Houston Chronicle Energy News

Reporting from the daily edition.

Chinese Oil Companies Move Up on Fortune Global 500

For almost 15 years we have been beating the drum of the importance of the oil business for the world, a far cry from peak oil and the cacophony of climate change nonsense. Chinese demand for oil and gas has provided and continues to provide an additional accent. It is moving towards the domination of the oil business and commerce. Chinese oil companies have obliged and filled a void in that country and they have influenced the oil business in hitherto unthinkable ways. More than $200 billion have been invested by Chinese oil companies to buy oil and gas properties throughout the world.  More »
(James Nielsen/Getty Images)

Halliburton also contacted in antitrust probe of fracturing

The company gave no details about the information requested by the government.  More »
This photo released by the Bureau of Safety and Environmental Enforcement shows natural gas spewing from the Hercules 265 drilling rig in the Gulf of Mexico off the coast of Louisiana, Tuesday, July 23, 2013. No injuries were reported in the midmorning blowout and there was no fire as of Tuesday evening at the site, about 55 miles off the Louisiana coast in the Gulf of Mexico. (AP Photo/Bureau of Safety and Environmental Enforcement)

Gulf rig partially collapses after leaking well ignites fire

The blowout preventer may have ignited a fire from Walter Oil & Gas’ uncontrolled natural gas well in the Gulf of Mexico, causing its production platform to collapse this morning, federal authorities reported.  More »
A member of Louisiana Gov. Bobby Jindal's staff wearing a glove in June 2010 reaches into thick oil on the surface of the northern regions of Barataria Bay in Plaquemines Parish, La. (AP Photo/Gerald Herbert, File)

Study urges spending on coastal restoration

Wildlife tourism, from hunting and fishing to bird and dolphin watching, is a $19 billion-a-year business along the Gulf of Mexico, and states spending their settlement money from the 2010 BP oil spill should focus on restoring ecologically sensitive areas that keep guides, hotels and others working, a study says.  More »
Power lines and pump jacks dot the horizon in the Permian Basin just west of Midland, Texas. The basin extends into New Mexico. (San Antonio Express-News)

Government OKs New Mexico natural gas pipeline

The natural gas liquids ultimately would go to markets in South Texas.  More »
(Phillips 66)

Pipeline leaks gasoline on Montana’s Crow Reservation

Phillips 66 Co. is investigating the cause of the leak.  More »
Brazilian billionaire Eike Batista. (AP Photo/Ricardo Moraes, File)

Brazil’s Batista steps down as chairman of MPX

Not long ago, Batista was Brazil’s richest man.  More »
Baker Hughes' TeleCoil(TM) downhole communication system.

Energy rigs in U.S. rise to 1,757, Baker Hughes reports

June was the most active month for U.S. land drilling permits in more than a year, according to a Barclays research note.  More »
Steven Girsky, vice chairman of General Motors Co. (GM), left, shakes hands with Tetsuo Iwamura, executive vice president of Honda Motor Co. and president of American Honda Motor Co., during a press conference in New York. Tthe two companies are partnering in a renewed push to get clean vehicles to market with the two automotive giants seeking to have cheaper power-making fuel cells and hydrogen tanks ready by 2020. Photographer: Peter Foley/Bloomberg ***

GM, Honda to collaborate on fuel cell vehicles

Fuel cell vehicles have electric motors that are powered by a chemical reaction between hydrogen and oxygen.  More »
** FILE ** In this July 10, 2008 file photo, pedestrians walk near the Rohm and Haas Co. headquarters in Philadelphia. (AP Photo/Justin Maxon, file)

SEC accuses former Dow Chemical executive of insider trading

The Securities and Exchange Commission filed a lawsuit against then Dow Vice President Mack Murrell.  More »
Oil mining employees walk near the first well to restart production in the Thar Jath field in Unity state on April 6. South Sudan restarted oil production on April 6, ending a bitter 15-month row with former civil war foe Sudan and marking a major breakthrough in relations after bloody border clashes last year. HANNAH MCNEISH/AFP/Getty Images

Uganda, Kenya, Rwanda agree on oil pipelines

One pipeline would end South Sudan’s dependence on Sudan for its oil exports.  More »
In 2007,  John Fenton and others examine neighbor Louis Meeks' water in Pavillion, Wyo., where federal officials have studied reports of groundwater contamination from hydraulically fractured wells. (AP Photo/Casper Star-Tribune, Dustin Bleizeffer, File)

EPA will let Wyoming officials carry on fracturing investigation

The EPA is standing by its findings, but state officials will lead further investigation into the pollution.  More »