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Groups challenge federal oil, gas leasing on climate grounds
2016-08-25 16:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: The federal government needs to consider greenhouse emissions and the potential contribution to climate change before allowing oil and gas development on public land, two environmental groups asserted Thursday in a lawsuit over drilling in Western states. Industry advocates stood by their own efforts to keep federal leasing moving ahead. The lawsuit filed by WildEarth Guardians and Physicians for Social Responsibility in federal court in Washington, D.C., challenges 397 oil and gas leases the...
Oil prices drop due to oversupply
2016-08-25 01:00:00| Offshore Technology
Oil prices have dropped due to excess supply, and no sign of a freeze in production.
Judge to rule on tribe's oil pipeline request by Sept. 9
2016-08-24 21:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Larampadinapoli: U.S. District Judge James Boasberg listened to arguments Wednesday in Washington, D.C. He says he will rule on the case by September 9. In its lawsuit, the Standing Rock Sioux tribe accused the U.S. Army Corps of Engineers of failing to fully comply with the federal Clean Water Act, National Historic Preservation Act and National Environmental Policy Act when the agency approved the pipeline's construction on July 25. The pipeline is created to move North Dakota oil to IL. The tribe says...
GE Oil & Gas wins subsea wellheads contract with Indias ONGC
2016-08-24 01:00:00| Offshore Technology
GE Oil & Gas has secured a contract to provide subsea wellheads for Oil and Natural Gas' (ONGC) offshore drilling campaign in shallow to medium waters in offshore India.
Misc signs FSO vessel deal with Chevron for Thai offshore oil and gas project
2016-08-24 01:00:00| Offshore Technology
Misc Offshore Floating Terminals (MOFT) has signed a $230m contract for the lease and operations of a floating, storage and offloading (FSO) vessel for Chevron Offshore Thailand's Benchamas 2 project.
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