

Reporting from the daily edition.
A pro-Keystone XL ad from the American Petroleum Institute.

Keystone XL ad visible on White House website

The ad urges viewers to tell the president to approve the pipeline.  More »
Yellow oil barrels

Oil up slightly; natural gas jumps

Natural gas gained 14 cents to $4.66 per 1,000 cubic feet.  More »
electric_Power_pole

Grid operator says 4 new plants will ease demand

Peak demand this summer is expected to exceed 68,000 megawatts.  More »
Yellow oil barrels

Oil down as Ukraine fears ease, U.S. supplies rise

U.S. crude for April delivery dropped $1.88 to close at $101.45 a barrel.  More »
ExxonLogo

Exxon Mobil to cut spending this year

The company says it will reduce capital spending by 6 percent.  More »
Yellow oil barrels

Oil drops as Putin comments cool Ukraine tension

U.S. crude for April delivery fell $1.59 to $103.33 a barrel.  More »
BHP Billiton CEO Andrew Mackenzie speaks at the IHS CERAWeek energy conference in Houston on March 4. (Mayra Beltran/Houston Chronicle)

Energy CEO: Climate change is real, driven by humans

BHP Billiton CEO Andrew Maxkenzie, who leads the world’s largest mining company, said that climate change is real and driven by human activity during remarks Tuesday at the annual CERAWeek conference in Houston.  More »
BPsign

BP must live with spill settlement terms, court rules

BP must resume paying millions of dollars in business-loss claims, the U.S. Court of Appeals in New Orleans said.  More »
Oil Barrel

Oil prices spike on Russia sanctions fears

U.S. crude for April delivery gained $2.33 to close at $104.92 a barrel.  More »
Oil Barrel

Oil and natural gas down slightly; pump prices up

Energy markets were relatively tame Wednesday, with both oil and natural gas showing small declines. Benchmark U.S. crude for April delivery slipped 19 cents to close at $102.40 a barrel on the New York Mercantile Exchange. Natural gas futures fell 3 cents to $4.51 per 1,000 cubic feet as weather forecasts indicate households won’t have […]  More »
Shell-Logo-323x300

Shell Nigeria closes major pipeline, cites theft

Shell said it hopes to reopen it as soon as possible.  More »
David Rainey, BP's then-vice president for Gulf of Mexico production, speaks to the media in New Orleans about the Deepwater Horizon offshore drilling unit explosion in April 2010. (AP Photo/Cheryl Gerber, File)

Former BP executive gets delay in oil spill trial

Trial had been scheduled March 10 for David Rainey.  More »
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