Northeast Debates Benefits And Dangers Of Hydrofracking

The Pennsylvania Health Department was criticized last month for not doing enough to address heath concerns associated with Marcellus Shale development activities, and as a result recently announced changes designed to facilitate the complaint handling process. “The department’s priority is to address the public’s concerns, whether they are about environmental health in general or specifically… Keep reading →

CNOOC Drops Bid For Unocal

Chinese firms are becoming increasingly competitive in the global oil field services market, undercutting South Korean and Singaporean suppliers while gaining business from the majors. “Manufacturing energy equipment is an expensive, labour-intensive and lengthy process, and with global energy firms trying to cut costs, the affordability of the services offered by Chinese firms has trumped… Keep reading →

UEFA EURO 2012 Final Draw Ceremony

Chevron has signed a $10 bin, 50-year agreement with the government of Ukraine to explore for and develop oil and gas in the Olesska field in the western part of the country. Chevron is expected to spend $350MM for exploration over two to three years. Ukraine has a strong interest in developing its domestic resources as a means of reducing… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

The US is the envy of the rest of the world when it comes to energy these days. This is what Robert Bryce, Senior Fellow with the Manhattan Institute’s Center for Energy Policy and the Environment told the audience during his opening remarks at the American Oil and Gas Renaissance conference held last week in… Keep reading →