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(AP Photo/Keith Srakocic)

Dueling NY studies over natural gas climate impact

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Two groups of scientists at Cornell University are dueling over whether natural gas from shale is better or worse than coal when it comes to global climate change.
The Frontier Discoverer drilling rig in Dutch Harbor, Alaska. (AP Photo/Shell Exploration & Production)

Shell teams up with Tullow to explore for oil in Atlantic

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Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, joined Tullow Oil Plc (TLW) to explore for oil and gas in new frontiers in the Atlantic Ocean.
A drilling rig in Pavillion, Wyo., used to drill a deep water well for testing. (Photo: EPA).

Group: Wyo. siding with industry on fracking issue

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A group representing residents of a community where the U.S. Environmental Protection Agency has speculated that hydraulic fracturing may have contaminated their groundwater criticized Wyoming state officials for the first time, saying they’re siding with the petroleum industry at the expense of those who have to live with polluted water.
Spectra's Egan Hub facility near Lake Charles, LA.

Spectra expects to be involved in North American LNG exports

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Spectra Energy Corp. (SE) will have “some involvement” in what it estimates will be three to six facilities built to export North American natural gas, Chief Executive Officer Gregory Ebel said.
Chevron hired an investment banker to gauge buyer interest in its Hawaiian operations.
(AP Photo/Lynne Sladky)

Chevron orders three new rigs from Transocean for Thai drilling

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Chevron Corp. (CVX), the second-largest U.S. energy company by market value, ordered three new shallow- water drilling rigs from Transocean Ltd. (RIG) that will be used in Thailand exploration projects starting in 2013.
The Ensco 8501 semi-submersible rig in the Gulf of Mexico (Jennifer A. Dlouhy/Houston Chronicle)

Post-moratorium high for Louisiana OCS active rigs

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Louisiana Department of Natural Resources Secretary Scott Angelle says 38 rigs were actively drilling in Louisiana Outer Continental Shelf waters in the most recent weekly count.

ConocoPhillips seeking partner for oil sands assets

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Houston-based ConocoPhillips is searching for a partner to buy 50 percent of its Canadian oil sands assets, according to a Reuters story.
(AP Photo/Charles Krupa)

Electric plants shift from coal to natural gas

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The huge, belching smokestacks of electric power plants have long symbolized air pollution woes. But a shift is under way: More and more electric plants around the nation are being fueled by natural gas, which is far cleaner than coal, the traditional fuel.
Viewing the 1,000 pound Butter Sculpture at the 96th Annual Pennsylvania Farm Show  is Pennsylvania Agriculture Secretary George Greig, left , Sculpture Jim Victor, center and Lt; Gov. Jim Cawley, right, Thursday, Jan. 5, 2012 in Harrisburg, Pa. The Sculpture is a longstanding Farm Show tradition since its inception. (AP Photo/Bradley C Bower)

Butter-powered home? It’s not a joke

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Butter makes everything taste better, but it turns out it can also be used to power your home, according to one Pennsylvania farmer.
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Natural gas price plunge aids families, businesses

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The price of natural gas is plummeting at a pace that has caught even the experts off guard.