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Penn West, ConocoPhillips cut over 900 oil and gas jobs, mostly in Calgary

2015-09-02 01:23:04| Energy - Topix.net

A fresh wave of layoffs is hitting Alberta's energy sector, with two oil and gas companies announcing 900 job cuts on Tuesday, mostly in Calgary, and analysts saying they see more on the way. Penn West Petroleum is reducing its workforce by 35 per cent for a loss of over 400 full-time employees and contractors.

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Low price of oil gives airlines leeway to cut fares but still post healthy profits

2015-08-30 08:51:56| Airlines - Topix.net

A United Airlines jet passes over Whittier, Calif., in July on its way to Los Angeles International Airport. Fliers in certain markets are seeing bargain flights as fare wars make a limited return.

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EPA Proposes New Commonsense Measures To Cut Methane Emissions From The Oil And Gas Sector/Proposal Cuts GHG Emissions, Reduces Smog-Forming Air Pollution And Provides Certainty For Industry

2015-08-19 07:16:55| oilandgasonline News Articles

Continuing the Obama Administration’s commitment to take action on climate change and protect public health, the U.S. Environmental Protection Agency (EPA) is announcing commonsense proposed standards recently that would reduce emissions of greenhouse gases (GHG) and volatile organic compounds (VOC) from the oil and natural gas industry.

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EPA Moves to Cut Oil and Gas Methane Emissions

2015-08-18 21:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The Environmental Protection Agency on Tuesday proposed new rules meant to help combat climate change by curbing methane emissions from new hydraulically fractured crude oil wells and natural gas pipelines and other infrastructure. The measure, part of the Obama administration's Climate Action Plan, seeks to cut methane emissions from the oil and gas industry by up to 45 percent below 2012 levels over the next 10 years. Methane is about 35 times more potent than carbon dioxide as a heat-trapping...

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BASF capitalizes on influx of cut oil and gas workers

2015-07-24 13:57:47| Chemicals - Topix.net

Chris Witte reveals new details for the company's most recently planned chemical plants, as well as ways the company is capitalizing on the cheap-oil moment. Amid endless discussions of cost-cutting and survival among upstream and midstream oil and gas companies, German chemical company BASF SE is honing its robust growth potential in the U.S. Right at the seat of power for one of Houston's largest manufacturers is Freeport - home to giant petrochemical manufacturing plants for several companies.

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