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Train derails and explodes in Lynchburg, Va.

derailment

LYNCHBURG, Va. (AP) — Authorities were evacuating numerous buildings Wednesday afternoon after several CSX tanker cars carrying crude oil derailed in downtown Lynchburg, Va., and caught fire along the James River, city officials said. The city of Lynchburg on its website posted that the fire department was on the scene and urged motorists and pedestrians to avoid the area. It ...

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Breakup likely for Energy Future Holdings in bankruptcy

office

Jim Fuquay, The Fort Worth Star-Telegram Tuesday’s long-expected bankruptcy filing by Dallas-based Energy Future Holdings will likely result in the breakup of the state’s biggest power firm, but there should be little immediate impact on customers and the state’s power grid, observers said. “The lights aren’t going out,” said Bernard Weinstein, an economist at the Maguire Energy Institute at Southern Methodist ...

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Harry Reid Opens Door To Keystone Pipeline Vote

harry reid

By Timothy Gardner and Thomas Ferraro WASHINGTON, April 29 (Reuters) – U.S. Senate Majority Leader Harry Reid, in an abrupt election-year shift in strategy, opened the possibility on Tuesday of allowing a vote on congressional approval of the long-delayed Keystone XL oil pipeline. “I’m open to anything that will move energy efficiency,” Reid, a long-time foe of the project, told ...

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Hazardous materials safety downsizes, pipelines continue to leak unreported

pipeline

By Lydia Gilbertson | Google+ The Pipeline and Hazardous Materials Safety Administration has recently offered a number of their employees buyouts to decrease their staff by 9 percent. The Pipeline and Hazardous Materials Safety Administration (PHMSA) is the federal regulator for the nation’s pipelines and crude railcars. Their website states that their mission is to “protect the people and the ...

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Oil and gas operations come under Okla. city scrutiny

gas well

Joy Hampton, The Norman Transcript, Okla. NORMAN — Hydraulic fracturing has sent tremors through the city recently, but not because the city is selling compressed natural gas, the clean alternative. Rental of a temporary water meter by an oil and gas drilling company has raised red flags at city hall while residents post fears and concerns about water use and “fracking” ...

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Lavaca officials give go ahead on liquid natural gas plant

natural gas ring

By Jessica Rodrigo, The Victoria Advocate, Texas Lavaca County commissioners Monday approved the creation of a reinvestment zone that will bring more jobs to the county. In addition, the commissioners approved the tax abatement application submitted by HEYCO LNG in a 4-0 vote to build a liquid natural gas production plant that will work in partnership with the Enterprise Products Partners plant ...

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Shell: not entering new Russia investments

shell

By Toby Sterling AMSTERDAM (AP) — Royal Dutch Shell PLC says it will not be entering new investments in Russia anytime soon as tensions rise over the country’s confrontation with Ukraine. Chief Financial Officer Simon Henry said the company, Europe’s largest oil company, will continue to oversee its existing operations and will cooperate with any sanctions placed upon Russia by ...

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Increasing Bakken ultimate oil recovery

pump jizacks

Patricia Stockdill, The Bismarck Tribune A good old-fashioned conventional oil well drilled vertically often has a primary recovery rate of 15 to 20 percent of its available oil. Companies can then come in with water flooding to entice another 15 to 20 percent of the reservoir’s oil, followed by Enhanced Oil Recovery (EOR) for additional oil. It’s not like that ...

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In win for Obama, top court revives cross-state air pollution rule

supreme court

By Lawrence Hurley (Reuters) – The U.S. Supreme Court handed President Barack Obama a victory on Tuesday by upholding a federal environmental regulation requiring some states to limit pollution that contributes to unhealthy air in neighboring states. By a 6-2 vote, the court said the U.S. Environmental Protection Agency acted reasonably in requiring 28 states to reduce emissions from coal-fired ...

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