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California Toughens Drilling Oversight In Setback For Industry

2019-11-19 22:55:05| OGI

The regulations, which were applauded by environmental groups, sent shares of California-based oil drillers Berry Petroleum Corp. and California Resources Corp. down sharply.

Tags: industry california drilling oversight

YouTube toughens advert payment rules

2018-01-17 11:17:03| BBC News | Business | UK Edition

The video-clip platform will require creators to have more than 1,000 subscribers to feature adverts.

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Alberta regulator toughens financial test for oil, gas asset buys

2016-06-22 00:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Alberta Energy Regulator has toughened rules determining if companies are financially strong enough to buy oil and gas assets, a move some energy industry players warned on Tuesday could hamper mergers and acquisition in the province. The regulator announced that companies seeking to buy oil and gas wells will need to show their deemed assets exceed their deemed liabilities by a ratio of 2.0 or more after the purchase. Previously, deemed assets had to be equal to deemed liabilities. More than...

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California Gov. Brown toughens climate change goal

2015-05-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Desert Sun: Gov. Jerry Brown has been busy of late pushing California forward on a number of environmental fronts. The governor -- who began his new term challenging the state to ramp up to where it gets 50 percent of its electricity from renewable sources in the next 15 years -- preempted Wednesdays adoption of rules for his drought-response mandate with another initiative in recent days related to climate change. Last weeks executive order sets a target of reducing greenhouse gas emissions to 40 percent...

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