A gas pipeline makes sense in terms of economic benefit to the companies utilizing them as it reduces costs to transport the gas between the producer and the end users. However, the concern is where the pipeline will be laid and its proximity to homes and populated areas.
If the line is too close to densely populated areas … Read More...
Corporations are always at the forefront to develop methods to get more while spending less and this article is a classic example of that. To develop a ship that can handle the Arctic route is quite innovative and if it is cheaper for the company overall it makes sense.
The Arctic route is favorable for transport and saves … Read More...
A worker named Jerrel Hancock was reportedly killed in an offshore explosion during a routine maintenance at the Echo oil-and-gas platform of Fieldwood Energy LCC in the Gulf of Mexico.
The accident was attributed by the company to an “isolated pressure event” that occurred while the worker was cleaning a piece of equipment that separates oils from other … Read More...
An accident at a hydraulic fracturing site in northern Colorado that killed one worker and injured two others occurred earlier this month. According to a report on the Greeley Tribune, Matthew Smith, the worker who died, was hit with a stream of water. No other information is available at this time.
The two other workers that were injured … Read More...
In an interview with Breanna Atkinov of Reos Partners, Peter Tertzakian, the Chief Energy Economist and Director of Arc Financial discussed the challenges and opportunities in Canada’s energy sector.
Tertzakian believes the industry is going to change in a big and meaningful way. The executive remarked that the innovation in the industry beginning in 2008/2009 has been profound.… Read More...
One of the criticisms against hydraulic fracking is the amount of water the process requires. Now the officials of Amite and Wilkinson counties are preparing a plan to boost hydraulic fracturing in the region at the same time generate income for road and bridge maintenance.
The plan involves a $10 million piping plan that will make use of … Read More...
The Environmental Integrity Project, in a recently released report, alleges that the Safe Drinking Water Act, the federal law that regulates the use of fracking fluids into the ground is too lax.
This is because there are loopholes when it comes to non-diesel chemicals used in fracking. Because there is a lack of regulation for such chemicals, there … Read More...
Who would have thought that a boom for the oil industry is the bane to the construction industry? The current boom in the US oil industry has resulted in a high demand for workers. And where are all the skilled workers in the oil industry coming from?
Turns out companies have resorted to poaching construction workers. This has … Read More...
OPEC controls about a third of world’s oil supply but this could end in this decade. That is if the US oil drillers can get the greenlight to export its oil. According to estimates, the US could produce up to 14.2 million barrels per day by 2020. Of course, OPEC will continue to fight the battle and try … Read More...
Now that oil and gas production has grown leaps and bounds in the Western Hemisphere, the issue that needs to be addressed is how to bring the oil to the Eastern Hemisphere where there is a growing demand for it.
This is according to the recent discussions at the Woodrow Wilson International Center for Scholars. There are many … Read More...
