Collin Eaton
Prior to joining the Houston Chronicle in 2013, Collin Eaton covered the local banking and finance scene at the Houston Business Journal. Before that, he held internships at newspapers in Texas and Washington D.C., writing about business, money or higher education. He graduated from the University of Texas at Austin in 2011.
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Phillips 66 to sell refining stake in Asia for $635M
Phillips 66 is ending its ties to its refining business in Asia with a deal announced Wednesday to sell its 47-percent stake in a Malaysian refinery for $635 million in cash. More »
Former NSA chief: Congress must pass cyber laws to protect energy, finance
More than half of the 200 or so cyber-attacks reported to the Department of Homeland Security’s industrial control systems emergency response team have targeted energy companies, and and economic espionage cases have more than doubled in the last 18 months. More »
Judge denies BP request to oust oil spill claims boss
A federal judge on Monday refused to oust the claims administrator in charge of dispensing BP’s oil spill settlement money to Gulf Coast claimants, despite BP’s criticisms in recent months. More »
Transocean to retire more rigs, execs say
Transocean lost billions of dollars in the third quarter as it faced sinking demand for offshore rigs and as it wrote down the value of its drilling business. More »
Transocean expects $2.76 billion in writedowns
Swiss drilling contractor Transocean has written off $2.76 billion in book value for its offshore rigs as it faces falling day rates and weaker demand for deep-water drilling. More »
Anadarko hopeful West Texas midstream buy will up output
Marrying rigs, pipes and processing plants doubled Anadarko Petroleum Corp. production in Colorado’s Wattenberg field, so the oil company is betting $1.5 billion it will work again in West Texas. More »
Investors lose bid to stop vote on Kinder Morgan deal
A Delaware state judge denied a request by investors to delay a shareholder vote on Kinder Morgan’s $44 billion deal to fuse all of its companies. More »
Hercules Offshore to lay off 324 workers
Houston-based drilling rig contractor Hercules Offshore has told Texas regulators it will lay off 324 employees as it shuts down four rigs in the Gulf of Mexico. More »
ERCOT: Texas grid should have sufficient supplies through winter
Increased electric resources should keep the Texas power grid sufficiently supplied through the expected colder-than-normal winter season, officials for the state’s grid operator said Friday. More »
McClendon’s West Texas venture plans Wall Street debut
Wildcatter Aubrey McClendon’s oil and gas startup in West Texas may be the latest venture in the Permian Basin to beckon for Wall Street investors, sitting astride one of the most lucrative U.S. shale plays. More »
Cheniere’s tentative settlement could restrict stock grants through 2017
Cheniere Energy has reached a pre-settlement pact with investors that will put restraints on pay after CEO Charif Souki’s $142 million annual takehome had outpaced every other U.S. CEO’s last year. More »
NOV CEO: Rig count may fall modestly in 2015
National Oilwell Varco saw higher demand for rig equipment and aftermarket services. More »
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