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Oil and gas firms 'plan more cuts'

2016-06-06 01:15:31| BBC News | Business | UK Edition

More than four in 10 of the UK's oil and gas firms plan to cut costs further in response to the downturn in the industry, a report suggests.

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Oil and gas are a bad bet, warns Canadian government group

2016-05-31 23:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: One of the worlds largest fossil fuel producers is on the verge of cleaning up its act. In coming years, Canada can expect a switch from oil and gas to renewables, according to a draft policy report from a government group. Even more importantly, the report notes, Canada should expect some of its oil to likely "remain in the ground." Sound familiar? That phrase just so happens to mimic the rallying cry of the U.S. environmental movement. The dose of reality for Canada`s tar sands industry...

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Hidden, Abandoned, Dangerous: Old Gas And Oil Wells In Neighborhoods

2016-05-30 11:12:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: In 2007, Rick Kinder was working for a contractor, building a house in southern Colorado. The workers had just finished putting in all the doors, windows and sealing the house. Kinder and a colleague were working in the crawlspace, hanging insulation. "And we just heard this big roar and then a big boom, and it threw us against the walls, and it just blew the whole top of the roof off," Kinder says. Colorado Oil and Gas Conservation Commission He and his colleagues didn't know it, but they...

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GE Oil & Gas inaugurates two production lines at Talamona plant in Italy

2016-05-27 01:00:00| Hydrocarbons Technology

UK-based GE Oil & Gas has inaugurated two new component production lines at its plant in Talamona, Italy.

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Report: Multi-million dollar contracts steer the EMEA regions oil and gas industry in April

2016-05-27 01:00:00| Offshore Technology

Europe, the Middle East and Africa (EMEA) experienced great activity in the oil and gas contracts in April 2016, says a report by GlobalData.

Tags: report april industry gas

 

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