The International Energy Agency would only release oil stockpiles in the event of a “serious” supply disruption and is examining which nations have extra capacity, IEA Executive Director Maria van der Hoeven said. More »
Nigerian labor unions suspended protests while continuing a general strike over fuel subsidies in Africa’s top crude producer after President Goodluck Jonathan’s announcement of a gasoline-price cut fell short of their demands. More »
Oil climbed from the lowest price in almost four weeks as Iran said that a disruption to crude supplies through the Strait of Hormuz would cause a shock to markets that “no country” could manage. More »
FTS International Inc., a hydraulic fracturing company partly owned by Chesapeake Energy Corp. (CHK), sees a shortage continuing through the year for railcars needed to haul fracking sand to wells. More »
Geothermal energy developers plan to pump 24 million gallons of water into the side of a dormant volcano in Central Oregon this summer to demonstrate new technology they hope will give a boost to a green energy sector that has yet to live up to its promise. More »
Exporting natural gas could be a good thing. If you want to cut your electricity use, you should think about buying a new TV. Chesapeake analysts are wary of high debt and falling prices of natural gas. More »
The Environmental Protection Agency is seeking experts to peer review its already-controversial draft study that suggests a likely link between hydraulic fracturing of wells in Pavillion, Wyo., and groundwater contamination. More »
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