WASHINGTON (AP) — Hunter Biden, the younger son of Vice President Joe Biden, is joining the board of a gas company operating in Ukraine, the company announced Tuesday, as the West seeks to help Ukraine wean itself off its dependence on Russian energy.
Burisma Holdings said Biden, an attorney and chairman of the board of the World Food Program USA, will head the Burisma's legal unit, and will also seek support for the company among international organizations.
General Electric was set to break ground in Oklahoma City Monday on a new technology center, where it intends to work with partner Devon Energy to improve drilling equipment and technology, FuelFix reports.
CHEYENNE, Wyo. (AP) — Wyoming could benefit from private development of a liquefied natural gas production and distribution system to supply mining operations, railroads and other heavy industrial users, according to a new report.
Gov. Matt Mead on Monday released the report commissioned by the state and a number of private energy companies.
It states that investing up to $400 million to develop a liquefied natural gas system primarily serving the state's coal-producing Powder River Basin region could result in $166 million annual fuel savings versus continued use of diesel fuel.
AUSTIN, Texas (AP) — The panel that regulates the Texas oil and gas industry is waiting for more information before will accept that there are any links between increased seismic activity and drilling activity — especially hydraulic fracturing, or fracking, its executive director told lawmakers on Monday.
The Texas Railroad Commission was reviewing how it regulates wells used for storing wastewater from drilling, Milton Rister, the commission's executive director, told the Texas House Subcommittee on Seismic Activity.
Rister declined to offer specifics and gave a warning to the lawmakers.
PITTSBURGH (AP) — The Pennsylvania Department of Environmental Protection thinks it is doing a good job regulating the biggest gas drilling boom in the nation, but environmental groups say that a new state report is far too optimistic.
The DEP report issued this week claims that Pennsylvania is a "world class leader" in regulating oil and gas production and balancing economic and environmental needs.
That's hardly the case, said Delaware Riverkeeper Maya K. van Rossum.
U.S crude prices racked up their first weekly gain since September, as news that China cut interest rates to boost its economy raised expectations of increased oil demand in the future. West Texas Intermediate crude for January delivery was up 66 cents to finish Friday’s Nymex session at $76.51 a barrel, while in London Brent jumped $1.03 to settle at $80.36, Bloomberg reports.
Royal Dutch Shell, Hess Corp., Exxon Mobil Corp. and Chevron Corp. are among major oil companies with new drilling projects in the Gulf of Mexico, a number in deep water, although a continued decline in oil prices could slow development, The Wall Street Journal reports.
Phillips 66 Partners and Paradigm Energy Partners will join forces to construct the 76-mile Sacagawea Pipeline and a 710-acre rail terminal aimed at transporting Bakken crude from North Dakota more effectively, FuelFix reports.
Customers will see substantially higher energy prices as a result of the Environmental Protection Agency’s rule to curb carbon emissions from existing power plants, according to a study commissioned by coal company Peabody Energy and conducted by Energy Ventures Analysis, which offers a state-by-state breakdown of costs, the San Antonio Business Journal reports.
Rep. Raul Grijalva, D-Ariz., is expected to carry the flag for environmental issues -- fighting climate change, in particular -- as he becomes his party’s ranking member on the House Natural Resources Committee in the next Congress, E&E reports.
No matter the winners in significant battleground states in the 2014 elections, voters there support the fight against climate change, the Sierra Club said, citing statistics from a poll conducted by Hart Research Associates, The Hill reports.
Most Americans believe poorer, less developed parts of the world will bear the brunt of climate change, rather than the U.S., according to a survey conducted by the Public Religion Research Institute and the American Academy of Religion, E&E reports.
The world spent less money -- $331 billion -- on fighting climate change in 2013, the second year in a row the figure dropped, according to a study from the Climate Policy Initiative, which attributed the fall in part to the lower cost of solar energy, Reuters reports.
Only 3.87 billion cubic meters of natural gas heading to Europe from Russia moved through pipelines in Ukraine in October, a little over half of the amount transiting in the year-ago period, Platts reports.