Tag: Houston Chronicle

Anadarko plans to sell all Brazil oil blocks, ANP says

Anadarko Petroleum Corp., the largest U.S. independent oil and natural-gas company by market value, plans to sell all its blocks in Brazil, a director at the nation’s crude regulator said.  More »

President Barack Obama to step up power line projects

The Obama administration wants to speed up permitting and construction of seven proposed electric transmission lines in 12 states, as it moves to create jobs and modernize the nation’s power grid.  More »

Texas officials says EPA regulations based on “flawed science”

Tougher ozone standards that President Barack Obama withdrew in early September and their purported health benefits touted by the Environmental Protection Agency were based on flawed science, a Texas official charged today.  More »

Exxon Mobil says jury’s gas-leak damages award was excessive

Exxon Mobil Corp. said it shouldn’t be forced to pay more than $1 billion in punitive damages over a 2006 gasoline leak in Maryland that allegedly fouled residents’ drinking water.  More »

Obama has no regrets about Solyndra loan

President Barack Obama said he does not regret a $528 million loan to a solar energy company that later collapsed, saying officials always knew a clean energy loan program would not back winners 100 percent of the time.  More »

Chemical mixing sparks massive Texas plant fire

A fire sparked as workers mixed chemicals at a plant south of Dallas shot massive plumes of black smoke and bright orange flames into the sky Monday, forcing schoolchildren and residents to evacuate or take cover indoors to avoid possible exposure to dangerous gases.  More »

Pa. would let counties set gas drilling fees

Gov. Tom Corbett released a plan for Pennsylvania’s natural gas boom that would allow the state’s counties to impose a fee on drilling to help pay to regulate it and fix environmental damage in communities where it is happening.  More »

British firm buys control of Libyan oil field company

British company Heritage Oil PLC said today that it has acquired a controlling interest in a Libyan company licensed to provide oil field services including offshore and land-based drilling.  More »

Nigeria: Pipeline attacked in oil-rich delta

Italian oil firm Eni SpA says a pipeline carrying some of its crude out of Nigeria’s oil-rich southern delta has been attacked.  More »

Chevron uses solar-thermal steam to extract oil in Calif.

Chevron Corp., the second-largest U.S. oil company, began extracting crude from a southern California field using steam produced by a 29-megawatt solar- thermal power plant.  More »

Economy, environment, politics figure in Keystone fight

Shell, ConocoPhillips and other energy companies with deep Texas ties are betting billions on investments in Canadian oil sands prospects, with hopes of refining that crude and selling it to customers in the U.S. and overseas.  More »

Industry adds more voices to gas debate

No longer content to be passive observers of the debate, some of the largest oil companies in the U.S. have begun mounting their own, more forceful defense against criticism of the boom in natural gas development.  More »

Shell hopes to break the ice on Arctic drilling

A ship taking shape along the balmy Gulf Coast will have to sail a long way to do what it does best.  More »

How do you get power plants to show up on a hot day? Jack up prices

State power officials are considering doubling the maximum allowable price for power during peak usage as a way to convince companies to build more power plants.  More »

Oil drops below $78 on weak demand

Oil prices extended losses today, falling to near $78 a barrel, as Europe’s debt crisis roiled markets and falling personal incomes in the U.S. suggested slack demand for fuel.  More »
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