| Jul 31, 2014
| 12:02 PM
Norfolk Southern Corp. reported record profit of $562 million, a 21 percent increase, in the second quarter. The RailJournal.com reports that hydraulic fracturing, or fracking, is helping boost the railroad company's revenue.
Revenue increased 9 percent...
| Jul 23, 2014
| 7:00 AM
In 1932, a 44-year-old oil company employee walked out of the Bank of Italy building at the corner of Olive and 7th streets in Los Angeles for the last time. Raymond Chandler had just been fired from his job for the Dabney Oil Company. It seemed he...
| Jul 22, 2014
| 6:55 PM
Using powerful sonic blasts to search for offshore energy resources in ocean waters off Virginia and surrounding states has won formal approval from the Bureau of Ocean Energy Management.
The decision means BOEM can begin granting permits to...
| Jul 14, 2014
As many as 40 crude oil trains, each carrying a million or more gallons of the flammable liquid involved in several recent fiery derailments, roll through the Chicago area weekly, documents obtained by the Tribune show.
Although mile-long trains hauling...
| Jul 16, 2014
| 12:52 PM
Kudos to the Chicago Tribune for the investigative feature story about the number of Bakken crude oil trains running through our region on a weekly basis ("40 crude oil trains a week; Documents show rolling pipelines of flammable liquid often traverse...
| Jul 16, 2014
| 6:29 PM
Frank and Wanda Leppell once lived on a quiet cattle ranch in the middle of a rolling prairie, the lowing of cattle and the chirping of sparrows forming a pleasant soundtrack to their mornings. No more.
Not since the pasture they began leasing in 2009...
| Jul 22, 2014
| 5:00 PM
The decision by a small coastal city in Maine to ban the export of crude oil from its harbor brought threats of lawsuits from the oil industry Tuesday and put South Portland on the front lines of a battle over development of Canada’s huge and...
| Jul 5, 2014
| 12:09 PM
With apologies to Charles Dickens, it was the best of times (for Texas and Oklahoma gas industry aristocrats), it was the worst of times (for the Pennsylvania rabble suffering from the exploitation and destruction of their environment).
In a tale of two...
| Jul 7, 2014
| 5:37 PM
A year after rail tanker cars carrying crude oil in Canada exploded and killed 47 people, California is stepping up efforts to prevent a similar disaster on tracks crisscrossing the state.
In recent weeks, the state began pumping more money into a new...
| Jul 8, 2014
| 2:51 AM
One man died, more than 500,000 people were urged to evacuate and hundreds of flights were canceled in Japan as a strong typhoon brought torrential rain and high winds to its southwestern islands and could bring heavy rain to Tokyo later this week....
| Jul 9, 2014
| 4:37 PM
When Brazil's state-run oil company raked in $70 billion in a 2010 public offering, leaders here called it evidence of the nation's rising economic power.
"It wasn't in Frankfurt. It wasn't in London. It wasn't in New York. It was here in São Paulo,"...