Archives for 2016
How Louisiana’s sinking coast is becoming Big Oil’s $100 billion nightmare
From 5,000 feet up, it’s difficult to make out where Louisiana’s coastline used to be. But follow the skeletal remains of decades-old oil canals, and you get an idea. Once, these lanes sliced through thick...
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Can sewage sludge replace coal at power plants?
By Anya Litvak Pittsburgh Post-Gazette PITTSBURGH — A Maine company has set its sights on Pennsylvania as a good place to burn poop. Casella Organics, which finds uses for organic wastes that don’t involve shoveling...
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Shale drillers party like it’s 2014 as oil finds bull market
Shale drillers are adding the most oil rigs since crude was worth $100 a barrel as confidence that OPEC may finally agree to freeze output pushed futures into a bull market. U.S. producers have put...
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Market Currents: North Sea, Nigeria oil exports falling
As we truck on into the weekend, oil has turned lower after six consecutive days of rallying. (Only another 5.5 weeks until potential freeze talks in Algeria…). Later we get the latest CFTC data to...
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Exxon, Chevron, Hess agree to joint bid for Mexico offshore reserves
Exxon Mobil Corp., Chevron Corp. and Hess Corp. have agreed to bid together for rights to drill for crude in Mexico’s deepwater oil areas, according to a person with direct knowledge of the plans. The...
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