Though BP lost as much as $4.4 billion in market value on Thursday as investors reacted to new Western sanctions on Russia, analysts say the company won't see much effect from the sanctions despite its significant investment in Rosneft, FuelFix reports.
Oxfam America says it will file suit against the Securities and Exchange Commission unless the SEC moves to expedite a rule to require mining and energy companies to disclose their payments to foreign governments, The Hill reports.
Senate Appropriations Homeland Security Subcommittee hearing, "Insuring our Future: Building a Flood Insurance Program We Can Live With, Grow With, and Prosper With." Witnesses include Federal Emergency Management Agency Administrator Craig Fugate.
Senate Foreign Relations International Development and Foreign Assistance Subcommittee hearing,"U.S. Security Implications of International Energy and Climate Policies and Issues." Witnesses include Deputy Assistant Secretary of State for Energy Diplomacy Amos Hochstein, Agency for International Development Assistant Administrator Eric Postel, Deputy Assistant Secretary of Defense Daniel Chiu.
Senate Energy and Natural Resources Committee hearing, "Leveraging America's Resources as a Revenue Generator and Job Creator." Interior Department Office of Natural Resource Revenue Director Gregory Gould to testify.
LOS ANGELES (AP) — Some homeowners following the state's new drought-conscious motto that brown is the new green are being warned by local governments that they could be slapped with fines because of those dried up lawns.
In an attempt to get Californians to take the drought seriously, the state water board voted this week for mandatory outdoor watering restrictions that carry the threat of $500 fines.
The U.S. Court of Appeals for the District of Columbia Circuit on Thursday lifted a stay on the Environmental Protection Agency’s implementation of its Cross-State Air Pollution Rule, although legal arguments on challenges to some aspects of the regulation are set to take place next March, E&E reports.
Producers for American Crude Exports, or PACE, for short, is made up of more than a dozen independent oil companies who would like to see the decades-old U.S. ban on crude exports overturned, Reuters reports.
The Federal Energy Regulatory Commission staff has cleared the Constitution pipeline on its environmental impact, leaving Commissioners to make the final decision on the project, which is intended to add some 650 million cubic feet of natural gas capacity in New York and New England, FuelFix reports.
If the Federal Energy Regulatory Commission approves changes that PJM Interconnection will suggest to the rules, it’s possible the wholesale electricity market manager might find a way to keep a demand response program going despite legal challenges, E&E reports.
Rising global supply and sluggish demand were continuing to weigh on oil prices. U.S. benchmark crude for December delivery dropped $1.08 to settle at $81.01 a barrel on the Nymex, $1.74 lower than the price a week ago, while Brent finished at $86.13, a loss of 70 cents on the day and 3 cents less than last Friday’s settlement price, Reuters reports.
ConocoPhillips, alongside partners including BP and Exxon Mobil, has announced what it says is the first new drilling in the North Slope’s Kuparuk River Field in nearly a dozen years, a well to come on line in 2016 that will add 8,000 barrels a day of production, Platts reports.
In one of the most hotly contested and expensive House races in the country, Rep. Nick Rahall, D-W.Va., is battling against Republican candidate Evan Jenkins and powerful conservative groups backed by the Koch brothers, The New York Times reports.
Kristin Jacobs – who has turned in a strong performance in her campaign to be elected to the Florida House of Representatives in a flood-prone Miami district – is one of a number of candidates who are successfully pressing climate change as an issue even when polls say it’s not a top voter concern, The New York Times reports.
Opower says pilot programs run in Vermont and Southern California over the summer, which involved contacting customers to ask them to go easier on their air conditioning and then reporting back to them on how much electricity they saved compared to their neighbors, cut usage by nearly 3 percent on a number of hot days, The Washington Post reports.