NICOSIA, Cyprus (AP) — Cyprus will give France's Total SA a license to drill for offshore oil and gas deposits, a move the cash-strapped country hopes will yield much-needed revenue.
MEXICO CITY (AP) — A water-heating system may have leaked natural gas into a tunnel beneath the headquarters of Mexico's national oil company for more than seven months before it was accidentally detonated by a maintenance crew's improvised lighting system, officials said Tuesday, adding fresh detail to the narrative of the petroleum giant's worst disaster in a decade.
BANGKOK (AP) — Oil prices fell to nearly $96 a barrel Monday as energy prices took their cues from sinking stock markets in Europe, Asia and Wall Street.
Pennsylvania's Department of Environmental Protection is at odds with environmental groups after the state delayed a meeting on water safety tests associated with hydraulic fracturing sites, The New York Times reports.
Senate Energy and Natural Resources Chairman Ron Wyden will hold his first hearing next week, focusing on natural gas issues.
Wyden, D-Ore., pledged that he would take testimony on natural gas supplies and export issues early in his new role as chairman. The Feb. 12 hearing will examine "environmental implications, exports and impacts on the economy," according to an announcement.
America's Natural Gas Alliance said President and CEO Regina Hopper will leave the interest group at the end of February, and a search is to be conducted for a successor.
BANGKOK (AP) — Oil prices fell Monday following weeks of strong gains, while analysts warned that trading could be choppy amid growing tensions in the Middle East.
PITTSBURGH (AP) — The oil and gas industry is trying to ease environmental concerns by developing nontoxic fluids for the drilling process known as fracking.
The American Petroleum Institute said the EPA ignored federal law by shortening the public comment period for its regulation to cut sulfur content in fuel, The Hill reports.
Sen. Sheldon Whitehouse, D-R.I., apologized for referencing the Oklahoma tornadoes while criticizing Republicans on climate change during his weekly Senate speech, Fox News reports.
Harold Brooks, a researcher at the National Severe Storms Laboratory, said powerful tornadoes can't be blamed on climate change without more data, Bloomberg reports.
Despite successful tornado warnings in Oklahoma, Congress currently plans to let furloughs for National Oceanic and Atmospheric Administration forecasters take effect, Politico reports.
Tesla Motors' plan to repay its Energy Department loan as early as today offers President Obama a major victory after two years of criticism for his clean-energy plans, Bloomberg reports.
A poll from Yale and George Mason universities found a majority believe national leaders should put priority on combatting global warming and developing clean energy, the Los Angeles Times reports.
The European Union's probe into possible energy price manipulation has brought focus to oil companies' trading desks, units that sometimes take more risks than Wall Street firms, Reuters reports.
Indonesian authorities arrested Chevron executive Bachtiar Abdul on corruption charges despite a 2012 court order clearing him of wrongdoing, Reuters reports.
Chinese Premier Li Keqiang said his country and Pakistan should expand cooperation on power generation to help alleviate Pakistan's energy crisis, Reuters reports.
