The Securities and Exchange Commission investigation into former Chesapeake CEO Aubrey McClendon has wrapped up with no recommendation made for any action to be taken, the company reported Wednesday, according to Reuters.
A subsidiary of American Energy Partners, the company run by shale pioneer Aubrey McClendon, is renting seven rigs from his former firm Chesapeake Energy to drill for gas in the Utica Shale, Bloomberg reports.
Chesapeake Energy Corp. chairman Archie Dunham is continuing to buy large quantities of the company's shares despite its recent troubles, with the company reporting that he spent $1.4 million buying more last week, The Wall Street Journal reports.
An affiliate of American Energy Partner LP, the energy exploration firm headed by former Chesapeake CEO Aubrey McClendon, has gathered 260,000 net acres of drilling land in the Utica Shale, making the company the leader in the region, NewsOK reports.
TransCanada has filed an application running more than 30,000 pages with the country’s National Energy Board, seeking approval of the Energy East pipeline which would carry Alberta oil sands crude east, a process likely to take some 18 months, The Canadian Press reports.
A poll conducted for news organizations in South Dakota found that voters in the state –- which is in the process of renewing an expired permit for it -- overwhelmingly back the Keystone XL pipeline, although the issue does not appear on the November ballot, Gannett’s Argus Leader reports.
A Hart research poll commissioned by three environmental groups finds that 54 percent of voters surveyed in five swing states would be more likely to cast a ballot for a candidate who wants to take action against climate change, and 68 percent back one looking to expand renewable energy, The Hill reports.
Delta Airlines subsidiary Monroe Energy has written to the Surface Transportation Board -- in a letter posted online Wednesday -- complaining that delays to crude-by-rail deliveries are severely disrupting its operations, E&E reports.
Wednesday’s Federal Reserve decision to finish its asset-purchase program pumped up the dollar Thursday, which sent oil prices down. West Texas Intermediate crude for December delivery fell $1.08 to finish trading on the Nymex at $81.12 a barrel, while in London Brent lost 1 percent, or 88 cents to settle at $86.24, Bloomberg reports.
U.S. District Judge Janis L. Sammartino has rejected a request from the Tokyo Electric Power Company to throw out a class action lawsuit filed against it by U.S. Navy sailors exposed to radiation after the Fukushima Dai-ichi nuclear plant disaster, Bloomberg reports.
Net income in the third quarter for midstream operator Enterprise Products Partners was 18 percent higher, at $699 million, compared to the year-ago period, on bigger fees and a larger volume of crude flowing through its pipelines, FuelFix reports.
In a consent decree filed in District Court in Texas, Superior Crude Gathering Inc. has agreed to pay $1.6 million for violations of the Clean Water Act for spilling 2,200 barrels of crude into a wetland four years ago, according to the Environmental Protection Agency, UPI reports.
James Famiglietti, a scientist at NASA’s Jet Propulsion Laboratory, has written a commentary published in the journal Nature Climate Change, backed by new satellite data, which warns that groundwater supplies in the world’s most arid places are continuing to dry up, E&E reports.