Markham Hislop, Author at The American Energy News Page 111 of 149

Shell Arctic drilling decision required careful evaluation of risks: CEO

Shell Arctic drilling carries ‘increased risk profile’ LONDON – The CEO of Royal Dutch Shell says he decided to drill for oil off the coast of Alaska after a careful evaluation of the risks. In an interview with the BBC broadcast Wednesday, Ben van Beurden says that although drilling in the Arctic carries an “increased risk profile” because of […]

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Wood Group awarded $28 million PEMEX off-shore engineering contract

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Work will be performed by Wood Group Kenny and Wood Group Mustang As part of the Mexican government’s commitment to reforming its energy sector, Houston-based Wood Group has been awarded a three-year contract for field development in Mexico’s Gulf of Mexico waters. Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement

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Oil price drops to lowest level since March, 2009

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Oil price tumbled to $43.08 on Tuesday The price of U.S. crude oil has tumbled to its lowest level in more than six years. Benchmark U.S. crude fell $1.88, or 4 per cent, to settle at $43.08 a barrel in New York on Tuesday, its lowest close since March of 2009. The latest slide came as

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Australia greenhouse gas reduction target lags behind wealthy countries

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Australia greenhouse gas emissions starting at very high polluting point CANBERRA, Australia – Australia has been criticized over its new greenhouse-gas reduction target which lags behind the ambitions of most wealthy countries. Lawmakers in Prime Minister Tony Abbott’s conservative government on Tuesday agreed on a target of curbing carbon gas emissions to at least 26 per cent

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Japan nuclear power to bridge energy gaps, despite Fukushima

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Japan nuclear power unpopular with citizens TOKYO – With the pull of a lever, control rods were lifted Tuesday from the reactor core at a plant in southern Japan, ending a ban on nuclear power following meltdowns at Fukushima in the northeast that forced tens of thousands of people to leave their homes, most of them for

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Wind power: Bigger turbines mean greater renewable energy returns

Innovation

San Francisco company installing large wind power project in Canada CALGARY – From megawatts to the size of rotors, everything about wind turbines has been getting bigger. But even proponents of wind power say they may be reaching a limit as logistics and a lack of social acceptance over their size start to hinder growth. San Francisco-based

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Wind energy generation drops off West Coast in 2015

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Wind energy in California has recovered, Oregon and Washington still below average A drop in average wind speeds in the western United States during early 2015 led to reduced wind energy generation from plants in California, Oregon, and Washington, according to the US Energy Information Administration. As a result, wind plant utilization rates, also known as

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Utah oilsands mine project targeted by demonstrators

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Utah oilsands mine expected to begin production later this year CALGARY – Dozens of protesters have disrupted work on an oilsands mine a Calgary-based company is building in Utah. Melanie Martin, with a group called Peaceful Uprising, said four people were arrested Monday as they aimed to stop equipment from moving around the site. Around 40 protesters were

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Texas blows up over the Clean Power Plan – Part 1

Markham on Energy

Clean Power Plan aims to eliminate Texas coal power plants, which generate 24% of state electricity We get it. Texas is really mad about Obama, the EPA, and the Clean Power Plan. But behind the bellicose rhetoric from Austin lies an interesting story about the plan’s potential benefits and pitfalls. In this three part series,

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Shell applies to drill into deep US Arctic waters petroleum zones with icebreaker fixed

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Shell initially denied access petroleum zones 8,000 feet below ocean floor ANCHORAGE, Alaska – With a key safety vessel repaired and in northern waters, Royal Dutch Shell PLC has applied to amend its federal exploratory drilling permit to allow drilling into oil-bearing rock in the Arctic Ocean off Alaska’s northwest coast. Shell last month received permission to begin some

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