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ExxonMobil subsidiary searches for oil, gas near Guyana

2015-03-07 06:41:21| Oil & Gas - Topix.net

" A subsidiary of U.S.-based ExxonMobil Corp. has begun exploratory drilling for oil and gas off Guyana's coast in South America. The launch of the $300 million project comes amid heavy objection from Venezuela's government, which claims the area being explored belongs to it.

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US oil and natural gas rig count drops by 75 to 1,192

2015-03-07 00:37:05| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 75 this week to 1,192 amid depressed oil prices. Baker Hughes said Friday 922 rigs were seeking oil and 268 were exploring for natural gas, with two listed as miscellaneous.

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Are There More Oil and Gas Wells in LA Than Movie Stars?

2015-03-06 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The story of the rise and fall of Edward Doheny, the first oil baron of Southern California, would seem the archetype of a LA noir tale: A man rises from rags to riches and presents a veneer of respectability to the outside world, but behind closed doors lurks corruption, even violence. Elaborate stagecraftHollywoods specialtyhides the machinery and political machinations that fuel what boosters like to call progress. A kind of prosperity veils danger. Heres how the story goes: In 1892 Doheny,...

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White House Mulled, Then Balked at Curbing Explosive Gas on Oil Trains

2015-03-06 16:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Obama administration weighed national standards to control explosive gas in oil trains last year but rejected the move, deciding instead to leave new rules to North Dakota, where much of the fuel originates. Current and former administration officials told Reuters they were unsure if they had the power to force the energy industry to drain volatile gas from crude oil originating in North Dakota's fields. Instead, they opted to back North Dakota's effort to remove the cocktail of explosive...

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NTSB Releases Study to optimize gas pipeline integrity management.

2015-03-06 14:31:08| Industrial Newsroom - All News for Today

NTSB adopted safety study on integrity management of gas transmission pipelines in high-consequence areas. In said study, NTSB analyzed information from Pipeline and Hazardous Materials Safety Administration's (PHMSA) data systems and other sources. Recommendations address broadened use of in-line inspection, emphasize closer state-to-state and federal-state cooperation among inspectors, and call for expanded and improved resources and guidance at federal level.

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