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Tag: drilling
United Kingdom: The top five reasons why drilling for shale gas is fracking stupid
2013-08-12 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Balcombe. Who would have thought that this quiet Sussex village would become the ground zero in the critical debate about Britain's future energy strategy? In this day and age, when some grumble that citizen action is largely confined to voting on Britain's Got Talent, I've found it inspiring to see activists travelling to Balcombe from across the country, being joined by and winning the overwhelming support of traditionally conservative local residents. But I've also been frustrated by the way...
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united kingdom
Norwegian government study raises investment risk fears over Arctic drilling
2013-08-09 11:16:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The development of oil and gas fields in the Arctic is unlikely to prove compatible with global efforts to tackle climate change, according to the latest major report to raise concerns over the formation of a 'carbon bubble'. The study, commissioned by the Norwegian Ministry of the Environment and undertaken by consultancy Rystad Energy, assessed the risk of the country's oil and gas industry being left with stranded assets as governments attempt to meet the global goal of restricting average...
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Trinidad Drilling Receives "Buy" Rating from Haywood Securities
2013-08-09 00:00:10| Logistics - Topix.net
's stock had its "buy" rating reiterated by analysts at Haywood Securities in a research report issued to clients and investors on Thursday, Stock Ratings Network reports.
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Chesapeake Drops 2-Year Legal Fight for Drilling Leases in Fracking-Shy New York
2013-08-07 07:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Chesapeake Energy has given up a two-year legal fight to retain thousands of acres of natural gas drilling leases in New York state, landowner and legal sources told Reuters. Landowners in Broome and Tioga counties, who had leased acreage to Chesapeake over the past decade, had battled the pioneering oil driller in court to prevent it from extending the leases under their original terms, many of which were agreed to long before a boom in hydraulic fracturing swept the United States. But Chesapeake...
Shells Spill Plans for Drilling the Arctic Are Upheld by Judge
2013-08-06 14:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Royal Dutch Shell Plc (RDSA)s oil spill plans for drilling in Alaskas Beaufort and Chukchi seas dont violate environmental laws, a federal judge in Anchorage ruled in rejecting a challenge by conservation groups. The U.S. Interior Departments approval process wasnt flawed or based on erroneous assumptions and the approvals dont violate the Endangered Species Act, the Clean Water Act or other environmental laws, U.S. District Judge Ralph Beistline ruled yesterday. Shell halted operations off...
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