When Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon went on an oil and natural gas buying spree, Ralph Eads was the banker who found the money to fund it. More »
It’s a riddle the Mad Hatter would love: Natural gas prices fall to a decade low. Electricity prices in Texas are pegged to natural gas prices. So what happens to electricity prices? More »
Since 2007, federal regulators have overseen the growth of the biodiesel industry, which converts discarded animal fats, used cooking oil and other materials into fuel that can power cars, bulldozers and heavy-duty trucks. More »
Pacific Gas and Electric Co. has accidentally over-pressurized pipelines on its gas system more than 120 times since the San Bruno explosion – a rate that the company’s top gas official says is unacceptable and that experts fear could increase the risk of a similar disaster. More »
When Dan Fitzsimmons looks across the Susquehanna River and sees the flares of Pennsylvania gas wells, he thinks bitterly of the riches beneath his own land locked up by the heated debate that has kept hydraulic fracturing, or fracking, out of New York. More »
Royal Dutch Shell Plc (RDSA)’s shareholders were urged by corporate-governance adviser Pensions and Investment Research Consultants to block a pay increase being awarded to Chief Executive Officer Peter Voser, the Sunday Telegraph reported, citing a report by PIRC. More »
Chesapeake Energy Corp’s board of directors will take a 20 percent pay cut and will no longer use the company’s private jet, according to a company announcement Friday. The board voted to cut its own pay and limit its access to the jet after consulting with an “independent compensation adviser,” according to the company statement. [...] More »
An oil company exploration crew’s chance discovery of a 200-year-old shipwreck in a little-charted stretch of the Gulf of Mexico is yielding a trove of new information to scientists who say it’s one of the most well-preserved old wrecks ever found in the Gulf. More »