Arkansas oil spill dumped gallons of oil into Mayflower subdivision Two subsidiaries of Exxon Mobil must pay almost $5 million in penalties for state and federal violations involving the 2013 Mayflower oil spill in central Arkansas, according to a consent decree filed in federal court Wednesday. The decree brokered between the U.S. Department of Justice,
2013 Arkansas oil spill: Exxon subsidiaries to pay $5M Read More »
White House energy plan: modernize power plants, ensure steady supply of energy The White House energy plan was released on Tuesday. The four-year program is designed to fight climate change, modernize power plants and find other ways to ensure the nation has a steady supply of safe energy. Vice-President Joe Biden is planning to visit
White House energy plan to fight climate change, ensure supply Read More »
Job cuts numbers highest in Texas, followed by Oklahoma Employers in 31 U.S. states cut jobs last month as weak economic growth weighed on hiring and a slowdown in oil and gas drilling caused big job losses in some states. The Labor Department said Tuesday that unemployment rates rose or were unchanged in 27 states
Job cuts in 31 US states – oil and gas industries take hit Read More »
Driverless cars may reduce congestion, speed harmonization By Peter Stone, Professor of Computer Science, University of Texas at Austin Certain technologies go from being almost unimaginable to commonplace in what seems like the blink of an eye. For example, it was a relatively short time between when microwave ovens were introduced and when they became
Driverless cars: Increasing safety, changing roadway infrastructure Read More »
Energy companies can be sued under state antitrust laws The U.S. Supreme Court says a group of energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California’s energy crisis. The justices on Tuesday ruled 7-2 against American Electric Power Co., Duke Energy Co.
Energy companies can face states’ price fixing claims: Supreme Court Read More »
Drilling platform toppled during Hurricane Ivan, resulting in Gulf oil leak A U.S. senator from Florida is pressing federal officials to disclose technical data and other information about a decade-old oil leak in the Gulf of Mexico, after an investigation by The Associated Press revealed evidence that the spill is far worse than a company or government regulators
2004 Gulf oil leak: Senator presses for data, records Read More »
Halliburton posts loss of $643M in first quarter Halliburton Co. has cut 9,000 jobs, more than 10 per cent of its workforce, in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help. Halliburton executives disclosed the job cuts Monday on a conference call with investors. The
Halliburton cut 9,000 jobs in 6 months, maybe more to come Read More »
Bureau of Land Management: Current regs failed to keep pace with advances, market The Obama administration took a first step Friday toward a possible increase in fees charged for oil and gas companies to drill on federal lands. The Bureau of Land Management issued a notice seeking public comment on whether regulations are needed to
Possible oil, drilling fees hike by Bureau of Land Management Read More »
Railroads also asked to more closely inspect oil by rail trains U.S. federal transportation officials said Friday they’re taking a series of steps to improve the safety of oil by rail trains hauling flammable liquids, including an emergency order limiting train speeds to no more than 40 mph in “high impact” urban areas. Among other steps
Oil by rail trains told to slow down by US transportation officials Read More »
‘Coal Wars’ author says global coal industry must be shut down “Coal Wars: The Future of Energy and the Fate of the Planet” (Palgrave Macmillan), by Richard Martin Fierce conflicts over coal are taking place around the globe, but author Richard Martin says the decline and ultimate demise of the fuel that powered the Industrial
‘Coal Wars’: US reducing coal use, moving to natural gas Read More »
