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Shale Boom Tested as Sub-$90 Oil Threatens U.S. Drillers: Energy
2014-10-08 12:05:16| Energy - Topix.net
The U.S. shale boom is producing record amounts of new oil as demand weakens, pushing prices down toward levels that threaten to reduce future drilling. Domestic fields will add an unprecedented 1.1 million barrels a day of output this year and another 963,000 in 2015, raising production to the most since 1970, according to the U.S. Energy Information Administration.
Shale Boom Tested Sub-$90 Oil Threatens U.S. Drillers
2014-10-08 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The U.S. shale boom is producing record amounts of new oil as demand weakens, pushing prices down toward levels that threaten to reduce future drilling. Domestic fields will add an unprecedented 1.1 million barrels a day of output this year and another 963,000 in 2015, raising production to the most since 1970, according to the U.S. Energy Information Administration. The Energy Departments statistical arm forecasts consumption will shrink 0.2 percent to 18.9 million barrels a day this year, the...
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With Boom in Oil and Gas, Pipelines Proliferate in the U.S
2014-10-06 16:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: In the spring of 2012, about nine years after Melissa Owen and her husband purchased 640 acres of remote Arizona desert that they hoped to turn into a wildlife refuge, a representative from the energy giant Kinder Morgan knocked on their front door. The man said his company planned to Melissa Owen A gas pipeline is being built on Melissa Owen's land in Arizona, despite her opposition. build a natural gas pipeline through her property and hoped to get the Owens' consent. They didn't give it, and...
China's emissions cuts 'negated' by industrial boom, study finds
2014-10-05 19:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Emissions savings from China's huge investment in more efficient equipment and technology may have been outweighed by exponential increases in production, scientists have warned. The world's largest emitter saw carbon intensity, a measure of emissions per unit of GDP, rise three per cent from 2002 to 2009 despite efficiency improving in nearly all its provinces following a raft of investments in less wasteful technologies, according to new research from the University of East Anglia published...
Tags: study
industrial
finds
cuts
Oil and Gas Boom Across East Africa at Risk
2014-09-30 12:25:00| Offshore Technology
GlobalData's latest whitepaper discusses the discovery of significant commercial oil and natural gas reserves in Kenya, Uganda, Tanzania and Mozambique, which has ignited the interest of both international oil companies and national oil companies.
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