Chesapeake Energy Corp. (CHK)’s efforts to defuse a shareholder revolt over Chief Executive Officer Aubrey McClendon’s personal finances and management missteps have intensified calls for his dismissal. More »
Cove Energy Plc (COV), the U.K. explorer that agreed to be bought by Thailand’s PTT Explorationa and Production Pcl, said drilling found more gas at the Rovuma Area 1 exploration block off the coast of Mozambique. More »
The clamor of bulldozers on a patch of former farmland in rural Carroll County, Ohio makes Glenn Enslen, the county’s economic development director, feel “like an eight-year-old kid on Christmas morning,” he said. More »
Governments must increase funds to support carbon capture and storage technology and ramp up efforts to improve energy efficiency or risk missing climate change targets, the International Energy Agency warned. More »
Well-service workers at Baker Hughes Inc. (BHI) started a strike over pay and pensions at 12 offshore oil installations in Norway, threatening output and other operations by companies including Statoil ASA (STL) and Royal Dutch Shell Plc. More »
Kevin Costner testified Friday he never saw actor Stephen Baldwin contribute anything to their company’s efforts to sell oil cleanup devices to BP in the aftermath of the 2010 spill in the Gulf of Mexico. More »
The drilling moratorium that the president enacted after the Deepwater Horizon spill has left many energy companies grappling with the question of who should pay for business lost during the five-month shutdown of deep-water operations in the Gulf. More »
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