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EIA Expects Near-Term Decline in Natural Gas Production in Major Shale Regions

August 26, 2015 11:29 am | by U.S. Energy Information Administration | Comments

The U.S. Energy Information Administration says in each major shale region, production from new wells is not large enough to offset production declines from existing legacy wells.

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Aging NY Coal-Powered Plant Closing; Another in Jeopardy

August 26, 2015 11:22 am | by Mary Esch, Associated Press | Comments

Citing low natural gas prices and other factors, NRG Energy said it will close its Tonowanda and Dunkirk coal plants in New York, costing 145 total jobs.

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In Reversal, Colorado Mine Town to Seek Federal Cleanup Help

August 26, 2015 11:08 am | by Associated Press | Comments

Local officials who long feared that designation as a federal Superfund site would harm economic development have requested disaster funds to help the toxic mine leak cleanup.

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Donald Trump Vows Never to Eat Oreos Again, Citing Move to Mexico

August 26, 2015 11:01 am | by Candice Choi AP Food Industry Writer | Comments

Trump says his boycott is the result of the cookie maker's decision to close a plant in Chicago and move it to Mexico.

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Lawmaker Sees Opening for Appeal of $225m Exxon Ruling

August 26, 2015 10:52 am | by Michael Catalini and Josh Cornfield, Associated Press | Comments

A New Jersey judge approved the state's $225 million settlement with ExxonMobil, he expressed concern over delayed cleanup at a polluted creek, which a state lawmaker says could open up a route to appeal the decision.

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Scientists Develop Glue That Hardens Via Electricity

August 26, 2015 10:50 am | by Andy Szal, Digital Reporter | Comments

Researchers suggest that the new substance could provide solutions in a wide variety of circumstances, from underwater ship or pipe repair to serving as an alternative to sutures during human surgery.

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Researchers Convert Solar Energy into Methane

August 26, 2015 10:50 am | by Andy Szal, Digital Reporter | Comments

The new process could also enable hydrogen from other sustainable energy sources to be used in chemical processing, and could eventually be applied to different microbes and additional chemicals.

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Schlumberger Buying Cameron International in $12.71B Deal

August 26, 2015 10:33 am | by Associated Press | Comments

The transaction would create an oilfield equipment and services powerhouse.

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Report: Midwest Gas Prices To Fall With BP's Indiana Refinery Restarted

August 26, 2015 10:26 am | by Andy Szal, Digital Reporter | Comments

The refinery — the Midwest's largest — spiked gas prices in the region after it was shut down earlier this month, and its restart reportedly could result in a considerable price drop.

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AP Survey: Dimmer Outlook for U.S. Economy, Wages and Hiring

August 25, 2015 11:27 am | by Christopher S. Rugaber, AP Economics Writer | Comments

A majority of the nearly three dozen who responded to the survey predict tepid economic growth, weak pay gains and modest hiring for the next two years at least.

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U.S. Crude Closes Under $40 a Barrel to Breach Long-Time Low

August 25, 2015 11:22 am | by Associated Press | Comments

Oil hadn't closed below $40 since February 2009, although it briefly traded below that level on Friday. Monday's closing price was the lowest since Feb. 18, 2009.

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Dutch Nutritional Supplement Maker DSM to Cut 900-1,100 Jobs

August 25, 2015 11:20 am | by Associated Press | Comments

The company announced the job cuts Tuesday, saying the move would cut costs by 125-150 million euros ($144-173 million) by the end of 2017.

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Sewage Spill Prompts Closure of Famed Hawaii Beach

August 25, 2015 11:15 am | by Caleb Jones, Associated Press | Comments

The Waikiki beach area was closed Monday after storm water flowed into the city's sewage system as a weather system linked to Tropical Storm Kilo dumped heavy rain on the islands.

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Russia Removes Foreign Detergent, Washing Powder from Shops

August 25, 2015 11:11 am | by Associated Press | Comments

The Consumer Protection Agency said that recent inspections of selected goods by top foreign brands such as Colgate-Palmolive and Procter & Gamble have found high levels of toxic ingredients.

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Navajo Farmers Reject Use of Water After Mine Spill

August 25, 2015 11:07 am | by Felicia Fonseca, Associated Press | Comments

Though officials say water quality has returned to the level it was before the spill, farmers reportedly don't want to risk contaminating the soil for future generations.

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