CHISINAU, Moldova (AP) — A Moldovan government official says work on a pipeline that will transport natural gas from Romania to the Moldovan capital will begin next year.
The pipeline, which is expected to become operational in May 2018, will help lessen the former Soviet republic's dependency on Russia. It is an extension of one running from the northern Romanian city of Iasi to Ungheni, a Moldovan town near the Romanian border.
BUCHAREST, Romania (AP) — A Romanian court has rejected an appeal by the general manager and six executives of a subsidiary of Russian oil company Lukoil who have been indicted on tax evasion and money laundering charges.
The Court of Appeal in Ploiesti dismissed the appeal made by general manager Andrey Bogdanov, a Russian citizen, and six Romanian and Russian managers at the Petrotel Lukoil refinery against their indictment. The decision was published Wednesday.
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.
The Environmental Protection Agency has told a federal appeals court that it has reversed its approval for Dow Chemical’s Enlist Duo while it reviews information from the company that the pesticide may be more toxic to plants than previously thought, The Hill reports.
The 4th U.S. Circuit Court of Appeals has blocked a deposition scheduled for Environmental Protection Agency Administrator Gina McCarthy in a lawsuit brought by coal company Murray Energy challenging EPA’s regulatory agenda, The Hill reports.
A Senate vote on the United Nations Framework Convention on Climate Change back in 1992 may hold the key to Obama administration hopes for getting any Paris climate deal to hold up in the face of GOP opposition, National Journal reports.
Nine major corporations -- including Proctor & Gamble, PepsiCo and Coca-Cola -- have pledged up to $10 million apiece to the Closed Loop Fund, which provides low- or no-interest loans to cities and companies seeking to improve recycling infrastructure, The New York Times reports.
Oil prices were rising early Monday despite continuing concerns about oversupply and little expectation that OPEC members would be willing to change their production policy. U.S. benchmark crude jumped 32 cents to $42.03 a barrel in electronic trading on the Nymex, while in London Brent gained 48 cents to $45.34, Reuters reports.
States, Native American tribes, the Treasury and conservation funds will see a cut this year in the royalty payments they receive from drilling on federal lands, with only $9.8 billion being disbursed, a decline of $3.5 billion compared to 2014, FuelFix reports.
Most of the electricity generated by rooftop solar panels isn’t counted toward renewable energy targets set in California’s new energy law signed by the governor in October, an omission that has financial consequences for panel owners and utility customers, the Los Angeles Times reports.
In a move already approved by a bankruptcy court, Energy Future Holdings Corp. subsidiary Luminant is purchasing two natural gas-fired plants from NextEra Energy’s La Frontera Ventures unit for $1.59 billion, FuelFix reports.
Global leaders have waited so long to agree on action to cut greenhouse gas emissions that moves to limit the world’s temperature increase to 2 degrees Celsius may no longer be feasible, The Washington Post reports, citing scientists.
Microsoft founder and philanthropist Bill Gates told the Wall Street Journal that more than two dozen private investors are joining to put up more than $1 billion for an initiative intended to boost businesses looking to commercialize concepts generated by energy research, even as 20 governments have pledged to double their research support.