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Hedge funds retreat from record crude wagers

Speculators cut bullish bets on U.S. crude oil from a record as inventories were close to a seasonal high following the Memorial Day weekend.  More »

Texas cash-from-carbon program lures climate skeptics

Technologies to package and reuse carbon dioxide, instead of releasing emissions into the atmosphere, are emerging as President Barack Obama steps up his fight against global warming.  More »

Energy industry places big bets on Republican Senate victory

Energy companies are giving more to Republicans to help them win a U.S. Senate majority and counter President Barack Obama’s environmental agenda.  More »

Buffett’s $26 billion power bet seen paying off

Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off.  More »

Chesapeake faces new charges on Michigan leasing

Chesapeake has denied the allegations and has withdrawn from exploration in Michigan.  More »

Hydrogen fuel finally graduating from lab to city streets

Once relegated to the realm of science projects, hydrogen fuel cells are starting to displace fossil fuels as a means of powering cars, homes and businesses.  More »

Obama officials seek Democratic support for EPA coal rule

Top advisers to President Barack Obama are trying to sell fellow Democrats in theU.S. Senate on the administration’s plan to cut greenhouse-gas emissions from power plants.  More »

PetroLogistics investor sues over Koch buyout

The investor claims a $2.1 billion all-cash buyout offer from a unit of Koch Industries is too low.  More »

Energy supply requires $40 trillion investment to 2035, IEA Says

More than half of that amount will be needed to compensate for declining output at mature oil and gas fields, and the remainder on finding new supplies to meet rising demand, the Paris-based agency said in a report Monday  More »

Top coal-power operator expects plant closures on Obama plan

American Electric Power Co. expects to be challenged and shut some of its largest units if the Obama administration proposes a 25 percent greenhouse-emission cut.  More »

Repsol wins approval for $10B project off Spain

Repsol SA won government approval to start a $10 billion oil drilling project off Spain’s Canary Islands, signaling success in its 12-year campaign to start exploration near the Atlantic archipelago.  More »

Shell may boost internal carbon price as emission rules tighten

Royal Dutch Shell Plc may boost the internal carbon emissions price it uses for planning new projects if governments tighten climate rules, according to an executive in its emissions unit.  More »