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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...
Methane Emissions Onshore Oil and Gas 14 Coal Plants Powered for One Year
2016-06-21 15:49:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: When we talk about climate change all too often we focus on carbon dioxide, the main greenhouse gas. But there is a much more potent greenhouse gas, methane, which is much more efficient at trapping radiation than CO2. Some estimates put it at 87 times more potent over a 20 year lifetime than carbon dioxide. And who is the biggest culprit for releasing methane in the U.S.? It is the oil and gas industry, which is the largest industrial source of methane pollution in the country, releasing 33 percent...
Chariot Oil & Gas gets Mohammedia Offshore Exploration Permits I-III in Morocco
2016-06-17 01:00:00| Offshore Technology
Chariot Oil & Gas Investments has secured a 75% interest and operatorship of the Mohammedia Offshore Exploration Permits I-III (Mohammedia) in Morocco.
Deals this week: ExxonMobil, Europa Oil & Gas, Plexus Holdings
2016-06-17 01:00:00| Offshore Technology
ExxonMobil Corporation and BHP Billiton Limited are planning to sell Gippsland Basin Joint Venture's (GBJV) oil and gas assets in Bass Strait, Australia.
GE Oil & Gas and Technip to develop digital solutions for new LNG projects
2016-06-15 01:00:00| Hydrocarbons Technology
UK-based GE Oil & Gas and French company Technip have signed a memorandum of understanding (MoU) to develop digital solutions aimed at expediting the delivery of new liquefied natural gas (LNG) projects.
Tags: new
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