Former Chesapeake Energy Corp. CEO Aubrey McClendon will receive $11.1 million from the company he founded to help build American Energy Partners, his new energy exploration company, Bloomberg reports.
OKLAHOMA CITY (AP) — Chesapeake Energy Corp. and outgoing CEO Aubrey McClendon are being investigated by the Securities and Exchange Commission about a perk that allows McClendon to invest personally in the company's oil and gas wells.
NEW YORK (AP) — An investigation by Chesapeake Energy Corp.'s board of directors into outgoing CEO Aubrey McClendon's personal financing deals with company partners has found the deals did not benefit McClendon improperly or cost the company more.
Speaker John Boehner, seeking to rebut charges of presiding over a "do-nothing" Republican-run House, cited passage of energy and Keystone XL pipeline bills as legislative achievements, McClatchy News reports.
Although China's new air defense zone was the hot topic, President Xi Jinping told reporters after meeting in Beijing with Vice President Joe Biden that he sees climate change and energy security as 'pronounced global challenges', Reuters reports.
Anti-fracking activists planned to file a deluge of last-minute comments on a New York State proposal to lift a moratorium on storing liquefied natural gas, the Rochester Democrat and Chronicle reports.
Agriculture Secretary Tom Vilsack unveiled a program that will let local utilities borrow money from USDA's Rural Utilities Service and re-loan it to consumers for home energy efficiency projects, the Des Moines Register reports.
The Colorado Oil & Gas Association filed a lawsuit against the Colorado towns of Fort Collins and Lafayette that recently voted to place bans on hydraulic fracturing within city limits, The Associated Press reports