Chesapeake Energy has reached out to Bank of America, Goldman Sachs and Jefferies Finance in an attempt to secure a $2 billion loan as it seeks to repay more costly debt, RigZone reports.
New Jersey Natural Gas shut off a section of its pipeline services to New Jersey's barrier islands following damages from Hurricane Sandy, Reuters reports.
Ken Hersh, CEO of NGP Energy Capital Management, told a crowd at Rice University that the recent surge in national gas production is resulting in an energy transformation that could transform a "finite world to a surplus world," FuelFix reports.
The natural gas boom is creating big business for pipeline operators, spurring the biggest increase in exports to Mexico and Canada since the 1970s, Bloomberg reports.
As nuclear power generation faces outages from Hurricane Sandy, electricity generated from natural gas could emerge as a viable replacement to nuclear power, Reuters reports.
While natural gas consumption in Asia and the United States continues to rise, Europe is ramping up its coal-fired power generation, Bloomberg reports.
NICOSIA, Cyprus (AP) — Cyprus' commerce minister says the government will open negotiations with oil and gas companies including Italy's ENI, South Korean KOGAS, France's Total and Russia's Novatek on granting them licenses to drill for gas deposits off the island's south coast.
Liberal watchdog group Checks and Balances Project said the State Department inspector general is investigating potential conflicts of interests in the department's environmental review of the Keystone XL pipeline, The Hill reports.
West Virginia Gov. Earl Ray Tomblin and Attorney General Patrick Morrisey joined a push to have the Supreme Court rule to overturn EPA greenhouse gas regulations, The Charleston Gazette reports.
Sen. Tim Kaine, D-Va., voiced optimism that President Obama would not veto his bill to authorize oil and gas drilling off the coast of Virginia, The Hill reports.
The National Oceanic and Atmospheric Administration said a key satellite tasked with tracking severe eastern weather failed and a spare has been activated, Reuters reports.
The new chemical safety compromise bill introduced by Sens. David Vitter, R-La., and Frank Lautenberg, D-N.J., now has 20 co-sponsors, The Hill reports.
Participants in the Energy Department's Better Buildings Challenge, designed to reduce energy consumption at buildings, saved about $58 million in energy costs last year, The Journal Sentinel reports.
In a Q&A with State House News Service, Massachusetts Senate candidates Rep. Ed Markey, D, and Gabriel Gomez, R, give their take on the Senate battle to confirm EPA nominee Gina McCarthy.
In an interview with GreenBiz.com, Massachusetts Gov. Deval Patrick discusses his vision for his state's energy policy, including his plans for offshore wind generation.
New York Gov. Andrew Cuomo's plan to reform the Long Island Power Authority over flaws exposed by Hurricane Sandy is unpopular among municipal bond investors, Bloomberg reports.
