Permanent seismic monitoring could increase offshore production
Petrobras will be able to increase oil and gas production by using the world’s first permanent monitor of conditions at a deepwater reservoir, the company said.
View ArticleOil and mining claim larger share of some states’ total economies
Of the six states where the mining sector – including businesses that extract oil and natural gas – comprised more than 10 percent of the state’s economy in 2013, five saw both better than average...
View ArticlePutin says Russian economy must brace for $40-a-barrel oil
The Russian central bank published a worst-case economic scenario Dec. 15 that envisioned oil prices averaging $60 a barrel until the end of 2017.
View ArticleCalifornia pledges changes in protecting underground water
State regulators said Monday that they have notified the U.S. Environmental Protection Agency of their plan for bringing the state back into compliance with federal safe-drinking water laws.
View ArticleCalifornia pledges changes in protecting underground water
An Associated Press analysis found hundreds of the now-challenged state permits for oil-field injection into protected aquifers have been granted since 2011.
View ArticleChesapeake troubles deepen on glut-driven second-quarter loss
Chesapeake Chief Executive Officer Doug Lawler has been selling assets and dismantling complex financial commitments to free up cash for drilling and reduce debt.
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