For NY farmers, fracking means salvation — or ruin
When Dan Fitzsimmons looks across the Susquehanna River and sees the flares of Pennsylvania gas wells, he thinks bitterly of the riches beneath his own land locked up by the heated debate that has kept hydraulic fracturing, or fracking, out of New York. More »
Offshore inspectors use Mr. Charlie
Federal regulators are using a historic drilling rig in Morgan City as a classroom for new inspectors. More »
Total to put staff back on North Sea platform
The French oil company Total says it is preparing to put staff back on a North Sea platform after confirming that a gas leak has been stopped. More »
200-year-old shipwreck found in Gulf of Mexico
An oil company exploration crew’s chance discovery of a 200-year-old shipwreck in a little-charted stretch of the Gulf of Mexico is yielding a trove of new information to scientists who say it’s one of the most well-preserved old wrecks ever found in the Gulf. More »
Repsol: Exploratory oil well off Cuba comes up dry
Spanish oil company Repsol says an exploratory well it drilled off Cuba is unsuccessful and will be abandoned. More »
Court denies request to rethink pipeline ruling
A state appeals court has refused to reconsider a decision that lets Calgary-based TransCanada avoid paying nearly $19 million in property taxes for 2011. More »
Enbridge enlarging pipeline that ruptured in 2010
Enbridge Inc. will enlarge a pipeline that ruptured nearly two years ago in southwestern Michigan so it can carry more oil from deposits in western Canada and North Dakota, a company official said Thursday. More »
Oil falls to near $92 after sharp 2-week selloff
Oil prices fell to near $92 a barrel Friday in Asia, extending a sharp two-week selloff as the latest twists in Europe’s debt crisis added to a gloomy economic outlook. More »
Administration moves to sets stiff tariffs on China solar panels
The Obama administration is moving to impose stiff new tariffs on solar panels made in China, finding that Chinese companies are improperly flooding the U.S. market with government-subsidized ones.
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Judge recuses herself from ex-BP engineer’s case
A federal judge in New Orleans has recused herself from the criminal case against a former BP engineer charged with deleting text messages about the company’s response to the 2010 oil spill in the Gulf of Mexico. More »
Vt. becomes 1st state to ban hydraulic fracturing
Gov. Peter Shumlin on Wednesday signed into law the nation’s first ban on a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground. More »
ND oil tax ‘Legacy Fund’ tops $350M in 9 months
A newly created North Dakota trust fund for oil taxes now has about $353 million. More »
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