SOFIA (AFP) - Chevron, the number two US oil company, has won a tender to explore shale gas deposits in northeastern Bulgaria, Economy and Energy Minister Traicho Traikov said Saturday. Full Story »
Energy News
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Chevron to explore shale gas deposits in Bulgaria
AFP – Sat May 28, 2:40 pm ET -
Air India grounds flights amid jet fuel woes
AFP – Fri May 27, 10:26 am ETNEW DELHI (AFP) - Cash-strapped Air India was forced to cancel some flights Friday after oil companies refused to give the state-run carrier fuel because of a failure to pay bills. Full Story »
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Shell could become Rosneft's Arctic partner: Putin
Reuters – Fri May 27, 10:26 am ETNOVO-OGARYOVO, Russia (Reuters) - Royal Dutch Shell could become a partner in Arctic oil exploration of Russia's biggest producer Rosneft, Prime Minister Vladimir Putin said on Friday. Full Story »
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BP oil spill partly blamed for Gulf dolphin deaths
AFP – Thu May 26, 6:39 pm ETMIAMI (AFP) - The deaths of over 150 dolphins in the Gulf of Mexico so far this year is due in part to the devastating 2010 BP oil spill and the chemical dispersants used to contain it, a report said Thursday. Full Story »
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Obama's Staff Shamefully Enables BP with $550-Plus Gas Purchase
ContributorNetwork – Thu May 26, 4:50 pm ETCOMMENTARY | Seven of the U.S. taxpayers' vehicles, including President Obama's armored limousine, filled up with gas at a BP petrol station Wednesday in a section of the the London borough of Westminster called Pimlico, reports the London Evening Standard. Full Story »
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Scientists doubt claims methane gone after BP spill
AFP – Thu May 26, 2:54 pm ETWASHINGTON (AFP) - Scientists on Thursday cast doubt on a study that claimed bacteria ate nearly all the methane that leaked after the BP oil spill in the Gulf of Mexico, saying its methods were flawed. Full Story »
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BP asks judge to dismiss many spill claims
AP – Thu May 26, 2:26 pm ETNEW ORLEANS - BP PLC is asking a federal judge to dismiss most of the court claims filed against the oil giant by businesses and individuals who say they suffered economic damage from last year's massive Gulf oil spill. Full Story »
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Michigan sets new rules for natural gas fracking
AP – Wed May 25, 10:05 pm ETTRAVERSE CITY, Mich. - Environmental regulators in Michigan have approved new rules for energy companies that produce natural gas by cracking open underground rock formations. Full Story »
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Ira Sohn Highlights: Chanos negative on First Solar, Vestas
Reuters – Wed May 25, 8:55 pm ETNEW YORK (Reuters) - Influential hedge fund manager David Einhorn called on Microsoft's Chief Executive Steve Ballmer to step down, while famed short-seller Jim Chanos threw cold water on alternative energy companies during the annual Ira Sohn Investment Research Conference on Wednesday. Full Story »
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Venezuelan oil workers rally against U.S. sanctions
Reuters – Wed May 25, 5:31 pm ETCARACAS (Reuters) - Red-clad oil workers rallied in Venezuela on Wednesday to denounce "imperialist" U.S. sanctions over its Iran ties, but the rising anger seemed unlikely to sink the OPEC member's huge oil trade with the United States. Full Story »
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U.S. relies less on oil imports to meet fuel demand: government
Reuters – Wed May 25, 3:19 pm ETWASHINGTON (Reuters) - U.S. dependence on imported oil fell below 50 percent in 2010 for the first time in more than a decade, thanks in part to the weak economy and more fuel efficient vehicles, the Energy Department said on Wednesday. Full Story »
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Senator blocks Salazar pay hike in drilling battle
AP – Wed May 25, 12:47 pm ETWASHINGTON - Democrats are crying foul after a GOP senator blocked a pay raise for Interior Secretary Ken Salazar in an effort to pressure him into approving more deepwater oil and gas drilling permits. Full Story »
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Japan's Softbank announces solar power plan
AFP – Wed May 25, 8:05 am ETTOKYO (AFP) - Japanese telecom company Softbank is to work with local authorities in a drive towards renewable energy, its president said on Wednesday after announcing the construction of 10 large solar power plants. Full Story »
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Japan PM to unveil push for renewable energy, cheaper solar
Reuters – Wed May 25, 7:25 am ETTOKYO (Reuters) - Japan's Prime Minister Naoto Kan is expected to announce a drive toward renewable energy, including slashing the cost of solar power, when he meets fellow leaders of the G8 rich nations group later this week, media reports say. Full Story »
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Central China drought worst in over 50 years: reports
AFP – Wed May 25, 2:22 am ETBEIJING (AFP) - Central China's worst drought in more than 50 years is drying reservoirs, stalling rice planting, and threatens crippling power shortages as hydroelectric output slows, state media said Wednesday. Full Story »
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Obama orders US agencies to buy green vehicles
AFP – Tue May 24, 6:36 pm ETWASHINGTON (AFP) - The US administration will only buy vehicles using alternative energy sources to equip its fleet by the end of 2015, President Barack Obama announced Tuesday. Full Story »
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Administrator: EPA Committed to Public Health
ContributorNetwork – Tue May 24, 6:18 pm ETAccording to a news release from the U.S. Environmental Protection Agency website, EPA Administrator Lisa P. Jackson testified in front of U.S. House Oversight and Government Reform Committee this morning about the current problems with the price of oil and the EPA's role of ensuring safety to Americans and the environment in the expansion of domestic oil drilling in the United States. Full Story »
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Alternative Energy and Energy Plan Should Not Be a Partisan Issue
ContributorNetwork – Tue May 24, 12:21 pm ETCOMMENTARY | The issue of alternative energy is becoming a divisive issue as Republicans prepare for the 2012 campaign. Full Story »
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