RSSCategory: Energy

Husky’s Rush Lake heavy oil project ready ahead of schedule

May 21, 2015 | By | Reply More
Husky’s Rush Lake heavy oil project ready ahead of schedule

Rush Lake heavy oil project designed to produce up to 10,000 barrels per day Husky Energy (TSX:HSE) says that its Rush Lake heavy oil project in Saskatchewan has begun commercial operations eight weeks ahead of schedule. The project is designed to produce up to 10,000 barrels per day using a steam-assisted process to extract the […]

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California oil spill: Governor declares state of emergency

May 21, 2015 | By | Reply More
California oil spill: Governor declares state of emergency

7,700 of 105,00 gallons of leaked oil in California oil spill recovered More than 7,700 gallons of oil has been raked, skimmed and vacuumed from a spill that stretched across 9 miles of California coast, just a fraction of the sticky, stinking goo that escaped from a broken pipeline, officials said. Up to 105,000 gallons […]

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Guyana oil discovery significant: Exxon

May 21, 2015 | By | Reply More
Guyana oil discovery significant: Exxon

Guyana oil discovered in waters also claimed by Venezuela Exxon Mobil Corp. confirmed Wednesday that it has made what it calls a “significant” oil discovery off Guyana in waters also claimed by Venezuela as part of a long-running border dispute between the South American countries. The company and Guyana’s government had said May 7 that […]

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Judge temporarily orders halt of North Carolina fracking units approval

May 20, 2015 | By | Reply More
Judge temporarily orders halt of North Carolina fracking units approval

North Carolina fracking lawsuit hinges on the question of the legality of several boards A judge has halted the approval of fracking operations in North Carolina until a higher court weighs in on the legality of the appointment of several boards that manage state resources and the environment. Wake County Superior Court Judge Donald W. Stephens’ […]

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Cheaper oil shrinks US economy as oil industry cuts back

May 20, 2015 | By | Reply More
Cheaper oil shrinks US economy as oil industry cuts back

Cheaper oil did not boost US economy as economists had predicted If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. It hasn’t worked out that way. The economy is thought to have shrunk in the January-March quarter and […]

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BC, Petronas sign $36 B deal toward LNG project in province’s northwest

May 20, 2015 | By | Reply More
BC, Petronas sign $36 B deal toward LNG project in province’s northwest

Petronas memorandum of understanding not final decision Plans to build a $36-billion liquefied natural gas export facility on British Columbia’s northwest coast moved forward Wednesday, although there’s no green light yet signalling the project’s official start. The B.C. government and Malaysian energy giant Petronas signed a memorandum of understanding that could lead to a project-development […]

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Clean up of California oil spill near Santa Barbara continues

May 20, 2015 | By | Reply More
Clean up of California oil spill near Santa Barbara continues

Areas affected by California oil spill may not open by Memorial Day weekend An oil spill that fouled beaches and threatened wildlife along a scenic stretch of the California coast spread across 9 miles of ocean Wednesday as cleanup efforts began and federal regulators investigated how the pipeline leaked. Workers in protective suits raked and shovelled […]

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Oregon pay per mile plan tested as gas tax revenues dwindle

May 20, 2015 | By | Reply More
Oregon pay per mile plan tested as gas tax revenues dwindle

Oregon pay per mile funds used to fund infrastructure Oregon is about to embark on a first-in-the-nation program that aims to charge car owners not for the fuel they use, but for the miles they drive. The program is meant to help the state raise more revenue to pay for road and bridge projects at a time […]

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Texas bans anti fracking bans

May 19, 2015 | By | Reply More
Texas bans anti fracking bans

Anti fracking bans protect property rights according to governor Republican Texas Gov. Greg Abbott has signed into law a prohibition on cities and towns imposing local ordinances preventing fracking and other potentially environmentally harmful oil and natural gas activities. The much-watched anti fracking bans measure sailed through the GOP-controlled Legislature after voters in Denton, a […]

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Shell says Arctic drill rig work continues despite protests

May 19, 2015 | By | Reply More
Shell says Arctic drill rig work continues despite protests

City of Seattle, environmentalists try to halt staging of Arctic drill rig Neither a protest by hundreds of demonstrators nor a permit violation notice from the city will halt Royal Dutch Shell’s use of a Seattle seaport terminal as it prepares for exploratory oil drilling in the Arctic Ocean, spokesmen say. The violation notice issued […]

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