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Hoping for a price surge, oil companies keep wells in reserve
2015-12-29 08:58:17| Oil & Gas - Topix.net
The price of oil keeps dropping. But that didn't stop a work crew from drilling a well recently on what was once a cornfield, carefully guiding the last sections of 13,000 feet of pipe spiraling into the hard Niobrara shale with a diamond-tipped bit.
Hoping for a Price Surge, Oil Companies Keep Wells in Reserve
2015-12-25 22:03:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: The price of oil keeps dropping. But that didnt stop a work crew from drilling a well recently on what was once a cornfield, carefully guiding the last sections of 13,000 feet of pipe spiraling into the hard Niobrara shale with a diamond-tipped bit. Their well, one of hundreds drilled by Anadarko Petroleum in eastern Colorados Wattenberg field this year, could someday gush as many as 800 barrels of crude oil a day. But Anadarko is not planning to produce a drop of crude from the well for at...
Report: All Major Oil Companies Knew of Climate Change by 1970s
2015-12-24 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Democracy Now!: A new investigation by the Pulitzer Prize-winning outlet InsideClimate News suggests that nearly every major U.S. and multinational oil and gas company was aware of the impact of fossil fuels on climate change as early as the late 1970s. Earlier exposés by InsideClimate News and the Los Angeles Times have revealed that Exxon scientists knew about climate change as early as 1977, and for decades Exxon concealed its own findings that the burning of fossil fuels causes global warming, alters the climate...
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North Slope companies to keep up spending
2015-12-24 01:47:28| Oil & Gas - Topix.net
Although oil prices are roughly a third of what they were 18 months ago, capital spending estimates provided to the Revenue Department show that $3.32 billion in capital spending will occur in fiscal year 2017, the state budget year beginning next July 1, and $3.24 billion in 2018. Photo/Courtesy/BP The overwhelming unknown is the price of crude oil, and whether it will continue to go down, stabilize or creep upward as has been predicted.
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Greenbrier Companies Inc (NYSE:GBX) Receives Average Recommendation...
2015-12-23 17:58:19| Railroads - Topix.net
Shares of Greenbrier Companies Inc have received an average rating of "Hold" from the eleven brokerages that are presently covering the company, Market Beat Ratings reports . Six equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.
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