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Labor Talks Sink Platinum & Palladium

April 21, 2014 3:58 pm | by Associated Press | Comments

Platinum and palladium prices dropped sharply Monday on signs that South African mining companies are close to reaching a labor agreement that would end a four-month strike.                          

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PG&E Pleads Not Guilty In Fatal Pipeline Blast

April 21, 2014 3:57 pm | by GARANCE BURKE, Associated Press | Comments

Pacific Gas & Electric Co. pleaded not guilty Monday to a dozen felony charges stemming from alleged safety violations in a deadly 2010 natural gas pipeline explosion that leveled a suburban neighborhood in the San Francisco Bay Area.

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Twelve States Produced 80% Of 2013 Wind Energy

April 21, 2014 12:42 pm | by U.S. Energy Information Administration | Comments

In 2013, 12 states accounted for 80% of U.S. wind-generated electricity, according to preliminary generation data released in EIA's March Electric Power Monthly report.                             

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GMO Crop Controversy Heats Up In Hawaii

April 21, 2014 12:35 pm | by AUDREY McAVOY, Associated Press | Comments

The tiny island state 2,500 miles from the nearest continent is so critical to the nation's modern corn-growing business that the industry's leading companies all have farms here, growing new varieties genetically engineered for desirable traits like insect and drought resistance.

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Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth

Court Rejects Exxon Mobil's Appeal

April 21, 2014 12:32 pm | by Associated Press | Comments

The Supreme Court has declined to disturb a $105 million verdict against Exxon Mobil for contaminating New York City's groundwater.                                 

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Energy Boom Drives A Wedge Between Political Parties

April 21, 2014 12:30 pm | by NICHOLAS RICCARDI, Associated Press | Comments

The U.S. energy boom is blurring the traditional political battle lines across the country. Democrats are split between environmentalists and business and labor groups, with the proposed Canada-to-Texas oil pipeline a major wedge. Some deeply conservative areas are allying with conservationists against fracking, the drilling technique that's largely responsible for the boom.

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Corn Waste Fuel Not A Cleaner Alternative

April 21, 2014 12:27 pm | by DINA CAPPIELLO, Associated Press | Comments

Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change.

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Documents Link SDRC Inc. And Keystone XXL

April 21, 2014 11:37 am | by Associated Press | Comments

A state-sponsored company that directed millions of dollars from foreign investors to the idled Northern Beef Packers plant and other projects in South Dakota before running afoul of authorities also attempted to help finance the now-stalled Keystone XL oil pipeline, documents show.

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Halliburton Posts $600M In Q1

April 21, 2014 11:28 am | by Associated Press | Comments

Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago. Its latest results topped Wall Street expectations, and its shares edged up in premarket trading Monday.                      

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Unions Back Fracking Boom

April 21, 2014 11:26 am | by KEVIN BEGOS, Associated Press | Comments

After early complaints that out-of-state firms got the most jobs, some local construction trade workers and union members in Pennsylvania, Ohio and West Virginia say they're now benefiting in a big way from the Marcellus and Utica Shale oil and gas boom.

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Tesla Plant Site Proposed In Albuquerque

April 21, 2014 11:24 am | by Associated Press | Comments

Some Albuquerque leaders are suggesting a site on the city's west side as a location for Tesla Motors' planned new plant to manufacture batteries for its electric cars.                      

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Ammunition Plant Explosion Ruled Accidental

April 21, 2014 11:20 am | by Associated Press | Comments

The deadly explosion at a McEwen ammunition plant was accidental, according to a preliminary investigation by the Bureau of Alcohol, Tobacco, Firearms and Explosives.                     

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Hundreds Relocate For Chemical Plant Expansion

April 21, 2014 11:18 am | by Associated Press | Comments

More than 200 Mossville and Brentwood residents with property close to the Sasol chemical company's Westlake facility have agreed to sell their property to the company as part of a voluntary relocation plan.                

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Calpine Sells 6 Plants For $1.57B

April 21, 2014 11:15 am | by Associated Press | Comments

Calpine Corp. said Monday that it has agreed to sell six of its power plants to privately-held LS Power Equity Advisors for $1.57 billion.                                      

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Time Runs Out For Illegal Gold Miners

April 21, 2014 11:13 am | by FRANKLIN BRICENO, Associated Press | Comments

The clock has run out for an estimated 40,000 illegal gold miners who had until Saturday to legalize their status in a region of southeastern Peru where fortune-seekers have ravaged rainforests and contaminated rivers. The government's vow to enforce a ban on illegal mining is raising fears of bloody confrontations.

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