A bipartisan group of lawmakers including three Texans introduced legislation today that seeks to fix what they view as a legally thorny conflict between environmental and electric reliability laws.
A flare is still burning on the North Sea offshore platform that has been leaking gas for days, operator Total S.A. said Wednesday, though it claimed there was no threat of an explosion under current weather conditions. More »
The Obama administration’s announcement that it may allow seismic studies potentially paving the way for offshore drilling along the East Coast is political posturing designed to distract voters concerned about high gasoline prices, oil industry leaders and Republican lawmakers said today. More »
Federal officials have approved Shell Oil Co.’s emergency plans for dealing with an oil spill in the Beaufort Sea near Alaska — a major hurdle for the firm to launch exploratory drilling later this year. More »
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