DEBALTSEVE, Ukraine (AP) — Rebel fighters, many of them Cossacks, roamed the streets of Debaltseve on Thursday, a day after Ukrainian forces began withdrawing from the besieged town. The mood was celebratory, with fighters laughing, hugging each other and posing for photos.
Associated Press journalists drove Thursday around about half of the key rail hub that has been the focus of weeks of fighting in eastern Ukraine between Russia-backed separatists and government troops. They found all its neighborhoods under the control of rebel fighters.
Ukraine raised the pressure on the separatists Thursday by cutting off shipments of natural gas to the area. The national gas company Naftogaz said the cutoff was due to significant damage to gas transit infrastructure.
Quicksilver Resources, a gas exploration and production company based in Fort Worth, says it hasn’t made a $13.6 million interest payment due on its debt, and will seek Chapter 11 bankruptcy protection if it can’t reach an agreement with creditors, Platts reports.
The EU’s antitrust division has been investigating a case involving Russia’s Gazprom for two and a-half years, and its new chief, Margrethe Vestager, is about ready to move against the Russian gas giant, she told The Wall Street Journal in an interview.
Lower prices may have dried up interest in financing new LNG export projects that would take billions to get up and running, panelists said at an event in New York this week, The Wall Street Journal reports.
WASHINGTON (AP) — U.S. factory production edged up last month as manufacturers cranked out more computers, clothing and steel and other metals, offsetting declines in autos and aerospace.
Factory production increased 0.2 percent in January after a flat reading in December, the Federal Reserve said Wednesday. December's reading was revised down from a 0.3 percent gain. The data suggests manufacturing is still supporting the economy, even though it is growing at a weaker pace than last year.
THE HAGUE, Netherlands (AP) — An independent report into natural gas drilling that has triggered a rash of small earthquakes in the northern Netherlands says energy companies and the government put production ahead of people's safety in their decision making.
The Dutch Safety Board came to the conclusion in a report published Wednesday that was prompted by dozens of small but damaging earthquakes caused by gas drilling that have rocked the northern province of Groningen for years, causing structural damage to buildings across the region.
The Nederland export terminal in Texas – the Mariner South project that’s a joint effort by Sunoco Logistics and Lonestar NGL – should see its first propane exports arrive in Belgium on Sunday, as the ship that is carrying the cargo left port more than a week ago, sources told Platts.
OKLAHOMA CITY (AP) — Oklahoma City-based Chesapeake Energy Corp. is suing its founder and former CEO Aubrey McClendon and his new company for allegedly taking sensitive trade secrets when he resigned from Chesapeake two years ago.
McClendon and his new company — American Energy Partners — call the allegation meritless and say McClendon left Chesapeake with an agreement that he would receive "extensive" information on land, wells and other matters.
COLUMBUS, Ohio (AP) — Certain local zoning laws aimed at limiting fracking can't be used to circumvent the state's authority over oil and gas drilling, a fiercely divided Ohio Supreme Court ruled Tuesday.
In a 4-3 decision with three written dissents, the high court said that the home rule clause of Ohio's constitution doesn't allow a municipality to block drilling activities otherwise permitted by the state.
The stocks of U.S. petroleum products increased last week, the Energy Information Administration reported, although the million barrel rise in crude stocks was less than analysts’ expected, while the jump in gasoline stocks exceeded predictions, according to Reuters.
Earthjustice filed court papers Tuesday on behalf of several environmental and health groups seeking to intervene to defend the Environmental Protection Agency’s lower ozone limits from a lawsuit brought by coal company Murray Energy, The Hill reports.
State Department climate envoy Todd Stern told a news conference that he’s thinking about the upside, not the downside, heading into a critical global conference on climate change policy that starts Monday, National Journal reports.
The plan for coal producer Walter Energy to emerge from bankruptcy is being fought by unions and the firm’s retired workers in Alabama, but a court Tuesday approved the company’s move to auction off assets, Reuters reports.
Acting to lower its credit rating for Pemex, Moody’s Investors Service pointed to the firm’s increasing debt and declining earnings, although Mexico’s national oil company responded by saying the move brings the agency in line with other ratings firms, The Wall Street Journal reports.
The White House and the billionaire conservative Koch brothers have been allies recently in moves to liberalize the nation’s criminal justice laws, but they are disagreeing over one measure that would require proof of suspects knowingly engaging in unlawful conduct, The New York Times reports, noting that such a move is alarming environmentalists.
According to a report released this week by the U.N. Office for Disaster Risk Reduction, weather-related disasters have caused more than 600,000 deaths and trillions of dollars in damages over the past 20 years, The New York Times reports.
A market-based approach for cutting vehicles’ greenhouse gas emissions—which could include mileage-based driver fees or emissions trading—is the goal as Connecticut, Delaware, New York, Rhode Island, Vermont, and the District of Columbia announced an agreement to work together on the issue, Reuters reports.