Chron Energy Items: 03.25/26.08

A few of the recent energy related stories in the Houston Chronicle or on
Chevron executive touts conservation: The U.S. government must make conserving energy the “American thing to do” as the world’s energy needs increase and fossil fuels become harder to find, a top Chevron Corp. executive said Tuesday.
Natural gas markets to feel growing pains: A rush of new projects moving natural gas from areas like Texas’ Barnett Shale through a pair of Louisiana pipeline hubs could increase volatility for the fuel in the short term and drive down prices in the long term, according to a new study.
NRG, Toshiba join for nuclear ventures including Texas projects: NRG Energy will form a new business with Toshiba Corp. to develop nuclear power projects in the U.S., including construction of the two new reactors planned for the existing South Texas Project plant near Bay City.
Prosecutors deny hiding evidence from ex-Enron chief: Former Enron CEO Jeff Skilling’s claims that federal prosecutors hid critical evidence to buff up their case against him while illegally undermining his defense are overblown with “hyperbolic rhetoric,” the government said in a filing with an appeals court today.
BP recalling 148 workers from Russia: Associated Press — BP PLC is recalling 148 employees in Russia because of alleged visa problems, an official said today, as pressure mounted against the British energy giant following a police raid on its Russian joint venture and the arrest of an employee on industrial espionage charges.
Cuba makes waves with offshore plans: South Florida Sun-sentinel — Imagine oil rigs drilling in deep waters just 45 miles off South Florida. Refineries process the oil in Cuba and sell it across the Caribbean and beyond. Canadian and Mexican companies supply billions of dollars in equipment and services.
Holdout Citigroup settles Enron case for $1.66 billion: Bloomberg News — Citigroup, the biggest U.S. bank by assets, will pay $1.66 billion and give up an estimated $4.25 billion in claims to settle a lawsuit by Enron creditors over the former energy trader’s bankruptcy case.