Houston Chronicle Energy News

Reporting from the daily edition.
AUSTRIA-OPEC-COMMODITIES-ENERGY-OIL

OPEC ministers signal output to remain on hold

Nany of the 12 OPEC members are at their production capacity limits.  More »
Halcon

Deal may spur drilling in Mississippi, Louisiana

Halcón Resources has leased 314,000 acres in the Tuscaloosa Marine Shale.  More »
Amy Adams, North Carolina campaign coordinator with Appalachian Voices, shows her hand covered with wet coal ash from the Dan River swirling in the background as state and federal environmental officials continued their investigations of a spill of coal ash into the river in Danville, Va. (AP Photo/Gerry Broome, File)

Two states sign deal with Duke for river cleanup

The agreement requires Duke to pay any “reasonable” cost associated with the Feb. 2 spill , which coated 70 miles of the river in gray sludge.  More »
Louisiana Gov. Bobby Jindal and industry supporters, including the Louisiana Oil and Gas Association, have harshly criticized the lawsuit. (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Chesapeake has denied the allegations and has withdrawn from exploration in Michigan.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 »
(stockyimages)

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 »
Shell-Logo-323x300

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 »
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