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Tag Archives: oil and gas drilling

Trump uses energy speech to outline general election pitch

Donald Trump energy speech

BISMARCK, N.D. (AP) — Presumptive Republican presidential candidate Donald Trump unveiled an “America first” energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy sources to push the United States toward energy independence. But the speech, delivered at the annual Williston Basin Petroleum Conference in Bismarck, North Dakota, went far beyond energy, as Trump ...

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US rig count drops 9 this week to 406, another all-time low

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. dropped by nine this week to 406, another all-time low amid depressed energy prices. A year ago, 888 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday 328 rigs sought oil and 86 explored for natural gas. One was listed as ...

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Schlumberger reduces workforce by 2,000 in first quarter

HOUSTON (AP) — Schlumberger NV trimmed its workforce by about 2,000 to 2,500 people in the first quarter as the company’s profit slumped 49 percent amid the continuing slump in oil and gas drilling. The company said in a news release that its workforce, which started the year at 95,000, ended the first quarter on March 31 with 93,000 employees. ...

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Sanders criticizes Clinton record on fracking

The Latest: Sanders criticizes Clinton record on fracking

WASHINGTON (AP) — The Latest on campaign 2016 (all times Eastern Daylight Time): 11:05 a.m. A swing through upstate New York is providing Bernie Sanders with a fresh opportunity to contrast himself with Hillary Clinton on fracking — an oil and gas drilling method that’s been banned in the state. In a lengthy riff at a rally in Binghamton, New ...

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Florida Senate committee rejects fracking bill

TALLAHASSEE, Fla. (AP) — A bill that would study and create regulations for fracking is all but dead after a Florida Senate committee rejected it. The Senate Appropriations Committee narrowly voted against the bill. It was then kept alive on a procedural move. Opponents’ concerns about the environment and measures that wouldn’t let local governments ban the method of oil and ...

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Bill to open the door to fracking in Florida moves forward

TALLAHASSEE, Fla. — Florida could be opened up to fracking under a bill that would require the Department of Environmental Protection to study and set regulations for the method of oil and gas drilling. A House committee voted 9-3 to approve the bill Wednesday despite strong opposition from environmentalists who said fracking could contaminate drinking water and cause health problems. ...

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Shell closing Franklin Park office next year

Royal Dutch Shell plans to close its Franklin Park office next summer and move most of the 180 workers involved in gas and oil drilling there to its U.S. headquarters in Houston. The move is the latest sign of retrenching among top Marcellus shale gas producers as prices remain at three-year lows because of tepid demand and oversupply. Shell announced ...

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US rejects protections for greater sage grouse across West

BILLINGS, Mont. — The latest on the decision not to give the greater sage grouse federal protections (all times local): 7 a.m. The U.S. Interior Department says the greater sage grouse does not need federal protections across its 11-state Western range after some limits were put on energy development and other activities. Tuesday’s announcement signals that the Obama administration believes ...

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Alberta to keep oil, gas royalty framework to end-2016

CALGARY, Alberta – Alberta’s oil and gas royalty framework will remain in place until the end of 2016, Energy Minister Marg McCuaig-Boyd said on Friday, as she gave details on a review of the scheme for the province’s new left-leaning New Democrat government. McCuaig-Boyd said royalty rates paid by oil and gas companies will not change until 2017, which will ...

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Camanche plant plans to idle operations

CLINTON — TMK Ipsco will “temporarily” cease operations by the end of September in Camanche. Roger Bentley, public relations spokesman, announced Friday that 43 employees, the only remaining employees at the Camanche location, were notified Thursday of a “permanent layoff,” citing a decrease in oil and natural gas drilling as the primary cause. He went on to say that while ...

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