Oil price dropping on concerns about Europe

Growing concerns about the European debt crisis on today pulled oil prices down to their lowest level this month.  More »

Iraq: Bomb attacks force drop in oil production

The Iraqi Oil Ministry says production at the country’s largest oil field has been cut in half by bomb attacks on domestic oil pipelines.  More »

IEA warns high oil prices threaten global economy

High oil prices threaten to worsen a global economic slowdown and crude producers should consider boosting output, the chief economist for the International Energy Agency said today.  More »

Environmental group says more coal ash pollutants

An environmental group today added 20 sites to its list of almost 140 nationally where it contends coal ash appears to have contaminated groundwater or soil at unsafe levels.  More »

Colorado approves fracking disclosure rules

Colorado regulators have approved new rules requiring energy companies to publicly disclose chemicals used in hydraulic fracturing but allowing them to protect trade secrets and to provide 48 hours notice before pumping chemicals underground.  More »

Suit filed to block oil lease sale

Environmental groups are attempting to block the first auction of offshore petroleum leases in the western Gulf of Mexico since the Deepwater Horizon disaster in 2010.  More »

Chinese fishermen file suit against ConocoPhillips

A group of more than 100 Chinese fishermen filed a lawsuit Tuesday seeking compensation from ConocoPhillips China, blaming oil spills from some of its offshore wells for damage to their sea cucumber catches.  More »

Criticized by some, Marcellus bill clears panels

The Senate Judiciary and Finance committees endorsed new rules Monday for West Virginia’s share of the Marcellus shale field, amid criticism of the proposal’s attempt to regulate drilling in the vast natural gas reserve.  More »

GOP embraces showdown over oil pipeline, tax cuts

Sensing a political opening, congressional Republicans are moving toward a high-stakes showdown with President Barack Obama over a plan to link fast-tracked approval of an oil pipeline to a measure renewing a payroll tax cut.  More »

OPEC likely to keep output at present levels

Ministers from the OPEC oil cartel are expected to agree to a common position when they meet Wednesday, in sharp contrast to their last meeting in June which broke up in acrimony.  More »

State Department says GOP bill could kill pipeline

The Obama administration says a Republican bill to fast-track approval of an oil pipeline from Canada could lead to the project’s demise.  More »

Oil falls below $98 on European concerns

Oil prices are reflecting “concerns over a eurozone debt crisis that may already be forcing a recession that could significantly inhibit oil demand,” oil trader analyst Jim Ritterbusch said.  More »

Neb. gov supports efforts to speed up Keystone XL

Gov. Dave Heineman says he supports efforts to accelerate the federal approval process for a controversial crude oil pipeline through Nebraska.  More »

Texas coal plant cuts deal with environmentalists

A coal-fired power plant set to open next year in Texas has agreed to cut mercury and smog-causing emissions and invest in clean energy projects as part of a legal settlement with environmental groups.  More »

Colo. regulators to deliberate on fracking Tuesday

Colorado regulators are close to deliberating on proposed new regulations for hydraulic fracturing.  More »