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Tag Archives: oilfields

Colorado’s new, higher oil and gas fines are biting industry

Colorado

DENVER (AP) — Colorado is imposing heftier fines on energy companies as the state struggles to resolve conflicts between growing cities and big oilfields at their doorstep, an Associated Press analysis shows. Regulators say the tougher penalties for breaking health, safety and environmental rules are prompting energy companies to be more careful. Others say it’s too early to call them ...

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North American oil production continues to increase

The world’s largest oil exporters were not pleased with latest news coming from U.S. oil and gas producers: oil production keeps on rising. According to a report by The National, the recent decline in U.S. rig counts is leveling off and domestic production continues to increase. Imports from Canada are on the rise as well. This has resulted in a ...

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Libya says protesters agree to reopen oilfield; no progress in east

Libya

TRIPOLI Jan 2 (Reuters) – Libya hopes to resume production at one of its largest oilfields, El Sharara, within three days after protesters agreed to suspend their two-month stoppage, officials said on Thursday. Tribesmen calling for greater local power have blocked the 350,000-barrels-per-day field since the end of October, one of many disruptions that have crippled Libya’s vital oil sector. ...

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