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First Reserve's American Energy sinks $2.5 billion into Texas oil fields

2014-08-20 12:06:57| Energy - Topix.net

A Greenwich private equity firm is expanding its presence in the energy sector after agreeing to buy 63,000 acres in the southern Permian Basin in Texas for $2.5 billion.

Tags: american energy texas fields

 

First Reserve's American Energy sinks $2.5 billion into Texas oil fields

2014-08-20 01:42:18| Oil & Gas - Topix.net

A Greenwich private equity firm is expanding its presence in the energy sector after agreeing to buy 63,000 acres in the southern Permian Basin in Texas for $2.5 billion.

Tags: american energy texas fields

 
 

Scottish North Sea oil reserves six times higher than estimated

2014-08-18 11:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: A new report from business organisation N-56 has said that revenue from oil in the Scottish North Sea could be as high as 365 billion over the next few decades, rather than the 57 billion previously estimated. The study argues that the figures put forward by the Office for Budget Responsibility (OBR) for oil revenue for the next 30 years are far too pessimistic compared to the industrys forecast. If measures to maximise profits are put in place, such as a new tax regime and the creation...

Tags: times north higher sea

 

Mexico gives Pemex most oil reserves

2014-08-13 22:43:41| BBC News | Business | UK Edition

The Mexican government grants national oil firm Pemex the rights to 83% of the country's proven and probable oil reserves, as part of a broad energy overhaul.

Tags: mexico oil reserves pemex

 

California drought: recycling waste water to replenish ground reserves

2014-08-07 15:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Orange County's waste water facility is the world's biggest treatment plant, pumping 70m gallons of water a day to recharge groundwater levels. Now the state which is in the midst of a historic drought is expanding the plant. The $140m expansion will recycle 100m gallons of water a day and provide water to an additional 250,000 residents in the state. Suzanne Goldenberg visits the Fountain Valley plant and takes a sip of the treated water

Tags: water california ground waste

 

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