Jan 25 (Reuters) - Chesapeake Energy Corp (CHK.O) said on Tuesday it will buy privately held oil and gas producer Chief E&D Holdings LP for about $2.5 billion expanding its position in the gas-rich shale plays of the U.S. northeast. The acquisition by Chesapeake, a U.S.

Well, that didn't take long. Only a month ago, the Virginia State Water Control Board handed Mountain Valley Pipeline a major victory on a 3-2 vote, granting the wildly controversial project a crucial permit for crossing streams and wetlands. A step forward, a step back.

The largest U.S. shale basin's output will surge to a record in February, according to a monthly forecast from the U.S. Energy Information Administration (EIA) on Tuesday. The largest U.S. crude basin, the Permian basin of Texas and New Mexico, is expected to have an output increase of 80,000 barrels per day (bpd) to 5.076 million bpd, the EIA said.

The Kingdom of Tonga doesn't often attract global attention, but a violent eruption of an underwater volcano on January 15 has spread shock waves, quite literally, around half the world. High-resolution Himawari satellite imagery of the #HungaTongaHungaHaapai volcanic eruption in Tonga 🌋 Our climate stations recorded a brief spike in air pressure as the atmospheric shock wave pulsed across New Zealand.

WASHINGTON - Regions of the U.S. are pockmarked with long-abandoned oil and gas wells, some emitting potentially hazardous pollutants, and a...