Illinois House panel approves rules to boost fracking

The Executive Committee voted 7-4 Monday to advance the plan by Rep. John Bradley despite protests from environmentalists.  More »

Sharp rise in West Coast oil trains, fears abound

The increasing numbers of trains, each carrying tens of thousands of barrels of potentially volatile crude from the Bakken oil fields in North Dakota, have raised concerns around the country after nine accidents in the past year.  More »

Possible solution found in Ukraine gas dispute

EU Energy Commissioner Guenther Oettinger stressed “we are not done” but said he is optimistic of an agreement.  More »

Oil futures down to near $104 after Ukraine vote

Natural gas fell after a proposed solution to a dispute over Ukrainian natural gas debts to Moscow was revealed, raising hopes that a supply cutoff would be averted.  More »

US plants prepare long-term nuclear waste storage

Nuclear power plants across the United States are building or expanding storage facilities to hold their spent fuel — radioactive waste that by now was supposed to be on its way to a national dump.  More »

Gulf LNG to begin pre-filing review with feds

Gulf LNG Liquefaction Co. is compiling data to support an application to the Federal Energy Regulatory Commission to add liquefaction and export capabilities to its $1 billion liquefied natural gas storage terminal in Pascagoula.  More »

Oil settles above $104 ahead of Ukraine vote

Holidays will keep markets closed on Monday in the U.S.  More »

Exxon extends Russia partnership despite sanctions

Exxon Mobil Corp. extended its partnership with Russia’s state-controlled oil company even as U.S. and European nations threaten additional sanctions to punish Vladimir Putin’s regime for its actions in Ukraine.  More »

Iraqi Kurds ship oil through region’s own pipeline

Iraq’s self-ruled northern Kurdish region said Friday that it has made its first oil shipment through its own pipeline to the international market, bypassing the central government in Baghdad, which insists that it has the sole right to develop and market the country’s natural resources.  More »

France’s Total signs shale deal with Russia’s Lukoil despite sanctions

French energy company Total SA is hooking up with Russia’s largest private oil company to explore and develop a huge Siberian shale oil field.  More »

Executive says Bakken oil threatened by safety missteps

“If we have anything, they’re going to shut us down,” Harold Hamm said. “So many people want to stop fossil fuel use and production.”  More »

Oil eases but remains near $104 a barrel

The U.S. oil price hit a one-month high earlier in the week.  More »
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