Monthly Archives: December 2009

Another North Slope spill

Holy cow, BP is experiencing yet another spill in its North Slope pipeline system: Officials estimated Wednesday’s spill at more than 7,000 gallons of what’s known as produced water, the water pumped with oil from wells and then separated from crude at processing centers. BP discovered the spill at about 1:40 p.m. Wednesday and reported […]  More »

"Vigilante" group irks natural gas drillers

A group of Pennsylvania citizens trying to back up thinly stretched state regulators has drawn the ire of some in the oil and gas business. The Pine Creek Headwaters Protection Group has set up a “waterdogs” program “to teach citizens in Susquehanna, Bradford and Tioga counties how to monitor waterways and well sites in the […]  More »

Chron Energy Newslinks | 12.04.09 | Conroe oil field gets the 'green.' Solar plant in space.

• Denbury to use CO2 recovery in Conroe field, will expand ‘green pipeline’ North of Houston. • Sen. Grassley wants to extend wind tax credit by several years. • Chevron’s $40 billion Gorgon LNG plant sparks hunt for workers. • New Venezuelan lease terms don’t totally suck, says Chevron exec. • Refinery mothballing may actually […]  More »

Geokinetics to acquire unit of Petroleum Geo-Services

Houston-based Geokinetics Inc. will acquire the onshore seismic data acquisition and multi-client data library business of Oslo-based Petroleum Geo-Services in a $210 million cash and stock deal. The combination will create the second-largest provider of onshore seismic data acquisition services in the world as measured by crew count, the companies said, and the largest prover […]  More »

Americans prefer carbon tax over cap-and-trade, says survey

A poll conducted by Hart Research on behalf of the U.S. Climate Task Force and Future 500 shows that U.S. voters prefer a carbon tax over cap and trade, 58 percent to 27 percent. Survey results from Hart Research, Future 500. Only one in four Americans know what cap-and-trade is, according to the survey, with […]  More »

Welding system proves worth underwater

December 3,2009 –CAPE Group has developed a semi-automatic, remotely controlled orbital welding system to repair oil and gas pipelines on the seabed…..  More »

TDW Offshore completes North Sea low pressure isolation operation

December 3,2009 –TDW Offshore Services has completed a low pressure isolation operation on an export pipeline riser in the North Sea…..  More »

$110 oil in 2011 says Goldman, but what if…

Goldman Sachs is sticking by its $90-a-barrel oil price for 2010 but predicts a $110 per barrel average in 2011 based on a surge in demand from emerging markets. The bank’s 2010 price forecast natural gas futures fell to $6 per million British Thermal Units, down from a prior $7.30 bet, before rising to $6.50 […]  More »

World's cheapest car to go hybrid

Indian carmaker Tata, which rolled out its $2,200/51.7 mpg vehicle in July, said it plans to create a hybrid version of the vehicle in the near future, according to Reuters. Naturally, the Hybrid Owners of America are excited about the notion, wondering if a sub-$10,000 hybrid is a possibility for U.S. markets anytime soon. Something […]  More »

GOP utters the "T" word for dealing with carbon

Maybe it’s the threat of the EPA having say over carbon emissions, but all of the sudden lawmakers whose only position on climate change legislation was to “kill the bill” are starting to show signs of compromise, reports our colleague Jennifer Dhlouy. “We need to dispense with this somewhat blind loyalty to economywide cap-and-trade,” said […]  More »

Chron Energy Newslinks | 12.03.09 | Viva NIMBY! More tax, less trade says Brookings.

• The domestic drilling backlash intensifies. • Will Iraq save the world from Peak Oil? • Cause, scope of North Slope oil spill remain a mystery. • Russia sets new oil output record in November. • China’s trade with Africa a boon to United Arab Emirates. • Trans-Alaska pipeline to cut spending 15 percent, move […]  More »

Ferrellgas rejoins National Propane Gas Association: When did they leave? *update*

An unusual press release moved on Wednesday that seemed to tell only half the story: “National Propane Gas Association, Ferrellgas Rejoin Forces” read the headline. “Citing a legislative agenda that is as significant as anything the industry has ever faced, the National Propane Gas Association (NPGA) and Ferrellgas Partners, L.P. (Ferrellgas) today announced that the […]  More »
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