The proposed settlement between BP and business owners and others harmed by the Deepwater Horizon disaster is a big step in repairing the economic hardship unleashed by the oil spill, but it overlooks those most affected by the explosion that killed 11 men. More »
While New York regulators wrap up a four-year environmental impact study of shale-gas drilling that has driven most energy companies to other states, a Norwegian company hopes to be first in line if New York starts issuing permits. More »
Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon is cultivating investors from Seoul to New Delhi eager to own natural gas that’s 85 percent cheaper than Middle East supplies because of a glut in the U.S. More »
BP Plc (BP/)’s $7.8 billion settlement with businesses and individuals over the Deepwater Horizon oil rig disaster won the support of a Houston-based lawyer representing almost 12,000 plaintiffs, the Sunday Telegraph reported.
Keystone XL supporters and opponents took away small victories after the Senate rejected a bill amendment that would have reversed the Obama administration’s decision to deny a permit to for the controversial pipeline. More »
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