ENERGY (MSM)
AUSTIN, Texas (AP) — The regulatory agency overseeing Texas’ oil and gas industry has determined that a series of small earthquakes in North Texas likely wasn’t caused by drilling operations by an Exxon Mobil subsidiary.
SAO PAULO (AP) — Brazil’s federal prosecutor’s office filed formal corruption charges on Tuesday against the former head of Eletronuclear, the state-owned company that operates Brazil’s two nuclear power plants, for his suspected role in a bribery scandal.
The Florida Supreme Court heard arguments on Tuesday about the language of a proposed constitutional amendment that would let consumers buy electricity from independent solar power companies, rather than stay dependent on state-regulated utilities. Florida is one of a handful of states where homeowners and businesses are not permitted by law to buy electricity directly from anyone other than a utility. Attorneys for the utilities told the court the amendment
Oil major ConocoPhillips is laying off 400 employees and 100 contractors in Canada, a company spokesman said on Tuesday, with the majority of cuts coming in the Calgary office. ConocoPhillips spokesman Rob Evans said the 400 employees were about 15 percent of the company’s workforce in Canada and the cuts will take effect in mid-October.
By Megan Rowling BARCELONA (Thomson Reuters Foundation) – After oil prices hit a record high in July 2008, the tiny Pacific nation of the Marshall Islands was forced to declare an economic emergency since around 90 percent of its energy needs were met by imported petroleum products. The fuel price shock was a major incentive for the low-lying island country to reduce its reliance on diesel and other fossil fuels,
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Chevron Corp., up 56 cents to $80.99 Oil stocks tracked the price of crude, which …
(Reuters) – A North Dakota oil well owned by Exxon Mobil subsidiary XTO Energy blew out on Saturday, leaking more than 550 barrels (23,100 gallons) of crude, some of which left the wellpad and seeped into surrounding grasses. The well, located in a rural area 25 miles southeast of Watford City, was being hydraulic fractured when its pressure control valves failed and it leaked the oil and about 110 barrels
CAPE TOWN (Reuters) – Chevron’s 110,000 barrel per day refinery in South Africa is operating normally after losing around 30 percent of its output due to a mechanical fault, the firm said on Monday. “We can confirm that the refinery is operating as per normal,” a spokeswoman said in a statement after the unplanned outage about two weeks ago affected the supply of petrol, diesel and liquefied petroleum gas.
Texas authorities have charged a man with killing a uniformed sheriff’s deputy at a Houston gas station Friday night. Law enforcement officials on Saturday arrested Shannon J. Miles, of Cypress, and charged him with capital murder in the fatal, “execution-style” shooting of Harris County deputy Darren H. Goforth, NBC News reports. Deputy Goforth was filling up his patrol car at a Houston Chevron gas station when the gunman approached from
WASHINGTON (AP) — The Environmental Protection Agency says it is going forward with a new federal rule to protect small streams, tributaries and wetlands, despite a court ruling that blocked the measure in 13 central and Western states.