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News & Updates
July 28, 2015 BP swings to $5.8 billion loss on Gulf charge, oil slideSource: Fortune
BP Plc’s woes show no sign of ending as the company swung to $5.8 billion loss in the second quarter, thanks to falling oil prices and another $9.8 billion in charges to settle the remaining U.S. government claims for the...
Source: Good Magazine
Unchecked carbon emissions are some of the worst culprits when it comes to damaging our planet’s fragile ecosystem. Unfortunately, carbon emissions are also something of an unavoidable fact of life in our highly-mechanized,...
July 27, 2015 Pipeline Expansions Will Send Shale Gas South
oilandgasinvestor.com - a Bloomberg New Energy Finance analyst in New York. The spread was $1.62 on July 21. Projects capable of carrying as much as 2.1 billion cubic feet a day, or about 17 percent of Southeast demand, are...
Bloomberg - Itâs unclear when, or if, another offshore project will begin construction, said Amy Grace, an analyst with Bloomberg îNew Energy Financeî, because utilities are reluctant to purchase the expensive...
The U.S. Environmental Protection Agency proposed a program for oil and gas companies to make voluntary pledges to cut and track emissions of methane, one component of its wider strategy to target the potent greenhouse gas and...
Source: NY Times
A few miles off the coast of Block Island, part of Rhode Island, a small flotilla has been gathering: crane vessels, tugboats and barges that began this week installing the 1,500-ton foundations of the nation’s first...
The current downturn could even rival the iconic price crash of 1986, analysts had warned—but definitely no worse. This week, a revision: It could be much worse.
July 23, 2015 Oil prices dips below $50 on ample supply, strong dollarSource: Today Online
NEW YORK - Oil futures fell on Monday and U.S. crude slipped below $50 a barrel intraday as ample supply, the prospect of more Iranian crude for export and a strengthening dollar combined to pressure prices.
July 23, 2015 House panel approves energy reform billSource: The Hill
The bill is the first step in the House’s efforts to pass a broad, bipartisan energy reform package, and lawmakers were hopeful that they could have controversial policy debates as part of consideration of the bill.
July 23, 2015 House passes bill to fight coal ash ruleSource: The Hill
The House voted Wednesday to roll back certain parts of the Obama administration’s first-ever regulations on the disposal of coal ash waste.
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