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Colorado lawmakers weigh dramatic overhaul of oil drilling laws

2 weeks ago DieselGasoil Comments Off on Colorado lawmakers weigh dramatic overhaul of oil drilling laws
By Catherine Traywick on 3/6/2019 DENVER (Bloomberg) — A proposal to overhaul Colorado’s drilling laws had its first hearing yesterday, pushing the bill one step closer to a vote by the Democrat-controlled state legislature. The legislation, supported by Governor Jared Polis, would significantly change the way drilling is permitted and amend elements of state law Read More

Oil crash is over, but debt is still piling up in the Gulf

1 month ago DieselGasoil Comments Off on Oil crash is over, but debt is still piling up in the Gulf
By Zainab Fattah on 2/14/2019 NEW YORK (Bloomberg) — The oil crash came and went but the debt pile it left across the Gulf is still growing, leaving the region’s energy-dependent economies more vulnerable next time a crisis strikes. All but debt-free before crude prices nosedived in 2014, many Gulf governments tried to borrow their way Read More

StormGeo, DNV GL merge to create fleet performance management solution

1 month ago DieselGasoil Comments Off on StormGeo, DNV GL merge to create fleet performance management solution
2/10/2019 Photo: Trond Hodne, senior V.P., DNV GL – Maritime and Per-Olof Schroeder, CEO, StormGeo. OSLO — StormGeo and DNV GL have announced that they have signed an agreement to consolidate their fleet performance solutions under one banner. The agreement will combine DNV GL’s ECO Insight and Navigator Insight solutions with StormGeo’s FleetDSS and ship Read More

Germany to restrict Facebook's data gathering activities

1 month ago DieselGasoil Comments Off on Germany to restrict Facebook's data gathering activities
BONN, Germany (Reuters) – Facebook has been ordered to curb its data collection practices in Germany after a landmark ruling on Thursday that the world’s largest social network abused its market dominance to gather information about users without their consent. Andreas Mundt, president of Germany’s Federal Cartel Office addresses a news conference presenting findings of Read More

Activist group challenges Colorado mineral rights law

2 months ago DieselGasoil Comments Off on Activist group challenges Colorado mineral rights law
HOUSTON (Reuters) – A Colorado activist group this week filed a lawsuit challenging a state law that allows oil and gas companies to drill a property owner’s minerals without consent of the owner. The move is the latest effort by environmental activists to tighten drilling regulations in the fifth largest oil producing state in the Read More