RSSCategory: Energy

Texas to Mexico pipeline funding secured

March 27, 2015 | By | Reply More
Texas to Mexico pipeline funding secured

BlackRock, First Reserve invest $900M in Texas to Mexico pipeline  Mexico’s state-owned petroleum company Pemex has signed an agreement giving two investment funds a 45 per cent stake in a Texas to Mexico natural gas pipeline in exchange for $900 million. The Los Ramones pipeline will transport natural gas from Texas to Mexico and is […]

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US Arctic drilling: DOE advisory council pushes for exploration

March 27, 2015 | By | Reply More
US Arctic drilling: DOE advisory council pushes for exploration

US Arctic drilling concerns include fragile environment, recent mishaps The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study to be released Friday. The U.S. […]

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Northeastern BC oil and gas industry has low impact on health: Report

March 27, 2015 | By | Reply More
Northeastern BC oil and gas industry has low impact on health: Report

Some recommendations for northern BC oil and gas industry in report Health risks associated with the northeastern BC oil and gas industry are low, according to a newly released report from the provincial Health Ministry. Health Minister Terry Lake said Thursday the report concludes that existing regulations protect public health. But it also makes 14 […]

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Oil prices up: Air strikes in Yemen lead supply disruption fears

March 26, 2015 | By | Reply More
Oil prices up: Air strikes in Yemen lead supply disruption fears

Oil prices up 5 per cent Oil prices rose sharply on Thursday as mounting tensions in Yemen got traders worried that the flow of crude from the Persian Gulf region could be disrupted. Saudi Arabia and other Gulf states launched strikes on key military installations in Yemen. They aim to oust Shiite rebels who forced […]

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Northern Gateway: Rights group presses watchdog on CSIS records

March 26, 2015 | By | Reply More
Northern Gateway: Rights group presses watchdog on CSIS records

Northern Gateway intelligence shared with petroleum industry A civil liberties group says newly disclosed Canadian Security Intelligence Service records on protest surveillance bolster its formal complaint that spies went too far in eyeing environmental activists. The British Columbia Civil Liberties Association has asked the Security Intelligence Review Committee to consider the documents, which reveal CSIS […]

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North Dakota drill rig count to drop below 100

March 26, 2015 | By | Reply More
North Dakota drill rig count to drop below 100

North Dakota drill rig count below 100 for the first time in 5 years The North Dakota drill rig count in the state’s western oil patch has slipped below 100 for the first time in five years due to the sagging price of crude. There were 98 rigs drilling in North Dakota on Wednesday. That’s […]

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Schlumberger subsidiary pleads guilty to US trade sanctions violations

March 26, 2015 | By | Reply More
Schlumberger subsidiary pleads guilty to US trade sanctions violations

Schlumberger subsidiary conducted business with Sudan and Iran 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. The criminal case against Schlumberger Oilfield Holdings Ltd. resolves a years long investigation […]

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New US fracking regs: Democrats, Republicans both unhappy

March 26, 2015 | By | Reply More
New US fracking regs: Democrats, Republicans both unhappy

Republicans say fracking regulations will delay projects, Democrats say they are too mild Republican and Democratic lawmakers in the House have found something in common. Many have issues with the Obama administration’s new regulations requiring companies that drill for oil and natural gas to disclose chemicals used in hydraulic fracturing. Republicans say the new regulations, announced […]

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AB gov’t, Fort McKay band agree to protect Moose Lake area

March 25, 2015 | By | Reply More
AB gov’t, Fort McKay band agree to protect Moose Lake area

Fort McKay band still part of review of government’s land use plan The Alberta government and a northern aboriginal band have agreed to develop a plan to protect a culturally important area in the heart of the oilsands region. But the agreement won’t affect the Fort McKay First Nation’s disagreement with the province’s overall land […]

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Mobile oilsands air monitoring cancelled over funding problems

March 25, 2015 | By | Reply More
Mobile oilsands air monitoring cancelled over funding problems

Oilsands air monitoring mobile unit out of commission An important part of Alberta’s oilsands air monitoring program is off the road over funding problems. In a letter to the province’s pollution monitoring agency, the group responsible for air-quality testing says its mobile unit is “no longer operable.” That means Alberta could have no way to […]

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