User: irge304 Topic: Energy Extraction
Category: Oil Exploration
Last updated: Jul 23 2016 08:15 IST RSS 2.0
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Analysis: South China Sea ruling has so far fueled tensions 23.7.2016 AP Top News
It's a ruling that China cannot accept, and one that the Philippines must....
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Ecuador pays Chevron $112 arbitration award 23.7.2016 Seattle Times: Business & Technology

QUITO, Ecuador (AP) — Ecuador has paid a $112 million arbitration award to Chevron Corp stemming from a 1990s-era oil contract dispute. The payment confirmed Friday by a company spokesman was ordered in 2011 by a Netherland-based international arbitration panel and later confirmed by U.S. courts and upheld on appeal by the Supreme Court. President […]
US rig count up 15 this week to 462 23.7.2016 Seattle Times: Top stories

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 462. A year ago, 876 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 371 rigs sought oil and […]
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Fossil Fuel Industry Finds a New Way to Stymie Protests 22.7.2016 Wired Top Stories
Fossil Fuel Industry Finds a New Way to Stymie Protests
When lease sales for offshore oil and gas drilling are held online, environmental protesters won't have a place to protest. The post Fossil Fuel Industry Finds a New Way to Stymie Protests appeared first on WIRED.
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La Plata Electric Association considers methane-capture project 22.7.2016 Durango Herald
Amid a federal push to reduce greenhouse gas emissions, La Plata Electric Association is exploring a project with a private oil and gas production company that would put methane waste to use.Methane emissions would be captured from about 40 wells in southwestern La Plata County, owned by Williford Resources. The project would help the...
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The GOP platform would make America warmer and smoggier 21.7.2016 LA Times: Commentary

Extract and burn more coal. Open public space and the seas to oil exploration. Turn federal lands and environmental regulation over to the states and convert the federal Environmental Protection Agency into “an independent bipartisan commission, similar to the Nuclear Regulatory Commission, with...

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Why Environmentalists Aren’t Sold on One of Clinton’s VP Finalists 21.7.2016 Mother Jones
This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. Virginia Sen. Tim Kaine, one of Hillary Clinton's potential  picks for vice president, appears to have an uncanny ability to appease special interests across party divides. Kaine is no Elizabeth Warren on the environment, but he's no Jim Webb  either, getting good reviews from surprising quarters.  As Politico reports , he opposed the Keystone XL pipeline, protected 400,000 acres of land from development as governor of Virginia, supports the Clean Power Plan, and has worked to make coastal communities prepare for climate change and sea-level rise. The League of Conservation Voters has given him a lifetime score of 91 percent . Kaine, however, has also supported offshore drilling in the Atlantic—contradicting Clinton's position—and supported a bill to fast-track the construction of natural gas terminals. Even fossil fuel interests have taken a liking to him. "We're encouraged by the reasonable ...
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Bay Area county bans nonexistent fracking 21.7.2016 SFGate: Business & Technology
The Alameda County Board of Supervisors voted Tuesday to ban the controversial oil and gas extraction technique, which has touched off fierce political fights across the state and country. [...] yet, the company that operates Alameda County’s only active oil field, just east of Livermore, does not use fracking, according to the company and a website that tracks fracked wells nationwide. [...] county residents concerned that hydraulic fracturing could taint ground water pushed for a ban anyway. With Gov. Jerry Brown opposed to a statewide moratorium or ban, environmentalists have focused their efforts on individual counties, winning bans in five so far. The vast majority of hydraulic fracturing in California, however, takes place in Kern County, the center of the state’s oil industry. Fracking employs a pressurized mix of water, sand and chemicals to crack underground rocks, allowing oil or natural gas to flow to the surface. The ban adopted by the Board of Supervisors blocks the use of acid for ...
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AB InBev said to win U.S. antitrust approval for SABMiller 20.7.2016 Chicago Tribune: Business
Anheuser-Busch InBev won U.S. antitrust approval for its takeover of SABMiller, after the maker of Budweiser agreed to give up ownership of the Miller brand, people familar with the matter said. The Justice Department's antitrust division is expected to announce a settlement agreement later ...
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Growth, natural gas industry decline fuels county’s financial woes 20.7.2016 Durango Herald
La Plata County residents want to know how the local government is cutting waste, capitalizing on staff time and finding alternative revenue sources as officials plan the 2017 budget.A Tuesday evening public meeting drew a small group of about 10 who provided input on next year’s budget. They received a breakdown of the...
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Mexico to auction 15 shallow exploration blocks in Gulf 20.7.2016 Washington Post: World
The Mexican government has announced plans for an auction of exploration and shared-production rights on 15 blocks of potential oil fields in the shallow waters of the Gulf of Mexico.
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Why oil billionaire Harold Hamm is wrong about a 'Trump rally' in the markets 19.7.2016 Washington Post
Why oil billionaire Harold Hamm is wrong about a 'Trump rally' in the markets
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Business Highlights 19.7.2016 Seattle Times: Top stories

___ Netflix facing tougher times as subscriber growth slows SAN FRANCISCO (AP) — Netflix is running into trouble as the internet video service wrestles with slowing U.S. subscriber growth and an ambitious international expansion amid stiffening competition. The challenge came into sharper focus Monday with the release of Netflix’s second-quarter earnings. Most Read StoriesMiserable in […]
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Fracking may worsen asthma for nearby residents, study says 18.7.2016 Seattle Times: Business & Technology

CHICAGO (AP) — Fracking may worsen asthma in children and adults who live near sites where the oil and gas drilling method is used, according to an 8-year study in Pennsylvania. The study found that asthma treatments were as much as four times more common in patients living closer to areas with more or bigger […]
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The Trump Files: When Donald Struck Oil on the Upper West Side 18.7.2016 Mother Jones
Until the election, we're bringing you "The Trump Files," a daily dose of telling episodes, strange-but-true stories, or curious scenes from the life of presumptive GOP nominee Donald Trump. Donald Trump, oil tycoon? That's what it sounded like in 1985, when Trump announced he had struck oil on a sprawling vacant lot he owned on Manhattan's Upper West Side. ''Isn't it amazing?'' Mr. Trump told the New York Times. "It's a classic major oil find in Manhattan." Not quite. The oil wasn't from an ancient crude deposit hiding beneath the city. It was actually spilled and leaked leftovers. The property used to be a rail yard. "The bulk of the find is No. 2 diesel oil for locomotives," the Times pointed out. New York environmental officials estimated there were perhaps 100,000 gallons of oil on the property. That's enough for 2,380 barrels—about .0003 percent of what the United States now produces in a day . But that didn't seem to dampen Donald's enthusiasm. He claimed he was already getting calls from Texan ...
China announces South China Sea military exercises 18.7.2016 Washington Post: World
China says it is closing off a part of the South China Sea for military exercises this week, days after the Hague-based Permanent Court of Arbitration ruled against Beijing’s claim to ownership of virtually the entire strategic waterway.
China announces South China Sea military exercises 18.7.2016 Seattle Times: Nation & World

BEIJING (AP) — China says it is closing off a part of the South China Sea for military exercises this week, days after the Hague-based Permanent Court of Arbitration ruled against Beijing’s claim to ownership of virtually the entire strategic waterway. The maritime administration of Hainan province said Monday that an area southeast of the […]
State regulators approve drilling in Battlement Mesa 17.7.2016 Durango Herald
GLENWOOD SPRINGS – State regulators have given their approval to a company’s application to drill in the Battlement Mesa residential development.The Colorado Oil and Gas Conservation Commission approved a proposal by Ursa Resources to drill 28 wells on one pad in the community that houses several thousand people in western...
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A Texas oil town goes bust. Would housing immigrants for the feds solve its problems? 16.7.2016 LA Times: Nation

The derricks along Highway 44 were still this month after the price of oil tanked and two dozen oilfield companies vanished. The booming tax base that buoyed the town of Alice evaporated, unemployment surged above 10% and county government cut 21 jobs, with more layoffs on the horizon.

Then an...

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After asteroid hit, a giant cloud of smoke led to dinosaurs' demise, study says 16.7.2016 LA Times: Commentary

It is widely acknowledged that the dinosaurs were obliterated by the massive Chicxulub asteroid smashing into Earth around 66 million years ago — yet the exact details of what caused the extinction have remained a mystery.

Now scientists have a new theory about how that catastrophe caused the demise...

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