By James Burgess Emerging oil and gas technology company FalconRidge Oil Technologies Corp. has announced the full commercialization of the third generation of a revolutionary new technology that revitalizes ‘dead’ wells and is poised to become the leading alternative to hydraulic fracturing. On 22 October, FalcronRidge (OTCQB:FROT) said its third-generation Terra Slicing Technology (“TST™”) for […]
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MRT By Joseph Basco AUSTIN — Though nothing new was uttered at the daylong Texas Tribune shale boom symposium on Friday, it reinforced how the economic stimulation and job creation from shale drilling has also brought along a slew of infrastructure problems and environmental concerns. The symposium brought out representatives from the Eagle Ford Shale […]
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Trefis by Trefis Team A few days ago Chesapeake Energy announced the sale of non-core assets in its Marcellus and Utica shale plays to Southwestern Energy for $5.4 billion. [1] As part of this sale, the company will divest over 400,000 acres and about 1,500 wells in Western Virginia and Southern Pennsylvania and generate cash […]
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By Katie Colaneri and Susan Phillips An environmental group has filed a lawsuit challenging the Corbett administration’s plan to lease more state park and forest land for oil and gas development. The Corbett Administration lifted a moratorium on new leases in state parks and forests with an executive order last May to help plug a budget gap. The […]
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Fuel Fix by Rhiannon Meyers Chevron shrugged off a crude price plummet in the third quarter, posting a 13 percent increase in profits as its U.S. refineries took advantage of cheaper feedstock and better reliability. The second-largest U.S. oil company pumped less and sold its oil for a much lower price as oil prices plunged […]
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Akron Beacon Journal Exploring deep and ultra-deepwater areas could boost Trinidad and Tobago’s (T&T) oil and gas industry, which has $6.2 billion of investment planned over the next two years, helping to offset the government’s apparent move away from an energy-dependent economy, says an analyst with research and consulting firm GlobalData. According to Effuah Alleyne, […]
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Pittsburgh Post Gazette By Debra Duncan The race for state representative in the 57th District in central Westmoreland County is between two attorneys — the incumbent with a background in corporate law versus an attorney with experience in prosecuting and defending clients. State Rep. Timothy Krieger, 53, the three-term Republican incumbent from Delmont, is being […]
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