US Interior Sec. Ken Salazar hailed the collaboration that made an agreement possible as he signed the record of decision authorizing Anadarko Petroleum Corp.'s Greater Natural Buttes natural gas project in eastern Utah.

Oklahoma City independent Chesapeake Energy Corp. is confident it will complete assets sales to help resolve financial concerns, its chief executive officer told analysts and investors during a conference call in which he also outlined a new $3 billion loan.

The American Petroleum Institute announced it will try to make more access to federally controlled energy resources, commonsense regulations, quicker permit decisions, and market-based renewable and alternative energy research and development provisions in the 2012 Democratic and Republican party platforms.

Polarization of US politics distorts conversation about regulation. The oil and gas industry has witnessed too often the default assertion that one side supports regulation while the other opposes it. This is absurd. Regulation exists.

Chesapeake Energy Corp. said its board will name an independent, nonexecutive chairman, as well as renegotiate the terms of the company's Founder Well Participation Program (FWPP) with Chairman and Chief Executive Officer Aubrey K. McClendon.

The US Commodity Futures Trading Commission's latest definition of a swap dealer is an improvement on its original proposal because it recognizes the difference between a dealer and trader, officials from the Natural Gas Supply Association and the Independent Petroleum Association of America separately said.

Turnarounds—also known as planned outages or shutdowns—are major events for refineries and other petrochemical facilities.