Algiers, ALGERIA (AP) — The British ambassador to Algeria says oil and gas giant BP is committed to the country despite delaying two projects after the January terrorist attack on a gas installation that left 37 hostages and 29 militants dead.
PITTSBURGH (AP) — One of America's corporate giants is investing billions of dollars in the new boom of oil and gas drilling, or fracking. General Electric Co. is opening a new laboratory in Oklahoma, buying up related companies, and placing a big bet that cutting-edge science will improve profits for clients and reduce the environmental and health effects of the boom.
The Senate Energy and Natural Resources Committee on Thursday ended a series of three natural gas forums that raised concerns about drilling safety and chemical disclosure but left unanswered whether new legislation would follow.
Chairman Ron Wyden, D-Ore., left open the door to writing a natural gas bill. Yet Republican Sen. Lisa Murkowski of Alaska showed little interest in new federal rules for the natural gas industry, nor did any of her GOP colleagues.
WASHINGTON (AP) — The Obama administration said Thursday it will require companies that drill for oil and natural gas on federal lands to publicly disclose chemicals used in hydraulic fracturing operations.
The new "fracking" rule replaces a draft proposed last year that was withdrawn amid industry complaints that federal regulation could hinder an ongoing boom in natural gas production.
The new draft rule relies on an online database used by Colorado and 10 other states to track the chemicals used in fracking operations. FracFocus.org is a website formed by industry and intergovernmental groups in 2011 that allows users to gather well-specific data on thousands of drilling sites.
The Interior Department on Thursday issued an updated draft rule to regulate hydraulic fracturing of oil and gas wells on federal lands.
The department said in a statement that the new draft "maintains important safety standards, improves integration with existing state and tribal standards, and increases flexibility for oil and gas developers."
The new proposal includes a variance process that allows for deferrals to state and tribal fracturing regulations "that meet or exceed those proposed by this rule," the department said.
Sen. Lamar Alexander, R-Tenn., pledged to push a vote to complete the Yucca Mountain nuclear waste facility in Nevada if Senate Majority Leader Harry Reid, D-Nev., moves to limit filibusters, Roll Call reports.