- Report: No Reason to Stop UK Shale Gas Exploration
Government-appointed panel recommends that fracking should proceed but recommends seismic mitigation measures.
- Studies: Oil Safety Weak Two Years After BP Spill
Offshore drilling safety and oversight is still lacking two years after the massive BP oil spill sullied the U.S. Gulf Coast, two recent reports found.
- Chesapeake Oilfield Plans IPO Of Up To $862.5M
Chesapeake Energy’s oilfield services business filed plans to go public as a separate company that would remain closely tied to its founder and main customer.
- Gas from Coal: Europe’s Opportunity
Can coalbed methane and coalmine methane make as big a contribution to Europe’s natural gas production as CBM has in the U.S.? Rigzone takes a look.
- Rigzone Reader: HAE Needs More Oversight in US
As the two-year anniversary of the Deepwater Horizon incident approaches, a Rigzone reader provides his thoughts on the importance of Hazardous Area Equipment (HAE) in relation to the Macondo disaster.
- Tax Break for Arctic Drilling, Including Shtokman
President-elect Vladimir Putin outlines a highly favorable tax regime for offshore drilling in the Arctic in an attempt to attract foreign companies.
- Spanish Prime Minister Says YPF Expropriation Unjustified
Spanish Prime Minister Mariano Rajoy said that Argentina’s decision to nationalize YPF SA has no economic justification and damages the understanding between the two countries.
- Obama Calls for Increasing Penalties on Oil Speculators
President Obama called for increasing penalties on oil speculators and boosting oversight of US energy as part of a plan to crackdown on an “irresponsible few” who rig oil markets.
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