The Senate Judiciary and Finance committees endorsed new rules Monday for West Virginia’s share of the Marcellus shale field, amid criticism of the proposal’s attempt to regulate drilling in the vast natural gas reserve. More »
Sensing a political opening, congressional Republicans are moving toward a high-stakes showdown with President Barack Obama over a plan to link fast-tracked approval of an oil pipeline to a measure renewing a payroll tax cut. More »
Transocean Ltd. said it can’t be forced to pay federal fines or penalties for oil spilled below the surface of the Gulf of Mexico in the Deepwater Horizon incident because of an indemnity contract with BP Plc. More »
The Environmental Working Group said companies drilling in the mid-Atlantic and Northeast routinely described to shareholders the potential risks of natural gas drilling in their Securities and Exchange Commission filings — but didn’t give the same warnings to landowners. More »
El Paso Corp. has no estimate for when its Ruby interstate natural-gas pipeline will return to service after a Dec. 10 fire on a segment in northern Utah, said Richard Wheatley, a company spokesman in Houston. More »
A coal-fired power plant set to open next year in Texas has agreed to cut mercury and smog-causing emissions and invest in clean energy projects as part of a legal settlement with environmental groups. More »
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