TransCanada exec says Asian markets an option

A Canadian executive overseeing a plan to build a 1,700-mile oil pipeline from Canada to Texas says Canadian oil producers will look to Asian markets if the U.S. government fails to approve the Keystone XL pipeline project.  More »

Pa. chief to EPA: Let science be guide in Dimock

Pennsylvania’s environmental chief said the U.S. Environmental Protection Agency has only a “rudimentary” understanding of the contamination in Dimock, the northeastern Pennsylvania village where residential water wells were fouled by a gas driller.  More »

Oil rises on China’s growth in imports

Prices rose after China said oil imports grew 6 percent in December, when compared to a year earlier  More »

ND oil production exceeds 500,000 barrels daily

North Dakota oil drillers have surpassed a milestone of half a million barrels of oil a day.  More »

Venezuela doesn’t intend to pay more to Exxon

Venezuela’s oil minister said the government doesn’t intend to make additional payments to Exxon Mobil Corp. beyond about $255 million that it agreed to pay in a recent arbitration award.  More »

Texas Senate mulls drought impact on power supply

A Texas Senate committee will examine how current and future drought conditions might hurt the state’s capacity to generate electricity and could leave some areas without enough power.  More »

New NOAA study mirrors spill rate from BP well

Federal scientists say a new chemistry-based analysis of the 2010 oil spill in the Gulf of Mexico closely matches official estimates released at the time of the spill.  More »

Encana asks EPA to suspend fracking comment period

The owner of a central Wyoming gas field where federal regulators suggested a link between a drilling technique and groundwater pollution asked  More »

NJ lawmakers accept 1-year fracking ban

The New Jersey Legislature has accepted Gov. Chris Christie’s recommendation for a one-year ban on a natural gas drilling process known as hydraulic fracturing, or fracking, rather than continue to pursue a permanent ban.  More »

Mexico says 1,500-barrel oil spill controlled

Mexico’s Environment Department says a spill of 1,500 barrels of oil from a pipeline near the Gulf coast has been brought under control, and about 40 percent of the oil has been recovered.  More »

Oil prices fall as concerns about Iran retreat

Oil prices started the week lower after analysts said that nations should have ample supplies regardless of Iran’s threats to block exports from the Persian Gulf.  More »

Natural gas money may be lost to Alabama

Regulations to lease offshore state waters in Mississippi may produce revenues between $250 million and $500 million, according to the Mississippi Development Authority.  More »

Statoil makes large oil discovery in Barents Sea

Norway’s Statoil said Monday it has discovered a large oil reserve in the Barents Sea, its second major oil find in the Arctic region in less than a year.  More »

Amid BCS mania, BP pushes a feel-good Gulf story

Nearly 20 months after its massive Gulf of Mexico oil spill — and just as the nation focuses on New Orleans, host of the BCS title game — BP is pushing a slick nationwide public relations campaign to persuade Americans that the Gulf region has recovered.  More »

Federal agency cancels water delivery to Pa. town

The U.S. Environmental Protection Agency abruptly changed its mind Saturday about delivering fresh water to residents of a northeastern Pennsylvania village where residential wells were found to be tainted by a natural gas drilling operation.  More »