With broad bipartisan support, the Pennsylvania Senate on Wednesday approved a pair of bills designed to increase the availability of state-sourced natural gas in remote and rural area typically underserved by gas utilities.
U.K. energy powerhouse Centrica PLC put up £100 million ($157 million) for a slice of a Bowland shale formation exploration project and on-site costs, it said Thursday, making it one of the first big names to make a bet on Britain’s virtually untapped shale plays.
Royal Dutch Shell PLC has signed a letter of intent with China's Guanghui Energy Co. Ltd. to explore the construction of a liquefied natural gas import terminal in eastern China with a potential multibillion dollar project cost, Shell's China division said Thursday.
Canada on Wednesday said it would require its country's oil, gas and mining companies to disclose payments made to foreign governments, following similar steps taken by the U.S. and European Union, though the U.S. rule is currently being challenged in court by the petroleum industry.
BC Partners is closing in on a $4 billion acquisition of German academic publisher Springer in a deal that will likely wipe out plans for an initial public offering, while Sinopec wants a piece of a Russian-owned $20 billion liquefied natural gas project on the Arctic Yamal peninsula.
A federal judge has approved an international tribunal's $96.4 million arbitration award to Chevron Corp. in a dispute alleging the Republic of Ecuador misappropriated crude oil from Chevron, denying the country's claim that the U.S. court lacked jurisdiction.
The House Natural Resources Committee has greenlighted three energy bills that would expand offshore oil and gas drilling and maintain energy production in federal lands in Alaska, the committee said Wednesday.
Texas lawmakers on Wednesday were urged to adopt legislation that would dedicate almost $1 billion in annual oil and gas tax revenue to pay for transportation projects in the face of criticism that the state is overspending and not prioritizing education funding.
In blessing Federal Energy Regulatory Commission orders allowing a regional transmission organization to charge members to finance new power lines to remote wind farms, experts say the Seventh Circuit last week effectively endorsed the agency's efforts to spread out the costs of expanding the nation's electricity grid and handed it some new ammunition to protect a controversial utility transmission planning rule.
A Nebraska state judge on Tuesday rejected the state’s second attempt to sink a suit challenging a law that gives the governor power to approve a new route for the Keystone XL pipeline, saying the case isn’t moot just because a route has been planned.
Just 15 months after Curtis Mallet-Prevost Colt & Mosle LLP landed in Kuwait with an eye on energy and infrastructure-related work, the firm has shut the Persian Gulf outpost, while its Dentons competitors contemplate a similar closure.
FirstEnergy Corp. and the Bank of New York Mellon Corp. affiliates don't have to face allegations they cut an investor group out of the sale of a Pennsylvania coal-fired power plant because an appraisal of the plant's value was binding, a New York state judge ruled Wednesday.
Flaws in the U.S. Interior Department's coal leasing program may be costing taxpayers millions of dollars in royalty and bonus payments and hampering federal efforts to ensure coal companies are playing by the rules, an agency watchdog said Tuesday.
Oregon LNG on Monday asked the Federal Energy Regulatory Commission to approve a $6.3 billion liquefied natural gas terminal at the mouth of the Columbia River that could facilitate natural gas imports and exports, a move that may thwart local efforts to nix a proposed pipeline attached to the project.
Carlyle is plotting a $4 billion property fund that would be the largest new real estate effort since the financial crisis, while Marubeni stays active on the deal-making front with an expression of interest in a $2 billion stake in a Rio Tinto coal unit.
The board of Brazilian paper company Klabin SA has approved a plan to build a 5.3 billion real ($2.5 billion) pulp mill in the state of Parana and will partially fund the project with a 1.7 billion real stock sale, Klabin said Tuesday.
A Florida federal judge on Monday ordered the government of the Dominican Republic to pay $50.1 million to two Miami-based companies that claimed it breached their contract and failed to pay for work on an irrigation project in the Caribbean nation.
New York City Mayor Michael Bloomberg on Tuesday unveiled an ambitious $20 billion plan to protect the city from future storm surges, rising sea levels and extreme weather by fortifying the coastline, a response to both the aftermath of Hurricane Sandy and climate change.
Malaysia's state-owned Petroliam Nasional Bhd, is looking to inject $20 billion into its liquefied natural gas export project in Canada, making Pacific NorthWest LNG one of the largest projects in the U.S. and Canada, according to several Tuesday reports.
A day after two India state-owned oil companies announced and then retracted a nearly $2.5 billion purchase of a 10 percent stake in a gas field off the coast of Mozambique, India's energy minister said Tuesday that the companies were in advanced negotiations with stakeholder Videocon Industries Ltd.