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News & Updates
August 31, 2011 Rosneft teams up with Exxon Mobil in Arctic dealSource: BusinessWeek
Russia's state-owned Rosneft teamed up with U.S. company Exxon Mobil on Tuesday in a multibillion deal to develop offshore oil fields in the Russian Arctic -- one of the last regions with immense and untapped hydrocarbon deposits...
Source: International Business Times
Research funded by the U.S. Department of Energy has demonstrated how to "tweak" an inexpensive semiconductor material to generate hydrogen from water by using sunlight, a finding that could revolutionize the energy sector.
August 31, 2011 San Bruno pipeline explosion: 'A failure of the entire system'Source: LA Times
In a scathing critique, federal investigators blamed Pacific Gas & Electric Co. for what one official called "baffling" mistakes that led to a gas pipeline explosion last September that killed eight people and destroyed 38 homes...
August 31, 2011 2 West Virginia coal mines formerly owned by Massey Energy receive PPOV notices from MSHA after record-keeping audits reveal unreported accidentsSource: US Labor Department
ARLINGTON, Va. — The U.S. Department of Labor's Mine Safety and Health Administration has issued notices of a potential pattern of violations to Randolph Mine operated by Inman Energy and Justice No. 1 Mine operated by...
August 31, 2011 $5B deal for Australian coal company long awaitedSource: AP
ST. LOUIS (AP) — The deal for Peabody Energy, the world's biggest private-sector coal company, and a partner to buy Australia's Macarthur Coal for more than $5 billion concludes more than a year of pursuit and continues...
August 30, 2011 Promise of Jobs from Solar, Wind Power a Hard Sell in the DesertSource: National Journal
SEARCHLIGHT, Nev.-- It’s easy to find Senate Majority Leader Harry Reid’s house in his tiny desert mining hometown. “You looking for Dirty Harry? Just look for the house with the wind turbine in the yard and the big solar panels...
August 30, 2011 Beijing to cap coal use to reduce pollutionSource: China.org
"Beijing already boasts higher carbon productivity than most other cities in the country, thanks to its optimized industrial structure," said Zou Ji, China director of the World Resources Institute, a ...
August 29, 2011 State Dept. report favors US-Canada oil pipelineSource: BusinessWeek
The State Department says a Canadian company's plan to pipe oil from Alberta to the U.S. Gulf Coast wouldn't cause significant environmental problems during construction or operation.
August 26, 2011 Clean Energy gets more investment, shares riseSource: Reuters
Clean Energy Fuels Corp said three investment companies would follow Chesapeake Energy in investing $150 million in the North American natural gas fuels provider, sending its shares up as much as 9 percent. Aubrey McClendon,...
August 25, 2011 Christie to announce decision on gas drilling banSource: Houston Chrronicle
TRENTON, N.J. (AP) — Gov. Chris Christie's decision on whether New Jersey will become the first state in the country to ban a natural gas drilling process known as hydraulic fracturing or "fracking" is expected Thursday.
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