Tag: energy

EPA passing lead on Exxon spill cleanup to Montana

The Environmental Protection Agency is planning to relinquish oversight of Exxon Mobil’s 1,000-barrel oil spill into the Yellowstone River, leaving the state to coordinate the remainder of the cleanup, federal and state officials said.  More »

Sunoco worth more in pieces with refinery exit

Sunoco Inc., the world’s least profitable owner of refineries under pressure to reward beleaguered shareholders, already has a valuation 53 percent greater broken up or sold in pieces.  More »

Hayward to spark oil fight in Iraqi ‘last great frontier’

Tony Hayward’s $2.1 billion deal for oil assets in Iraq’s Kurdistan region may spark a battle for resources from the area as its export prospects brighten.  More »

Chevron, California settle on gas tank allegations

San Ramon-based Chevron and California officials have reached a $24.5 million settlement over allegations that the oil giant violated state laws by failing to properly inspect and maintain underground gas tanks.  More »

Google reveals energy use to show search is green

Stung by concerns that using Google is bad for the planet, the Internet search giant has revealed exactly how much electricity the company uses and how much greenhouse gases it produces in an effort to show its business model is environmentally friendly.  More »

Pa. DEP head says gas drilling will be done safely

Pennsylvania’s top environmental official says the state will use tough enforcement when it comes to regulating natural gas drilling and that much of the opposition to drilling is “not based on science or fact.”  More »

US Steel converts vehicles to run on natural gas

The U.S. Steel Corp. is converting vehicles to run on natural gas, officials announced.  More »

2 Texas projects get federal wind research funds

Two projects in Texas will share part of $43 million in federal grants for offshore wind energy improvements.  More »

Feds execute search warrants at Calif. solar firm

FBI agents executed search warrants today at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy last week.  More »

Survey: Parties differ on climate, energy policies

A majority of self-identified Tea Partiers reject global warming and members are far more likely than the rest of Americans to oppose energy policies to address climate change, a new Yale University survey found.  More »

Hess spends $750 million for second Utica stake buy

Hess Corp. bought Marquette Exploration LLC and other leases in Ohio’s Utica shale formation for $750 million in cash, one day after entering the field through a joint venture with Consol Energy Inc.  More »

Tropical Storm Nate forecast to strengthen today

Tropical Storm Nate, one of three active weather systems in the Atlantic basin, was forecast to grow stronger today in Mexico’s Bay of Campeche, the National Hurricane Center said.  More »