ExxonMobil subsidiary XTO Energy agreed to pay a $100,000 fine and invest $20 million to improve its hydraulic fracturing wastewater management practices to settle EPA allegations that it violated the Clean Water Act, The Wall Street Journal reports.
Interior Secretary Sally Jewell raised the possibility Wednesday that the Obama administration will propose Atlantic Ocean offshore drilling as early as 2017, while refusing to bow to House Republicans' criticisms of planned hydraulic fracturing regulations for federal lands.
In her first testimony before House lawmakers at a hearing before the Natural Resources Committee, she also announced a temporary halt to the controversial National Blueways System unveiled last year by former Secretary Ken Salazar.
NEW YORK (AP) — The price of oil rose Wednesday as U.S. crude supplies fell for a third week and the chairman of the Federal Reserve signaled no impending change in the central bank's stimulus program.
SAN FRANCISCO (AP) — California regulators on Tuesday called on Pacific Gas & Electric Co. to pay at least $300 million in fines in connection with a deadly 2010 gas pipeline blast in what they said would amount to the largest fine ever levied by the state Public Utilities Commission.
The U.S. Export-Import Bank officially took on a new set of guidelines to limit financing for coal-fired power plants in foreign nations, with exceptions for plants with carbon-capture systems and those built in poor countries without alternatives, National Journal reports.
The Nuclear Energy Institute criticized the exclusion of nuclear energy from President Obama's recent executive action ordering the federal government to purchase more power from low-carbon sources, saying the move represents a "missed leadership opportunity," Platts reports.
A national poll conducted by Bloomberg reported 56 percent of respondents view the Keystone XL pipeline as positive for U.S. energy security compared with 35 percent who view it as a source of potential environmental damage.
A poll conducted for the American Petroleum Institute reports that 80 percent of respondents support the expansion of new energy infrastructure, and 70 percent support construction of the Keystone XL pipeline, FuelFix reports.
Speaking at a summit on energy and infrastructure, Housing and Urban Development Secretary Shaun Donovan said his department is at the forefront of the administration's climate action plan, developing plans for disaster recovery and climate-resilient infrastructure, National Journal reports.
Pakistan's Petroleum and Natural Resources Minister Shahid Khaqan Abbas said Iran has withdrawn its $500 million financing offer for a Iran-Pakistan natural gas pipeline project, but Iran is prepared to supply the line once it's completed, Platts reports.