Tag: Reclamation
Foresight, NAL Resources crowdsourcing ideas to improve reclamation of Alberta oil/gas wells
$610,000 in funding available for 2 to 5 candidates to advance new technology, solutions to improve well reclamation Foresight Cleantech Accelerator Centre and NAL Resources have announced the ARCTIC Innovation Challenge, an effort to find technologies to improve oil and gas wells abandonment and reclamation, according to a press release. “We are seeking solutions to make the abandonment […]
Cleanup boost for old oil and gas sites to create jobs
Petroleum Services Association of Canada applauds Alberta government for introducing orphan wells program The Alberta government introduced legislation that would allow it to lend Orphan Well Association (OWA) $235 million to speed up proper abandonment and reclamation of a growing number of oil and gas well sites that no longer have a responsible owner, according […]
The rise and demise of West Virginia’s Hobet coal mine
Hobet coal mine a case study of a once-rich industry in decline By Patrick Rucker ALKOL, West Virginia, Aug 5 (Reuters) – On the day Victor Clark retired after 26 years at the Hobet coal mine, the bosses called him to the office for a surprise. His wife, daughter, and sons Rocky and Tony, both […]
Alpha Natural Resources emerges from bankruptcy amid doubts on outlook
Alpha Natural Resources exits bankruptcy with $292.7 million in clean-up obligations By Tom Hals and Tracy Rucinski WILMINGTON, Del., July 26 (Reuters) – Coal producer Alpha Natural Resources Inc emerged from Chapter 11 bankruptcy on Tuesday with doubts about its long-term prospects and ability to carry out a recent environmental clean-up deal with regulators. Alpha said […]
Peabody Energy reaches coal mine cleanup deal with three states
Peabody Energy says reclamation will cost $450M By Tracy Rucinski CHICAGO, July 27 (Reuters) – Peabody Energy Corp, the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has benefited from a federal program known as self-bonding that allows the […]
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