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Bankrupt fracking firm suing New York governor to end moratorium

2013-12-19 18:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Norse Energy is a failure when it comes to its core business drilling for gas and oil. Despite Americas huge drilling boom, the company is bankrupt. Unable to turn a profit as a driller, the company has taken to suing governments and officials that limit fracking, blaming them for its undoing. Attorneys for the companys trustees filed a lawsuit Tuesday against New York Gov. Andrew Cuomo (D) and two state commissioners, claiming that the states fracking moratorium had brought about the companys...

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Ontario-Based Firm Fined for Operating Without License

2013-12-19 17:07:00| Electrical Construction & Maintenance

An electrical firm in Ontario has been fined $25,000 for operating without a contractor's license. read more

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First criminal case against a Marcellus Shale firm opens

2013-12-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inquirer: A former state environmental inspector indicated Wednesday that there was evidence of previous, unreported spills on a Marcellus Shale gas drilling site where he discovered toxic wastewater gushing onto the ground in 2010. Jeremy Daniel, 32, an inspector for the Pennsylvania Department of Environmental Protection at the time, said he found puddles of wastewater, sand, and a "defined area of dead vegetation" flowing from several steel wastewater storage tanks on a Lycoming County well site operated...

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Hershey to acquire majority stake in Chinese confectionery firm SGM

2013-12-19 01:00:00| Food Processing Technology

Hershey Netherlands, a wholly-owned subsidiary of chocolate producer The Hershey Company, has entered into an agreement to buy an 80% stake in Chinese confectionery firm Shanghai Golden Monkey Food (SGM), for an undisclosed amount.

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Facebook acquires sport data firm

2013-12-18 06:51:45| BBC News | Business | UK Edition

Facebook acquires SportStream, a firm that analyses social media mentions of sport and enables users to aggregate, filter and display "real-time" data.

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