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Author Archives: Ben Karkela

24 dead in Mexico petrochemical plant blast, 8 still missing

24 dead in Mexico petrochemical plant blast, 8 still missing

COATZACOALCOS, Mexico (AP) — The death toll from an explosion that ripped through a petrochemical plant on Mexico’s southern Gulf coast is now 24, state oil company Petroleos Mexicanos reported. Pemex raised the toll late Thursday from the 13 fatalities previously known and said eight workers remained missing. It also said 19 people remained hospitalized, with 13 of them in ...

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Feds: No nuclear waste to be used in possible South Dakota test

PIERRE, S.D. (AP) — Organizers of a federal effort to assess whether nuclear waste can be stored in 3-mile-deep holes are trying to better explain their intentions to South Dakota residents after getting rebuffed in North Dakota over concerns that waste might eventually be stored there. Battelle, a nonprofit group hired to manage the U.S. Department of Energy project, is ...

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North Dakota oil patch trash clean-up effort to begin

BISMARCK, N.D. (AP) — The North Dakota Petroleum Council’s annual Pick Up the Patch campaign is slated to begin in Minot and New Town on Friday. The effort is aimed at cleaning up garbage that’s littering the oil patch in western North Dakota. It’s being organized by community leaders and oil and gas companies operating in the area. Similar clean-up ...

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US stocks edge mostly higher as oil prices bounce back

U.S. stock indexes edged mostly higher in early trading Friday as rising oil prices pushed energy companies higher. Technology companies were the biggest laggards as Microsoft and Google parent Alphabet declined on disappointing earnings. Investors pored through the latest batch of earnings from big companies, including McDonald’s, American Airlines Group and General Electric. KEEPING SCORE: The Dow Jones industrial average ...

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Schlumberger cuts more jobs in first quarter

Schlumberger cuts more jobs in first quarter

Schlumberger slashed another 2,000 jobs in the first quarter as the energy industry navigates turbulent market conditions. The company’s global workforce now numbers about 93,000, according to Schlumberger spokesman Joao Felix. “The decline in global activity and the rate of activity disruption reached unprecedented levels as the industry displayed clear signs of operating in a full-scale cash crisis,” Chairman and ...

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NARO and ShaleCast announce alliance to educate shale owners

NARO and ShaleCast announce alliance to educate shale owners

April 20, 2016 (Chicago, Illinois) – The National Association of Royalty Owners (NARO) and ShaleCast.com today announced an alliance to assist landowners participating in the shale revolution. “We believe this platform can be a game changer for the millions of royalty owners generated by the shale boom,” said Jerry Simmons, executive director of NARO. Simmons added, “For nearly 40 years, NARO ...

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New Mexico land commissioner opposes flaring rules

SANTA FE, N.M. (AP) — New Mexico State Land Commissioner Aubrey Dunn isn’t a fan of the Obama administration’s plan to clamp down on oil companies that burn off natural gas on public land. Dunn announced Thursday that his office has submitted comments in opposition of the proposed venting and flaring regulations. Dunn says a committee was formed in New ...

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Group sues Interior Department over deep-sea well permits

Group sues Interior Department over deep-sea well permits

NEW ORLEANS (AP) — An environmental group sued the Interior Department on Wednesday for what it called the “fast track” permitting of potentially dangerous oil and natural gas wells in offshore waters. The action came on the sixth anniversary of the nation’s largest offshore oil spill. The federal lawsuit, filed by the California-based Center for Biological Diversity in Washington, D.C., ...

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