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Fracking can be done safely, report says; green groups howl
Anne C. Mulkern, E&E reporter Published: Thursday, January 15, 2015 Hydraulic fracturing in California can be done safely, the state said yesterday as it released a draft environmental study on unconventional drilling. Full Story E&E News
Arctic explorers retreat from hostile waters amid oil plunge
When Statoil ASA acquired the last of three licenses off Greenland’s west coast in January 2012, oil at more than $110 a barrel made exploring the iceberg-ridden waters an attractive proposition. Less than two years later, the price of oil had been cut by almost […]
Feds aim to boost requirements for oil spill dispersants
Posted on January 13, 2015 at 5:29 pm by Jennifer A. Dlouhy WASHINGTON — The Environmental Protection Agency on Tuesday proposed new requirements for testing the toxicity and effectiveness of chemical dispersants used to break up oil spills. The move comes 14 years after the […]
Could negotiation end Keystone XL showdown?
January 7, 2015 by Jennifer A. Dlouhy WASHINGTON — Republican Sen. John Cornyn suggested Wednesday that GOP lawmakers and the White House could negotiate a deal on Keystone XL, a day after Obama administration officials threatened to veto legislation authorizing the controversial pipeline. “Right now, […]
Exclusive interview: Obama says cheap gas won’t last
David Shepardson, The Detroit News Washington – — President Barack Obama is warning Americans that cheap gas prices won’t last indefinitely, and he’s standing by his support of small, fuel-efficient vehicles. “I would strongly advise American consumers to continue to think about how you save […]
Two utilities opt out of Cape Wind
Future of Nantucket Sound turbine project in doubt as purchase contracts are terminated By Jim O’Sullivan GLOBE STAFF JANUARY 07, 2015 The Cape Wind plan was dealt a major setback Tuesday when two power companies that had agreed to buy energy from the Nantucket Sound […]
API chief optimistic about industry’s future amid price decline
Posted on January 6, 2015 at 4:33 pm by Jennifer A. Dlouhy WASHINGTON — Low oil prices aren’t quenching the industry’s thirst for action in the nation’s capital, where the American Petroleum Association is pressing for crude exports, lighter regulation and revamped U.S. biofuel mandates. […]
US Offshore Holds ‘Huge Potential’
Photo: Chevron/Statoil Two new studies by Quest Offshore Inc. for the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show vast potential energy and economic benefits to the U.S. if the Eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) […]
Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico
SAN RAMON, Calif.--(BUSINESS WIRE)--Jan. 6, 2015-- Chevron Corporation (NYSE:CVX) today announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. The Anchor well was drilled by Pacific Drilling's Pacific Santa […]
Chevron Announces Gulf of Mexico Discovery
Posted on January 6, 2015 at 10:28 am by Ryan Holeywell HOUSTON — Chevron Corp. said it’s made a significant discovery in the Gulf Of Mexico about 140 miles off the coast of Louisiana. But the company did not announce the volume of reserves believed […]
