Houston Chronicle Energy News

Reporting from the daily edition.
In this July 28, 2014 photo, Rick Huffstutlar walks through a pasture at his home with wind turbines in the background in Calumet, Okla. A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners. Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly.   (AP Photo/Sue Ogrocki)

Oklahoma reconsiders wind subsidies as industry power grows

Now that wind turbines stand tall across many parts of the nation’s windy heartland, some leaders in Oklahoma and other states fear their efforts succeeded too well, attracting an industry that gobbles up huge subsidies, draws frequent complaints and uses its powerful lobby to resist any reforms.  More »
Jim Ratcliffe, left, the founder of Ineos, released an open letter lamenting the European petrochemical industry's inability to compete with chemical companies in the United States. (ED Jones/AFP/Getty Images)

U.S. petrochemical renaissance sows worry in Europe

European chemical companies face greater pressure to rethink they way they do business in if they want to compete against U.S. petrochemical plants, which have been buoyed by the shale boom.  More »
U.S. Senator Ed Markey, D-Mass (SAUL LOEB/AFP/Getty Images)

Democrats to Obama: Get tough on oil companies drilling on public land

At issue is the Interior Department’s proposed rule to tighten standards for wells on federal and Indian lands, including new mandates for the hydraulic fracturing process used to coax oil and gas out of dense rock formations.  More »
This July 6, 2013 file photo shows smoke rising from railway cars carrying crude oil after derailing in downtown Lac Megantic, Quebec. (AP Photo/The Canadian Press, Paul Chiasson, File)

Oil, rail industries want up to 7 years to fix tank cars

The Transportation Department is weighing tougher safety regulations for rail shipments of crude, including stronger tank cars, slower train speeds and more advanced train braking systems.  More »
Yellow oil barrels

Crude oil in U.S. slides most in 22 months on growing supply

Oil for November delivery fell $3.41 to end at $91.16 a barrel.  More »
oil and gas by rail

Oregon senators ask for more oil train notifications

Four West Coast senators are asking the federal government to expand a recent order for railroads to notify state emergency responders of crude oil shipments.  More »
Nancy and Rich Kinder at "Modern" the  Museum of Fine Arts Houston's Grand Gala Ball  Friday Oct. 12,2012.(Dave Rossman photo)

Kinder, Duncan family move up on Forbes list of richest energy tycoons

Thanks to Texas’ energy boom, several Houston residents rose on Forbes’ annual list of the richest people in the United States.  More »
Jim Gallogly, CEO of Lyondellbasell. (Houston Chronicle)

LyondellBasell’s CEO announces retirement

Jim Gallogly, the CEO who helped haul struggling chemical company LyondellBasell out of bankruptcy, will retire early next year, the company announced Monday.  More »
(Photo: Fotolia)

Consumer spending report boosts oil futures

Oil for November delivery increased $1.03 to $94.57 a barrel.  More »
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip / Houston Chronicle )

Houston energy billionaires gain ground in Forbes’ richest Americans list

Most of Houston’s richest oil and pipeline tycoons added to their fortunes in 2013.  More »
Eagle Ford Shale production surges, despite dramatic well declines in the first year, the EIA reported.

Eagle Ford continues to gush despite rapid well declines

Although Eagle Ford wells tend to drop in production by 60 to 70 percent in the first year, the shale has seen significant surges in crude oil production, the U.S. Energy Information Administration said in a report released Monday.  More »
Cheniere Energy sabine pass liquefied

Construction progresses at Cheniere’s Sabine Pass terminal

The Houston-based company is adding liquefaction capabilities to export LNG as it capitalizes on the surge of cheap abundant gas unlocked by the U.S. shale boom.  More »