Category: Environment

Transition to low-carbon future will unfold slowly, execs say

The U.S. is on the cusp of an energy transformation driven by policy and environmental goals, but it will take a long time for that transition to unfold, business leaders and analysts said Friday at the IHS CERAWeek energy conference.  More »

BP’s CEO overlooks a lesson lost

Testimony from the Deepwater Horizon trial raises questions once again about how seriously BP has taken its commitments, at least as they relate to management’s accountability.  More »

What BP’s Bob Dudley didn’t say

Will BP ever examine the cultural causes of its operating failures, or will management continue to get a pass? How it address that issue has a lot to do with the credibility of BP’s story going forward.  More »

Transocean chief disappointed with Gulf oil spill insurance ruling

Transocean will fight for its fair share of proceeds from insurance policies providing for at least $750 million in coverage amid an appeals court ruling that allows BP to tap into the money to help pay for its liabilities related to the 2010 Gulf of Mexico oil spill.  More »

Former BP America chief says company knew blowout was possible

British oil giant BP had identified a deep-water blowout in the Gulf of Mexico as a “high-level” risk prior to the 2010 oil spill, the former chief representative of the company’s U.S. operations testified Tuesday at a civil trial over the disaster.  More »

Survey: Majority support focus on alternative energy

A survey conducted by the Pew Research Center found that a majority of Americans say the priority for addressing the nation’s energy supply should be developing alternative energy sources rather than increased production of oil, natural gas and coal.  More »

Report: Flaws in EPA drilling pollution data

Limited data and unreliable estimates on air pollution from oil and natural gas production is hindering the Environmental Protection Agency’s efforts to police the drilling boom, the agency’s internal watchdog said in a report.  More »

Assumption Parish residents seek sinkhole buyouts

Scientists say the sinkhole formed after the failure of an underground salt cavern operated by Houston-based Texas Brine Co.  More »

EPA Region 8 chief resigns, GOP cites email probe

A regional administrator of the U.S. Environmental Protection Agency who oversaw investigations that involved hydraulic fracturing in Wyoming and asbestos contamination in Montana is resigning.  More »

Canadian crude rolling into Gulf Coast refineries

A competitor pipeline to Keystone XL already is funneling oil sands crude to Texas refineries at a rate of 100,000 barrels per day, despite environmentalists’ attempts to block the southward flow of the Canadian oil.  More »

Texas fracker accused of bully tactics against foes

When a Texas landowner took his fear that a gas driller had poisoned his well to federal regulators, the company, Range Resources Corp., turned around and sued him for conspiring “to harm Range.”  More »

County asks vice president, first lady to help stop drilling

Houston-based SG Interests wants more time to develop natural gas wells in Colorado’s Thompson Divide.  More »