The Fukushima crisis is eroding years of Japanese efforts to reduce greenhouse gas emissions blamed for global warming, as power plants running on oil and natural gas fill the electricity gap left by now-shuttered nuclear reactors. More »
The judge presiding over the BP Plc litigation tied to the 2010 Gulf of Mexico oil spill set a Jan. 14 trial date to determine fault for the sinking of the Deepwater Horizon drilling rig and resulting undersea leak. More »
The Eagle Ford shale formation will put out 500,000 barrels of crude oil a day by the end of the year, Valero Energy Corp. (VLO) Chief Executive Officer Bill Klesse said after the company’s annual meeting in San Antonio. More »
Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon agreed to sell $88 million of his personal oil and gas interests to investment vehicles created by Wachovia Corp. three weeks after his company used the bank in a similar $600 million deal, a court filing shows. More »
Chemically treated drilling fluid can migrate through thousands of feet of rock and endanger water supplies, said a hydrologist whose research calls into question the safety of hydraulic fracturing for natural gas. More »
Looking for ways to spend your free time during the OTC? Here are guides to some of Houston’s best restaurants, bars, clubs and sites, plus trails for running, which you’ll need to do to work off all those margaritas. More »
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