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Russia Adopts Texas Drilling to Revive Soviet Oil Fields: Energy

2013-03-17 23:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Fracking isnt just for shale. In Russia, producers are importing techniques from the U.S. to squeeze billions of dollars of extra oil from Soviet-era fields. TNK-BP, Russias third-largest producer, will use hydraulic fracturing combined with horizontal drilling in almost half the wells it sinks this year, a sixfold increase in just two years, the company said. OAO Rosneft (ROSN), OAO Lukoil (LKOH) and OAO Gazprom Neft have similar plans. So-called fracking, the process of blasting oil from...

Tags: energy texas fields oil

Can Haruhiko Kuroda revive Japan?

2013-03-15 03:08:27| BBC News | Business | UK Edition

Can Haruhiko Kuroda revive Japan's economy?

Tags: japan revive

Japan May Revive Carbon Trading Discussion After Election

2013-03-11 12:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The Japanese government may revive discussions about a carbon market that would reduce pollution levels after elections for the Upper House of parliament due in July, a government adviser said. Takashi Hongo, a senior fellow at Mitsui Global Strategic Studies Institute and a delegate for Japan at United Nations climate talks, said ministers are likely to consider building a market for carbon dioxide emissions credits later this year. The market would cap emissions from utilities and industry...

Tags: japan discussion trading election

Efforts to revive mothballed northern B.C. molybdenum mine move forward

2013-03-04 20:51:24| Electronics - Topix.net

Vancouver-based Avanti Mining Inc. says the B.C. Environmental Assessment Office has referred the Kitsault mine project to Environment Minister Terry Lake and Mines, Energy and Natural Gas Minister Rich Coleman.

Tags: forward move efforts northern