NEW ORLEANS (AP) — BP and the federal government have offered conflicting estimates of how much oil spilled into the Gulf of Mexico after the blowout of the company's Macondo well triggered a deadly explosion, less than a month before a high-stakes trial resumes.
NEW ORLEANS (AP) — Plaintiffs' attorneys who brokered a multibillion-dollar settlement with BP following the company's 2010 Gulf oil spill have asked a federal appeals court to uphold a judge's approval of the deal.
Lawyers for plaintiffs in the 2010 Gulf of Mexico spill settlement called on a federal court to reject a challenge filed by several individuals and business, calling their concerns irrelevant, FuelFix reports.
Interior Secretary Sally Jewell on Tuesday pledged to complete tougher Arctic offshore drilling safety standards in time for oil companies to seek permits for exploration in 2014, though she did not predict any new attempts were likely.
"We're working on standards right now," she told reporters in Anchorage at the end of a swing through the state over the Labor Day weekend. "We expect to be able to release baseline standards before the end of the year that would give companies an opportunity to determine whether they want to do anything next summer."
Oil and gas supplies tapped through hydraulic fracturing supported 2.1 million jobs throughout the economy last year, a number that could grow to 3.3 million jobs by 2020, according to a new industry-backed study.
The projections issued Wednesday by consulting firm IHS come as hydraulic fracturing continues to propel regional booms in oil and gas drilling, a rush that has prompted intense concerns from environmentalists and proposed federal regulations on public lands.
Outgoing Bureau of Safety and Environmental Enforcement Director James Watson said a recent string of accidents at offshore oil and gas facilities emphasize the risks of energy production in shallow waters, FuelFix reports.
NEW ORLEANS (AP) — A federal appeals court reversed course Thursday on its earlier ruling favoring BP in a multimillion-dollar insurance dispute, handing at least a temporary setback to the energy giant as it seeks to defray some of the enormous costs associated with the huge 2010 Gulf oil spill.
The problems in Ukraine are unlikely to trigger faster action by the Obama administration on natural gas exports, a White House spokesman appeared to indicate Friday, as he noted that supplies in Europe are at higher-than-normal levels because of the mild winter there, according to Reuters.
Public Service Enterprise Group plans to spend $12 billion over five years on capital projects to improve reliability, hoping to increase the earnings of its utility business, The Wall Street Journal reports.
Weather-related rail bottlenecks in Chicago are causing higher prices and lower supplies of ethanol on the East coast, while Midwest plants are cutting production because of a shortage of rail cars, an industry representative told a U.S. Surface Transportation Board panel, Platts reports.
Investors will challenge corporations during the upcoming proxy season to make more environmental commitments, according to nonprofit Ceres, which has compiled a list of resolutions up for votes, E&E reports.
Saying President Obama's proposed "climate resilience fund" will help communities prepare better for severe weather might win it bipartisan support, according to Sen. Brian Schatz, D-Hawaii, National Journal reports.