From GlobalData today:
FOR IMMEDIATE RELEASE
Pemex Monopoly Could Deter New Competitors from Entering Mexico’s Downstream Oil Sector, says GlobalData Analyst
LONDON, UK (GlobalData), 9 July 2014 - Despite the imminent phased introduction to a fully deregulated market, new companies wishing to enter Mexico’s downstream oil space will have a difficult time overcoming the existing monopoly held by state-owned Pemex, according to an analyst with research and consulting firm GlobalData.To read more or comment...
The Ohio Department of Natural Resources has settled a lawsuit by anti-fracking actrivists over access to public records involving two injection wells in Athens County.
Click here to read the full story from the Athens News.To read more or comment...
A recent but interesting article from Bloomberg News:
By Isaac Arnsdorf
Even in a business whose lifeblood is borrowing, Magnum Hunter Resources Corp. (MHR) stands out.
The Houston-based shale driller owes $891 million -- about 70 times more than its earnings before interest, taxes, depreciation and amortization, or Ebitda, in the past year, according to data compiled by Bloomberg. The industry average is 4.3.To read more or comment...
Pennsylvania is considering new drilling rules to guard against earthquakes like those that were recorded last spring at a drilling site in Ohio's Mahoning County.
Pennsylvania is looking at new rules on drilling in what is being called "seismic hazard areas" where hydraulic fracturing or frackiing could trigger quakes like happened in Ohio.
Click here to read Tuesday's story by the Pittsburgh Post-Gazette.To read more or comment...
From Bloomberg News on Monday:
By Zain Shauk
Squinting into a laptop perched on the back of his pickup, Austin Holland searches for a signal from a coffee-can-sized sensor buried under the grassy prairie.
Holland, Oklahoma’s seismology chief, is determined to find the cause of an unprecedented earthquake epidemic in the state. And he suspects pumping wastewater from oil and gas drilling back into the Earth has a lot to do with it.To read more or comment...
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.