Nation’s biggest nuclear firm makes a play for green money

Chicago-based Exelon essentially wants to change Illinois state rules for its power market as the nuclear industry competes with historically low prices for natural gas.  More »

Low oil prices force 2 Oklahoma companies to cut jobs

Samson Resource Co. produced oil and liquids after primarily being a natural gas driller. The company reported a net loss of $1.6 billion for its third fiscal quarter in 2014. The company’s layoffs are effective immediately.  More »

Senate approves long-delayed bill to boost energy efficiency

The Senate bill was co-sponsored by Democrat Jeanne Shaheen of New Hampshire and Republican Rob Portman of Ohio. A similar bill was defeated last year after it became enmeshed in a partisan fight over the Keystone XL oil pipeline.  More »

Wyoming suit contests federal rules for public land drilling

The lawsuit in U.S. District Court of Wyoming also claims the U.S. Bureau of Land Management overstepped its statutory jurisdiction with the rules and that they conflict with the Safe Drinking Water Act.  More »

Dow Chemical, Olin in $5 billion cash-and-stock deal

Dow has been under pressure from the hedge fund Third Point LLC to split its specialty chemical and petrochemical businesses.  More »

FERC directs Texas pipeline company to investigate alternatives

The city of Green has proposed moving about 103 miles of the Nexus pipeline away from southern Summit County and northern Stark County into southern Stark and Wayne counties, then western Wayne, Medina and Lorain counties.  More »

2 U.S. funds to invest $900 million in Mexican gas pipeline

The Los Ramones pipeline will transport natural gas from Texas to Mexico.  More »

Oklahoma adds more counties to earthquake list

Letters were sent last week to 92 companies holding permits for waste-water disposal wells directing them to provide evidence that their wells are not at a depth most likely to trigger earthquakes.  More »

Energy Department study: Shale won’t last, Arctic drilling needed now

In order for the U.S. to keep domestic production high and imports low, oil companies should start probing the Artic now because it takes 10 to 30 years of preparation and drilling to bring oil to market, according to a draft of the study’s executive summary obtained by the Associated Press.  More »

Both Democrats and Republicans are unhappy with new fracking rules

Republicans say the new regulations, announced last week, will delay new drilling projects and take marginal lands out of production. Democratic lawmakers say the regulations are so mild that they won’t change current operating standards.  More »

Cyprus draws Norway parallel after latest gas quest failure

President Nicos Anastasiades told reporters Thursday he’s not disheartened by the failure of an Italian-South Korean consortium to find commercially viable amounts of gas during exploratory drilling in an area off Cyprus’ southern coast.  More »

Japan uses climate cash for coal plants in India, Bangladesh

Despite mounting protests, Japan continues to finance the building of coal-fired power plants with money earmarked for fighting climate change, with two new projects underway in India and Bangladesh.  More »

Shell cuts staff numbers in North Sea operations

The price of Brent crude, an international variety of oil, dropped about 50 percent last year and the industry is scrambling to figure out how to address the price shock.  More »

Mexico says arson at U.S. company linked to extortion

Smaller Mexican companies have been subject to such extortion demands, but larger, foreign-owned firms have seldom been acknowledged as targets.  More »

North Dakota oil rig count drops below 100

North Dakota is the nation’s No. 2 oil producer behind Texas. North Dakota has been producing about 1.2 million barrels of oil daily.  More »
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