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Associated Press

Quicksilver selling stake in Barnett Shale assets

Natural gas producer Quicksilver Resources Inc. is selling a 25 percent stake in its Barnett Shale oil and gas assets to a subsidiary of Tokyo Gas Co. for $485 million.
The damaged No. 4 reactor building at Tokyo Electric Power Co.'s Fukushima Dai-ichi nuclear power plant in Okuma town, northeastern Japan. (AP Photo/Kyodo News)

Japanese utility takes blame for nuclear crisis

Tokyo Electric Power Co. acknowledged in a report that it was not adequately prepared to deal with the massive earthquake and tsunami that ravaged northeastern Japan in March 2011.
(AP Photo/Patrick Semansky)

High benzene levels found by Colorado spill

Samples taken from monitoring wells near an oil-like leak close to a Williams Midstream natural gas plant in Colorado show high benzene levels near Parachute Creek, state officials said Thursday.
(Photo: Vectorportal/Flickr)

Texas man faces sentencing in biodiesel scam

A West Texas businessman who pleaded guilty to federal fraud and money laundering charges stemming from a $42 million biodiesel scam is scheduled to be sentenced Friday.
An oil pump works in the Persian Gulf desert oil fields of Sakhir, Bahrain. (AP Photo/Hasan Jamali, File)

Oil rises above $97, natural gas falls back

Natural gas futures fell 4 cents to end at $4.02 per 1,000 cubic feet.
Categories: Crude oil
Crews work at the scene of a Canadian Pacific train derailment that spilled thousands of gallons of crude oil in western Minnesota on Wednesday, March 27, 2013. (AP Photo/Minnesota Pollution Control Agency)

Rail line reopens after oil spill

Canadian Pacific says the rail line where as much as 30,000 gallons of crude spilled from a derailed train Wednesday in western Minnesota has re-opened.

Shipping riskier than drilling in Arctic, senator says

News reports focused on Arctic drilling problems experienced by Shell, but the unregulated ship traffic is a bigger concern up North, said Begich, D-Alaska.
Categories: General
A house-sized dump truck hauls dirt and rock in March 2013 at the Black Thunder coal mine in northeast Wyoming's Powder River Basin near Wright, Wyo., source of almost 40 percent of the nation's coal production. The federal government says it is withholding $110 million in mineral payments to 36 states as a result of automatic spending cuts that took effect this month. (AP Photo/Mead Gruver)

Government cuts mineral payments to 35 states

Wyoming faces the biggest cut — at least $53 million over the next five months.
Categories: Coal
Riding a sled, or sledge, as they call it in Ilulissat, Greenland, is a way of life for the Inuit sled drivers. How to manage the race for natural resources off and on Greenland will be a key issue for the new coalition government . (Ellen Creager/Detroit Free Press/MCT)

Greenland ‘reluctant’ on new offshore drilling

The new government said it doesn’t plan to issue any new licenses for offshore oil exploration
Categories: Arctic
(Photo: Brian Turner/Flickr)

Testimony ends in marathon gasoline additive trial

Testimony has ended in a marathon trial over whether Exxon Mobil Corp. should pay the state of New Hampshire hundreds of millions of dollars to monitor and treat private wells and public drinking supplies contaminated by the gasoline additive MTBE.