Ukraine would get U.S. assistance to improve its own energy production, under a bill introduced Thursday by Sen. Ed Markey, D-Mass., who hopes to help Kiev become more independent of Moscow, The Hill reports.
Eager to explore alternatives to imported gas, Angela Merkel’s government in Germany is working on a regulatory framework that would allow a resumption of fracking in the country, which has been banned for years, The New York Times reports.
Fresh racketeering and fraud charges filed against Chesapeake Energy in Michigan Thursday allege that the company provided misleading information to sign leases with as many as 800 landowners in 2010 and then honored fewer than 30 of them, to prevent competitors from using the land, The Wall Street Journal reports, noting, however, that maximum fines in the case would only be likely to total up to $180,000.
With Governor Pat McCrory having signed legislation putting in place the framework to start fracking in North Carolina, the state itself intends to sponsor drilling in the east in the autumn, The Charlotte Observer reports.
The Netherlands is demanding that Royal Dutch Shell and Exxon Mobil cut output from the Groningen gas field in the northeast of the country because of increasing earthquakes, a move that could have implications for Europe’s energy supply, The New York Times reports.
SAN FRANCISCO (AP) — Pacific Gas & Electric Co. expects to be hit with a new federal indictment next month over a deadly pipeline explosion that leveled a suburban California neighborhood in 2010, a regulatory filing says.
The superseding indictment by the U.S. Attorney's Office would nullify a previous indictment issued in April and could include new or altered charges.
The filing by the utility on Tuesday with the Securities and Exchange Commission did not indicate what changes are expected.
Consol Energy, which has been shedding its coal operations to invest in gas, will use around three fourths of its total capital expenditure this year, nearly $1 billion, to drill for natural gas in the Marcellus and Utica shales in Appalachia, according to COO Tim Dugan, formerly of Chesapeake Energy, Platts reports.
WASHINGTON (AP) — The U.S. trade deficit jumped to a two-year high in April, as exports declined and imports surged to a record high.
The deficit rose to $47.2 billion in April, up 6.9 percent from an upwardly revised March deficit of $44.2 billion, the Commerce Department said Wednesday.
Exports dropped for the fourth month out of the past five, falling 0.2 percent to $195.4 billion. Meanwhile, imports climbed 1.2 percent to an all-time high of $240.6 billion, reflecting record shipment levels of foreign-made cars, food, computers and other goods.
Launching personal attacks on environmental activists and celebrity supporters should be part of the oil and gas industry strategy if it wants to fight for expanded drilling, according to advice from consultant Richard Berman as he drums up support for his "Big Green Radicals" PR campaign, The New York Times reports.
The re-election contest for Rep. Fred Upton, R-Mich. and chair of the House Energy and Commerce Committee, is attracting last-minute money -- including some from the American Future Fund for an ad extolling his support for the Keystone XL pipeline -- as polling indicates his race against Democrat Paul Clements is a tight one, The Hill reports.
In an effort to maintain Democratic control of the Senate, environmental groups are supporting some backers of the Keystone XL pipeline –- like Michelle Nunn in Georgia and Sen. Kay Hagan in North Carolina -– as well as fracking supporter Sen. Mark Udall in Colorado, The Wall Street Journal reports.
Word that OPEC has boosted its crude output to a 14-month high sent oil prices plunging again early Friday. West Texas Intermediate crude for December delivery dropped 1 percent, or 81 cents, to $80.31 a barrel in electronic trading on the Nymex, while in London Brent was down 93 cents to $85.31, Bloomberg reports.
A tentative settlement Cheniere Energy has reached with shareholders over lawsuits would block executives from receiving shares authorized in February 2013 but not paid out, according to a filing with the Securities and Exchange Commission, FuelFix reports.
Robert MacLean –- now a solar power consultant after he was fired by the Department of Homeland Security for leaking information about the air marshal program -– says many federal employees, including those in the Environmental Protection Agency and the Departments of Energy and Interior, could be affected by the outcome of his lawsuit now before the U.S. Supreme Court, E&E reports.
The capacity market and infrastructure improvements will be the topics of discussion at a conference between New York officials and representatives of the Federal Energy Regulatory Commission Nov. 5, Reuters reports.