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Gas production highest in N.Y.’s history
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 Dogs try to stake out own path on energy
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 adopts National Instruments LabVIEW to improve oil and gas exploration
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 [...]
Oil and gas industry pumps $22.9 billon into economy
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 [...]
Oil, gas fuel Colorado economy
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 [...]
Senate advances $29 billion in taxes for oil companies to pay for renewable energy
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 [...]
Canadian firm hopes to reopen old mine
Halfway up a stone-strewn hillside, Rob Wetzel picks up a fist-sized rock glittering in the morning sun.
“Quartz monzonite,” he says. “Those sparkles are copper minerals.”
Towering 200 feet above Wetzel are the remains of the Engels Mine processing plant, which produced 161 million pounds of copper from 1915 until 1930. Below him, Lights Creek cascades out [...]
Pan African Mining Corp.’s Sakoa South Coal Project Greenlighted by Malagasy Government
PAN AFRICAN MINING CORP. is pleased to announce that it has now received full environmental permitting from the Malagasy Government to commence exploration and development of its interests in the Sakoa South Coal deposit. The Company holds Research Permits covering 64 squares, which represents an area of approximately 400 sq. km., in Southwest Madagascar. It [...]
Control oil well-ness and gas
Ailing residents believe nearby oil and gas drilling is to blame for their conditions, but proof of any link remains elusive.
Dry Hollow – Dee Hoffmeister awoke at 3 a.m. early in March with her head spinning. The oversized red numbers on the alarm clock were a blur. She couldn’t get out of bed without her [...]
