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What You Need To Know About Global Coal Trade

July 28, 2014 | by DINA CAPPIELLO, Associated Press | Comments

As the Obama administration weans the U.S. off polluting fuels blamed for global warming, energy companies have been sending more of America's unwanted energy leftovers to other parts of the world where they could create even more pollution.

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Industrial Fire Cleanup Could Take Months

July 28, 2014 10:32 am | by Associated Press | Comments

Cleanup efforts continue at the still-smoking site of an oil field supply company in North Dakota. The EPA On-Scene Coordinator said it would not surprise him if it took two months to clean up the site in Williston, though workers are hoping it will be quicker.

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Oil Depot Ablaze

July 28, 2014 10:25 am | by MAAMOUN YOUSSEF, Associated Press | Comments

A fire at the oil depot for the airport in Libya's capital raged out of control Monday after being struck in the crossfire of warring militias battling for control of the airfield, the latest violence to plague the country as foreigners flee the chaos.

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Obama Sends Dirty Coal Abroad

July 28, 2014 10:20 am | by DINA CAPPIELLO, Associated Press | Comments

As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America's unwanted energy leftovers to other parts of the world where they could create even more pollution.              

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Britain Reopens The Way For Fracking

July 28, 2014 10:14 am | by MATTHEW KNIGHT, Associated Press | Comments

Energy firms will be able to bid for licenses Monday to explore for shale gas in Britain, three years after the controversial fracking process caused seismic tremors which led the government to suspend operations.             

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Fertilizer Companies Blame West, TX For The Fatal Accident

July 28, 2014 10:11 am | by Associated Press | Comments

Two fertilizer companies sued following a deadly Texas explosion are claiming the small town deserves blame for failing to properly train volunteer firefighters and first responders, who made up most of the 15 people killed by the blast.  

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MSHA Handed Out 186 Citations In June

July 24, 2014 3:47 pm | by Associated Press | Comments

The Mine Safety and Health Administration says inspectors issued 186 citations at 13 U.S. mining operations in June.                                                        

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Fukushima Study: Think About The Unthinkable

July 24, 2014 2:49 pm | by National Academy Of Sciences | Comments

A U.S. science advisory report says a key lesson from Japan's Fukushima nuclear accident is that the nation's nuclear industry needs to focus more on the highly unlikely but super-serious worst case scenarios.                          

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Airgas Profit Rises 4.9%

July 24, 2014 2:40 pm | by Associated Press | Comments

The Radnor, Pennsylvania-based company said profit increased to $88.9 million, or $1.18 per share, from $84.7 million, or $1.14 per share, in the same quarter a year earlier.                   

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Oil Train Derails In Seattle

July 24, 2014 2:36 pm | by Associated Press | Comments

Nothing spilled when three tanker cars in an oil train from North Dakota derailed at a rail yard, but it alarmed environmentalists.                                      

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Noble Energy Profit Falls Almost 50%

July 24, 2014 2:33 pm | by Associated Press | Comments

Noble Energy Inc. (NBL) reported earnings that decreased by 49 percent in its second quarter and beat analysts' expectations.                                     

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China and Russia To Lead Global Polypropylene Capacity Additions By 2018

July 24, 2014 2:27 pm | by GlobalData | Comments

Global polypropylene capacity increased at a Compound Annual Growth Rate (CAGR) of 5.2% from 2003, reaching 65 million tons per year (mmty) in 2013, and is expected to continue rising to 86 mmty by 2018, at a slightly higher CAGR of 5.8%, according to research and consulting firm GlobalData.

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3M Q2 Profit Rises

July 24, 2014 9:59 am | by Associated Press | Comments

The maker of Post-it notes, industrial coatings and ceramics posted net income of $1.27 billion, or $1.91 per share, in the quarter ending June 30, compared with $1.2 billion, or $1.71 per share, in the same quarter a year ago.                    

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U.S. Refineries Running At Record Levels

July 24, 2014 9:55 am | by U.S. Energy Information Administration | Comments

Last year was the third year in a row that North American refineries showed considerably higher profitability than European refineries as measured by earnings per barrel processed.                           

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Breitburn Buys QR Energy For $1.46B

July 24, 2014 9:44 am | by Associated Press | Comments

QR unitholders will receive approximately 72 million common units of Breitburn Energy Partners LP, or 0.9856 of a Breitburn unit, for each unit of QR Energy that they own. The consideration to be received by QR unitholders is valued at $22.48 per unit, a 19 percent premium to Wednesday's closing price of $18.87.

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Slow Emergency Response Raises Safety Concerns In The Oil Fields

July 24, 2014 9:43 am | by JOSH WOOD, Associated Press | Comments

A more efficient system must be established to alert residents of danger in North Dakota's booming oil patch, an emergency manager and residents said, after authorities failed to alert the public for more than six hours when a facility storing toxic chemicals exploded. 

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