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Alberta regulator toughens financial test for oil, gas asset buys
2016-06-22 00:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The Alberta Energy Regulator has toughened rules determining if companies are financially strong enough to buy oil and gas assets, a move some energy industry players warned on Tuesday could hamper mergers and acquisition in the province. The regulator announced that companies seeking to buy oil and gas wells will need to show their deemed assets exceed their deemed liabilities by a ratio of 2.0 or more after the purchase. Previously, deemed assets had to be equal to deemed liabilities. More than...
Methane Emissions Onshore Oil and Gas 14 Coal Plants Powered for One Year
2016-06-21 15:49:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: When we talk about climate change all too often we focus on carbon dioxide, the main greenhouse gas. But there is a much more potent greenhouse gas, methane, which is much more efficient at trapping radiation than CO2. Some estimates put it at 87 times more potent over a 20 year lifetime than carbon dioxide. And who is the biggest culprit for releasing methane in the U.S.? It is the oil and gas industry, which is the largest industrial source of methane pollution in the country, releasing 33 percent...
New Technologies in Seawater Intake for Oil & Gas Floating Production Units
2016-06-21 01:00:00| Offshore Technology
The first floating liquefied natural gas platforms (FLNGs) are set to come on line during 2017, harnessing vast quantities of previously untapped sources of energy.
Tags: production
technologies
gas
oil
Enterprise Products to build new cryogenic natural gas processing facility in US
2016-06-21 01:00:00| Hydrocarbons Technology
Enterprise Products Partners is planning to build a new cryogenic natural gas processing facility and associated natural gas and natural gas liquids (NGL) pipeline infrastructure in the US.
Tags: us
products
natural
build
Bahr Essalam Gas and Condensate Field
2016-06-20 01:00:00| Offshore Technology
The Bahr Essalam gas and condensate field is located within Block NC41 in the Mediterranean Sea, approximately 110km from Tripoli, Lybia.
Tags: field
gas
condensate
bahr
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