A near half-decade boom in oil investments in Norway is about to come to an end, sapping momentum in the economy of western Europe’s largest crude producer, the country’s main economic forecaster said. More »
BP inked a deal with the Obama administration on Thursday ending its 16-month suspension from new contracts to supply the Pentagon with fuel and drill in U.S. waters.
The Obama administration will release 5 million barrels of sour crude from the United States’ emergency stockpile in what officials described as a “test” of the nation’s capability to respond to oil supply disruptions around the globe. More »
A plan to accelerate U.S. natural gas exports in response to Russia’s invasion of Crimea failed in the Senate on Wednesday, amid criticism that it could derail a Ukraine aid package.
Texas, California and New York were among the nation’s leaders in adding green energy jobs during the final months of 2013, according to a new analysis. New wind projects helped drive the growth in the Lone Star State. More »
The Senate Foreign Relations Committee is set to vote as early as Wednesday on a plan to accelerate exports of U.S. natural gas as part of a broader measure to steer aid to Ukraine. More »
Keystone XL is the safest and most environmentally sound way to transport Canadian and North Dakota oil to Gulf Coast refineries, TransCanada Corp., said in its last-ditch appeal for the pipeline’s approval. The Calgary-based company’s assertions joined more than 100,000 comments filed with the State Department, as it weighs whether Keystone XL is in the “national interest.” More »
House Republicans are considering legislation that would force the Department of Energy to hurry its approval process for liquefied natural gas export facilities, Majority Whip Kevin McCarthy said Monday in Houston. More »
Wealthy Democratic environmentalists are considering withholding support for a 2016 Hillary Clinton presidential bid unless she reassures them about their top priority: Killing the Keystone XL pipeline. More »
en. John Barrasso is hoping to use a Ukraine aid package to leverage his plan for boosting proposals to export natural gas to countries that are part of the North Atlantic Treaty Organization. More »
The United States became more energy secure in 2013 as the shale boom continued to pad domestic resources, according to an analysis by the U.S. Chamber of Commerce. More »
Enbridge insists its planned $7 billion pipeline doesn’t require a presidential permit. But the reality may be less clear. More »