Apostolos Lemonidis

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Climate change brings needed rain to Africa

Climate change has been going on since the beginning of time, but has been the source of intense debate in recent years. In the case of the Sahel area of Africa, climate change means 4 more inches of desperately-needed rainfall per year than in the past, according to a new study by climatologists …

California governor declares state of emergency after oil slick spreads off coast

An oil spill from a ruptured onshore pipeline that fouled beaches and threatened wildlife along a scenic stretch of the California coast spread across 9 miles of ocean Wednesday and officials said up to 105,000 gallons may have leaked out.<p>Up to a fifth of that amount -- 21,000 gallons -- reached …

Obama administration proposes ageing gas pipeline plan

The Obama administration has proposed spending as much as US$3.5 billion to replace ageing natural gas pipelines nationwide.<p>The announcement, …

Giant Gas Pipeline to Flank NY Nuclear Plant

A very large gas pipeline will soon skirt the Indian Point Energy Center (IPEC), an aging nuclear power plant that stands in the town of Cortlandt in Westchester County, New York, 30 miles north of Manhattan. The federal agencies that have permitted the project have bowed to two corporations -- the …

Gas and Oil Pipelines Regulated by Absentee Agency

Who watches the nation’s vast and rapidly expanding network of gas and oil pipelines? Pretty much no one, it seems.<p>OK, that is not exactly true. The United States has the Pipeline and Hazardous Materials Safety Administration (PHMSA), which is nominally the regulatory body for interstate pipelines, …

Oil & Gas Industry

Obama proposes $3.5 billion gas pipeline overhaul

But Republicans are skeptical about providing the money.<p>The Obama administration on Tuesday proposed spending as much as $3.5 billion to replace aging natural gas pipelines nationwide — a move that comes just as POLITICO published a lengthy investigation of the public safety threat posed by …

Natural Gas

BP To Sell Off Major North Sea Asset As Part Of Survival Strategy

BP, which owns about one-third of one of the biggest gas pipelines in the UK, is selling that stake for $486 million, giving the investment firm …

5 things to know about today’s Northern Gateway oil pipeline decision | Toronto Star

OTTAWA—The federal government unveiled its long-awaited decision Tuesday on the Northern Gateway pipeline after the markets closed.<p>If all conditions …

Five takeaways from State Department’s review of the Keystone XL pipeline

The State Department has finished its massive environmental review of the controversial Keystone XL pipeline, which would carry oil from the tar sands of Alberta, Canada, down to Steele City, Nebraska, where it would move on to refineries on the Gulf Coast.<p>Bottom line: The report concludes that …

Canada's economy is a disaster from low oil prices

Low oil prices are threatening the health of Canada's oil and gas sector, which in turn, is causing turmoil in Canada's economy as a whole.<p>The fall in oil prices is forcing billions of dollars in spending reductions for Canada's oil and gas industry. In February, Royal Dutch Shell (RDSA) shelved …

Oil

UPDATE 7-Brent at 4-1/2 month high; U.S. crude up for sixth week | Reuters

* Saudi-led coalition continues Yemen bombings, driving Brent up<p>* U.S. crude down on day but up for 6th straight week<p>* Producers, Wall Street at odds over price recovery (Recasts with settlement prices, paragraphs 5-6)<p>By Barani Krishnan<p>NEW YORK, April 24 (Reuters) - Oil prices diverged on Friday, …

Oil

Commentary – ARC Financial Releases: The Fiscal Pulse of the Oil and Gas Industry, First Quarter 2015 | ARC ENERGY RESEARCH INSTITUTE

CALGARY, Alberta (April 23, 2015) – ARC Financial updated its proprietary fiscal pulse model to reflect the economic health of Canada’s upstream oil …

US Oil Production May Not Drop In Earnest Until 2016

Readers are keen to know when US oil production will begin to fall. This is not an easy question to answer but in the comments to last week’s rig …

Oil industry to push back against ‘fear’ | Toronto Star

As part of that effort, Black is setting up panels of speakers in front of business audiences in major cities across the country, starting in …

Oil Well Completion Backlog Could Weigh on Crude Prices for Years

Crude oil prices rose nearly 3% on Thursday as traders bid barrels higher following more reports of lower U.S. rig counts and more airstrikes against …

OPEC Increases Oil Production Massively

<b>The Organisation of Petroleum Exporting Countries (OPEC) has increased production of crude oil by 810,000 barrels per day, this is according to the</b> …

International News | Latest World News, Videos & Photos -ABC News - ABC News

Sneak peek of Markle, Harry's wedding cake<p>Trump: 'Nothing has changed on North Korea that we know of'<p>A missed flight leads to charges for one …

Royal Weddings

On 5th Anniversary Week of BP Disaster -- Another Oil Industry Trick to Keep America Addicted to Oil

On this fifth anniversary week of the disastrous BP oil spill into the Gulf of Mexico, it becomes clearer and clearer that oil spills are just the tip of the iceberg when it comes to damage the oil industry is doing to our one and only planet.<p>The Gulf -- and its economy -- is still recovering from …

North Sea jobs at risk as oil firm reveals plans to mothball rigs

<b>More North Sea jobs are at risk as a leading oil and gas company reveals plans to mothball rigs.</b><p>Rowan Drilling has warned employees it could be …

Oil & Gas Industry

Why the strategy of oil companies is doomed to failure

<i>Oil companies like Shell have unique skills that make them ideally placed to help build the energy world of the future. Yet they seem unable to look</i> …

Activists Are Fighting to Get Big Oil's Money Out of Britain's Cultural Institutions

Many feel that it's morally and ethically reprehensible for some of the UK's most famous museums to be sponsored in part by companies like BP.<p><i>This article originally appeared on VICE UK.</i><p>It's no coincidence that artist and campaigner Mel Evans published her book <i>Artwash: Big Oil and the Arts</i> on April …

How To Spot An Undervalued Oil Company

Oil executives have been making headlines recently, due to large purchases of their own company’s stock. In fact, insider buying in the oil industry …

Report Links Earthquakes in the U.S. With Oil Drilling Practices

Back in 2000, Oklahoma had a total of 29 earthquakes, all with relatively low magnitudes. In 2014, there were more than 5,400 earthquakes in the …

Oil

Oil and Gas 'Do Cause Earthquakes'

Why Seadrill Could Be a Big Winner in Offshore Drilling

Competitors are stacking and retiring rigs, which could leave Seadrill in a better position in the future than it was a year or two ago.<p>The drop in …

Oil & Gas Industry

The best big oil argument you’ve never heard

Ezra Levant, part of <i>Sun News</i> and cofounder of the Rebel Dot Media in Canada joined Glenn on radio Friday morning to discuss the void that America is …