Chesapeake Energy and its CEO, Aubrey McClendon, have been the public face of the U.S. shale-gas revolution, which is as celebrated for its role in transforming energy geopolitics as it is feared for the potential environmental impacts of its key technology -- hydraulic fracturing, or 'fracking.' Now, allegations of scandal at Chesapeake, the nation's second-largest gas producer, draw new scrutiny to an industry leader.
U.S. crude production rose to the highest level in a quarter-century as a shale drilling boom in states such as Texas and North Dakota cut the need for foreign oil and pushed the country closer to energy independence.
The college basketball player who hit a half-court shot for $20,000 at an Oklahoma City Thunder game last month will be allowed to use the money toward his tuition without losing any athletic eligibility.
InsideClimateNews.org -- Jerry Skinner stands in his garden, looking into the distance at the edge of a forested mountain. Amid the lush shades of green, a muddy brown strip of earth stands out. It's the telltale sign of a buried pipeline.
Royal Dutch Shell Plc’s Argentine unit plans to triple shale investments on prospects that the government will change energy policies to spur development of the Vaca Muerta formation and cut fuel imports.
Mexico’s seven-decade state energy monopoly is one step closer to allowing private oil investment after Senate committees voted in principle to approve a bill that allows output sharing and licenses for outside companies.
Senators from Mexico’s two biggest political parties proposed a bill to break the nation’s 75-year oil monopoly by amending the constitution to allow production sharing contracts and licenses for outside producers.
Ivan Glasenberg, the billionaire running commodities supplier Glencore Xstrata Plc, is investing more in thermal coal than his three closest competitors combined even as investors warn the fuel’s outlook is deteriorating.
InsideClimateNews.org -- As environmentalists began ratcheting up pressure against Canada's tar sands three years ago, one of the world's biggest strategic consulting firms was tapped to help the North American oil industry figure out how to handle the mounting activism. The resulting document, published online by WikiLeaks, offers another window into how oil and gas companies have been scrambling to deal with unrelenting opposition to their growth plans.
Bloomberg Sustainability News
Nations and companies face rising competition for strategic resources - energy, food, water, materials - and the technologies that make best use of them.
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