Lighting makers compete for $10 million “L Prize” for energy-efficient replacements of old-school bulbs. The technology is promising but so far the prices aren’t consumer-friendly at about $40 apiece. More »
Promises from the White House to ramp up domestic energy production didn’t convince the Texas senator, who said she would continue to push legislation to extend leases for offshore operators to make up for time lost as a result of the Gulf drilling ban last year. More »
Several tests of western Pennsylvania river water prompted by fears of contamination from the state’s rapidly growing natural gas drilling industry didn’t turn up elevated or harmful levels of radioactivity or other pollutants not routinely monitored, a private water utility said. More »
The group, made up of producers, service firms, elected officials, landowners and environmentalists, is aimed at “keeping the lines of communication open,” says Texas Railroad Commissioner David Porter. More »
Jesse Gagliano, who was Halliburton’s cementing engineer on the Macondo well and who said he warned BP of the risk of a natural-gas surge before the fatal blowout, has invoked his Fifth Amendment rights against self-incrimination. More »
Two days ago, the Iranian president dismissed Oil Minister Masoud Mir-Kazemi, Industry and Mines MinisterAli Akbar Mehrabian, and Welfare Minister Sadegh Mahsouli as part of a plan to improve government efficiency and reduce the number of ministries to 17 from 21 by 2015. More »
The Houston-based offshore drilling contractor said it expects to use $875 million in after-tax tax proceeds from the sale to expand its fleet of shallow-water drilling rigs or expand into the ultra deep water drilling business.
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