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GE to invest billions to improve fracking

2013-05-29 01:00:00| Hydrocarbons Technology

US-based multinational conglomerate GE is planning to invest billions of dollars to improve fracking.

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GE investing billions in fracking technology

2013-05-28 15:37:18| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: One of America's corporate giants is investing billions of dollars in the new boom of oil and gas drilling that relies on a controversial extraction method known as fracking. General Electric Co. is opening a new laboratory in Oklahoma, buying up fracking-related companies and placing a big bet that cutting-edge science will improve profits for clients and reduce the environmental and health effects of the boom. "We like the oil and gas base because we see the need for resources for a long time...

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Thousands of Romanians protest Chevron fracking

2013-05-28 04:05:42| Oil & Gas - Topix.net

Thousands of Romanians protested on Monday against plans by the US company Chevron to explore for shale gas in eastern Romania.

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Fracking: How risky for us?

2013-05-26 07:07:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: California is believed to have more than 15 billion barrels of oil locked within the rocks under the Central Valley that might be used to feed the nation's energy hunger -- if oil companies can free it with hydraulic fracturing. Fracking, as the practice is popularly called, has been going on in the state for years, but mostly in a remote oil field in Kern County. The prospect of extensive new fracking efforts in the 1,750-square-mile geological formation known as the Monterey Shale, which extends...

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Fracking accident leaks benzene into Colorado stream

2013-05-24 23:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Once again, Colorado`s fracking boom has residents wondering if there`s something in the water - carcinogenic benzene, in this case. A plant for fracked natural gas processor Williams Energy, near Parachute, Colo., spilled an estimated 241 barrels of mixed natural gas liquid into the ground, some of which eventually washed as benzene into Parachute Creek. More than two months after the spill was discovered, neighbors of the plant are wondering why the energy company is being put in charge of the...

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