Archive for December, 2015
16 major NYC hotels pledge to cut GHG emissions by 30 per cent by 2025
NYC hotels take on City Hall’s Carbon Challenge NEW YORK _ More than a dozen of New York City’s most famed hotels are pledging to get greener. The Waldorf-Astoria New York, the Lotte New York Palace, the Pierre-A Taj Hotel and the Crowne Plaza Times Square are among the 16 city hotels, all currently thronged […]
Death toll in Mexico fuel theft fire rises to 5
Mexico fuel theft fire in Tabasco State MEXICO CITY _ Authorities in Mexico say five people have now died from a fire that broke out near where people were using an illegal tap to gather fuel. The fire broke out near an oil pipeline in the Gulf coast state of Tabasco on Dec. 22. The Tabasco […]
US backed coalition seizes major dam in northern Syria from ISIS
ISIS controlled Tishrin Dam seized by Syria Democratic Forces BEIRUT _ A U.S.-backed coalition of rebels in Syria, including Syrian Kurdish, Arab and Christian groups, has captured a major dam on the Euphrates River in the north from the Islamic State group. The coalition, known as Syria Democratic Forces, seized the Tishrin Dam on Saturday […]
Carbon 60 development could reduce price of solar cells material
Carbon 60 a stable molecule used in solar cells systems A heating system so powerful it gave its creator a sunburn from three metres away is being developed by a New Brunswick engineering professor as a method to sharply reduce the costs of making the carbon used in some solar cells. Felipe Chibante says his […]
Saudi Arabia budget: $98B deficit as lower oil prices cut into gov’t revenue
Saudi Arabia budget released Monday RIYADH, Saudi Arabia _ Saudi Arabia on Monday said this year’s budget deficit amounted to $98 billion (367 billion riyals) as lower oil prices cut into the government’s main source of revenue, prompting the kingdom to scale back spending for the coming year and hike up petrol prices. A royal […]
Pioneer Natural Resources reacts to lifting of the crude oil export ban
Europe, Asia and Latin America are potential markets for U.S. crude oil exports The American oil industry and its supporters are applauding the passage of legislation to end the 40-year old crude oil export ban and forecasting significant benefits for consumers and businesses alike. One of the strongest criticisms of the ban, enacted in the […]
Taylor Energy to hold meeting on decade old Gulf of Mexico oil leak
Taylor Energy owned platform toppled by Hurricane Ivan BATON ROUGE, La. _ The company responsible for a decade-old oil leak in the Gulf of Mexico will hold a public meeting next month to disclose details of its efforts to stop chronic slicks from forming off Louisiana’s coast. The Jan. 20 forum in Baton Rouge was […]
Texas oil and gas production statistics for Oct. 2015
Texas Railroad Commission reports that in past 12 months, total reported production was 1.009B barrels of crude oil, 8.4 Tcf of gas AUSTIN – Production for Oct. 2015 as reported to the Railroad Commission of Texas (Commission) is 74,686,442 barrels of crude oil and 636,226,447 MCF (thousand cubic feet) of total gas from oil and gas […]
Light electric vehicle sales to exceed 6 million globally by 2024 – report
Expected increase in luxury electric vehicles from 23% of market today, to 50% of market by early 2020s Electric vehicles have become well-established in many global markets, according to a new report from Navigant Research, and automakers are gearing up to attract a wider range of customers. The study details the global market for light duty vehicles, including […]
SEC disclosure proposal ‘could harm’ US oil and gas producers – API
Proposed SEC rule requires publicly traded energy firms to release payment info that could be commercially sensitive A new rule on disclosure requirements for America’s oil and natural gas industry proposed by the U.S. Securities and Exchange Commission could harm US competitiveness while possibly weakening a decade-old effort to implement payment transparency programs worldwide, according to […]
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