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Exxon Profit Falls by Half But Production Rises

July 31, 2015 3:53 pm | by JONATHAN FAHEY, AP Energy Writer | Comments

Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company's oil and gas production, which has been generally declining in recent years, surged.

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Arctic-Bound Ship Leaves Portland After Oil Drilling Protest

July 31, 2015 3:48 pm | by TERRENCE PETTY, DAN JOLING, Associated Press | Comments

Authorities used boats, personal watercraft, poles and their bare hands to remove protesters in kayaks and hanging from bridges who had tried to block a Royal Dutch Shell icebreaker bound for an Arctic drilling operation.

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Mississippi Phosphates Set to Plead Guilty in Pollution Case

July 31, 2015 10:00 am | by The Associated Press | Comments

A Gulf Coast fertilizer manufacturer will plead guilty Aug. 19 to federal allegation of violating the Clean Water Act by polluting waterways.

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OSHA Fines Southcross Energy Over January Fire

July 31, 2015 9:56 am | by Andy Szal, Digital Reporter | Comments

Federal regulators on Wednesday cited a Texas natural gas company for safety violations following a January fire at its plant near Corpus Christi.

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The Honest Co. in Hot Seat Over ‘Ineffective’ Sunscreen

July 31, 2015 9:50 am | by Meagan Parrish, Editor | Comments

Dozens of parents lit up social media and product review boards during the last week with complaints that a sunscreen made by The Honest Company, a ‘toxic-free’ body care company owned by Jessica Alba, hasn’t been doing its job.

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Senate Panel Backs Lifting Crude Export Ban

July 30, 2015 4:36 pm | by Andy Szal, Digital Reporter | Comments

The Senate Energy Committee voted Thursday to lift the country's decades-old ban on exports of crude oil.

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Toxic Flame Retardant Found in Congressional Furniture

July 30, 2015 4:29 pm | by Andy Szal, Digital Reporter | Comments

"It’s crazy to think that there are toxic chemicals in the very furniture we’re sitting on while working to update America’s chemical safety law,” Sen. Tom Udall, D-New Mexico, told Roll Call.

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Environmental Lawyer: New Jersey-Exxon Settlement Not Enough

July 30, 2015 4:00 pm | by GEOFF MULVIHILL, Associated Press | Comments

A lawyer for an environmental group says a judge should find that New Jersey's proposed $225 million settlement with Exxon Mobil Corp. over natural resource damages is too small.

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Vegas-Area Coal Plant Owners to Pay $4.3M to Settle Lawsuit

July 30, 2015 3:58 pm | by The Associated Press | Comments

Operators of a coal-fired power plant outside Las Vegas are agreeing to pay $4.3 million to settle a lawsuit and clean up contamination that neighboring Native Americans blame for health problems and water pollution.

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Scientist: Oil Slick Likely From Natural Seafloor Seepage

July 30, 2015 3:53 pm | by CHRISTOPHER WEBER, Associated Press | Comments

Officials are still trying to determine the source of a mysterious miles-long oil slick off California's coast, but a scientist says it's likely the result of naturally occurring seepage from the sea floor.

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OPEC Chief Expects Oil Prices to Stabilize

July 30, 2015 3:50 pm | by The Associated Press | Comments

OPEC and Russia say they expect the global oil market to become more balanced and stable next year after the recent sharp drops.

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Heavy Weather, Oil Patch Slump Lower H&E Profit

July 30, 2015 3:47 pm | by The Associated Press | Comments

Baton Rouge-based construction-equipment supplier H&E Equipment Services Inc. says heavy rains in May and a slumping oil industry put a damper on the second-quarter results.

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Solar Group Wants More Input Into Review of Westar Plan

July 30, 2015 3:44 pm | by The Associated Press | Comments

A solar advocacy group has raised concerns about the decision of Kansas regulators to limit the group's input over a large utility's plan to boost rates and change its billing structure.

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Shell to Cut Jobs to Cope With Long Period of Cheap Oil

July 30, 2015 9:39 am | by DANICA KIRKA, Associated Press | Comments

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.

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Belgium's Solvay to Buy US Cytec For $5.5 Billion

July 29, 2015 5:07 pm | by The Associated Press | Comments

Belgium's chemical group Solvay has announced it will buy U.S.-based Cytec for $5.5 billion, making it the second biggest company in the aerospace composite materials market.

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