Image - Reconsider Oil and Gas Rule

Reconsider Oil and Gas Rule

 In a letter to petitioners today, EPA announced the agency’s intent to grant a reconsideration of the Oil and Gas New Source Performance Standards for New, Reconstructed, and Modified Sources Rule (NSPS Rule/Methane NSPS/Oil and Gas Rule/0000a), and stay a June 3 compliance date for 90 days, as EPA takes public comments. “EPA is continuing to follow through with President Trump’s Energy Independence Executive Order,...

Oil and Gas - Apr 19, 2017


Biosynthetic Technologies Selects WorleyParsons for Bio Base Oil Project in Texas

BT produces a patented lubricant base oil first developed by the US Government that is not only known for its performance characteristics but also its environmental benefits. When used in motor oil, BT’s products showed reduced levels of varnish and received some of the highest cleanliness ratings possible after a 150,000 mile field trial. BT’s efforts have resulted in what is considered a leading technology in the lubricant sector...

Oil and Gas - Apr 20, 2017


Image - California Resources Corporation and Macquarie Announce Joint Venture to Invest up to $300 Million in Oil & Gas Properties

California Resources Corporation and Macquarie Announce Joint Venture to Invest up to $300 Million i...

California Resources Corporation and Macquarie Infrastructure and Real Assets announced today that they have formed a strategic joint venture in which MIRA has committed to fund $160 million for the development of oil and gas properties in California, with a focus on development opportunities in the San Joaquin Basin. Subject to the discretion of the parties, MIRA may increase its total investment to up to $300 million. "We are attracted to C...

Oil and Gas - Apr 19, 2017




zpsk