Traders are standing by Platts, the company that provides benchmark prices for much of the world’s energy products, amid a European probe into market manipulation. More »
Supporters of high-volume oil and gas drilling said Wednesday that they hope for a quick vote on a bill to regulate the practice in Illinois after reaching agreements on hiring and environmental concerns. More »
The European Union’s executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible price-fixing. More »
Quebec Environment Minister Yves- Francois Blanchet introduced legislation that would ban hydraulic fracturing, drilling and testing for natural gas in the St. Lawrence River valley for as long as five years. More »
A Libyan oil ministry official says protesters have forced the closure of an oil terminal in the east of the country for the second time in six months, disrupting exports. More »
Rep. Dennis Bonnen, R-Angleton, blames aggressive lobbying by the Texas Railroad Commission and its supporters for the failure of his bill to reform and rename the agency that regulates oil and gas activity in the state. More »
Middle Eastern countries are starting to feel the pinch of the U.S. shale revolution. Even Saudi Arabia will find new competition for its liquefied petroleum gas and other feedstock exports, as the United States hikes its exports of natural gas liquids. More »
The leader of one of the world’s largest energy companies said this week that humans are accelerating climate change and the global community should take action to address the problem. More »
Energy reform is likely to be one of the most important sweeping legislative changes that an incoming Mexican government will address, experts said Wednesday at a Houston conference on energy issues. More »
Liquefied natural gas importers and exporters are turning to floating terminals because of the higher costs of building fixed, land-based facilities More »