The Obama administration on Tuesday rolled out a series of initiatives meant to help pare the amount of methane escaping the nation’s natural gas pipelines, following a government report that faulted the Environmental Protection Agency for doing too little to plug the leaks. More »
Anadarko Petroleum Corp.’s profits dropped 76 percent in the second quarter on $442 million in derivative losses, impairments and other one-time costs even as its oil production climbed higher, the company reported Tuesday. More »
Chesapeake Energy Corp., the U.S. natural gas producer that almost ran out of money last year, is spending $1.71 billion to expand access to oil-soaked shale in Wyoming and buy back preferred shares that were a drain on cash. More »
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