Mining sand to meet the growing demands of fracking -- a practice currently common in parts of Wisconsin but with the potential to spread from Maine to Iowa -- poses risks to water, air, public health and property values in communities, according to a report put together by the Civil Society Institute, the Los Angeles Times reports.
BERLIN (AP) — Russia and Ukraine are to hold European Union-brokered talks on their long-running gas dispute Friday as pressure mounts for a solution to head off a winter supply crisis in Ukraine and beyond.
The meeting in Berlin between the Russian and Ukrainian energy ministers, hosted by EU energy commissioner Guenther Oettinger, comes more than three months after Moscow cut off gas supplies to Kiev.
An initial public offering which Vantage Energy Inc. had hoped would raise more than $630 million won’t take place as scheduled, as the oil and gas company – which operates in the Marcellus and Barnett Shale plays – said market conditions don’t favor the move at the moment, Reuters reports.
WASHINGTON (AP) — A federal judge has left a small legal opening for some Indonesian villagers to pursue a lawsuit against Exxon Mobil Corp. for human rights abuses allegedly committed by Indonesian troops guarding an Exxon natural gas field.
In a decision last year, the Supreme Court drastically limited the ability of foreign victims of human rights abuses to use American courts to seek monetary damages for their suffering. However, the Supreme Court said claims that "touch and concern the territory of the United States" might be allowed to go forward. The Supreme Court provided little guidance on the definition of "touch and concern," except to say that "mere corporate presence" in the U.S. would not suffice.
Once its LNG export terminals are up and running in the U.S., Cheniere Energy plans to market up to 5 million metric tons a year on a spot basis to Asian buyers from an office in Singapore, a company executive told Platts.
Energy sector suppliers have a message for lawmakers: Stay out of the way of hydraulic fracturing, and we'll create hundreds of thousands of new jobs and generate billions of dollars in new tax revenues.
That was the bottom line of a new study by consulting firm IHS, commissioned by the Energy Equipment & Infrastructure Alliance, which estimates employment at companies that supply goods and services for the shale oil and gas boom could grow 45 percent to 757,000 jobs by 2025.
PITTSBURGH (AP) — Penn State University said Wednesday that General Electric Co. will give the school up to $10 million to create a new center for natural gas industry research.
Penn State President Eric Barron said in a statement that the center will produce tangible benefits to the industry, to communities that are affected by drilling or related activity, and to consumers.
GE said the money will support research projects, equipment, and undergraduate, graduate, and postdoctoral fellowships at The Center for Collaborative Research on Intelligent Natural Gas Supply Systems. Barron planned to speak about the center during a luncheon with GE Senior Vice President Mark Little. GE is based in Fairfield, Connecticut.
The high debt to earnings ratio for Energy Transfer Equity, parent of Energy Transfer companies that run one of the largest pipeline networks in the country and have acquired major gasoline station chains, isn’t stopping its push to tackle new projects fueled by the shale boom, The Dallas Morning News reports.
Russia may have had its claims to vast Arctic territory knocked back by the United Nations 13 years ago, but Moscow is trying again, making a formal claim Tuesday to an expanse of the Arctic Ocean that includes the North Pole, The New York Times reports.
Comparing Democrats’ concerns about climate change to Chicken Little – a story about a chicken who believes the world is ending – Sen. John Cornyn, R-Texas, declared “there are more important things we could do today and this week,” The Hill reports.
Democratic leaders in Appalachian states—Gov. Earl Ray Tomblin in West Virginia and Gov. Steve Beshear in Kentucky—are facing increasing pressure at home to refuse cooperation with the Environmental Protection Agency’s Clean Power Plan, E&E reports.
Opponents of the Obama administration plan to limit power plant carbon emissions started meeting a year and a half ago at the U.S. Chamber of Commerce headquarter to plot strategy to fight it, The New York Times reports.
The $1.3 trillion lost by investors in energy stocks since oil prices started to slide in June 2014 amounts to more than Mexico’s GDP, and hit pension funds as well as billionaires such as Carl Icahn, Bloomberg reports.
A rebound in China’s faltering stock market helped stabilize oil prices Tuesday, although traders told Reuters as a result of the continuing supply glut any recovery would only be temporary. U.S. benchmark crude rose 57 cents to settle at $45.74 a barrel on the Nymex, while in London, Brent nearly hit the $50 mark, gaining 47 cents to $49.99.
Strong performance by its California utilities and “growth opportunities” overseas helped Sempra Energy to a profit of $296 million in the second quarter, an increase of almost 10 percent, The Wall Street Journal reports.
Republican presidential hopefuls should be starting to lay out their “clear vision” of how they’d handle energy issues in the White House, said American Petroleum Institute President Jack Gerard, FuelFix reports.