Yearly Archives: 2012

Chesapeake management draws more fire

Chesapeake Energy’s board of directors is drawing more fire, this time from two major shareholder advisory services. International Shareholder Services and Egan-Jones Proxy Services are calling for changes to the board, which they say has failed to curb the aggressive debt strategies of Chesapeake chief executive officer Aubrey McClendon.  More »
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Mitsubishi I Miev makes Houston debut

Jackey Noons rolled off the Champion Mitsubishi lot in a brand new all-electric Mitsubishi Miev.  More »
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Total expects to resume Elgin output before year-end after leak

Total SA (FP), Europe’s third-largest oil company, expects to resume production at its Elgin and Franklin fields before the end of 2012 after plugging a natural-gas leak.  More »
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Icahn holds about 80% of CVR Energy, as full board control

Billionaire Carl Icahn has acquired about 80 percent of oil refiner CVR Energy Inc. following a $2.6 billion tender offer and has taken full control of the company’s board.  More »
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Environmentalists criticize Ohio drilling rules

Environmental advocates were among dozens of witnesses lining up to testify Monday on a bill laying out Ohio’s new regulations for horizontal shale drilling and the use of renewable energy.  More »
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Businesses reducing energy by 25 percent as recession lingers

Businesses are reducing their energy consumption up to 25 percent in response to the recession, according to a Deloitte & Touche survey released today.  More »
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Oil prices up on expectations for improving demand

Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran’s nuclear program.  More »
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Pa. firm announces $380M gas pipeline expansion

A Pennsylvania company will invest $380 million to expand natural gas pipelines in the state.  More »
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How the Keystone XL could bring higher gas prices to Texas

The Keystone XL pipeline might be a good thing for job creation and crude oil supply, but it might not have the same positive effect on gasoline prices.  More »
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The Spoils of Oil – Oil’s Divisive Influence: The Case of Iraq

The future economic security of Iraq rests upon the management of its natural resources, but a festering dispute between the autonomous region of Iraqi Kurdistan and the central government in Baghdad threatens to destabilize more than just Iraq’s economy, according to an article published in The Majalla last week on “Oil’s Divisive Influence: The Case [...]  More »
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Matagorda County coal plant developer fights new EPA rules

Analysts predicted early retirement for some coal-fired power plants when the Environmental Protection Agency issued new limits on emissions of mercury and other toxic pollutants last year.  More »
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Head of US nuclear safety agency to step down

The head of the U.S. Nuclear Regulatory Commission announced Monday that he will resign as soon as a successor is confirmed to lead the country’s nuclear safety agency, a decision that comes after fellow commissioners publicly rebuked Jaczko and accused him of acting like a bully.  More »
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