A round-up of oil patch news. Who’s drilling? Who’s putting crews together? Find out here.
New fracking regulations upset just about everybody
Environmentalists and industry representatives are criticizing new draft regulations on hydraulic fracturing, a controversial drilling method that has helped spark an oil and gas boom. The shared discontent reflects the complexity of the debate surrounding hydraulic fracturing and natural gas use.
Drilling ?has 10,000 jobs potential?
Ireland?s burgeoning offshore oil and gas industry has the potential to produce between 10,000 and 15,000 jobs per year and substantially increase the exchequer?s annual corporate tax take; but only if some existing barriers to entry for overseas players are removed, according to a new report.
‘Fracking’ supporters say Ill. bill ready for vote
Supporters of high-volume oil and gas drilling said Wednesday that they hope for a quick vote on a bill to regulate the practice in Illinois after reaching agreements on hiring and environmental concerns. …
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