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Ecuador expected to open Amazon's Yasuni basin to oil drilling -sources

2013-08-15 22:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Ecuador is expected to open part of the Amazon rainforest to oil drilling on Thursday after rich nations failed to back a conservation plan that would have paid the country not to explore in the area, government sources said. In 2007 Ecuador's President Rafael Correa launched an initiative to protect the Yasuni area of the Amazon basin, which boasts one of the planet's richest ranges of wildlife. However, the sources said that decision has been reversed and an announcement on the plan's future...

Tags: open expected sources oil

 

Holland Services Opens Permian Basin Office in Midland

2013-08-14 19:50:00| OGI

The office will provide a full complement of land services, including leasing, title, due diligence, curative, GIS/mapping, asset marketing and asset management.

Tags: services office holland opens

 
 

ONGC to sell KG basin stake to Shell, ConocoPhillips

2013-08-14 01:00:00| Offshore Technology

India-based Oil and Natural Gas (ONGC) says it is in talks to sell its stake in the Krishna Godavari (KG) basin deep-sea block to ConocoPhillips and Royal Dutch Shell.

Tags: sell shell basin stake

 

Peregrine Petroleum Proceeds With Oil & Gas Exploration in Permian Basin

2013-08-13 17:40:00| OGI

In addition to the its current work in the Permian Basin, Peregrine also is conducting operations in the Bakken and Three Forks Shale in North Dakota's Williston Basin.

Tags: gas oil proceeds exploration

 

Are we losing primary forests in the Congo Basin?

2013-08-08 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Environ Research: The researchers assessed primary-forest changes at the national scale and modelled potential changes assuming that population growth, logging activity and maintenance infrastructure will remain the same. The analysis was based on mid-resolution satellite imagery and results of forest cover/change detection assessment of intact forest landscapes an approach that allowed the team to analyse intact and non-intact or degraded primary forests separately. The results show that almost 1% of primary forests...

Tags: primary losing congo forests

 

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