Fewer than 50 Bryde’s whales in the Gulf U.S. regulators say a unique species of baleen whales in the Gulf of Mexico may be threatened with extinction and could get special protection. In April, the National Marine Fisheries Service announced it was looking at granting endangered or threatened status to the small population of Bryde’s […]
Bryde’s whales protection considered with Gulf of Mexico oil drilling Read More »
Noble Energy expands Texas footprint in a big way Noble Energy will pay about $2.1 billion for Rosetta Resources in an all-stock deal that gives the oil and gas company access to two massive Texas shale formations. Assets belonging to Rosetta Resources Inc. include about 50,000 net acres in the Eagle Ford Shale and another
Noble Energy pays $2.1B for Rosetta Resources Read More »
Elon Musk wants to fundamentally change the way the world uses energy Never lacking daring ideas, billionaire entrepreneur Elon Musk is determined to jolt the electricity market. The CEO of electric car maker Tesla Motors hopes to park hundreds of millions of large, solar panel-connected batteries in homes and businesses so the world can disconnect
Elon Musk vows to jolt electricity market with move to home batteries Read More »
Rail safety standards include different braking system, retrofits, new speed limits Rail tank cars used to transport crude oil and many other flammable liquids will have to be built to stronger standards to reduce the risk of a catastrophic train crash and fire, under sweeping new safety rules unveiled Friday by U.S. and Canadian transportation
New rail safety standards announced by US, Canada Read More »
Oil train cars fees would go to train first responders, clean spills, relocate rails U.S. senators from six states on Thursday proposed that the government charge companies a special fee to ship oil, ethanol and other flammable liquids in older railroad tank cars that have been involved in fiery explosions. The fee would start at
Senators propose fee on older model oil train cars Read More »
Lowest Exxon Mobile Q1 in six years Exxon earned $4.94 billion in the first quarter, a huge sum but only about half of what the company made last year. Lower oil prices depleted both Exxon’s top and bottom lines. It was the lowest first-quarter profit for Exxon Mobil Corp. in six years, although the results
Exxon Mobile Q1 profits down 46% to $4.94B Read More »
Slight change in oilsands air quality likely due to population increase By Katie Willis for the University of Alberta Alberta’s oilsands have been the subject of controversy and discussion for many years. But residents in the Athabasca oilsands region needn’t hold their breath about air pollution, says a professor in the University of Alberta’s School of Public
Canadian oilsands air quality not a threat to public health: study Read More »
California greenhouse gas reductions to 40 per cent below 1990 levels by 2013 Building on California’s ambitious effort to curb greenhouse gas emissions, Gov. Jerry Brown on Wednesday called on the state to further slash its carbon footprint over the next 15 years. Brown set a new target of reducing emissions to 40 per cent
Governor sets aggressive California greenhouse gas reductions targets Read More »
Advocacy groups file petition concerning Shell Arctic offshore drilling Two groups petitioned the U.S. Securities and Exchange Commission on Monday for an investigation of Royal Dutch Shell PLC and what the groups call misstatements in regulatory filings regarding the risk of a catastrophic oil spill from Arctic offshore drilling. The petition was filed Monday by Oceana
Shell Arctic offshore drilling regulatory filings investigation sought Read More »
Total SA production rose, profits slid French energy giant Total SA says its net profit slid 20 per cent in the first quarter despite a rise in production as slumping oil prices took their toll. The company says Tuesday that net profit for the quarter was $2.66 billion, down from $3.34 billion a year earlier.
Total SA, BP see Q1 profit fall due to low oil prices Read More »
