A federal appeals court dismissed an appeal from Ecuadorian villagers to replace the judge presiding over a dispute with Chevron Corp. who alleged the villagers used fraud to win an $18 billion pollution payment in Ecuador, Reuters reports.
NEW ORLEANS (AP) — The vast 2010 Gulf of Mexico oil spill damaged the tiny animals that live on the sea floor for about 57 square miles (147 sq. kilometers) around the blown-out BP oil well, with severe damage in about nine square miles (23 sq. kilometers) of that area, a Texas A&M researcher says.
DENVER (AP) — More spills were revealed Friday in a Colorado oilfield swamped by floodwaters as cleanup efforts remained stalled due to high waters and regulators cautioned that more oil releases were likely to be found in coming days.
BUENOS AIRES, Argentina (AP) — Ecuadorean President Rafael Correa met with his Argentine counterpart Cristina Fernandez during a trip to Buenos Aires on Thursday amid concerns that his new campaign against Chevron Corp. could harm relations between the two countries.
QUITO, Ecuador (AP) — Plaintiffs' hopes for collecting a $19 billion judgment awarded by an Ecuadorean court against Chevron Corp. for oil contamination in the Amazon have suffered another potential setback.
The Senate, on a voice vote, has confirmed Elizabeth Sherwood-Randall to become Deputy Energy Secretary, the number two slot in the department, replacing the departing Daniel Poneman, The Hill reports.
Western sanctions over the Ukraine crisis will likely put the brakes on a joint drilling project between Exxon Mobile and Rosneft in the Kara Sea, Russia’s natural resources minister said Friday, Reuters reports.
U.S. oil prices eased off again on speculation over future action by the Federal Reserve to increase interest rates. West Texas Intermediate crude for October delivery was 21 cents lower to $92.86 a barrel in electronic trading on the Nymex, while in London November Brent gained 1 cent to $97.71, Bloomberg reports.
Bakken Shale giant Continental – with Jack Stark newly promoted as president and COO -- told analysts Thursday that the South Central Oklahoma Oil Play, or SCOOP, could hold as much as 3.6 billion barrels of oil and gas equivalent, The Financial Times reports.
Exxon subsidiary XTO Energy will pick up 17,800 net acres in the Permian Basin in Texas and Linn Energy will get interest in about 500 net acres near Bakersfield, Calif., under an asset swap announced by the firms Thursday, The Wall Street Journal reports.
Kinder Morgan has filed a request with the Maine Public Utilities Commission to take capacity on its planned Northeast Energy Direct Project, which the company hopes would bring as much as 2.2 billion cubic feet of natural gas per day into New England, FuelFix reports.
Fifty fellow Democrats support his bid to become the ranking member on the House Energy and Commerce Committee, according to a letter released by N.J. Rep. Frank Pallone Thursday, while House Minority Leader Rep. Nancy Pelosi has released a letter reiterating her support for his rival, fellow Californian Rep. Anna Eshoo, The Hill reports.
The announcement this week that the battery gigafactory planned by Elon Musk’s Tesla Motors will make energy storage on a grid scale to be used by SolarCity Corp., run by his cousin Lyndon Rive, has the potential to transform the landscape of the energy industry, The Wall Street Journal reports.
A report from the New York Independent System Operator says distributed generation could ease potential electricity shortfalls predicted to hit southeastern New York in 2019, a year earlier than previous projections had indicated, according to Platts.