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Fuchs Family Trust v. Parker Drilling Co., C.A. No. 9986-VCN

2015-04-04 10:26:45| Energy - Topix.net

In this memorandum opinion, the Court of Chancery denied a stockholder request for inspection of books and records pursuant to 8 Del. C. 220 .

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Exxon CEO talks Arctic oil drilling, risks, lessons

2015-04-02 18:08:33| Energy - Topix.net

" The Arctic is the next great frontier for oil and gas " and one of the most environmentally fragile places on earth. An Energy Department advisory council study adopted last week said the U.S. should start exploring for oil and gas in the Arctic soon in order to feed future demand, and that the industry is ready to safely exploit the Arctic's huge reserves, despite recent mishaps.

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Exxon CEO talks Arctic oil drilling, risks, lessons

2015-04-02 18:06:37| Oil & Gas - Topix.net

In this March 27, 2015 file photo, ExxonMobil CEO Rex Tillerson delivers remarks on the release of a report by the National Petroleum Council on oil drilling in the Arctic, in Washington.

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U.S. Approval Moves Shell a Step Closer to Arctic Drilling

2015-04-01 15:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas exploration in the Arctic since it suffered mishaps in the region in 2012. "The Arctic is an important component of the Administration's national energy strategy, and we remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration offshore Alaska," said Interior Secretary Sally Jewell. Interior's...

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Texas House Committee Passes Compromise on Drilling Rules

2015-03-31 16:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Texas Tribune: A House committee on Monday approved legislation that would limit local control over oil and gas activities -- a committee substitute for a bill that initially stirred anger in city halls across Texas. In a 10-1 vote, the House Committee on Energy Resources approved an updated version of House Bill 40, among the most prominent of nearly a dozen bills filed in the aftermath of Denton's vote in November to ban hydraulic fracturing within the North Texas city's limits. Intended to clarify where...

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