A top Obama administration official predicted today that Shell will win government permits to drill exploratory oil wells in Arctic waters north of Alaska, despite stiff environmental opposition. More »
The Obama administration this week will finalize a plan for selling offshore drilling leases over the next five years that focuses on the Gulf of Mexico but still would allow three auctions of Arctic areas. More »
The first seafood caught off Japan’s Fukushima coastline since last year’s nuclear disaster went on sale Monday, but the offerings were limited to octopus and marine snails because of persisting fears about radiation. More »
Weeks after a ceremony marking a $10 billion expansion, Motiva has shut down a major new unit of its Port Arthur refinery and authorities are investigating a chemical leak and small fires that have tarnished the project’s startup. More »
Chesapeake Energy Corp.’s already-battered stock dropped more than 8 percent Monday after a published report suggested the natural gas giant colluded with a Canadian company to depress land prices. More »
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