Tag: Risk
Trudeau Govt spending $16 million to assess risk of transportation to climate
Extreme weather events can damage infrastructure such as roads, bridges, rail lines, ports and airports The Government of Canada is spending up to $16.35 million over five years for the Transportation Assets Risk Assessment initiative, which focuses on climate risk assessments of federal transportation assets, according to a press release from the Government of Canada. […]
Alberta Energy Regulator’s new program to reduce pipeline incidents
Program requires pipeline-operating companies to develop, implement documented SLMS Effective immediately, the Alberta Energy Regulator is implementing a program to evaluate the effectiveness of pipeline licensees’ safety and loss management systems, according to a press release. “The AER believes all pipeline incidents are preventable, and ensuring operators have an effective SLMS in place is one way […]
“Risk of harmful health effects is low” for residents living near oil & gas operations
Despite significance of findings, report received almost no press attention by Courtney Loper, EnergyInDepth Last month at an oil and gas forum in Broomfield, Colorado, the Colorado Department of Public Health and Environment (CDPHE) released a landmark health assessment found that “the risk of harmful health effects is low for residents living [near] oil and gas […]
US improving energy security, annual International risk index shows
Seven of bottom 10 countries are in Western Europe, making industries like manufacturing, chemicals an endangered species there WASHINGTON, D.C.—The US Chamber’s Institute for 21st Century Energy’s Annual International Index of Energy Security Risk quantifies what has been apparent for the last several years—US energy security is improving as a result of America’s shale energy revolution. In this […]
Argentina’s Vaca Muerta shale play has big expectations, high interest
Compared to US shale plays, Eagle Ford geology in south Texas comes closest to Vaca Muerta Despite volatile oil prices that have drastically reduced oil and gas drilling activity worldwide, operators that have weathered the oil price decline are positioning themselves to tap the potential of the next “big unconventional play.” American Energy News reported that […]
American oil/gas producers face difficult 2016 as hedging protections end
Large E&Ps hedged just 6% of oil production at $53.85/b, 16% of gas at $3.58 per MCF, making them most exposed of US peer groups As oil prices continue to decline, North American exploration and production companies have hedged just 15 per cent of their total production volumes for 2016, including 14 per cent of […]
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