Hot News category

Hot news about energy include crude oil, gas and oil exploration also trading, market, data, chart, investment and prices of oil, natural gas, petroleum, energy from category hot news.

Oil Prices Surge USD 112 per barrel as Dollar Jitters from Major Oil Suppliers

Friday, April 8th, 2011

Prices oil surged above $112 per barrel Friday following a drop in the dollar and continued jitters about shipments from the world’s major oil suppliers. Benchmark West Texas Intermediate crude oil for May delivery jumped $2.49, or 2.3 percent, to settle at $112.79 per barrel on the New York Mercantile Exchange. Crude oil set new [...]

Columbia Gas Bill Fall for three month

Friday, April 1st, 2011

Columbia Gas Co. of Pennsylvania’s average residential customers will get a 7 percent drop in monthly bills beginning today, while EQT Corp. is keeping the gas rate the same. Peoples Gas Co. customers will get a 1 percent increase in their natural gas bills. Customers of the region’s three natural gas utilities can expect little [...]

Deepwater Oil and Gas Exploration Approved Since Macando Oil Well Blowout

Friday, March 25th, 2011

Deepwater oil and gas exploration plan since last year’s Macondo oil well blowout, giving Shell Offshore the green light to seek drilling permits for three new wells 130 miles off the Louisiana coast. The announcement by Interior Secretary Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael Bromwich won praise from [...]