Horizontal drilling fuels latest Oklahoma oil boom

More than 4,600 oil and natural gas wells were completed in Oklahoma last year as part of a domestic boom that is affecting many parts of the nation, according to reports filed with state regulators.  More »

Iraq upheaval threatens oil development plans

The turmoil in Iraq has thrown the OPEC member’s ambitious plans to boost oil production into doubt, threatening to crimp its most vital economic lifeline.  More »

Oil, gas project OK’d on Nevada sage grouse land

Federal land managers have approved an oil and gas project involving hydraulic fracturing, or fracking, in a portion of northeast Nevada identified by state wildlife officials as essential habitat for the imperiled greater sage grouse.  More »

Oil rises on Iraq conflict, upbeat China data

The price of oil rose Monday, with global crude hovering near a nine-month high, after Islamic militants captured more territory in Iraq and a report on Chinese manufacturing indicated that the No. 2 economy is on the mend.  More »

Oil drilling threatens solitude of national park

Oil development is strictly forbidden within Theodore Roosevelt National Park itself, but park officials worry that the flares, lights and noise from drilling just beyond the protected area are sullying the natural spaces cherished by Roosevelt as a bespectacled young man in his mid-20s.  More »

France agrees to buy 20% stake in Alstom

The final obstacle to GE’s $17 billion takeover of Alstom’s power division was overcome Sunday after the French government agreed to terms with the French engineering company’s main shareholder.  More »

Colorado GOP gubernatorial candidates discuss fracking

The four Republican gubernatorial contenders in Colorado’s Tuesday primary answer questions about what they’d do if elected. Here, they talk about how fracking. Each responded in writing. Answers were edited for space reasons  More »

Oil prices end week with a slight gain

A battle for control of Iraq’s biggest refinery remained undecided.  More »

California city pursues gas-pump warning labels

The San Francisco Bay Area city of Berkeley is moving forward with plans to put climate-change warning labels on gas pumps in what could be the first such requirement of its kind in the nation.  More »

Nigerian fishermen reject Shell’s $50 million

Shell already accepts responsibility for paying compensation and cleaning up spills caused by its own failures.  More »

Oil companies sued for MTBE pollution in Pennsylvania

The companies’ conduct was “wanton, malicious, oppressive and fraudulent,” the lawsuit said, and they “fraudulently, deceptively and unfairly” marketed MTBE as safe for the environment.  More »

Oil gains as Iraq violence weighs on supply fears

The price of U.S. benchmark crude for July delivery rose 46 cents to $106.43 per barrel.  More »
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