The Interior Department announced today it is taking a significant step toward opening federal waters in Alaska’s Cook Inlet for the first time to offshore oil and gas drilling, with the agency saying it will conduct an environmental review of a…

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Oil and gas drillers continue to use petroleum-based products in fracking fluids that contain high concentrations of toxic chemicals such as benzene, ethylbenzene and xylene that do not fall under disclosure requirements or federal protections under the Safe…

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Cleco Corp., a small Louisiana utility long seen as a likely takeover target, announced Monday it is being acquired by an investor group led by Macquarie Group Ltd. of Australia in a $4.7 billion deal carefully crafted to address concerns by state regulators…

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Reflecting the recent fall of oil and natural gas prices, Standard Poor’s Tuesday dramatically lowered its price forecasts for gas and the benchmark Brent and West Texas Intermediate crude oils through 2017 due to an outlook for continuing high…

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Tallgrass Development LP and AGL Resources Inc. launched an open season Tuesday to gauge interest in their proposed Prairie State Pipeline, which could ship up to 1.5 billion cubic feet per day of natural gas produced in the Marcellus, Utica and other…

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Two years after the initial announcement of the project, NET Power LLC said Wednesday it has reached agreements with Exelon Generation, CBI, and Toshiba Corp. to proceed with construction of a 50 megawatt demonstration plant in Texas to validate a new…

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In surprising findings that challenge the conventional wisdom that surging use of natural gas will help in combatting climate change, a groundbreaking analysis concludes a global abundance of low-cost gas will not slow the growth of greenhouse gas emissions…

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While saying they found no evidence of widespread market manipulation in connection with the huge natural gas and electricity price spikes during the “polar vortex” last winter, Federal Energy Regulatory Commission investigators revealed Thursday…

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In a move that gave an immediate boost to both its stock price and credit rating, Chesapeake Energy Corp. announced Thursday that it will sell 413,000 acres in the southern Marcellus and Utica Shale regions to Southwestern Energy Co. for $5.38 billion in its…

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Futures prices for natural gas and electricity delivery into New England and much of the Mid-Atlantic region this winter are nearly double what they were in October 2013 despite forecasts of a milder winter, reflecting continuing lack of pipeline capacity and…

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