Posts Tagged ‘conservation’

Enviro groups sue California over fracking

by on October 16, 2012 8:31 pm BST
The lawsuit accuses the regulator, the California Department of Conservation's division of oil, gas, and geothermal resources, with failing to evaluate the risks, even though fracking was used for 600 wells in the state last year, Reuters reported.Fracking, or pumping chemical-laced water and sand into a well to open

ConocoPhillips to quit Peru block pair

by on October 5, 2012 1:37 pm BST
US supermajor ConocoPhillips has decided to quit two blocks in Peru’s Maranon Basin where conservation areas were declared over part of the acreage after the licences were awarded.The move comes just weeks after Canada’s Talisman Energy said it would quit the same blocks and two others in a move

Athabasca inks $4bn oil sands deal with Kuwait

by on August 31, 2012 5:48 pm BST
Athabasca said on Friday that it had signed a letter of intent with Kuwait Petroleum that "contemplates a joint venture" involving the Canadian company's Hangingstone and Birch properties.Earlier on Friday, the Globe and Mail newspaper reported that the two companies had signed a memorandum of understanding this month, citing

Canada group urge pipeline scrutiny

by Forex Rooton July 12, 2012 10:53 pm BST
In an open letter to Alberta Premier Alison Redford, the groups demanded a speedy investigation into pipeline integrity so people in the country's largest oil-producing region can be assured that their communities and drinking water are safe, Reuters reported."The time for leadership on pipeline safety is now, and