BUCHAREST, Romania (AP) — Russian crude producer Lukoil says Romanian authorities have lifted a freeze on its assets and activity that was placed as a result of a probe into tax evasion and money laundering worth 230 million euros ($290 million).
Lukoil said Tuesday that its Petrotel refinery in Romania was preparing to resume operations after a court ruled that a freeze place last week on its bank accounts, assets and refining activities could be lifted. The probe, however, continues.
BUCHAREST, Romania (AP) — U.S. oil company Chevron says it has begun drilling for shale gas at its exploration well site in northeastern Romania, a project which has drawn protests from local residents.
The company said the drilling, which will probe to a depth of 4,000 meters (13,000 feet), started Tuesday after "safety and performance checks" had been completed and rock samples will be taken to determine if natural gas is present.
BUCHAREST, Romania (AP) — U.S. oil company Chevron says it has resumed exploration for shale gas in northeastern Romania a day after suspending work when hundreds of anti-fracking protesters tore down fences.
BUCHAREST, Romania (AP) — U.S. oil giant Chevron has resumed its search for shale gas in northeastern Romania amid ongoing opposition from local residents.
In October, Chevron suspended searching for shale gas in the village of Pungesti following protests in the capital and the local area against fracking.
The company said Monday its priority was to "conduct these activities in a safe and environmentally responsible manner." It gained permits to drill exploratory wells in Pungesti in October but halted activity after protests. On Monday, hundreds of police blocked a road to stop residents demonstrating.
BUCHAREST, Romania (AP) — Hundreds of Romanians opposed to shale gas extraction in their village on Wednesday scuffled with police at an exploration site where energy giant Chevron plans to start drilling.
BUCHAREST, Romania (AP) — Romania's prime minister predicted Monday that Parliament will reject plans for Canadian-run gold mine following large protests over the cyanide used in its extraction process.
Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
Prime Minister-designate Victor Ponta also said he will respect commitments to the International Monetary Fund and increase public sector wages that were slashed by 25 percent in 2010 to meet the terms of a €20 billion($26 billion) IMF-led loan.
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.