Transocean owned the Deepwater Horizon rig that was drilling for BP PLC at its Macondo well, about 50 miles off the Louisiana coast when an explosion killed 11 workers and led to the nation's worst offshore oil spill. Transocean officials did not immediately respond to messages seeking comment.» Read More
The headwinds faced by China's massive steel sector- falling profit margins and growing dependence on handouts- are shared by other key industrial and infrastructure-related sectors, including aluminium, cement and coal.
PITTSBURGH— Energy company Range Resources said Thursday it has agreed to pay a $4.15 million fine for environmental violations at a western Pennsylvania site that handled natural gas drilling waste.
BISMARCK, N.D.— An oil executive accused of dumping toxic drilling liquid and endangering drinking water for a county in southwest North Dakota has reached an undisclosed plea deal with federal prosecutors, authorities say. Executive Drilling LLC President Nathan Garber is slated to be sentenced Sept. 26 in Bismarck federal court.
The Export-Import Bank is a key lifeline for the embattled U.S. nuclear sector, a former trade official told CNBC.
DONEGAL, Pa.— An elderly western Pennsylvania couple is struggling to cope after state officials say a natural gas drilling company's wastewater pond contaminated their drinking water.
HELSINKI— The environmentalist Green Party says it's dropping out of Finland's coalition government, which has endorsed the construction of a new nuclear power plant.
PITTSBURGH— Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia, the Pittsburgh- based Center for Sustainable Shale announced Thursday.
The removal of contaminated soil, wells, storage tanks and transformers at the 36- acre area known as the Jard site was finished in 2007. But the Bennington Banner reports the EPA has found that the pollution has spread, contaminating a pond and some home basements. The EPA has monitored wells and done work on the area.
The Newport Daily News reports that the U.S. Environmental Protection Agency announced Wednesday it approved plans to clean up the former Robert E. Derecktor Shipyard site on Naval Station Newport property in Middletown. While EPA will oversee the remedies, the field work will be conducted and paid for by the Navy and its contractors.
WASHINGTON— The U.S. is planning to train veterans to become solar panel installers in the next six years, the White House said Thursday.
VANCOUVER, Sept 17- The Supreme Court of British Columbia has rejected a local municipality's bid for a temporary injunction to stop survey work for an oil pipeline expansion project proposed by Kinder Morgan Energy Partners.
TOKYO— Japan has agreed to cut purchases of eel fry from neighboring East Asian countries by 20 percent as part of moves to protect the endangered species. The agriculture ministry said the the agreement with China, South Korea and Taiwan, reached Wednesday, calls for reducing eel hauls by 20 percent for one year, beginning in November.
Sept 17- The U.S. Department of Agriculture on Wednesday gave final approval to new genetically modified corn and soybeans developed by Dow AgroSciences that, while heavily criticized by environmentalists and some farmers, are portrayed by Dow as an answer to weed resistance problems that limit crop production.
WASHINGTON— The Agriculture Department has approved the use of genetically modified corn and soybean seeds that are resistant to a popular weed killer. The EPA has said it will rule this fall on Dow AgroSciences' application to market the chemical.
WASHINGTON, Sept 17- The U.S. Senate's top Democratic and Republican tax law writers on Wednesday both urged colleagues to renew a set of expired federal tax breaks, many of which support renewable energy. "We are optimistic that Congress will pass tax extenders," said David Ward, spokesman for the American Wind Energy Association.
CHICAGO— A legislative panel said Tuesday that it wants more time to decide whether rules written by the Department of Natural Resources to govern hydraulic fracturing in Illinois can take effect.
BOSTON— Wynn Resorts and Massachusetts gambling regulators finalized the license Wednesday for a $1.6 billion casino outside Boston. Wynn brings a track record of success in competitive gambling jurisdictions, including Las Vegas and Asia, said James McHugh, acting commissioner of the Massachusetts Gaming Commission.
CHARLESTON, W.Va.— A federal bankruptcy judge has approved a $2.9 million settlement that would benefit 300,000 people whose water was contaminated in a January chemical spill. Judge Ronald Pearson filed the order Tuesday in U.S. Bankruptcy Court in Charleston. Pearson's approval lets a U.S. District Court judge consider the deal as a separate lawsuit.
CLEARWATER, Fla.— It's like Florida's version of The Blob. Petersburg in the south and stretching north to Florida's Big Bend, where the peninsula ends and the Panhandle begins. It's spooky, "said Clearwater fisherman Brad Gorst as he steered the charter fishing boat Gulfstream 2 in waters near Honeymoon Island, where dead fish recently washed ashore.
AUGUSTA, Maine— A California billionaire's political operation is entering Maine's three-way race for governor and will target 90,000 potential voters who it believes can help defeat Republican Gov.