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The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The Columbus Dispatch reports that oil and gas companies formally expressed interest to the U.S. Bureau of Land Management in drilling about 31,900 acres of the forest through hydraulic fracturing, or fracking.
The Alaska Senate on Tuesday approved legislation that would give the state a greater share in a proposed liquefied natural gas project by buying out one of the project’s partners.
A new report quotes one contractor as saying his clean-up was “a cover-up” that involved simply turning over earth to let spilled oil dry for a few days, then returning the still-contaminated soil to the ground.
The commission previously ordered hearings after a university study suggested the companies’ wells were responsible for quakes that shook Reno.
After 10 years of drilling, shale operators have more natural resources than the infrastructure to deliver it. There’s now more supply than demand, and pipeline builders are seizing the opportunity and submitting plans for an underground network to move through Pennsylvania.
While the overall number of earthquakes skyrockets in Oklahoma, the new director of the state Geological Survey says there has been a modest decline over the last three months.
In a filing Friday with federal regulators, Dominion Energy said the changes would reduce the potential impacts on salamander habitats in the Monongahela National Forest in West Virginia and the George Washington National Forest in Virginia.
But North Dakota’s Industrial Commission is giving drillers an extra year, hoping for a rebound in crude prices that would provide the state with a better long-term payoff in tax revenue.
The $225 million refinery in central Iowa is touted as the world’s largest cellulosic ethanol plant, which is designed to make 30 million gallons annually once it’s in full production next year.