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Michigan Bans Energy Companies From Lease Auctions

April 11, 2014 10:42 am | by Associated Press | News | Comments

The Michigan Department of Natural Resources has barred two energy companies under criminal indictment from participating in oil and gas lease auctions.                          

Pipe Tear Caused Oil Refinery Blast

April 11, 2014 10:27 am | by ANNIE KNOX, Associated Press | News | Comments

The U.S. Chemical Safety Board on Thursday released the first official findings on the blast at the Silver Eagle Refinery in Woods Cross in a report by an outside consulting group.                       

Oil-By-Rail Terminal Proposed For Washington State

April 11, 2014 10:13 am | by PHUONG LE, Associated Press | News | Comments

U.S. Development Group is seeking permits to build an oil terminal on the Washington coast that could handle about 45,000 barrels of crude oil a day.                                 

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Questions Remain 4 Years After Deepwater Horizon

April 11, 2014 10:12 am | by KEVIN MCGILL, STACEY PLAISANCE, Associated Press | News | Comments

Thousands are considering claims under a medical settlement BP reached with cleanup workers and coastal residents. The settlement, which could benefit an estimated 200,000 people, received final approval in February from a federal court.  

11 Senators Urge Keystone Approval

April 11, 2014 10:09 am | by MATTHEW DALY, Associated Press | News | Comments

Eleven Senate Democrats, including six who face contested races this year, urged President Barack Obama on Thursday to approve the Keystone XL oil pipeline by the end of May.                        

Farmers Weigh The Risks Of Fracking

April 11, 2014 1:00 am | by Al Jazeera English | Videos | Comments

In Ireland, where the agricultural focus has shifted to Irish-grown, organic food, farmers are struggling with whether the potential environmental dangers of fracking outweigh the energy benefits.                                        

Alaska House Resources Advances Gas Line Bill

April 10, 2014 11:09 am | by BECKY BOHRER, Associated Press | News | Comments

Following an intensive amendment process that began last week, the House Resources Committee passed out its rewrite of a bill aimed at advancing a major liquefied natural gas project.               

Chevron Predicts Q1 Profit Below Q4

April 10, 2014 11:02 am | by Associated Press | News | Comments

Chevron Corp. said that profit in the first quarter would slip below the fourth-quarter earnings on lower oil and gas production.                                          

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WY Finalizes Plans To Plug Orphan Wells

April 9, 2014 11:26 am | by Associated Press | News | Comments

State officials say they've finalized plans to begin plugging some of the Powder River Basin's hundreds of abandoned coal-bed methane wells in the weeks ahead, a big job that could get a lot bigger depending on the outcome of a company's bankruptcy.

New Fracking Book Illuminates Pros And Cons

April 9, 2014 11:21 am | by KEVIN BEGOS, Associated Press | News | Comments

In "The Boom," Russell Gold brings new clarity to a subject awash in hype from all sides.                                                     

SD Farmers Raise Issues With Oil Trains

April 9, 2014 11:16 am | by Associated Press | News | Comments

Some South Dakota farmers say North Dakota's Bakken oil field has created a shortage of rail engines and crews to move harvested grain to market.                         

BNSF plans to upgrade tanker fleet after accidents  MATTHEW BROWN, Associated Press   BILLINGS, Montana (AP) — BNSF Railway Co. said Thursday it intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a high

Feds Call For Two-Man Crews On Oil Trains

April 9, 2014 11:14 am | by JOAN LOWY, Associated Press | News | Comments

Federal regulators say they will propose requiring at least two crew members on trains transporting crude oil, as well as regulations aimed at preventing parked train cars from coming loose and causing an accident.                         

Oil Over $101 On Renewed Interest In Ukraine

April 8, 2014 11:13 am | by PABLO GORONDI, Associated Press | News | Comments

The price of oil climbed above $101 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and as traders awaited weekly data on U.S. crude stockpiles.                                      

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Alaskan LNG Bill Takes Shape In The House

April 7, 2014 10:10 am | by BECKY BOHRER, Associated Press | News | Comments

The House Resources Committee version of a bill to advance a major liquefied natural gas project was starting to take shape Saturday, as members dug into a thick stack of proposed changes.                                   

Libyan Militia Surrenders 4 Oil Terminals

April 7, 2014 9:44 am | by ESAM MOHAMED, Associated Press | News | Comments

A key Libyan militia in the east has agreed to hand back control of four oil terminals it captured and shut down last summer in its demand for a share in oil revenues, the official Libyan news agency reported.                                      

Royal Dutch Shell said Friday it is selling its Australian gasoline stations and refinery to energy trader Vitol Group for 2.9 billion Australian dollars ($2.6 billion).

Poor Management Led To Shell Grounding

April 4, 2014 10:39 am | by RACHEL D'ORO, Associated Press | News | Comments

Poor risk assessment and management were among factors that led to the grounding of a Shell oil drilling rig in the Gulf of Alaska in 2012, the Coast Guard said in a report released yesterday.                

Oil Rises In Anticipation Of Improved Jobs Report

April 4, 2014 10:30 am | by Associated Press | News | Comments

The price of oil rose as traders anticipated positive news in the monthly U.S. jobs report.                                                   

Illinois Increases Coal Ash Pond Inspections

April 4, 2014 10:15 am | by TAMMY WEBBER, Associated Press | News | Comments

The Illinois Department of Natural Resources said Thursday that it will increase inspections of coal-ash ponds in the wake of high-profile accidents that fouled waterways in other states, and implement other reforms in the division that oversees mining and oil and gas exploration.

Crude Imports Fall, Top Three Suppliers Still Have Highest Share In Decades

April 4, 2014 9:58 am | by U.S. Energy Information Administration | News | Comments

While U.S. total net crude oil imports fell during 2013, the share of imports last year from the United States' top three foreign oil suppliers—Canada, Saudi Arabia, and Mexico—was the highest in at least four decades.               

Royal Dutch Shell said Friday it is selling its Australian gasoline stations and refinery to energy trader Vitol Group for 2.9 billion Australian dollars ($2.6 billion).

Shell Selects Detroit For The 2015 Eco-Marathon Americas Challenge

April 3, 2014 11:00 am | by Associated Press | News | Comments

Today, Shell Oil Company, in conjunction with Detroit Mayor Mike Duggan, announced the selection of the iconic "Motor City" as host for the annual Shell Eco-marathon Americas® challenge beginning in 2015.                    

Public Hearing Scheduled For Gas Plant Expansion

April 3, 2014 10:57 am | by Associated Press | News | Comments

North Dakota regulators have scheduled a public hearing to discuss the proposed expansion of the Robinson Lake Gas Plant near New Town.                                  

Bakken Oil Output At 1.1M Barrels A Day

April 3, 2014 10:13 am | by JOSH WOOD, Associated Press | News | Comments

Oil production in North Dakota and Montana's Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to a research firm's estimates.                          

U.S. & EU Vow To Wean Ukraine Off Russian Gas

April 2, 2014 10:55 am | by MATTHEW LEE, RAF CASERT, Associated Press | News | Comments

The United States and European Union on Wednesday sought ways to reduce the political clout Russia gets from its vast energy reserves by promising to wean Ukraine and the rest of the continent off those supplies.                           

BP Engineer Granted Sentencing Delay

April 2, 2014 10:51 am | by Associated Press | News | Comments

A former BP engineer has been granted a delay in his sentencing on an obstruction of justice charge related to the 2010 Gulf oil spill.                                   

New Audio From Houston Channel Oil Spill

April 2, 2014 10:49 am | by Associated Press | News | Comments

The captains of the two vessels that collided in the Houston Ship Channel were aware they were perilously close to one another but still failed to avert a spill that dumped 168,000 gallons of oil into the water, according to a U.S. Coast Guard audio recording.

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