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On Native Ground OIL Drilling in the Arctic: Ecological Disaster Waiting to Happen

2016-02-29 06:19:00| Climate Ark Climate Change & Global Warming Newsfeed

American Reporter: Are we so desperate for one last big fix of oil, that we're willing to destroy one of the world's last pristine and unspoiled regions? The answer seems to be yes. The U.S. Geological Survey released a report last week stating that the region inside the Arctic Circle contains about one-fifth of the world's undiscovered, recoverable oil. The USGS report, the most comprehensive survey ever of energy resources in the Arctic, found that there is an estimated 90 billion barrels of oil - or about...

Tags: to ground oil waiting

 

Oil prices increase due to decline in US drilling rig numbers

2016-02-22 01:00:00| Offshore Technology

Oil prices have risen following a fall in oil drilling rig numbers in the US that indicated hopes of lower crude production.

Tags: due increase prices numbers

 
 

Public meeting in Southfield on controversial oil drilling proposal

2016-02-18 02:11:54| Waste Management - Topix.net

Southfield Mayor Ken Siver is expecting a large turnout at tonight's public meeting on a hotly debated oil and gas drilling proposal. The Michigan Department of Environmental Quality is holding the meeting to get more public input about whether the MDEQ should grant a permit to Michigan-based Jordan Development Corporation, LLC to drill for oil and gas on Southfield land owned by the 14,000-member Word of Faith International Christian Center.

Tags: public meeting oil proposal

 

Trinidad Drilling Ltd. (TSE:TDG) Receives Average Rating of "Buy" from Brokerages

2016-02-18 01:10:06| Logistics - Topix.net

Shares of Trinidad Drilling Ltd. have earned an average recommendation of "Buy" from the thirteen brokerages that are currently covering the firm, Marketbeat.com reports . One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company.

Tags: buy rating average receives

 

Blackstone creates new fund to finance troubled offshore drilling and services sector

2016-02-12 01:00:00| Offshore Technology

Blackstone Group has formed Clarion Offshore Partners, a new fund to help finance the troubled offshore drilling and services sector.

Tags: services finance sector fund

 

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