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SNE Deepwater Oil Field

2016-09-09 01:00:00| Offshore Technology

The world's largest oilfield discovered since 2014, the SNE Deepwater Oil Field is located in the Rufisque, Sangomar and Sangomar Deep Blocks, which cover a combined area of 7,490km within the Senegalese portion of the Mauritania-Senegal-Guinea Biss

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Dakota Access Oil Pipeline Halted by Largest Native American Protest in History

2016-09-08 17:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Return to Now: The construction of a thousand-mile oil pipeline through the heart of the country has prompted the largest Native American protest in history. Indigenous Americans from all over the United States and Canada have gathered near the source of the pipeline -- a large fracking site in North Dakota -- to protect their ancestral lands, rivers and lakes from pollution and destruction. The pipeline -- which the U.S. Government quietly approved last month -- will cut right through sacred burial grounds,...

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Authorities to build up presence before oil pipeline ruling

2016-09-08 03:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: North Dakota authorities are recruiting law enforcement officers from across the state to guard the site of a protest in anticipation of an impending federal ruling on whether to block the construction of the four-state Dakota Access oil pipeline. The buildup, announced Wednesday, comes after a skirmish between protesters and private security guards on Saturday that turned violent; the crowd dispersed when officers arrived, and no one was arrested. Authorities also said they pulled back Tuesday...

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Oil prices increase due to fall in crude stocks

2016-09-08 01:00:00| Offshore Technology

Oil prices have increased more than 1.5% after US industry data highlighted a fall in crude inventories.

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Ecuador begins drilling for oil in pristine corner of Amazon

2016-09-08 00:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Ecuador began drilling for oil on Wednesday near an Amazon nature reserve known as Yasuni, a site that President Rafael Correa had previously sought to protect from development and pollution under a pioneering conservation plan. Correa in 2007 asked wealthy countries to donate $3.6 billion to offset revenue lost by not drilling in the Yasuni National Park. But the initiative was scrapped in 2013 after it brought in less than 4 percent of the amount requested. Correa's government blamed the...

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