Chesapeake boosting Wyoming holdings

Chesapeake Energy Corp., the U.S. natural gas producer that almost ran out of money last year, is spending $1.71 billion to expand access to oil-soaked shale in Wyoming and buy back preferred shares that were a drain on cash.

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Anadarko $5 billion settlement clears explorer for growth

The $5 billion settlement of a long-running pollution case will free Anadarko Petroleum to rival the world's biggest energy companies and pursue global ambitions from Mozambique to the Gulf of Mexico.

That is, if they don't get bought first.

Built for a potential sale by former chief executive officer James Hackett, a renowned dealmaker, Anadarko may have outgrown all but a few possible suitors.

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The Absurdity of US Natural Gas Exports

Quiz:1. How much natural gas is the United States currently extracting? (a) Barely enough to meet its own needs(b) Enough to allow lots of exports(c) Enough to allow a bit of exports(d) The United States is a natural gas importerAnswer: (d) The United States is a natural gas importer, and has been for many years. The EIA is forecasting that by 2017, we will finally be able to meet our own natural gas needs. Figure 1.

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NRC lets Constellation transfer nuke licenses

SCRIBA, N.Y. (AP) — The Nuclear Regulatory Commission has approved the direct transfer of operating licenses for five commercial nuclear power reactors, including three in upstate New York.

The licenses for the Nine Mile Point and Ginna nuclear power plants on Lake Ontario, along with two at Calvert Cliffs in Maryland, will be transferred from Constellation Energy to Exelon.

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Economists: Texas economy strong, getting stronger

AUSTIN, Texas (AP) — The $1.3 billion Texas economy has completely recovered from the Great Recession and is getting stronger, official and independent economists told state lawmakers Thursday.

Texas and New York are the only two states to have restored all of the jobs lost when the recession hit in 2007, said John Heleman, chief revenue estimator in the Texas comptroller's office.

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Iowa Senate backs clean energy tax credits

DES MOINES, Iowa (AP) — The Iowa Senate has advanced a pair of proposals intended to move the state forward with solar power and other forms of clean energy.

The Democratic-led Senate unanimously voted Thursday in favor of two bills meant to expand the production of clean energy in Iowa.

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NY, fed agencies do 2nd oil train inspection blitz

ALBANY, N.Y. (AP) — State and federal inspectors have completed a second round of safety checks of train tracks and oil tanker cars in an effort to prevent disastrous derailments and spills of volatile crude from North Dakota's Bakken region.

The inspection blitz, which generally found only minor and easily correctable defects, is part of a proactive safety effort launched in January after several severe accidents across the U.S. and Canada, Gov.

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House rejects Senate plan for Kansas energy

TOPEKA, Kan. (AP) — Kansas House members have rejected a Senate plan to end the state's renewable energy standards despite concerns that the policies are leading to higher utility rates for businesses and residents.

The chamber voted 77-42 on Wednesday to reject an attempt to place the bill in a conference committee, where House and Senate members could negotiate a compromise.

The standards require utility companies to provide 20 percent of their electricity from renewable sources by 2020.

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Shell Nigeria calls "force majeure" for exports

LAGOS, Nigeria (AP) — Shell Nigeria is declaring "force majeure" on exports from its Forcados crude oil terminal that stopped operating on March 4 because of a leak in its undersea pipeline.

A statement blames thieves for the leak eight meters (26 feet) underwater in the Gulf of Guinea.

The announcement of "superior force" effective from 9 a.m.

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Senate hears pleas for more natural gas exports

WASHINGTON (AP) — Calls to increase U.S. natural gas exports to counter Russian influence across Europe grew louder Tuesday amid concerns that Russia will move deeper into Ukraine.

Lithuania's energy minister, Jaroslav Neverovic, pleaded in emotional terms for U.S. help, saying his country is "100 percent" dependent on Russia for natural gas and has to pay 30 percent higher prices for it than other countries in Europe.

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Agency seeks greater Hudson oil terminal scrutiny

ALBANY, N.Y. (AP) — State regulators are seeking more information from a Massachusetts company that plans to expand its Hudson River facilities routing rail shipments of crude oil from North Dakota and western Canada to coastal refineries.

The Department of Environmental Conservation sent letters to Global Partners, based in Waltham, Mass., on Monday, requesting more information about emergency response plans, community impact, and other aspects of a rail terminal planned in New Windsor, just north of West Point.

The agency also said it's extending the deadline for public comments on Global's Albany expansion plans from April 2 to ...

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GOP candidate Kashkari proposes tax breaks

SACRAMENTO, Calif. (AP) — A 10-year corporate tax credit for companies that move to California and create more than 100 new jobs, diverting nearly $10 billion in high-speed rail bond money to water storage projects and promoting fracking for oil and natural gas are among the policy proposals released Tuesday by Republican gubernatorial candidate Neel Kashkari.

The proposals read like a wish list of proposals Republican lawmakers in the state Legislature have pushed over the last decade.

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Oil back above $100 on Russia, Libya supply risks

The price of oil fell edged above $100 a barrel Monday as Russia's annexation of Crimea and Libya's continued difficulties to stabilize its oil industry worried investors.

Russia is a key supplier of crude oil and natural gas to Europe while Libya's production of crude, valued by refiners for its high quality, has yet to recover fully since the 2011 civil war which ousted Moammar Gadhafi.

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Retail gasoline prices jump 8 cents across Texas

IRVING, Texas (AP) — Retail gasoline prices have jumped 8 cents this week across Texas.

AAA Texas on Thursday reported the average price per gallon has reached $3.34.

Gasoline prices are up 3 cents nationally, reaching an average $3.53 per gallon.

The association survey found San Antonio has the cheapest gasoline statewide at $3.24 per gallon.

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Crack in pipeline leaked oil in Ohio preserve

CINCINNATI (AP) — Officials say a 4-inch pipeline crack caused more than 10,000 gallons of crude oil to leak into a southwestern Ohio nature preserve.

Sunoco Logistics Partners is the primary owner of the pipeline that leaked at the Oak Glen Nature Preserve west of Cincinnati.

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Oil slips as Crimea tensions ease, dollar rises

The price of oil slipped back slightly on Thursday as concerns waned over the Ukrainian crisis and the economic slowdown in emerging markets.

By early afternoon in Europe, benchmark U.S. crude for April delivery was down 35 cents to $100.02 a barrel in electronic trading on the New York Mercantile Exchange.

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Maine gov bashes solar, urges lower energy costs

HALLOWELL, Maine (AP) — Maine Gov. Paul LePage says environmental groups' push to pick energy "winners and losers" is getting in the way of the state's ability to lower electricity costs.

The Republican governor's remarks came Thursday at the Energy and Technology Council of Maine's forum on regional energy infrastructure issues.

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Oil up to near $100 ahead of US stockpiles report

The price of oil edged up to near $100 a barrel Wednesday as energy investors waited for the latest figures on U.S. crude and fuel stockpiles.

By early afternoon in Europe, benchmark U.S. crude for April delivery was up 25 cents at $99.95 a barrel in electronic trading on the New York Mercantile Exchange.

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Tax cuts for oil drilling pass Michigan Senate

LANSING, Mich. (AP) — A tax cut for a specific method of oil drilling has passed the Senate.

The House bill that passed 25-13 Wednesday would lower the severance tax for drilling projects involving carbon dioxide.

The technique involves using carbon dioxide to push oil from wells that otherwise is unrecoverable.

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Hoeven, Doer push for Keystone XL oil pipeline

BISMARCK, N.D. (AP) — North Dakota Sen. John Hoeven and Canada's ambassador to the United States are continuing their push for quick approval of the Keystone XL oil pipeline.

Hoeven and Canadian Ambassador Gary Doer (DOO'-ur) met with North Dakota trade representatives Wednesday in Bismarck.

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An Ideal Way to Go About Managing & Growing Technical Talent – Part 2

In our last issue, we discussed the background of talent management, and left you with the question: “How do companies successfully organize the talent management process for stakeholder employees to concentrate on those improvements when they are so busy with their projects and maintaining operations?” Companies should work with their employees to relate human capital plans to improving work practices, standards, and reliability.

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Crews working around clock after oil leak in Ohio

CINCINNATI (AP) — Scores of workers have worked through the night cleaning up oil and building barriers to prevent its spread in a southwest Ohio nature preserve.

Authorities aren't sure how rain falling Wednesday morning will impact efforts that began after a pipeline leak was confirmed early Tuesday.

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Pipeline leaks thousands of gallons of oil in Ohio

CINCINNATI (AP) — A cleanup effort is underway in a southwest Ohio nature preserve where thousands of gallons of crude oil leaked from an interstate pipeline.

Federal and state environmental officials and local authorities and an environmental cleanup contractor were on the scene Tuesday after the leak in the Oak Glen Nature Preserve.

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Gas pipeline limits boosting electricity price

HOLYOKE, Mass. (AP) — New England's electric grid operator says a lack of pipelines is making natural gas costlier, pushing up wholesale electricity prices in the region by 55 percent last year.

ISO-New England said Tuesday that the average price of wholesale electric energy rose to $56.06 per megawatt hour, up from a historic low of $36.09 in 2012.

Natural gas is the predominant fuel used to generate the region's electricity, amounting to about 46 percent of generation in 2013.

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Ohio groups seek federal coal review

COLUMBUS, Ohio (AP) — Two Ohio environmental groups will ask federal regulators Monday to investigate circumstances surrounding expired pollution-discharge permits at an agency where allegations of coal-industry influence arose during a personnel flap last year.

The Sierra Club and Ohio Environmental Council planned to put the request in a letter to the U.S. Environmental Protection Agency.

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Oil, gas regulators say next flood could be worse

DENVER (AP) — State regulators say the 92,000 gallons of oil and polluted water that spilled during last fall's catastrophic Colorado flood has washed away without a trace, but future floods could be more damaging.

A report released Monday by the Colorado Oil and Gas Conservation Commission said the commission will consider a series of new regulations designed to minimize the effects of floods and wildfires on oil and gas wells and tanks.

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Rock Oil Holdings receives $250M commitment

Rock Oil Holdings LLC, a newly formed oil and gas company, reports an equity commitment of up to $250 million from funds managed by energy private equity firm Riverstone Holdings LLC and additional amounts from the company's management team.

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Oil prices edge up ahead of Crimea secession vote

The price of oil rose Friday on concerns that tensions could rise in the Russia-Ukraine situation with this weekend's referendum on Crimean secession.

But oil still finished the week down more than 3 percent, largely because traders are concerned about the strength of demand from China.

Benchmark U.S. crude for April delivery rose 69 cents to close at $98.89 a barrel on the New York Mercantile Exchange.

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High winds produce scattered Ohio power outages

COLUMBUS, Ohio (AP) — Strong winds are causing power outages in parts of the state including more than 6,000 customers without electricity in southwest Ohio.

Mansfield recorded a gust of wind topping 50 mph Friday afternoon, while a 64-foot brick smokestack was toppled on the campus of Otterbein University in central Ohio.

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Vt. Senate backs bill to expand home-grown energy

MONTPELIER, Vt. (AP) — The Vermont Senate has voted to support a House-passed bill that would nearly quadruple the amount of power utilities could buy from customers with solar or other renewable energy systems.

Vermont caps the amount of power utilities can take through what's called net metering.

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18 coal permits expired at Ohio EPA

COLUMBUS, Ohio (AP) — Eighteen coal facilities in Ohio are operating with expired pollution-discharge permits under an agency where allegations of coal-industry influence arose during a personnel flap last year, an Associated Press review has found.

Ohio Environmental Protection Agency records show 13 of the 18 have expired since Republican Gov.

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Officials: Cache of illegal oil field waste found

BISMARCK, N.D. (AP) — Officials in North Dakota are reporting what may be the state's biggest incident of illegal dumping of radioactive oil filter socks, the nets that strain liquids during the oil production process.

State Waste Management Director Scott Radig said hundreds of the tubular filters were discovered last week in an abandoned building in Noonan, a town of about 200 people in northwestern North Dakota.

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US rig count up 23 to 1,792

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 23 this week to 1,792.

The Houston firm said in its weekly report Friday that 1,443 rigs were exploring for oil and 345 for gas.

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Oil in Canada concerns Maine environmentalists

PORTLAND, Maine (AP) — Environmental groups say a decision by the Canadian National Energy Board shows how a crude oil pipeline could be repurposed to export large amounts of oil through the Maine city of South Portland.

The Canadian board on Thursday approved a plan to reverse the flow of a pipeline that would allow for Western Canadian oil to be transported to Eastern Canada.

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Nation's pipeline industry piping hot

By Adam Wilmoth, Energy Editor

The booming oil and natural gas industry has left pipeline and other midstream operators struggling to catch up.

The combination of horizontal drilling with hydraulic fracturing, or fracking, has allowed companies to produce massive amounts of oil and natural gas from parts of the county like North Dakota, which had seen little drilling activity in the past, and from beneath some of the country’s oldest and richest oil fields.

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