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Ecuador Congress Approves Yasuni Basin Oil Drilling in Amazon

2013-10-09 18:24:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Ecuador's parliament on Thursday authorized drilling of the nation's largest oil fields in part of the Amazon rainforest after the failure of President Rafael Correa's plan to have rich nations pay to avoid its exploitation. The socialist leader launched the initiative in 2007 to protect the Yasuni jungle area, which boasts some of the planet's most diverse wildlife, but scrapped it after attracting only a small fraction of the $3.6 billion sought. The government-dominated National Assembly authorized...

Tags: amazon oil congress ecuador

 

Approach Closes Sale Of Midland Basin Pipeline

2013-10-09 15:30:00| OGI

Cash proceeds to Approach are expected to total approximately $108 million, before taxes and subject to customary post-closing adjustments and escrows.

Tags: sale approach basin closes

 
 

Beach Energy discovers oil at Cooper basin in Australia

2013-10-09 01:00:00| Hydrocarbons Technology

Australia-based Beach Energy has discovered oil at Butlers-7 well in Cooper basin, South Australia.

Tags: australia energy beach oil

 

Noble Energy Updates DJ Basin Ops After Flood

2013-10-07 15:45:00| OGI

The company continues to return wells to production that were pro-actively shut-in prior to the floods. Only 4% of its operated wells remain offline.

Tags: energy updates noble flood

 

Oasis Completes Williston Basin Acquisitions

2013-10-02 17:40:00| OGI

The company completed acquisitions of certain assets in its West Williston and East Nessen project areas for $1,542 million.

Tags: acquisitions oasis basin completes

 

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