From Companies 2:27 pm
A branch of the New York State Supreme Court ruled Tuesday that the Town of Dryden can prohibit the gas drilling hydraulic fracturing within its borders. The decision could embolden other New York municipalities to impose similar bans, potentially upending the primacy of state law over the oil and gas industries.
From Politics & Policy 12:51 pm
A large pocket of offshore natural gas could shift Eastern Mediterranean geopolitics on its head. As the threat of war looms between Israel and Iran, the newly found gas could add extra friction between the two countries.
From Economy Feb 21
The good news for U.S. drivers is that unless a "world-wide catastrophic event," like war breaking out between Iran and Israel, takes place soon, the $5 figure will not be hit in the near future, according to AAA.
From Politics & Policy Feb 21
The number of working rigs for drilling oil is on the rise in North America, according to the latest figures released by Baker Hughes.
From Politics & Policy Feb 20
An Ecuadorean court Monday defied an international arbitration panel's request that the country prevent plaintiffs from collecting on billions of dollars in environmental damages from Chevron Corp.
From Politics & Policy Feb 20
A large natural gas find off the northern coast of Venezuela is changing the way gas in the Caribbean Basin is being sought.
From Companies Feb 20
For those purchasing a new car and looking to save on gasoline prices, here is a list of the top 15 fuel efficient cars out on the market, according to ConsumerReports.org.
From Companies Feb 20
Transocean crews over the weekend began drilling a relief well off the coast of Nigeria to allow for the proper abandonment of a Chevron Corp. natural gas well that exploded, killed two contractors, sank, and has remained on fire for more than one month.
From Politics & Policy Feb 17
Japanese conglomerate Mitsui MOEX Offshore will pay $90 million for the BP Gulf Oil Spill of 2010 in what is the first settlement ahead of the liabilities trial expected to start in 10 days.
From Politics & Policy Feb 17
Chevron, the No. 2 U.S. energy company, won two small legal victories this week that could lessen potential liabilities over alleged pollution in South America. A court in Ecuador had previously levied an $18 billion fine.
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