Oil

Shell Ceases Alaskan Exploration Drilling

In a surprising announcement, multinational oil and gas company Shell has announced it has ceased exploration drilling in offshore Alaska. In an announcement made Monday, Royal Dutch Shell (Shell) provided an update on its Alaska exploration activities, specifically the Burger J exploration well, located in Alaska’s Chukchi Sea. Shell revealed … [continued]

The Big Data Future Of US Oil

Originally Published on the ECOreport Lux Research just released a report stating that as prices keep falling, “Big Oil” is increasingly using smarter sensors and “Big Data” to manage risks, cut costs by increasing efficiency, and increase revenues. (Access it here) I recently did a Q&A with Colleen Kennedy, Lux … [continued]

Environmental Groups Threatening To Sue EPA Over Failure To Prevent Fracking-Related Earthquakes In Ohio &…

Presumably, most of you reading this have heard something before about the huge spike in earthquakes throughout many regions where fracking (hydraulic fracturing, as a means of oil/gas extraction) has been used extensively. Well, it’s looks as though there may now be some legal action taken in response to that issue … [continued]