Russia cuts gas supply to Ukraine

Russia on Monday cut gas supplies to Ukraine as a payment deadline passed and negotiators failed to reach a deal on gas prices and unpaid bills amid continued fighting in eastern Ukraine.  More »

Four in 10 higher risk wells aren’t inspected by feds

Four in 10 new oil and gas wells near national forests and fragile watersheds or otherwise identified as higher pollution risks escape federal inspection, unchecked by an agency struggling to keep pace with America’s drilling boom.  More »

Oil keeps rising, nears $107 on Iraq fighting

The price of oil continued to climb Friday, nearing $107 a barrel as Iraq’s widening insurgency fueled concerns that crude supplies from OPEC’s No. 2 producer could be hurt.  More »

Workers in key industries getting most pay raises

Oil and gas workers earned an average 11 percent more an hour in April than they did a year ago, according to the Bureau of Labor Statistics. That’s more than five times the average gain across all industries.  More »

Judge throws out conviction of ex-BP engineer

A federal judge has thrown out the conviction of a former BP engineer who was convicted of deleting company text messages related to the 2010 Gulf of Mexico oil spill.  More »

Oil jumps past $106 on Iraq violence

An al-Qaida-inspired group that captured two key cities in Iraq earlier this week vowed Thursday to march on to Baghdad.  More »

Iraq violence threatens OPEC’s precarious balance

The upheaval in Iraq could throw the world’s remarkably stable oil market out of balance, threatening a delicate equilibrium that has kept prices steady for four years.  More »

Perry: California should learn something from Texas

During the bulk of his controversial talk to the Commonwealth Club of California , Perry held up his own state as a model for responsible energy production and economic growth.  More »

Oil boom produces jobs bonanza for archaeologists (photos)

Across the hyperactive oil fields of North Dakota, oil companies’ drilling plans often must wait for another team known for slow, meticulous study — archaeologists.  More »

Drilling states explore earthquake issue

In 2012, Gov. John Kasich halted disposal of fracturing wastewater surrounding a well site after a series of earthquakes later tied to a deep-injection well.  More »

Ukraine rejects Putin’s offer of gas discounts

Russian President Vladimir Putin said Russia was offering the discount as a “partnership deal.”  More »

Oil barely changes after World Bank forecast

The World Bank downgraded its forecast for the global economy this year.  More »
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