Image - Job Losses from Coal Closures Dwarf Gains from Wind Industry

Job Losses from Coal Closures Dwarf Gains from Wind Industry

As the Environmental Protection Agency (EPA) threatens to shut down vast amounts of coal power plants, the federal government continues to shower renewable energy producers with billions of dollars in subsidies and tax incentives. Despite claims from the wind industry itself that is it now cost competitive, Sen. Grassley (R-IA) recently sent a letter to Sen. Hatch (R-UT), Chairman of the Senate Finance Committee, urging him to extend the Producti...

Oil and Gas - Jul 28, 2015


Image - Propell Technologies Announces JV With Technovita to Develop and Sell Plasma Pulse Well Treatment in North America

Propell Technologies Announces JV With Technovita to Develop and Sell Plasma Pulse Well Treatment in...

Propell Technologies Group, Inc. (OTCQB: PROP) (the "Company"), the U.S. provider of a plasma pulse based enhanced oil recovery technology, today announces that its wholly owned subsidiary, Novas Energy (USA), Inc., has entered into an agreement with Technovita Technologies USA, Inc. ("Technovita") to form Novas Energy North America, LLC, a newly formed Delaware entity (the "Joint Venture" or "JV"). Propell will invest $1.2 million for a 60% j...

Oil and Gas - Jul 29, 2015


Image - Total sells minority interests in West of Shetland fields for GBP565 M

Total sells minority interests in West of Shetland fields for GBP565 M

Total has signed an agreement to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited Ltd for £565 million (around $876 million), subject to the customary approvals. “The sale of these minority interests is aligned with Total’s portfolio management strategy and target of divesting $5 billion of assets in 2015. It allows us to capit...

Exploration - Oil and Gas - Jul 29, 2015




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