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BP to slash 4,000 jobs globally as oil prices drop
2016-01-12 17:00:24| Oil & Gas - Topix.net
BP to cut 4,000 jobs globally as oil prices drop BP employs about 17,000 people in the U.S., with operations in Texas and Alaska Check out this story on KHOU.com: http://usat.ly/1P77Fmd NEW YORK-- Oil producer BP plans to slash more than 4,000 jobs over the next two years as oil prices plummet. BP will reduce its global upstream staff from 24,000 to "well below" 20,000 by the end of 2017, the company said in an emailed statement.
Weather Extremes Slash Cereal Yields
2016-01-09 17:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate News Network: Climate change may have already begun to take its toll of agriculture. New research suggests that drought and extreme heat in the last 50 years have reduced cereal production by up to 10%. And, for once, developed nations may have sustained greater losses than developing nations. Researchers have been warning for years that global warming as a consequence of rising levels of carbon dioxide in the atmospherein turn, a pay-off from increased fossil fuel combustionwill result in a greater frequency...
Tags: weather
yields
slash
cereal
India's solar surge may slash coal imports
2016-01-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: Dramatic cost declines in solar power tenders in India have shaken up expectations on pricing for the renewable fuel and have triggered warnings that the country's need for thermal coal imports will be much lower than some are banking on. Huge solar power contracts awarded by Indian states to global players in November and December have been priced at levels more than 20 per cent below 12 months ago and point to solar power rapidly overtaking thermal coal imports in competitiveness for power generation....
Tags: solar
imports
coal
surge
Ireland's New Climate Goal: Slash 95 Percent of Emissions
2015-12-18 15:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Green: Ireland has revealed an ambitious new plan to eliminate fossil fuels from its energy system by the end of the century, in a move the country's Energy Minister Alex White said would transform the country's attitude to energy use. Ireland's Transition to a Low-Carbon Energy Future 2030-2100 white paper - released on Wednesday - outlines plans for the country to cut its carbon emissions by 80-95 per cent by 2050 compared to 1990 levels, with the aim of completely decarbonising by 2100. High-carbon...
Trinidad Drilling to slash capital budget by 76-84%, cut general spending 10-15%
2015-12-14 13:38:17| Logistics - Topix.net
Trinidad Drilling Ltd. has chopped its initial capital spending budget for 2016 to $30 million - 84 per cent less than what it's spending this year - to reflect weak conditions in the oil and gas industry. The Calgary-based company says it's primarily aiming to maintain Trinidad's current operations, although it may be able to spend as much as $45 million if certain growth opportunities arise - still 76 per cent below 2015 levels.
Tags: general
capital
cut
budget
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