Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
U.S. authorities asked a federal judge Thursday to streamline the “penalty phase” of the BP oil spill trial by ordering that the 2010 disaster caused serious harm to the environment, residents and businesses around the Gulf of Mexico.
A Nebraska judge’s decision throwing out the Keystone XL pipeline route in the state may push President Barack Obama’s final decision on the contested project until after the midterm congressional elections.
Brazil could have more than 20,000 megawatts of wind power capacity in less than 10 years, according to a recent report by Navigant Research. That’s a dramatic increase from the roughly 3,000 megawatts of current wind generation capacity in the Latin American country.
President Barack Obama on Wednesday vowed to press ahead with stalled efforts to expand trade agreements for the Americas into Asia, but made no promises to frustrated Canadian leaders about his long-anticipated decision on the Keystone XL pipeline.
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