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Malaysian Navy Ship Pursuing Hijacked Tanker Near Vietnam

June 18, 2015 9:34 am | by The Associated Press | News | Comments

The tanker, carrying 7.5 million liters (2 million gallons) of gasoline worth 21 million ringgit ($5.7 million), was headed to northern Kuantan when communications were lost June 11.

Texas City Leaders Repeal Voter-Approved Ban on Fracking

June 18, 2015 9:13 am | by The Associated Press | News | Comments

Leaders of a North Texas university town that was the first in the state to ban hydraulic fracturing repealed the voter-approved measure early Wednesday, sounding a tone of capitulation to the state's powerful oil and gas interests after a seven-month battle.

How Tropical Storm Bill Could Impact Oil Prices

June 17, 2015 10:25 am | by Bloomberg Business | Videos | Comments

Oil prices have rebounded from a three-day drop. But it's the start of storm season, which could create price volatility in the coming months.

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Why Singapore is Putting Its Oil Back Into The Ground

June 17, 2015 9:56 am | by CNN | Videos | Comments

With little free space above ground, Singapore is using vast caverns to house its $300 billion chemicals and oil industry.

Senate GOP Bill Combats Obama Environmental Agenda

June 17, 2015 9:45 am | by ANDREW TAYLOR, Associated Press | News | Comments

A GOP-controlled Senate panel on Tuesday approved a $31 billion spending bill slashing the Environmental Protection Agency's budget by more than $500 million and seeking to block the agency on clean air and water regulations, global warming, and hydraulic fracturing to extract oil and gas from federal lands.

Pennsylvania Wants Record $8.9M Fine Against Drilling Firm

June 17, 2015 9:39 am | by PETER JACKSON, Associated Press | News | Comments

The Department of Environmental Protection announced the proposed penalty Tuesday against Range Resources, whose more than 5,300 wells make it the most active drilling company in Texas.

Is Nuclear Power on The Verge of a Big Comeback?

June 16, 2015 12:51 pm | by Andy Szal, Digital Reporter | News | Comments

Third Way, a self-described moderate think tank, argued that the private financial support will enable advances in nuclear power that rival changes in renewable energy and fracking over the past decade.

US Regulators OK Shell-BG Deal

June 16, 2015 12:44 pm | by Andy Szal, Digital Reporter | News | Comments

Royal Dutch Shell and BG Group announced on Tuesday that U.S. regulators officially approved their proposed $70 billion merger.

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Statoil to Cut up to 2,000 Staff, Consultants

June 16, 2015 10:06 am | by The Associated Press | News | Comments

Norwegian oil and gas company Statoil says it will lay off up to 1,500 staff and 500 consultants by the end of 2016 to slash costs.

Slow Sales Cause Honda to Scrub Natural Gas, Hybrid Civics

June 16, 2015 9:58 am | by The Associated Press | News | Comments

Slow sales and falling gasoline prices have prompted Honda to stop selling gas-electric hybrid and natural gas-powered versions of its Civic compact car.

Researchers Produce Fuel Components From Algae

June 16, 2015 9:53 am | by Andy Szal, Digital Reporter | News | Comments

Scientists from Tohoku University and the University of Tsukuba combined squalane and hydrogen using a ruthenium catalyst.

Three Times Cool Tech Transformed Manufacturing

June 15, 2015 5:15 pm | by Meagan Parrish, Editor, Chem.Info | Articles | Comments

From a vineyard in Vermont to the massive Port of Hamburg, here are three examples of IoT technology taking manufacturing to the next level.

Duke Energy says it will get out of the wholesale power-generation business in the Midwest because the financial results are too volatile.

Duke Energy Awaits Decision on Repair Costs For New Plant

June 15, 2015 11:07 am | by The Associated Press | News | Comments

Indiana's utility customer advocate is studying whether Duke Energy should be allowed to pass along costs of repairing its new $3.5 billion coal-gasification plant in southwestern Indiana to consumers.

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Texas Regulators: Disposal Wells Didn't Cause 4.0 Earthquake

June 15, 2015 10:00 am | by The Associated Press | News | Comments

Texas oil and gas regulators say there is no evidence that a record 4.0 earthquake last month in the northern part of the state was caused by injecting oilfield waste into underground wells.

By The Numbers — The First Solar Plane Flying Around the World

June 15, 2015 9:41 am | by Bloomberg Business | Videos | Comments

The Solar Impulse is the first plane that is trying to circumnavigate the globe using only solar power. Bloomberg breaks down all the stats about the plane and all the records the Solar Impulse is attempting to break.

Activists Spend 6 Hours Suspended From Shell Ship in Protest

June 12, 2015 4:17 pm | by The Associated Press | News | Comments

Two activists spent about six hours Friday suspended from the anchor chain of a Royal Dutch Shell support ship docked north of Seattle to protest the petroleum giant's plans to drill for oil in the Arctic Ocean.

Los Angeles Drops Plans to Buy Power From Solar Plant

June 12, 2015 4:11 pm | by The Associated Press | News | Comments

The city of Los Angeles has dropped plans to buy electricity from a proposed solar project in the Mojave Desert, saying it would be too damaging to bighorn sheep, desert tortoises and other wildlife.

Why Hackers Have Made Energy Industry a Favorite Target

June 12, 2015 10:12 am | by Bloomberg | Videos | Comments

A study conducted in April by Symantec found that computer-system invaders attacked 43 percent of global mining, oil and gas companies at least once last year.

Whirlpool Windmill Produces Power Without Blades

June 12, 2015 10:09 am | by Reuters | Videos | Comments

A suspension bridge in the United States stretching — and collapsing — in high winds in 1940 inspires a silent, swaying new-look wind turbine in Spain today.

What's Ahead For Japan's Fukushima Nuclear Plant

June 12, 2015 9:59 am | by MARI YAMAGUCHI, Associated Press | News | Comments

Four years after an earthquake and tsunami destroyed Japan's Fukushima nuclear power plant, the road ahead remains riddled with unknowns.

New Research on Plutonium Heats Up

June 12, 2015 9:45 am | by Andy Szal, Digital Reporter | News | Comments

“There is nothing else as complex as plutonium,” Florida State University chemist Thomas Albrecht-Schmitt told Chemical & Engineering News.

California Oil Spill Cleanup Costs Reaches $62M

June 11, 2015 12:26 pm | by ALICIA CHANG, AP Science Writer | News | Comments

The cost of cleaning up the oil spill that fouled beaches last month on the California coast has reached $62 million so far, the pipeline company said Wednesday.

Inside The Largest Project in Chevron's History

June 11, 2015 9:59 am | by Bloomberg Business | Videos | Comments

The $85 billion question for Chevron's shareholders: Will the company's two major LNG projects in Australia pay off? Bloomberg goes inside Chevron's biggest projects in the world in this special report.

Natural Gas Firm Asked to Show It's Not Causing Texas Quakes

June 11, 2015 9:39 am | by EMILY SCHMALL, Associated Press | News | Comments

A natural gas extraction company controlled by energy giant Exxon Mobil sought to prove Wednesday that it is not to blame for a recent rash of small earthquakes in North Texas, telling a powerful state agency that it believes the earthquakes occurred naturally.

Sinclair Lawsuit Blames 2013 Refinery Fire on Faulty Valve

June 10, 2015 9:56 am | by MEAD GRUVER, Associated Press | News | Comments

A lawsuit filed by the owner of a Wyoming refinery alleges six companies played roles in the installation of a valve that failed, causing a fire and $135 million in damage to the plant.

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