TransCanada: 'Multiple bids' for Alaska gas line
(AP)
AP - TransCanada Corp. has received multiple bids from "major industry players and others" that want to use its proposed pipeline to transport natural gas from Alaska's North Slope to market, a company official said Friday.
Enbridge says no restart date for ruptured line
(Reuters)
Reuters - Enbridge Inc's chief executive said on Friday he was unable to say when the company would be able to restart the Michigan pipeline that ruptured earlier this week, spilling more than 800,000 gallons of oil.
Signs of oil spill recovery entering new phase
(AP)
AP - BP's new boss says it's time for a "scaleback" in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen.
Gov: 'Significant progress' in Mich. oil cleanup
(AP)
AP - Michigan Gov. Jennifer Granholm says there has been "significant progress" in cleaning up an oil spill in the Kalamazoo River.
Group sues over Wyoming-to-Oregon gas pipeline
(AP)
AP - An environmental group that wants to block construction of a $3 billion gas pipeline from Wyoming to Oregon filed a lawsuit Friday, saying the pipeline will cut across pristine land and harm endangered fish.
Movement in Western oil-gas lease backlog in Wyo.
(AP)
AP - A more than 2-year-old backlog of federal oil and gas leases in Wyoming began breaking loose Friday as the U.S. Bureau of Land Management announced it finally will issue 145 leases sold in June 2008.
House approves bill on drilling, oil spills
(AP)
AP - The House approved a bill Friday to boost safety standards for offshore drilling, remove a federal cap on economic liability for oil spills and impose new fees on oil and gas production.
House approves oil spill reform bill
(Reuters)
Reuters - The House of Representatives on Friday approved the toughest reforms ever to offshore energy drilling practices, as Democrats narrowly pushed through an election-year response to BP's massive oil spill in the Gulf of Mexico.
US House passes oil spill response bills
(AFP)
AFP - The US House of Representatives on Friday voted to overhaul offshore drilling safety rules and to protect whistleblowing workers in a sweeping response to the disastrous Gulf of Mexico oil spill.
House votes to end offshore drilling moratorium
(Reuters)
Reuters - The House of Representatives on Friday voted to end the federal moratorium on deepwater drilling for oil companies that meet new federal safety requirements.
Open season for Alaska gas pipeline closes Friday
(AP)
AP - Alaskans should know by the end of Friday whether natural gas producers have any interest in building a major pipeline in the state. But few other details will likely be released when TransCanada Corp. officially ends its 90-day process of seeking shipping commitments for its proposed line.
Time to scrap BP brand? Gas-station owners divided
(AP)
AP - BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of efforts to repair the company's badly damaged reputation.
Chevron 2Q income triples on higher energy prices
(AP)
AP - Chevron's second-quarter earnings tripled on better refining margins and higher prices for oil and natural gas, the company said Friday.
Oil prices settle near $79
(AP)
AP - Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money.
Motorists can expect fairly steady pump prices
(AP)
AP - Motorists heading out on vacation in the next month should expect gasoline prices to remain fairly constant, give or take a few cents.
Ex-Homeland Security boss joins gas drilling group
(AP)
AP - The nation's first Department of Homeland Security secretary has agreed to serve as strategic adviser to an industry group led by companies drilling for natural gas from the Marcellus Shale formation.
US rig count increases by 1
(AP)
AP - The number of rigs actively exploring for oil and natural gas in the U.S. increased by one this week to 1,586.
Correction: Michigan River-Oil Spill story
(AP)
AP - In stories July 28 and July 29 about an oil spill on the Kalamazoo River, The Associated Press reported erroneously how deep the oil would be if put in a walled-in football field. The roughly 800,000 gallons of oil would fill a walled-in football field, including the end zones, with just under 2 feet of oil, not 14 feet.
La. foundation will administer oil workers fund
(AP)
AP - BP is giving a Louisiana charity $100 million to hand out to oil rig workers struggling because of the federal moratorium on new deepwater drilling in the Gulf of Mexico, the company said Friday.
US expert: China oil spill far bigger than stated
(AP)
AP - China's worst known oil spill is dozens of times larger than the government has reported — bigger than the famous Exxon Valdez spill two decades ago — and some of the oil was dumped deliberately to avoid further disaster, an American expert said Friday.
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