Encana profits erased on foreign-currency losses, hedging
Encana Corp. (ECA), Canada’s largest natural-gas producer, saw profit wiped out in the first quarter after booking currency losses and provisions for hedging. More »
Activists threaten massive protests against Keystone
If the State Department determines Keystone XL is in the national interest, it will unleash the “biggest burst of peaceful civil disobedience in modern history,” said Becky Bond, the political director of activist group CREDO.
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Spring gasoline price spike ends early, as demand drops
It’s a traditional rite of spring, like cherry blossoms in Washington D.C. or dust storms in the Permian Basin. But this year’s gasoline price spike started early and appears to have ended early. More »
Brain tumor claims Contango’s Kenneth Peak
Contango companies chairman Kenneth Peak has died after brain cancer diagnosis. More »
Tar sand spill poses unusual threat
Dilbit has now become the focus of intense debate. Environmentalists say it can corrode pipelines more quickly than conventional oil, increasing the risk of spills. The oil industry disagrees, saying dilbit is no more difficult or dangerous to transport than crude. Independent studies are rare. More »
Halliburton in settlement talks to resolve Gulf spill claims
Oil field services firm Halliburton said Monday it has entered into settlement discussions to resolve a substantial portion of private claims related to the 2010 Gulf of Mexico oil spill. The news came as Halliburton reported an $18 million loss in the first quarter.
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IAEA: Japan nuke cleanup may take more than 40 yrs
A U.N. nuclear watchdog team said Japan may need longer than the projected 40 years to decommission its tsunami-crippled nuclear plant and urged its operator to improve plant stability. More »
US gas prices drop 11 cents over past 2 weeks
The average U.S. price of a gallon of gasoline has dropped 11 cents over the past two weeks. More »
Lessons from the Boston Marathon Attack: Rule of Law is No Conspiracy
As the media swirls with speculation about the motivations of alleged Boston Marathon Bomber Tamerlan Tsarnaev, I am struck by how much the discussion misses a relevant ponit for those striving for political reform in the Middle East. The more important lesson of the Boston Marathon attack and subsequent operation to capture the alleged bombers [...] More »
Lessons from the Boston Marathon Attack: Rule of Law is No Conspiracy
As the media swirls with speculation about the motivations of alleged Boston Marathon Bomber Tamerlan Tsarnaev, I am struck by how much the discussion misses a relevant point for those striving for political reform in the Middle East. The more important lesson of the Boston Marathon attack and subsequent operation to capture the alleged bombers [...] More »
Florida becomes 4th state to sue BP over oil spill
The state of Florida filed a lawsuit Saturday against oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth state to seek damages for the 2010 disaster. More »
Keystone challenge rejected by Texas Supreme Court
TransCanada Corp.’s power to condemn land as a common carrier won’t be reviewed by the Texas Supreme Court in one of four state-court challenges against the Keystone XL pipeline, which will carry Canadian tar-sands oil to the Texas coast More »
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