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Judge dismisses Louisiana wetlands suit against big oil firms
2015-02-14 03:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A federal judge in Louisiana threw out a lawsuit Friday against more than 90 oil, gas and pipeline companies accused of collectively damaging the state's coastline, according to court records. The suit was filed in 2013 by the Southeast Louisiana Flood Protection Authority-East, accused the companies of destroying the state's fragile wetlands that protect the greater New Orleans area from catastrophic flooding, such as that which occurs during hurricanes. The suit says the companies cut at...
Microsoft's big data offering for oil and gas
2015-02-12 14:05:23| Oil IT Journal - www.oilit.com
Big takeaways from big data or how HDInsight, Microsoft's Hadoop might impact oil data analytics.
Markets brace for Big Oil profit plunge
2015-01-30 13:44:21| Energy - Topix.net
In this Jan. 1, 2015, file photo, Cars fill up at the pumps at a Shell station near downtown Detroit. Profits for companies in the Standard & Poor's 500 index are expected to grow at one of lowest rates in years, just 1.4 percent.
Markets brace for Big Oil profit plunge
2015-01-30 12:59:48| Oil & Gas - Topix.net
Profits for companies in the Standard & Poor's 500 index are expected to grow at one of lowest rates in ... NEW YORK - It's just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a promising earnings season into a grim one.
Big Oil Gets Serious on Cost Cuts in Worst Slump Since 1986
2015-01-19 08:34:46| Oil & Gas - Topix.net
Major oil companies are awaking from their slumber and facing up to the magnitude of the crash in crude prices. From Royal Dutch Shell Plc canceling a $6.5 billion project in Qatar to Schlumberger Ltd. firing about 9,000 people and Statoil ASA giving up exploration in Greenland, the oil industry this week concluded that the slump is no blip.
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