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Obamas Proposed Methane Emissions Cuts Ignore Existing Sources
2015-01-15 06:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Environment News Service: The Obama Administration today announced a new goal to cut methane emissions from the oil and gas sector by 40 to 45 percent from 2012 levels by 2025, and a set of actions to put the United States on a path to achieve this goal. The U.S. Environmental Protection Agency will initiate a rulemaking effort to set standards for emissions of methane and volatile organic compounds from new and modified oil and gas production sources, and natural gas processing and transmission sources, but not for existing...
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BP to announce North Sea job cuts
2015-01-15 01:23:26| BBC News | Business | UK Edition
Staff in BP's North Sea operation, which employs 4,000 people, are expected to be briefed later about significant job cuts, amid falling oil prices.
United States Steel (X) Stock Hits One-Year Low Today After Citigroup Cuts Iron Ore Forecasts
2015-01-14 23:55:37| Steel - Topix.net
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AK Steel (AKS) Stock Hits One-Year Low Today After Citigroup Cuts Iron Ore Forecasts
2015-01-14 23:55:36| Steel - Topix.net
The firm trimmed its outlook as cheaper oil and declines in producers' currencies both bring down supply costs, which signals that the energy rout is feeding through to other commodities, Bloomberg reported. Citigroup predicts iron ore would average $58 per metric ton in 2015 and $62 per metric ton in 2016, down from previous estimates of $65 for both years.
Halliburton cuts Houston jobs
2015-01-14 09:53:45| Oil & Gas - Topix.net
Dave Lesar, CEO of Halliburton, warned employees last month that 2015 is expected to be a "tough" year, which could include additional job cuts. Houston-based Halliburton Co.
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