While many are calling for more pipelines to move the crude glut at the Cushing, Okla. storage hub, the long-term solution will be to build new refineries, according to experts at the SMU Maguire Energy Institute. More »
Alabama Attorney General Luther Strange is blasting British oil giant BP for challenging certain claims that could cost it billions of dollars as part of a class-action settlement the company agreed to last year with victims of the 2010 Gulf of Mexico oil spill. More »
See the results of an environmental restoration effort on Gulf Coast, where once barren land is now covered with grass and wildlife. Interior Secretary Ken Salazar visited the area Wednesday, saying he hopes it will become the “best restoration project in the entire world.” More »
The Senate Energy and Natural Resources Committee voted in favor of President Barack Obama’s nomination of Sally Jewell to be Interior secretary on Thursday. But even supportive senators listed a series of concerns with the business executive. More »
Honghua Group Ltd. (196), China’s biggest oil-drilling equipment exporter, is seeking to expand exploration services with U.S. partner Baker Hughes Inc. (BHI) and acquire a shale gas asset in China, Chairman Zhang Mi said. More »
A Pennsylvania judge, handing a victory to local media and health groups, ordered documents unsealed in a settlement between gas-drillers and homeowners who accused the companies of contaminating their water. More »
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