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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...
Low Oil Prices Fuel Reconsideration Of Petroleum Reserves
2016-06-21 10:48:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: The U.S. Department of Energy is considering the future of a public asset worth tens of billions of dollars: the Strategic Petroleum Reserve. The SPR was created after a 1973-74 oil embargo of the United States and other countries. Arab oil-producing countries stopped selling crude to the U.S. because they were upset over its support for Israel. The embargo led to steep price increases, rationing and long lines of frustrated drivers at gas stations. The purpose of the reserve is to prevent...
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
Marathon Oil to acquire PayRock Energy for $888m
2016-06-21 01:00:00| Hydrocarbons Technology
Marathon Oil has signed an agreement to acquire US-based PayRock Energy from EnCap Investments in a transaction valued at $888m.
Tags: energy
oil
acquire
marathon
Oil prices drop due to investors' Brexit fears
2016-06-21 01:00:00| Offshore Technology
Oil prices have faltered due to investors' continued uncertainty ahead of Britain's referendum this week on its withdrawal from the EU.
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