Japan to send treated radioactive water into the ocean
Today, Japan will begin a decades-long ...
Today, Japan will begin a decades-long process of releasing treated wastewater from the Fukushima nuclear plant into the Pacific Ocean. Disposing of all the water is expected to take between 30 and 40 years.
Japanese officials say it’s a necessary step to decommission the plant, which was wrecked in the 2011 earthquake and tsunami and suffered a nuclear disaster. For the past 12 years, hundreds of underground tanks have stored roughly 1.34 million metric tons of contaminated water from the nuclear plant and releasing the water into the ocean is considered the most feasible option.
Prairie Operating Co. has exercised an option to purchase undeveloped oil and gas leases and acreage...
Prairie Operating Co. has exercised an option to purchase undeveloped oil and gas leases and acreage in the core of the Denver-Julesburg (D-J) Basin.
Prairie Operating will purchase 20,328 net mineral acres in Weld County, Colorado, as part of an agreement made in May with Oklahoma’s Exok Inc., according to filings with the Securities and Exchange Commission.
The acquisition includes 20,328 net mineral acres.Prairie Operating said the acquisition will be paid with $18 million cash and about $4 million in equity for a total consideration of about $22 million.
Benchmark U.S. crude oilfor October delivery fell 75 centsto $78.89 a barrel Wednesday. Brent crude for October delivery fell 82 cents to $83.21 a barrel.
Wholesale gasoline for September delivery fell 2 cents to $2.77 a gallon. September heating oilfell 1 centto $3.13 a gallon. September natural gasfell 6 cents to $2.50 per 1,000 cubic feet.
U.S. stocks log best day in nearly 2 months amid Nvidia earnings optimism
U.S. stocks saw their biggest gain in nearly two months on Wednesday...
U.S. stocks saw their biggest gain in nearly two months on Wednesday as optimism about Nvidia Corp.’s quarterly earnings, due out after the bell, helped push the tech-heavy Nasdaq into the lead. The S&P 500 SPX gained 48.58 points, or 1.1%, to 4,436.13, according to preliminary closing data from FactSet. The gain marked the index’s best day since June 30, according to Dow Jones Market Data. The Nasdaq CompositeCOMP meanwhile, rose 215.16 points, or 1.6%, 13,721.03, capping off a three-day winning streak and its best session since July 28. The Dow Jones Industrial Average DJIA gained 185.34 points, or 0.5%, to 34,474.17. Also, the S&P 500 managed to snap a streak of 36 consecutive days without a 1% gain,its longest such streak since the 42 trading day streak from July 26, 2021, to Sept. 22, 2021,
Offshore Oil Workers Fall Ill as 115-Degree Heat Sears the US Gulf Coast
Heat-related illnesses are hitting workers on offshore oil and...
Heat-related illnesses are hitting workers on offshore oil and gas platforms as searing temperatures bake the US Gulf Coast.
A rare heat advisory from the Interior Department’s Bureau of Safety and Environmental Enforcement warned offshore oil companies on Tuesday to take extra precautions in the Gulf, including periodic breaks. In a few recent instances, affected workers have been taken to shore for further evaluation, the alert said.
Extreme heat has smothered Texas and Louisiana for weeks. For the nearby offshore production regions, the heat index — a measure of what temperatures feel like when combined with humidity — has reached 100F to 110F (38C to 43C) degrees, said Rich Otto, a forecaster with the US Weather Prediction Center. The water temperature in the Gulf of Mexico has hit 88F in many areas off the coast of Texas and Louisiana, according to the US National Data Buoy Center.