The U.S. Senate Tuesday rejected an attempt to expand offshore oil and gas drilling to allow the states to generate revenue.
The Republican-backed proposal would have allowed states to drill off their coasts and share revenues with the federal government, the (Newport News, Va.) Daily Press reported.
The amendment would have amended a federal ban prohibiting offshore [...]

Rancher Energy Corp., announced the appointment of CO2 industry veteran Mr. Mark Worthey as a new member of Rancher Energy’s Board of Directors.
Mr. Worthey was a founding officer of Denbury Resources Inc. since his employment there in 1992, some 14 years ago. In 2006 Mr. Worthey retired from Denbury Resources as Senior Vice President - [...]

Southwestern Electric Power Co. said that a coal-fueled, 600-megawatt power plant will be built on a site near Fulton in southwest Arkansas.
The $1.3 billion plant announced Wednesday by SWEPCO is part of a plan that includes gas-powered plants at Tontitown in northwestern Arkansas and at Shreveport, La. The plant near Fulton, in Hempstead County, would [...]