The Port of Brownsville has approved a lease option for a liquid natural gas company that would bring hundreds of jobs to the area if its export terminal project makes it through a lengthy federal approval process. More »
Bill McKibben, leader of a group that pushed President Barack Obama to reject the Keystone XL pipeline, urged the administration to seek repeal of tax breaks for U.S. oil companies in the State of the Union speech. More »
The International Energy Agency expects nominal crude prices to reach $247 a barrel by 2035, almost twice the $133 assumed by the Organization of Petroleum Exporting Countries, even as expectations for demand converge. More »
BP has told the city of Gulfport, Miss., that it has no documents to support a claim for $11.8 million in compensation for community damages from the Deepwater Horizon oil-rig explosion and spill. More »
Chesapeake Energy Corp. (CHK), the second- biggest natural-gas producer in the U.S., accelerated an industry effort to cut back drilling to try to stop a price decline that saw gas slide to a 10-year low last week. More »
President Barack Obama tonight will lay out what he calls a “blueprint” for revitalizing the economy, emphasizing a rebirth for U.S. manufacturing, bolstering domestic energy production and training workers. More »
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