Court hearing to discuss oil spill subpoenas

Prosecutors and the owner of the rig that exploded and led to the massive 2010 Gulf oil spill were to argue in court over whether the company should honor subpoenas from a federal board investigating the accident.  More »

Keystone XL opponents decry Nebraska pipeline bill

Opponents of the Keystone XL pipeline proposal say a Nebraska bill on the verge of final lawmaker approval would effectively rubber-stamp the project.  More »

Texas spends Gulf oil spill cash on conservation

Texas is the first state to confirm a deal to spend settlement money from the Gulf oil spill for long-term coastal conservation, working with a private nonprofit to cut through red tape and buy 80 acres of prime habitat for endangered whooping cranes.  More »

Employers gather for NY’s 1st shale gas job fair

Businesses ranging from wildlife consultants to titans of the oil and gas industry will gather in Binghamton for New York’s first shale gas job fair, buoyed by hopes that state regulators will lift a four-year-old ban and start permitting hydraulic fracturing this year.  More »

North Pole Refinery to cut back on capacity

Operators of the North Pole refinery say they are taking steps to idle their No. 1 crude oil refining unit, which will mean the loss of 35 to 40 jobs over five months.  More »

Scots deploy taste testers to sample gas leak fish

The Scottish government says it has deployed taste testers to sample fish found around the site of a North Sea gas leak.  More »

Army lab to develop energy-saving technology

A new Army laboratory will develop technology such as fuel cells and hybrid systems for combat vehicles as the Pentagon steps up its push for cleaner and more reliable energy, federal officials said Wednesday.  More »

Oil below $102 amid US crude supply increase

Oil prices lingered below $102 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more than expected for a third week, suggesting demand remains weak.  More »

Chevron says first-quarter profit will beat fourth-quarter

The oil company said Tuesday that it also benefited from higher refining profit margins, lower operating costs, and gains from selling assets.  More »

Oil futures settle at a two-month low

Benchmark U.S. crude dropped by $1.44 to $101.02 per barrel.  More »

Drivers to pay 6 pct more for gas this summer

U.S. drivers will pay an average of 24 cents more per gallon for gasoline during this summer’s travel season, the government says.  More »

ERCOT doesn’t foresee rolling summer power outages

The state’s electric grid operator is predicting that Texas will make it through the summer without rolling outages after the system was pushed to the brink last year.  More »