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Oil, Gas Drilling In Canada Set For A Decline
Oil, Gas Drilling In Canada Set For A Decline Drilling for oil and gas in Canada will likely decline by 5 percent in 2019, the Petroleum Services Association of Canada has forecast, blaming pipeline capacity shortages and the resultant discount in Canadian heavy to the West Texas Intermediate benchmark for the outlook. The PSAC said […]
Drilling and Mining Interests Pushed to Shrink Utah National Monuments, Documents Reveal
Drilling and Mining Interests Pushed to Shrink Utah National Monuments, Documents Reveal Even though Interior Secretary Ryan Zinke insisted “this is not about energy,” environmentalists and public lands advocates have long suspected the Trump administration’s cuts to national monuments were driven by its push for more drilling, mining and other development. Now, internal Interior Department documents obtained by the New York Times show that […]
Oil Production Vital Statistics April 2016
Oil Production Vital Statistics April 2016 Most regions experienced production losses in March with the exceptions of Iran (+80,000 bpd) and Europe (+90,000 bpd compared with a year ago). Total liquids were down -260,000 bpd for a loss of -990,000 bpd since the peak last July. The oil price rally has continued with WTI on $44 as […]
Shell’s Renewed Arctic Drilling Campaign Faces Yet Another Setback As Key Ship Forced Back To Port
Shell’s Renewed Arctic Drilling Campaign Faces Yet Another Setback As Key Ship Forced Back To Port Is Shell finally “Arctic Ready” after its doomed 2012 campaign? The company is set to begin drilling in the Arctic within the week, and it’s already not looking good. The MSV Fennica, an icebreaker vessel bound for the Chukchi Sea, had barely left […]
Shell Approval May Trigger Resource Race In The Arctic
Shell Approval May Trigger Resource Race In The Arctic In a few short months Shell will (re)enter the Chukchi Sea. The oil and gas major still awaits approval from a number of state and federal agencies, but in early May the company received the consent of the Obama administration to explore the remote Arctic sea 70 miles […]
Russia To Power Arctic Drilling With Floating Nuclear Reactors
Russia To Power Arctic Drilling With Floating Nuclear Reactors It would sit in the icy waters of the Arctic, and provide a constant supply of electricity to a massive rig drilling for oil. They could be mass produced, potentially cutting the cost of drilling projects. The twist? The electricity on these floating power plants would […]
‘Canaries not for sale!’ Islanders protest oil drilling (VIDEO) — RT News
‘Canaries not for sale!’ Islanders protest oil drilling (VIDEO) — RT News. Hundreds of people have protested against oil drilling by Spanish oil giant Repsol, in Spain’s Canary Islands. The islanders’ protest follows previous Greenpeace’s actions stopped by the Spanish Navy. Protesters gathered in front of Gran Canaria’s government delegation building waving banners and chanting “Canaries, […]



