Blogs

5th June 2011

18 Greenpeace Activists Climb on Oil Rig

Posted by blogwriter

Police on Saturday June 3, 2011 arrested 18 Greenpeace activists who climbed aboard an oil rig off Greenland's coast to protest deepwater drilling in the Arctic.

The rig is operated by the Scottish oil group Cairn Energy and drilling has temporarily been suspended due to the protest. Cairn last month won permission to drill up to seven oil exploration wells off the Arctic island's west coast. Read more »

1st June 2011

Marcellus Shale Drilling Creates 48,000 Jobs

Posted by blogwriter

Nearly 48,000 people have been hired in the last year by industries related to drilling in the Marcellus Shale, and 71 percent of those people were Pennsylvania residents. Nine thousand of them were hired in the first three months of 2011.

The average salary was higher than the statewide average.

And the rate of hiring is accelerating.

While there has been much talk of the economic impact of the Marcellus, most of it has been anecdotal, until the Department of Labor and Industry quietly published its most up-to-date hard numbers about two weeks ago. Read more »

30th May 2011

Facts to be Considered when Selling Mineral Rights

Posted by blogwriter

What are some factors that need to be considered when selling my minerals? Read more »

29th May 2011

The Boom of New Oil Drilling

Posted by blogwriter

Companies estimate that the boom from new oil drilling will create more than two million new jobs, directly or indirectly, and bring tens of billions of dollars to the states where the fields are located, which include traditional oil sites like Texas and Oklahoma, industrial stalwarts like Ohio and Michigan and even farm states like Kansas. Read more »