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US doubles oil reserve estimates at Bakken, Three Forks shale

2013-04-30 13:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government study that highlights the nation's march toward energy self-sufficiency. The Bakken Formation and Three Forks Formation, which spans parts of Montana, North Dakota and South Dakota together hold an estimated 7.4 billion barrels of undiscovered, technically recoverable oil, the U.S. Geological Survey study said, although energy experts...

Tags: oil reserve estimates doubles

First Reserve, Renovalia Energy JV adds two wind power plants in Mexico

2013-04-29 11:00:00| Power Technology

Renovalia Reserve, a joint venture between private equity firm First Reserve and Spanish energy firm Renovalia Energy, has acquired two onshore wind power plants in Southern Mexico.

Tags: power mexico energy wind