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Exclusive: Oil & gas industry fears more deep-sea leaks linked to drill fluid

2013-09-05 21:30:28| Oil & Gas - Topix.net

A corrosive drilling fluid that triggered the North Sea's worst gas leak in 20 years could threaten similar deep-sea wells across the world, and operator Total has already warned Shell that its nearby Shearwater field may be at risk.

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United Kingdom: Treasury confirms "secret meetings" with industry over shale gas tax breaks

2013-08-29 12:37:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Treasury officials have met with representatives of the shale gas industry to discuss the introduction of tax breaks at the rate of around twice a month since Chancellor George Osborne announced his intention to provide the nascent fossil fuel industry with one of the most generous tax regimes in the world. The revelation came in response to a freedom of information request from Friends of the Earth, although the Treasury failed to respond to accompanying requests on the nature of the meetings...

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Appeals court rejects Texas, industry challenge to EPA's greenhouse gas implementation rules

2013-07-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Greenwire: Federal judges today rejected arguments from Texas and industry groups that U.S. EPA unlawfully forced states to adopt its greenhouse gas rules on an inappropriately short timeline. In two cases, the U.S. Court of Appeals for the District of Columbia Circuit held that EPA was only carrying out a "self-executing" part of the Clean Air Act that was triggered when greenhouse gases were added to the program as a pollutant. Further, the court held in a 2-1 vote that the petitioners -- Texas, Wyoming...

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Finance Officials Say Tax Breaks For Oil, Gas Industry Cost State Millions

2013-07-11 18:52:00| Oil & Gas - Topix.net

Oklahoma finance officials say major tax breaks handed out to the oil and gas industry during the economic downturn in 2010 cost the state $321 million last fiscal year.

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Oil and gas industry emission rules still not ready from Ottawa

2013-07-03 21:40:14| Oil & Gas - Topix.net

An aerial view shows an oilsands facility near Fort McMurray, Alta. The oilsands are Canada's fastest-growing source of greenhouse gases, which make it harder for Canada to hit its 2020 greenhouse gas reduction target of 17 per cent below 2005 levels For the second time in two years, the federal government has missed its target to publish ... (more)

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