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Opinion: Political Climate Shifting Against The Oil And Gas Industry

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Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important. billion in 2014.

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BOEMRE releases study on incorporating climate effects into oil-spill risk analysis for Arctic

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The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) released a new report evaluating how climate change may affect the environmental conditions measured and used in mathematical modeling for oil-spill trajectory analysis in the Arctic region. —BOEMRE Director Michael R. Resources.

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Arctic oil on life support

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Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. Shell’s mishaps have been well-documented. by Nick Cunningham for Oilprice.com.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

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Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

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Oil palm supplies more than 30% of world vegetable oil production. The study, published as an open access paper in the journal Nature Climate Change , shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions.

Oil 273
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Eight energy majors commit to reduce methane emissions within natural gas industry

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The commitment was made as part of wider efforts by the global energy industry to ensure that natural gas continues to play a critical role in helping meet future energy demand while addressing climate change. —Mark Radka, Head of UN Environment’s Energy and Climate Branch.

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Study Finds That Clean Cars and Climate Policy Can Create Jobs

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The study offers two main insights on the nature of clean energy jobs in the automobile sector: First, the paper documents that saving oil will directly create good jobs by driving demand for specific additional manufactured components. Driving Growth: How Clean Cars and Climate Policy Can Create Jobs.

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