Houston Chronicle Energy News

Reporting from the daily edition.
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 »
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Report says Keystone contractor followed federal rules

The State Department followed federal guidelines regarding use of outside contractors, the report said.  More »
BPsign

BP loses ruling on payments to seafood workers

At issue are alleged improprieties by a lawyer involved in the spill accord,  More »
(Photo: Fotolia)

Oil gains as U.S. supplies rise less than expected

Crude for April delivery rose 76 cents to $102.59 a barrel.  More »
An Argentine flag, bottom, and a flag of the YPF oil company flutter in front of the YPF headquarters in Buenos Aires. (AP Photo/Natacha Pisarenko)

Spain’s Repsol accepts $5 billion for Argentine unit

The approval marks the end of a bitter dispute that hurt relations between the two countries.  More »
Williams Tower in Houston's Galleria area is named after the pipeline giant. (Photo: Hines)

Williams Cos. to give board seat to Icahn protege

Williams underperformed its peers last year.  More »
eog

EOG Resources reports oil production boost

CEO William R. Thomas, who took over in December, plans to boost crude output by 27 percent in 2014.  More »
Oil Barrel

Oil and natural gas fall on weather forecasts

Crude for April delivery dropped 99 cents to close at $101.83 a barrel.  More »
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

Oil rises, but natural gas sinks in volatile trade

Natural gas futures one point neared $6.50 per 1,000 cubic feet before dropping to to $5.45.  More »