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ExxonMobil subsidiary searches for oil, gas near Guyana

2015-03-07 13:11:53| Energy - Topix.net

" A subsidiary of U.S.-based ExxonMobil Corp. has begun exploratory drilling for oil and gas off Guyana's coast in South America. The launch of the $300 million project comes amid heavy objection from Venezuela's government, which claims the area being explored belongs to it.

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ExxonMobil subsidiary searches for oil, gas near Guyana

2015-03-07 06:41:21| Oil & Gas - Topix.net

" A subsidiary of U.S.-based ExxonMobil Corp. has begun exploratory drilling for oil and gas off Guyana's coast in South America. The launch of the $300 million project comes amid heavy objection from Venezuela's government, which claims the area being explored belongs to it.

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US oil and natural gas rig count drops by 75 to 1,192

2015-03-07 00:37:05| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 75 this week to 1,192 amid depressed oil prices. Baker Hughes said Friday 922 rigs were seeking oil and 268 were exploring for natural gas, with two listed as miscellaneous.

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Are There More Oil and Gas Wells in LA Than Movie Stars?

2015-03-06 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The story of the rise and fall of Edward Doheny, the first oil baron of Southern California, would seem the archetype of a LA noir tale: A man rises from rags to riches and presents a veneer of respectability to the outside world, but behind closed doors lurks corruption, even violence. Elaborate stagecraftHollywoods specialtyhides the machinery and political machinations that fuel what boosters like to call progress. A kind of prosperity veils danger. Heres how the story goes: In 1892 Doheny,...

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Oil & gas execs 'pressured' Oklahoma geologists not to reveal fracking-quakes link

2015-03-05 17:26:19| Electronics - Topix.net

Newly-obtained emails reveal that Oklahoma geologists were pressured by oil industry big-shots not to push on with their assessments of possible links between earthquakes in the state and hydraulic fracturing industry, most often referred to as fracking. More than a year since a sharp spike in earthquakes in the region, which coincided with fracking for oil and gas, the Oklahoma Geological Survey say there might be a possible link.

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