California has formally joined a lawsuit accusing BP of overcharging the state by up to $300 million for natural gas, charging the company inflated market prices in a $2 billion contract and made three times more profit than the deal allowed, The Associated Press reports.
GREELEY, Colo. (AP) — An accident at a hydraulic fracturing site in northern Colorado killed one worker and seriously injured two others Thursday, authorities said.
The three men were trying to heat a frozen high-pressure water line at the oil or gas well site when it ruptured, Weld County sheriff's Sgt. Sean Standridge said. One man was hit by a stream of water or fracking fluid and died from the impact.
Halliburton Co. has launched a new "war room" designed to track shipments of sand used in hydraulic fracturing in an effort to ensure consistent deliveries to drilling sites, The Wall Street Journal reports.
A study of a component of hydraulic fracturing fluid, conducted by researchers at the University of Colorado at Boulder, found chemicals commonly found in toothpaste and ice cream, The Washington Post reports.
A group of Illinois landowners filed a lawsuit against the state's Department of Natural Resources over its hydraulic fracturing rules, alleging the agency didn't follow proper procedures in its efforts to implement the rules, The Associated Press reports.
Sen. John Hoeven is delaying until next year his bill to speed up liquefied natural gas exports to non-free trade agreement countries, hoping to secure the support of Energy Secretary Ernest Moniz.
The legislation by Hoeven, R-N.D., was to get a vote in the Senate's energy committee on Thursday. Hoeven said Moniz called him on Wednesday to say the bill would deprive him of environmental impact information the Energy Department needs to make a national interest determination on export proposals.
The Energy Information Administration in an analysis said that liquefied natural gas exports could lead to an increase in production and expanded economic growth, but also raise consumer prices, FuelFix reports.
Analysts project railroad companies could potentially reap large savings by switching from diesel fuel for trains to liquefied natural gas, though the high initial investment to upgrade locomotives has hindered the switch, FuelFix reports.
The GOP chorus denouncing the Environmental Protection Agency move to lower the ozone standard was joined by House Majority Leader Rep. Kevin McCarthy, R-Calif., senior figures on the House Energy and Commerce Committee, as well as Sen. John Thune, R-S.D., who is chairman of the Republican Senate caucus, The Hill reports.
Ahead of the OPEC meeting in Vienna, oil prices recovered Wednesday from earlier drops triggered by word of a greater-than-expected increase in U.S. crude inventories as well as a comment from Saudi Arabia's oil minister that there would be no need for a production cut. West Texas Intermediate crude for January delivery slipped just 3 cents to $74.06 a barrel on the Nymex, while in London Brent was 5 cents lower to $78.28, Bloomberg reports.
Freeport LNG has closed on financing deals – from Japanese sources -- for two of three planned liquefaction trains at its export facility, and should begin construction on its plant in Quintana, Texas this week, with operation projected to start in 2018, FuelFix reports.
Uranium prices are on track for an 18 percent increase in 2014, which would be the first annual gain for the energy commodity in four years and make it the best performing category in the sector, Bloomberg reports.
Nearly all of the claims dealt with through the settlement process after the 2010 BP Gulf of Mexico spill were handled correctly, according to a third party audit released Tuesday by claims administrator Patrick Juneau, The Times-Picayune reports.
The legal fight over the Environmental Protection Agency’s Waters of the U.S. rule could revolve around what’s meant by the words “adjacent” and “neighboring,” as well as how the regulation defines a flood plain, E&E reports.
After a shareholder lawsuit filed to stop the $2.86 billion merger announced in June between C&J Energy Services and the fracking business of Nabors Industries, a judge in Delaware Tuesday ordered a 30-day suspension to allow for competing offers, but C&J said it would appeal, FuelFix reports.
Oncor’s proposal to install battery storage across the grid in Texas is coming in for criticism from a state lawmaker – Republican State Sen. Troy Fraser said his support for the $5.2 billion project came before he realized an increase in transmission rates would be part of the package, The Dallas Morning News reports.
Speaking about the failure of Google’s renewable energy project RE<C, two engineers, writing in IEE Spectrum recently, said trying to fight climate change using only existing technologies like wind and solar energy won’t work, Fox News reports.