OPEC chief hopes EU won’t impose Iran oil embargo

OPEC’s top official says he hopes the European Union will not impose sanctions on Iranian oil as tensions escalate between Tehran and the West.  More »

Chavez: Venezuela willing to talk with Exxon Mobil

Venezuelan President Hugo Chavez says his government would be open to negotiating with Exxon Mobil Corp. in a dispute over the nationalization of an oil project in the country.  More »

Coolant leak likely cause of Volt fires

The liquid solution that cools the Chevrolet Volt’s batteries is the likely cause of fires that broke out inside the electric car after government crash tests, a person briefed on the matter said.  More »

NRC Chief says industry must heed lesson of Japan

The nation’s nuclear safety chief said he is worried that U.S. nuclear plant operators have become complacent, just nine months after the nuclear disaster in Japan.  More »

Revenue from Marcellus drilling income taxes is lower

A re-evaluation of state personal income tax returns has shown Pennsylvania received much less tax money than it expected from natural gas royalties.  More »

EPA slams Pa.’s new Marcellus air pollution rules

The U.S. Environmental Protection Agency is criticizing new rules the Pennsylvania Department of Environmental Protection is using to determine how to regulate air pollution from Marcellus shale gas wells and development sites near one another.  More »

Agencies sign off on proposed Arctic bridge

Two federal agencies have reached an agreement with ConocoPhillips Alaska that moves the company closer to building the first bridge and pipeline over the Colville River on Alaska’s North Slope.  More »

Enbridge partnership to make $145M ND investment

Enbridge Energy Partners LP says it will make an additional $145 million investment to enhance the capability of its North Dakota crude oil system.  More »

Radiation traces found in Japanese baby formula

Traces of radiation spilled from Japan’s hobbled nuclear plant were detected in baby formula Tuesday in the latest case of contaminated food in the nation.  More »

Entergy to spin off transmission business to ITC

Utility holding company Entergy Corp. plans to spin off its electric transmission business and merge it into ITC Holdings Corp., which operates power transmission lines in the Midwest.  More »

Questions swirl around $6 billion nuclear lab

At Los Alamos National Laboratory, scientists and engineers refer to their planned new $6 billion nuclear lab by its clunky acronym, CMRR, short for Chemistry Metallurgy Research Replacement Facility. But as a work in progress for three decades and with hundreds of millions of dollars already spent, nomenclature is among the minor issues.  More »

Oil rises to near $102 as Iran tensions rise

Oil prices rose to near $102 a barrel today in Asia amid growing tensions between Iran and Western powers and signs the U.S. economy is improving.  More »

3 foreign oil workers, 2 from US, freed in Nigeria

Authorities say gunmen have released at least two workers who were kidnapped two weeks ago from a ship supplying a Chevron Corp. offshore oil field in waters off Nigeria.  More »

Shell pulls out of Syria

A spokeswoman says Royal Dutch Shell PLC has instructed its several dozen employees in Syria to halt work after being required to do so by the European Union.  More »

Wyo. coal-to-liquid plant lines up gasoline buyer

A company planning a long-awaited $2.7 billion coal-to-liquids plant in southeast Wyoming announced Thursday it had lined up a buyer for the gasoline that would be produced there.  More »