Democrat’s through speaker Nancy Pelosi wigwags will support opening of more exploration areas of oil and gas. Some times ago Democrat argues extension activity of exploration area of oil and gas.
In her party’s weekly radio address, Pelosi said opening portions of the Outer Continental Shelf for drilling would be a part of energy legislation that […]
Alaskans in the primary election will vote on Ballot Measure 4, an initiative that opponents say will kill large-scale mining in Alaska but supporters say will save Bristol Bay’s wild salmon streams from a toxic spill at the Pebble Mine.
Supporters of Ballot Measure 4 say it is needed to protect the world’s most productive wild […]
The Toronto stock market was down more than 150 points Monday afternoon as traders took some profits from last week’s strong gains.
“There’s really no other explanation out there for the weakness,” said John Stephenson, portfolio manager at First Asset Funds. “I do believe that the resource theme will continue.” American indexes were mixed, lifted in […]
Negotiations on an agreement to help spur oil exploration on Fort Berthold Indian Reservation should intensify soon, prompted by recent oil discoveries on the reservation’s outskirts, state and tribal officials say.
However, the talks will have some complex employment, tax and regulatory differences to resolve, participants say. The Three Affiliated Tribes has its own oil production […]
Natural gas production from wells around the state last year was the highest in history, though the numbers only slightly increased from 2005, the state Department of Environmental Conservation announced Monday.
Total production was about 55.2 billion cubic feet, which has an estimated value of $413 million and is enough to meet the annual demand for […]
Blue Dog Democrats fired a shot across leadership’s bow on energy yesterday as House Speaker Nancy Pelosi (D-Calif.) prepared to announce her energy independence package today, in time for the Independence Day holiday.
Conservative Democrats say conflicts could be muted when Pelosi’s package hits the floor next month, since Democrats have already pulled the most contentious […]
Petrobras has selected National Instrument LabVIEW software and data acquisition hardware to develop a mud-gas separator for underbalanced drilling (UBD) applications. Using NI tools, Petrobras engineers have developed a high-throughput UBD application capable of reducing the time it takes for a well to become fully productive as well as eliminating the need for costly fracturing […]
The oil and gas industry contributed nearly $23 billion in direct and indirect economic benefits in Colorado in 2005, according to a state-funded study released Thursday.
The industry, experiencing record natural gas development rates, generated $22.9 billion for the economy, or 6.1 percent of the total gross state product, according to the report by the Colorado […]
Jobs, taxes, leases have $22.9 billion impact, study says.
The state’s oil and gas industry is an economic powerhouse, pouring $22.9 billion into the economy, creating 70,000 jobs and adding $640.5 million in taxes, according to a study released Thursday.
Lawmakers, nonetheless, have passed a bevy of new laws and penciled in some future ones that restrict […]
A proposal to hit oil companies with $29 billion in new taxes advanced in the Senate on Tuesday, targeting the money to energy conservation, wind turbines, electric hybrid cars and clean coal technology.
The massive tax package, double what Democrats had discussed as recently as last week, is “designed to promote clean and sustainable energy,” said […]