Emergency officials say an oil train derailment in Lynchburg, Virginia underscores the fact that many departments don’t have the resources to deal with such an accident along a busy route for hauling oil. More »
The largest natural gas industry group in the region is helping to organize a rally in Pennsylvania’s capital to show support for the industry. More »
Berkshire Hathaway Inc.’s energy unit is buying the rest of Canadian power transmission provider AltaLink for about $2.92 billion. More »
Chevron Corp. says its net income fell 27 percent in the first quarter because of lower global oil prices and decreased production of oil as a result of bad weather. More »
Dutch police stormed a Greenpeace ship Thursday and ended environmentalists’ attempts to block a Russian tanker carrying oil from the Arctic Ocean from mooring at Rotterdam Port. More »
Sen. Mary Landrieu, D-La., who chairs the Senate Energy Committee, has said she will use all her power to make sure the project is built.
U.S. crude oil dropped 32 cents to $99.42 a barrel. More »
The Mexican government is proposing bidding-based rules for the opening of its state-owned oil and energy industry, saying contracts and production licenses will be put out for public bid and will go to the company that offers the best return. More »
The explosion was 60 miles southeast of Carlsbad, N.M.
The 2012 rate is a dramatic increase from the 7 deaths per 100,000 workers recorded in 2007 before the state’s oil and economic boom took off.
The case involves allegations that David Rainey failed to disclose information from BP indicating that the amount of oil gushing into the Gulf after the explosion could have been far higher than estimates then being made publicly. More »
Quarterly financial reports are expected to show more than $13 billion in combined earnings. More »