House Republicans went to eastern Ohio touting hydraulic fracturing to add U.S. jobs and cut fuel costs. Instead, lawmakers met skeptical residents, highlighting the divide over environmental concerns about fracking. More »
At least two gas wells near a community that’s complained of sudden drinking water pollution developed casing problems during the drilling process, but neither Rex Energy Corp. nor state environmental regulators disclosed those problems during recent discussions about the contamination. More »
A pair of Alaska lawmakers who have been among the staunchest defenders of the state’s oil tax structure say they are open to addressing the issue of “progressivity,” the much-debated system that generates revenue for the state budget and criticism from production companies. More »
BP Plc (BP/) said it’s developing a new plan with partner Reliance Industries Ltd. (RIL), operator of India’s biggest natural gas deposit, to develop discoveries in the area simultaneously instead of in phases. More »
LINN Energy has reached a deal with BP America Production Co. to acquire 600,000 acres in the Hugoton Basin for $1.2 billion, according to the Houston-based oil and natural gas development company. More »
As settlement talks continue between the Plaintiff Steering Committee and BP over the Deepwater Horizon disaster, outside legal experts are speculating on the potential value of the plaintiffs’ cases. More »
Cheniere Energy Partners LP, operator of the largest U.S. natural gas-import terminal, said Blackstone Group LP agreed to invest $2 billion toward construction of a $10 billion plant to export the fuel. More »
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