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BP Names CEO Of U.S. Business

August 20, 2014 | by Associated Press | Comments

BP PLC said Wednesday that it has hired David Lawler as CEO of the oil and gas company's U.S. business, which is gearing up to spin off into its own separate company.                     

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Water Intake Resumes After Ohio River Spill

August 20, 2014 3:27 pm | by Associated Press | Comments

Ohio and Kentucky water districts have resumed taking water from the Ohio River after a fuel oil spill led them to stop doing so.                                 

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Virginia is examining any potential long-term environmental damage from a North Carolina coal ash spill on the Dan River and will hold Duke Energy "fully accountable" if any is found, the director of the Virginia Department of Environmental Quality said M

NC Lawmakers Compromise On Coal Ash Measure

August 20, 2014 3:25 pm | by MICHAEL BIESECKER, Associated Press | Comments

State House and Senate leaders say that lawmakers have reached a compromise on legislation to make Duke Energy curb pollution from its 33 coal ash dumps across North Carolina.                             

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Brine Hauler Sues Over Biblical Fracking Billboard

August 20, 2014 3:22 pm | by JULIE CARR SMYTH, Associated Press | Comments

An Ohio man who uses a biblical reference and a statement against "poisoned waters" on billboards opposing a local deep-injection gas well is fighting a legal threat from the Texas well owner on free-speech grounds.                  

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Libya's Largest Oil Depot Begins Exporting

August 20, 2014 3:14 pm | by Associated Press | Comments

Libya's largest export terminal begun loading a tanker destined for Italy, its first shipment after a yearlong blockade over disputes between the central government, rebels and protesters, the country's oil corporation said.                                

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U.S. Goverment Sells 400K Acres Offshore Texas

August 20, 2014 2:35 pm | by EMILY SCHMALL, Associated Press | Comments

The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and development, an official with the U.S. Bureau of Ocean Energy Management said Wednesday.                  

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Billionaire Pays $1.5 Mine Fines

August 20, 2014 10:32 am | by DYLAN LOVAN, Associated Press | Comments

West Virginia billionaire Jim Justice has reached a $1.5 million settlement with Kentucky officials over dozens of violations at several of his coal mines in eastern Kentucky.                             

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Gas Driller Fined For Losing Control Of A Well

August 20, 2014 10:31 am | by Associated Press | Comments

State environmental regulators have fined a gas drilling company for allowing natural gas to escape a well in northeastern Pennsylvania.                               

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2 Die In Mine Explosion, 25 Still Trapped

August 20, 2014 10:29 am | by Associated Press | Comments

A gas explosion at a coal mine in eastern China has killed at least two miners, and rescuers searched Wednesday for 25 more workers missing in the blast, state media reported.                        

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Stretch Of Ohio River Reopens After Oil Spill

August 20, 2014 10:27 am | by LISA CORNWELL, Associated Press | Comments

A 15-mile stretch of the Ohio River closed after a fuel oil spill reopened to river traffic on with some restrictions as containment and cleanup continued.                           

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Mining Firm Lied About Acid Spill

August 20, 2014 10:25 am | by MARK STEVENSON, Associated Press | Comments

Mexico's top environmental official said that a mining company lied about a spill of millions of gallons of acids and heavy metals that contaminated two rivers and a dam downstream.                 

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Shale Dividend Could Pay For Smaller Carbon Footprint

August 19, 2014 5:16 pm | by Purdue University | Comments

Unanticipated economic benefits from the shale oil and gas boom could help offset the costs of substantially reducing the U.S.'s carbon footprint, Purdue agricultural economists say.                         

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Exporting US Coal To Asia Could Reduce Emissions 21%

August 19, 2014 5:00 pm | by Duke University | Comments

Under the right scenario, exporting U.S. coal to power plants in South Korea could lead to a 21 percent drop in greenhouse gas emissions compared to burning the fossil fuel at plants in the United States, according to a new Duke University-led study.

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New Mining Rule Survives Court Challenge

August 19, 2014 4:19 pm | by DYLAN LOVAN, Associated Press | Comments

New federal rules that labor officials say could save lives at dangerous mining sites have survived a court challenge from mining industry groups.                           

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Thousands Of Fuel Oil Spill Into Ohio River

August 19, 2014 4:15 pm | by LISA CORNWELL, Associated Press | Comments

An estimated 5,000 to 8,000 gallons of fuel oil spilled into the Ohio River, leading authorities to shut off water intake valves for both the Ohio and Kentucky sides of the waterway to protect water supplies, and a 15-mile section of the river was closed to allow cleanup.

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The economic reports this week were mixed with several reports coming in weaker than expected.

Chemical Production Up In July

August 19, 2014 4:04 pm | by American Chemistry Council | Comments

According to the American Chemistry Council’s (ACC) U.S. Chemical Production Regional Index (U.S. CPRI), chemical production expanded by 0.4 percent in July following an downwardly revised 0.2 percent gain in June.                 

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