Drones can combat power outages, expert says
Power companies could borrow an anti-terrorism tool to aid them in responding to outages after big storms. A nonprofit research group believes that drones could be used to gather information quickly...
View ArticlePrice-fixing probe in Europe targets BP, Statoil, Shell, others
Several major oil firms, including BP, Statoil and Royal Dutch Shell, have been caught up in a price-fixing probe in Europe.
View ArticleJudge tosses obstruction charge against former BP exec in spill case
A federal judge Monday threw out an obstruction of Congress charge against a former BP executive who had been accused of lying about the amount of oil that was flowing after the 2010 Gulf of Mexico oil...
View ArticleUS solar panel demand to surge 20 percent in 2013, report forecasts
Just nine states will account for more than 85 percent of all U.S. solar panel demand this year, spurring growth with mandates and incentives for homeowners and businesses, according to a new report...
View ArticleReport: Texas ranked No. 3 for power outages in 2012
Putting comprehensive protection plans and backup systems in place are the key to limiting disruptions from blackouts, according to a new report that shows Texas had the third-most power outages among...
View ArticleUS shale boom putting OPEC on the defense
OPEC’s weakening grip on international oil markets is causing a lot of head scratching and hand wringing among countries that aren’t used to not getting their way. “I imagine some members of OPEC may...
View ArticleUS led world in oil growth in 2012, BP report shows
U.S. oil production growth was the largest in the world last year, showing that despite some suggestions to the contrary, crude is plentiful, BP Chief Executive Officer Bob Dudley said Wednesday.
View ArticleAs U.S. production soars, oil companies eye far horizons
Even as much attention focuses on the Gulf of Mexico and U.S. onshore production from shale plays, new frontiers for exploration are taking drillers, engineers, geologists and services firms to Brazil,...
View ArticleUS coal exports in March hit record high, feds say
Even as Americans want less emphasis on coal than other energy sources, there is big demand for it in Asia, and that spurred a record monthly amount of exports of the fossil fuel from the U.S. in...
View ArticleFilm calls for ‘Switch’ in energy mix to feed expanding population
Conservation and tapping alternative sources of energy are critical to breaking much of the world’s love affair with oil and helping meet rising demand amid expected population growth, says an industry...
View ArticleTexas grid operator weighed down by peak electricity demand, EIA says
Peak demand for electricity in Texas is cutting the amount of reserve power available to the grid operator for most of the state.
View ArticleBP warns some Gulf oil spill claimants may have to give money back
BP is sending hundreds of letters this week to lawyers representing claimants whom BP believes received excessive business economic loss payments. The steering committee that negotiated the settlement...
View ArticleUnsealed BP report could slash Gulf oil spill penalties by billions
A London petroleum engineering professor hired by BP claims the U.S. government overestimated by 50 percent the amount of oil that spewed from the company’s undersea Gulf of Mexico well in 2010. The...
View ArticleUS energy industry feeling impact of climate change, report says
A new U.S. Energy Department report highlights the impact of climate change, including prolonged periods of high temperatures and water shortages, on the energy sector.
View ArticleJudge delivers harsh retort to BP’s request to halt oil spill payments
A federal judge Friday denied a BP request to halt all payments from last year's multibillion dollar class-action civil settlement with victims of the Gulf of Mexico oil spill.
View ArticleTexas spared from soaring wholesale electricity prices
In Texas, the power price increase was much smaller than the rest of the nation, largely because of the mild weather this spring.
View ArticleSolar power generation to jump over next five years, researchers say
Global sales of solar power generation that isn’t centralized in big facilities is expected to reach $112 billion a year by 2018, a new report from a research firm says.
View ArticleBP mounts heavy media campaign as judge weighs spill case
BP’s unrelenting attacks against how the Gulf oil spill civil settlement it agreed to is being handled aims to win over the public, but the strategy risks antagonizing a key constituent who is...
View ArticleTexas oil boom spurs more job growth
Texas continues to add energy jobs in impressive numbers, even as the broader employment picture across the country remains a bit cloudy.
View ArticleBP sues US government over suspension from new federal contracts
Because of the suspension, BP has lost out on potentially billions of dollars of business with the U.S. government.
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