Energy

US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting

Norway Overtakes Russia as Western Europe's Top Gas Supplier

Norway has overtaken Russia as western Europe's top gas supplier, data from state firms shows, indicating the European Union's drive to reduce its dependence on Russian energy is bearing fruit.

Reactor Spills About 3,000 Gal. of Fluid into Hudson River

Entergy Corp said on Friday that about 3,000 gallons of dielectric fluid escaped from the transformer of the Indian Point 3 nuclear power reactor in New York and

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

US Weekly Oil Rig Count Decline Slows

U.S. drillers cut the number of rigs by just one this week, data showed on Friday, signaling that higher crude prices may be starting to steady the sector after

Extra-long Frac Sand Train Lands into Eagle Ford Shale

Twin Eagle Sand Logistics Lands First 130 Car Frac Sand Unit Train Into New Silo System in Heart of the Eagle Ford Shale   Twin Eagle Sand Logistics, LLC, a subsidiary

AXA Axes $552.7m of Coal Investments

French insurer AXA said on Friday it was cutting its exposure to the coal industry, pulling out of investments worth 500 million euros ($552.7 million).   Europe's No.

Viper Subsea JIP Partner Commits to V-LIM

One of the sponsors of Viper Subsea’s Join Industry Project (JIP) to develop the company’s V-IR Subsea Integrity Monitoring System, has committed to deploy V-LIM

ExxonMobil Says Not Lobbying on Iran Sanctions

ExxonMobil issued a press statement today dismissing media reports that it is lobbying the U.S. government on Iran sanctions.   “ExxonMobil is not lobbying on Iran sanctions,

Enbridge Can Expand Canadian Crude Movements to US Gulf Coast

Enbridge Energy Partners LP  says its Flanagan South and joint-venture Seaway pipeline systems can be expanded to move more Canadian heavy crude to the U.S. Gulf Coast,

Iraq Exports Hold Close to Record High in May

Iraq's oil exports have held above 3 million barrels per day (bpd) so far in May, according to loading data and an industry source, keeping shipments from OPEC's

IRM Systems Opens Operations Base in Houston

IRM Systems, the independent authority on emergency pipeline repairs, announced that it has opened a new base of operations in Houston, Texas.   Improving efficiencies

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

Statoil Comes up Dry in Norwegian Sea

Oil and gas firm Statoil hit a dry well in the Southern part of the Norwegian Sea, the Norwegian Petroleum Directorate said on Friday. The well was drilled in

Britain's New Government to Kick-Start Shale

Britain's new Conservative government could take control of planning decisions to speed up the development of shale gas and prevent investor money from drying up, lawyers say.

Talks Fail, Norwegian Drillers Call in Mediator

Wage talks involving thousands of Norwegian offshore oil workers broke down late on Thursday, unions and employers said, raising the risk of a strike that could

Brent Slips Towards $66 Before Long Weekend

Islamic State advances in Iraq, Syria raise supply worries; U.S. crude futures set for 10th consecutive weekly rise. Oil prices slipped on Friday as worries

U.S. Sticking to Biofuel 'blend wall'

U.S. authorities are set to shake up the nation's complex and contentious renewable fuels policy in the coming days, issuing requirements expected to affirm that use of ethanol in motor fuels has,

Total Hosts Climate Talks with Big Oil

French oil major Total is hosting a meeting of the world's biggest oil companies over the sector's action plan ahead of U.N. climate talks in Paris at the end of the year.

Petrobras, CDB Ink Funding Deal

  Petrobras yesterdy signed a cooperation agreement with the China Development Bank (CDB) for the years 2015 and 2016. The deal encompasses funding of US$3.5 billion already disbursed,

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