User: irge304 Topic: Energy Extraction
Category: Oil Exploration
Last updated: Mar 31 2015 02:39 IST RSS 2.0
 
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Midwest Town Braces For More Steel Layoffs 26.3.2015 NPR News
U.S. Steel is shutting down its Granite City Works in southern Illinois. The plant makes flat-rolled steel for oil companies, which have been hit by lower oil prices.
In vast swaths of rural New South Wales, there's only one election issue: coal seam gas 26.3.2015 The Guardian -- World Latest

CSG is a big vote swinger in the country, with many communities declaring themselves ‘gasfield free’. This is not just about the environment, writes our reporter: it’s also about people wanting to be heard

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Schlumberger to pay $232 million in sanctions violation case 26.3.2015 LA Times: Business
The world's largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations.
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Low oil prices spur North Dakota drill rig count to drop below 100 for first time in 5 years 26.3.2015 Star Tribune: Business
Will Norway divest from giant Indian firm because of the Amazon? 26.3.2015 Guardian: Environment

Yet another recommendation to blacklist Reliance Industries could be made following developments in oil operations in Peru

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Schlumberger Ltd. to pay $232M in sanctions violations case 26.3.2015 AP Politics
WASHINGTON (AP) -- The world's largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations, the Justice Department announced Wednesday....
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IS releases 2 Bangladeshi citizens captured in Libya 26.3.2015 New Kerala: World News
Read Full story of 'IS releases 2 Bangladeshi citizens captured in Libya' at newkerala.com.
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Schlumberger Ltd. to pay $232M in sanctions violations case 26.3.2015 LA Times: Top News
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Schlumberger Unit Admits Sanctions Violations 26.3.2015 Wall St. Journal: US Business
Oil-services giant Schlumberger has agreed to pay $232.7 million for violating U.S. sanctions in Iran and Sudan, ending a six-year Justice Department investigation.
IS releases Bangladeshi hostages 26.3.2015 Hindu: News
The two Bangladeshi migrant workers taken hostage along with a group, allegedly by the IS terrorists from a Libyan oilfield, were released on Tuesday. Bangladesh Foreign Office said they were take...
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North Dakota curbs wasteful flares of oil drilling gas 26.3.2015 New Scientist: Living World
Oil companies are burning money by flaring off the gas produced in oil extraction. North Dakota, one of the worst offending states, is cleaning up its ...
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Islamic State releases Bangladeshi hostages in Libya 25.3.2015 Hindu: International
Two Bangladeshi citizens, among a group of foreign workers taken hostage by the Islamic State militant group in an attack on a Libyan oilfield, have been released after more than two weeks, the Fo...
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China's Cnooc Shuts Nexen Oil Trading Business 25.3.2015 Wall St. Journal: Asia
China National Offshore Oil Corp. has shut down its business trading crude oil in North America for other energy producers, according to the chief executive of the Alberta Petroleum Marketing Commission.
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Oil price fall forces North Dakota to consider a dose of financial austerity 25.3.2015 Star Tribune: Business
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Falkland Islands will always be defended by UK, says David Cameron 24.3.2015 The Guardian -- Front Page

PM responds to growing unease over Argentina’s reported acquisition of military planes, as defence secretary pledges helicopters to island force

David Cameron has said that Britain will always defend the Falkland Islands, amid growing concern of an increased threat from Argentina.

As the prime minister made his assurance, Michael Fallon, the defence secretary, announced thattwo Chinook helicopters are to be deployed in the middle of next year, which would be mount a “swift and decisive response” to any “emerging incidents”.

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Terminal 5 Shell lease is not the right arena to debate climate change 24.3.2015 Seattle Times: Top stories
Scuttling Port of Seattle leases to service Shell oil rigs won’t stop Arctic drilling, but it would send a damaging message to the maritime industry.
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North Sea oilfields deals back on stream 24.3.2015 Financial Times: Energy
Bankers believe there are buyers for a number of assets that are being put up for sale
Behind the world's most famous photograph 23.3.2015 CNN: Top Stories
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New technology, lower costs needed to keep US oil boom alive amid OPEC threat, lower prices 23.3.2015 Star Tribune: Nation
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US drillers scrambling to thwart OPEC threat 23.3.2015 AP Business
NEW YORK (AP) -- OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry....
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