The House Energy and Commerce Subcommittee on Energy and Power to hold hearing on pipeline safety. Stacy Cummings, interim executive director of the Pipeline and Hazardous Materials Safety Administration, to testify.
After a day in which oil prices bounced up and down as Iran nuclear talks were grinding on, they ended the day lower in part on a weaker dollar and predictions of a continued oversupply. Light, sweet crude lost 1 percent, or 54 cents, to settle at $52.20 a barrel on the Nymex, while in London, Brent fell 88 cents to $57.85, The Wall Street Journal reports.
Workers are still taking steps to prevent drinking water for Highland, Illinois from being contaminated by a crude spill that took place Friday at a Plains All American Pipeline company pumping station, FuelFix reports.
The energy strategy agreement to be signed by the premiers of Canada’s provinces this week has more specifics about cutting red tape on pipeline approval than on fighting climate change, The Globe and Mail reports.
ANCHORAGE, Alaska (AP) — Shell oil company will send a damaged ship carrying equipment required for Arctic offshore oil drilling from Alaska back to the West Coast for repairs.
Royal Dutch Shell PLC 's drilling schedule for two exploratory wells this summer in the Chukchi Sea off Alaska's northwest coast, however, shouldn't be delayed by maintenance work on the 380-foot icebreaker Fennica, spokesman Curtis Smith said Monday.
Weekend reports of an imminent Iran nuclear deal sent oil prices falling in early trading Monday. U.S. benchmark crude dropped $1.15 to $51.59 a barrel in electronic trading on the Nymex, while in London Brent was $1.43 lower to $57.30, Reuters reports.
The antitrust review process for the proposed $34.6 billion merger between oilfield service giants Halliburton and Baker Hughes will extend until at least Nov. 25, the companies announced Friday, FuelFix reports.
SANTA BARBARA, Calif. (AP) — The effort to track the impact of a crude oil spill on the Santa Barbara coast in May hit beaches this week as far south as Orange County, officials said Saturday.
Tar ball samples were taken Thursday and Friday from Gaviota to Newport Beach, about 170 miles away, for a better reference point of where oil is washing up and to improve reporting, according to a press release from officials overseeing the cleanup.
Businesses pledging to do their part to fight climate change see “the logic” of a strong international agreement on the issue, adviser Brian Deese said Monday after the White House unveiled the plans, The Hill reports.
The Bureau of Land Management and the Agriculture Department have taken major steps to protect the sage grouse and its habitat ahead of a decision on whether to list the bird as endangered, and environmental groups tell E&E it's because of a couple of settlements they reached with the Obama administration four years ago.
The price of gasoline at the pump would rise as much as 14.5 cents per gallon if the U.S. lifted its ban on crude exports, according to a study commissioned by Consumers and Refiners United for Domestic Energy, which wants to see the ban stay in place, The Hill reports.
Plunging Chinese stocks took oil prices with them Monday, as crude continues to plumb depths not seen since March. Light, sweet crude for September delivery lost 75 cents to settle at $47.39 a barrel on the Nymex, while in London, Brent slumped $1.15, or 2.1 percent, to $53.47, The Wall Street Journal reports.
Oilfield services companies Halliburton and Baker Hughes are cutting up to 7,500 more more jobs than they had projected in April, in moves to help the companies cope with the continued slide in oil prices, FuelFix reports.
Nevada’s Public Utilities Commission on Thursday will review the agreement to keep Switch as a customer of NV Energy in exchange for providing the data firm with electricity from a solar project, the Las Vegas Review-Journal reports.
A proposal before Iowa regulators to allow MidAmerican Energy to add 552 megawatts of energy generated by wind would mean the utility would be getting 57 percent of its capacity from renewable sources, CEO Bill Fehrman told The Des Moines Register,
Alstom is cutting the purchase price for its energy assets by nearly $330 million to help buyer GE cope with the concessions the European Union is demanding to approve the deal, The Wall Street Journal reports.
A new study says education, an understanding of how human activity can affect the environment, and whether local temperatures have changed are three of the biggest factors driving people’s awareness of, and concern about, climate change, The Washington Post reports.