Three years after residents first noticed something wrong with their drinking-water wells, tanker trucks still rumble daily through this rural northeastern Pennsylvania village where methane gas courses through the aquifer and homeowners can light their water on fire. Recent testing confirms that gas continues to lurk in Dimock’s aquifer.
Ten years ago this week Enron Corp. started its downward spiral with a surprise disaster in its 3rd quarter earnings release. That’s why it’s somewhat fitting that this week Kinder Morgan — a business that’s everything Enron was not — should make what could be an epic move forward. More »
Billionaire Mukesh Ambani’s Reliance Industries is poised to use its record cash for overseas acquisitions to take advantage of the cheapest valuations of oil and natural gas companies in three years as profit growth slows. More »
The Houston oil services company on Monday reported earnings of $683 million, or 74 cents per share, for the three months ended Sept. 30. That compares with $544 million, or 60 cents per share for the same period in 2010.
Japan feared three months after the Fukushima nuclear power plant was hit by a tsunami that aftershocks could further damage one of its fuel storage pools, causing rods inside to melt and spew radiation within hours, according to a newly released document. More »
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