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Tag: drilling
Activists block Shell's Arctic drilling rigs from Seattle waterfront
2015-05-07 17:14:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Royal Dutch Shell wants to park two massive Arctic oil drilling rigs in Seattles waterfront but the petroleum giant will have to get around protesters in kayaks and a mayor determined to take on climate change. The fast-approaching battle with so-called kayaktivists is unfolding in the northwestern coastal city well known for embracing environmental causes, laying bare the high-stakes feud over oil exploration in the icy waters off Alaska. Seattle Mayor Ed Murray took up the cause on Monday,...
Tags: block
seattle
arctic
drilling
Energy Rich U.S. States Move to Quash Local Limits on Drilling
2015-05-06 13:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Lawmakers in Texas and energy producing states across the nation are rushing to stop local communities from imposing limits on oil and gas drilling despite growing public concern about the health and environmental toll of such activities in urban areas. The slump in oil prices that has led to job losses in the oil patch has only added to the urgency of squelching local drilling bans and other restrictions the industry views as onerous. The number of jobs nationwide in the sector that includes...
Tags: local
states
move
energy
Single Set-up Deep-Hole Drilling Takes Center Stage at AmeriMold 2015
2015-05-06 12:31:10| Industrial Newsroom - All News for Today
MENOMONEE FALLS, Wis. At Amerimold 2015 in booth 724 at the Donald E. Stephens Center in Rosemont, Illinois, UNISIG will showcase its new USC-M series of 7-axis deep-hole drilling and machining centers. Ideal for mold production, these machines allow manufacturers to process large and small parts with four-sided...
Tags: center
single
takes
stage
Diamond Offshore Drilling to scrap three rigs due to weak demand
2015-05-06 01:00:00| Offshore Technology
Deepwater drilling contractor Diamond Offshore Drilling has announced plans to retire and scrap three out of its eight drilling rigs citing weak demand due to a decline in crude prices globally.
Big Profit Margins Can't Save Ecopetrol as Drilling Fizzles
2015-05-06 00:08:12| Jewelry - Topix.net
Ecopetrol SA shares have slumped 54 percent in dollar terms in the past year, the worst rout among producers in the BI Global Integrated Oils Valuation Peers Index even as it posted the highest measure of profitability, according to data compiled by Bloomberg. Newly appointed Chief Executive Officer Juan Carlos Echeverry has said he plans to boost reserves and focus on the most profitable fields.
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