Houston Chronicle Energy News

Reporting from the daily edition.
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, 2014. (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 »
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 »