CONCORD, N.H. (AP) — New Hampshire's highest court upheld a record $236 million judgment Friday against Exxon Mobil for its use of a gasoline additive that contaminated groundwater in the state.
A jury reached the verdict in April 2013 after finding the company liable in a long-running lawsuit over contamination by the chemical MTBE. Lasting nearly four months, the trial was the longest and resulted in the largest jury award in New Hampshire history.
Norwegian oil giant Statoil is spending nearly $6 million on a project – in conjunction with the Norwegian University of Science and Technology – to work toward new energy solutions for a low-carbon economy, UPI reports.
Developer Carmel Partners is considering charging students for electricity on top of their rent in West Village at the University of California Davis, in order to help the project achieve its zero-net energy goals, The Saramento Bee reports.
The small Pacific nation of the Marshall Islands made a change to generate a lot of its power from solar energy after an oil price spike in 2008 and is planning a further shift to renewbles, a move the foreign minister is calling “a matter of survival” for the low-lying country, Reuters reports.
HONOLULU (AP) — The U.S. Environmental Protection Agency and Hawaii state Department of Health on Thursday said they finalized a deal with the Navy to better prevent and detect leaks from 20 giant fuel storage tanks near Pearl Harbor.
The 70-year-old underground tanks are built into the side of a mountain atop a large aquifer critical to Honolulu's water supply. The tanks provide fuel to U.S. military ships and aircraft, serving as a strategically important "gas stop" between the U.S. West Coast and the western Pacific.
SACRAMENTO, Calif. (AP) — California is dropping out of a multistate investigation to conduct its own probe into Volkswagen's admission that it rigged diesel emissions technology to pass U.S. smog tests.
An official with the state's Department of Justice said Thursday that California is no longer participating in the investigation by more than two dozen attorneys general.
WASHINGTON (AP) — The Senate Banking Committee endorsed a bill Thursday to lift the four-decade-old ban on crude oil exports, the latest sign of congressional support for legislation that President Barack Obama opposes.
The banking panel endorsed the bill, 13-9, on a largely party-line vote. Sen. Heidi Heitkamp of North Dakota sponsored the bill and was the only Democrat to support it.
LITTLE ROCK, Ark. (AP) — Federal regulators announced Thursday they are assessing a $2.6 million civil penalty against ExxonMobil Pipeline Co. for a 2013 oil spill in Arkansas.
The Pipeline and Hazardous Materials Safety Administration released its final report on the Pegasus pipeline leak that spilled roughly 3,190 barrels of oil near Mayflower and Lake Conway about 20 miles north of Little Rock in March 2013. The agency, which is under the U.S. Department of Transportation, said in its order that the company violated regulations involving the line's integrity, operation and maintenance.
CHICAGO (AP) — More than a decade ago, the Environmental Protection Agency helped develop a technology that ultimately was used by an independent laboratory to catch Volkswagen's elaborate cheating on car emissions tests. But EPA used the technology primarily to test trucks rather than passenger cars because such heavy equipment was a much bigger polluter.
That decision meant that the regulator missed its best chance to foil the German carmaker's deception early on. The portable emissions measurement systems that EPA pioneered might have subjected VW diesel cars to on-road tests and discovered they were spewing up to 40 times the allowable levels of key pollutant nitrogen oxide under normal driving conditions.
BILLINGS, Mont. (AP) — New federal rules proposed for pipelines that carry oil and other hazardous liquids could have prevented more than 200 accidents since 2010, including a Michigan rupture that ranks as the costliest onshore spill in U.S. history, federal officials said.
The U.S. Transportation Department proposal announced Thursday covers more than 200,000 miles of hazardous liquids pipelines that crisscross the nation — a network that expanded rapidly over the past decade as domestic oil production increased.
A report commissioned by the Pebble Partnership—conducted fully independently, according to its author, former Defense Secretary William Cohen—says the Environmental Protection Agency did not use the "fairest and most appropriate process" when it ruled against the proposed mining project in Alaska, The Hill reports.
OPEC’s Secretary-General told a London conference Tuesday that investments in oil projects will fall by $130 billion this year, which will mean less production in the future and a return to higher crude prices within two years, The Wall Street Journal reports.
A projection from OPEC’s Secretary General of substantial spending cuts by oil producers around the world sent prices soaring Tuesday. West Texas Intermediate crude for November delivery jumped $2.27, or 4.9 percent, to $48.53 a barrel on the Nymex, while in London, Brent zoomed $2.67, or 5.4 percent, higher to $51.92, Marketwatch reports.
IHS Energy says companies drilling for oil in North America will have much less protection against lower prices in the future: their moves to hedge production in 2016 cover only 11 percent of their production, FuelFix reports.
Arthur McDonald, who, alongside Takaaki Kajita, won the Nobel prize for physics Tuesday for his work with neutrinos, says the processes his team observed on the Sun “are very similar to the processes people are investigating on Earth to develop nuclear fusion reactors,” The Financial Times reports.
ValueAct Capital Management—an activist investor known for aggressively pushing management to boost shareholder value—said in a regulatory filing that it intends to bring a number of issues up with the management and board of oil field services company Baker Hughes, FuelFix reports.
A study by two economists for the Nevada Policy Research Institute found that NV Energy’s proposed new natural gas-fired plant would cost customers money and be a drag on the state’s economy, the Las Vegas Review-Journal reports.