SAN FRANCISCO, Dec 23 From Daffy to Donald, the animation studios of Southern California have long portrayed ducks as just for laughs, but a graphical incarnation of the bird making the rounds in the state's power sector is being taken very seriously indeed.
Dec 12 NuScale Power LLC, a nuclear technology firm majority-owned by Fluor Corp, said on Thursday it had secured U.S. Department of Energy funding to develop small nuclear reactors just over a year after missing out in a previous award round.
SAN FRANCISCO California regulators said on Friday an enhanced monitoring regime for oil and gas production that is part of the state's new fracking regulations would shore up groundwater protection, a top concern in the growing state.
Nov 7 Transocean Ltd, the world's largest offshore drilling contractor, is going through a "painful" process to reduce onshore expenses and expects to see a drop in costs next year as a result, executives said.
Transocean Ltd , owner of the world's largest offshore drilling fleet, reported on Wednesday a larger-than-expected third-quarter profit due to increased demand for its rigs and higher rates, sending its shares up 2 percent.
Halliburton Co on Wednesday increased its dividend by 20 percent as the oilfield services company laid out plans to boost North American profit margins by 2 percentage points next year through cost reductions alone.
HOUSTON North American energy companies are expected to spend 10 percent more next year as they drill shale wells requiring bigger hydraulic fracturing jobs in order to maximize recovery of oil and gas, a U.S.-based portfolio manager said on Tuesday.
HOUSTON North American energy companies are expected to spend 10 percent more next year as they drill shale wells requiring bigger hydraulic fracturing jobs in order to maximize recovery of oil and gas, a U.S.-based portfolio manager said on Tuesday.
Weatherford International will cut its debt by up to $5 billion in the next two years as it boosts cash flow and divests assets, the oilfield services company's CEO said on Tuesday.
Weatherford International will cut its debt by up to $5 billion (£3,115,847,198.85) in the next two years as it boosts cash flow and divests assets, the oilfield services company's CEO said on Tuesday.
The number of people killed in a powerful cyclone and flooding in Mozambique has risen above 200, more than doubling the country's death toll from a storm that could rank as one of the worst weather-related disasters in the southern hemisphere.