Houston Chronicle Energy News

Reporting from the daily edition.
Yellow oil barrels

Oil futures down to near $104 after Ukraine vote

Natural gas fell after a proposed solution to a dispute over Ukrainian natural gas debts to Moscow was revealed, raising hopes that a supply cutoff would be averted.  More »
(AP PhotoKevin Cederstrom)

Executive says Bakken oil threatened by safety missteps

“If we have anything, they’re going to shut us down,” Harold Hamm said. “So many people want to stop fossil fuel use and production.”  More »
Yellow oil barrels

Oil eases but remains near $104 a barrel

The U.S. oil price hit a one-month high earlier in the week.  More »
In this Feb. 5, 2014 file photo, 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)

EPA reaches deal with Duke to clean river coal ash

Duke will reimburse the federal government for its oversight costs.  More »
(Brian van der Brug/Los Angeles Times/MCT)

Estimate of recoverable Monterey Shale oil slashed

The new figure, about 600 million barrels, falls short of the previous estimate of 13.7 billion barrels of recoverable oil that led to a speculation boom among oil companies.  More »
Yellow oil barrels

Oil climbs to $104 as U.S. supplies drop sharply

A report from the Energy Department showed a drop of 7.2 million barrels in U.S. crude oil supplies.  More »
Tanker cars full of U.S.-produced oil are helping supply East Coast refineries. (AP Photo/Nati Harnik, File)

Industry says Bakken oil not riskier than others

An industry-funded report released Tuesday said Bakken oil from North Dakota and Montana is similar to other light crudes.  More »
BPsign

Court won’t rehear BP spill settlement issue

BP said that it is considering its legal options.  More »
A plant that produces ethanol is next to a cornfield near Coon Rapids, Iowa.  (AP Photo/Charlie Riedel)

EPA mulls ethanol change as industry profits soar

EPA officials say fewer gallons of ethanol are necessary because the fuel efficiency of cars improved more quickly than expected, helping lower fuel demand.  More »
Yellow oil barrels

Oil rises on U.S. housing data, Ukraine tensions

Oil gained 2 percent for the week.  More »
Searchers dig through the rubble for victims of the inferno in Lac-Megantic, Quebec, Monday, July 8, 2013, as  firefighter continue to hose down tanker cars to prevent explosions.  A runaway train derailed igniting tanker cars carrying crude oil .  (AP Photo/ THE CANADIAN PRESS,Ryan Remiorz)

Bankrupt railroad in Quebec derailment sold

The derailment last summer in Lac-Megantic was the worst railway accident in Canada in nearly 150 years.  More »
“We are reviewing our risk controls and procedures and we continue to strengthen all those areas that did not comply with Citi’s global standards and best practices,” Banamex General Director Javier Arrigunaga said. PHOTO/Emmanuel Dunand/FILESEMMANUEL DUNAND/AFP/Getty Images

Citigroup’s Mexican bank fires 11 in oil scandal

In February, Banamex said oil services company Oceanografia had used falsified invoices as collateral to obtain $585 million in loans.  More »
Last Mile - Final fueling

Shale boom sends U.S. crude production to 28-year high

Output rose 78,000 barrels a day to 8.428 million, the most since October 1986, according to Energy Information Administration data.  More »
(AP Photo/Lynne Sladky)

Argentine court orders probe of Chevron-YPF deal

Argentine President Cristina Fernandez is accused of abusing her power and harming the environment by issuing a decree last year that facilitated the deal.  More »
New Mexico Gov. Susana Martinez applauded the company’s investment in the state. AP

Rangeland building oil and gas hub in New Mexico

New Mexico Gov. Susana Martinez applauded the company’s investment in the state.  More »