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Tag: oil
Oil canals in National Preserve in Louisiana to be filled
2016-06-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: In the heyday of oil exploration on Louisiana's coast after World War II, companies dug about 10,000 miles of canals as straight as Kansas highways through a natural world that's unraveling today - due, in part, to those canals. Soon, about 16.5 miles of canals are to be filled in the Barataria Preserve - making a small dent in a massive problem. Interior Secretary Sally Jewell on Monday toured water plant-choked canals in the alligator-and-bird preserve by airboat and called the work crucial;...
NORSOK-Approved Tubing for Oil and Gas Applications at ONS 2016
2016-06-22 13:00:00| Offshore Technology
Corrosion-resistant tubing specialists Fine Tubes and Superior Tube will exhibit their latest high-performance solutions for oil and gas applications at ONS 2016, in Stavanger, Norway, from 29 August to 1 September 2016.
Tags: applications
gas
oil
ons
QEP Energy to acquire oil and gas properties in Permian Basin for $600m
2016-06-22 01:00:00| Hydrocarbons Technology
QEP Energy has signed an agreement to acquire oil and gas properties in the Permian Basin in the US from the initial sellers and other associated individuals and entities for about $600m.
Tags: energy
properties
gas
oil
Oil prices rise after API reports fall in US crude inventories
2016-06-22 01:00:00| Offshore Technology
Oil prices have increased above $50 a barrel after a report by the American Petroleum Institute (API) highlighted a fall in US crude inventories.
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...
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