Posted on April 5, 2012 at 6:43 am by Associated Press in
Natural Gas
Opponents of an Oklahoma company’s plans to build an oil waste facility near the southwest North Dakota town of Belfield have submitted petitions asking Stark County officials to reconsider approval.
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Posted on April 5, 2012 at 6:39 am by Associated Press in
Crude Oil Prices,
Oil
Oil prices rose above $102 a barrel Thursday in Asia, rebounding from a two-day sell-off fueled by a jump in U.S. crude supplies and speculation the Federal Reserve won’t implement another round of monetary stimulus to boost economic growth.
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The decline coincided with a sell-off in U.S. stock markets.
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Posted on April 4, 2012 at 1:15 pm by Associated Press in
Alaska,
Pipelines
The state could decide this week whether to give TransCanada Corp. permission to shift its attention to a liquefied natural gas project, capable of overseas exports.
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Posted on April 4, 2012 at 11:31 am by Associated Press in
Deals
National-Oilwell Varco, Inc. said Wednesday it has completed its $670 million acquisition of a Danish pipe product maker.
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Posted on April 4, 2012 at 10:11 am by Associated Press in
Legal issues
Utility company Dynegy Inc. says it reached an agreement with creditors that will let the company move forward with bankruptcy proceedings for a subsidiary.
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Posted on April 4, 2012 at 6:39 am by Associated Press in
Energy demand
Apple has filed plans with the N.C. Utilities Commission to build what is being touted as the nation’s largest private fuel cell energy project, a silent power plant that will generate electricity from hydrogen.
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Posted on April 4, 2012 at 6:30 am by Associated Press in
Accidents,
Workforce
One man has been injured while conducting high-pressure testing on equipment at an oil and natural gas services plant in El Reno.
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Benchmark U.S. crude fell $1.22 to end the day at $104.01 per barrel in New York.
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Posted on April 3, 2012 at 10:17 am by Associated Press in
Deals,
General
Billionaire investor Carl Icahn said Tuesday that a majority of CVR Energy Inc. shares have been tendered in support of his hostile takeover bid for the oil refiner.
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Posted on April 3, 2012 at 6:50 am by Associated Press in
Fracking,
Natural Gas,
Water
Two Northern Panhandle residents are suing Chesapeake Appalachia LLC over well water contamination they believe was caused by natural gas drilling.
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Posted on April 3, 2012 at 6:45 am by Associated Press in
Drilling,
Natural Gas
Natural gas wells using the drilling method known as hydraulic fracturing are producing at a much higher rate than traditional wells, according to the first look at production figures from nine active wells in the Utica Shale formation in eastern Ohio.
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