Moderate earthquake hits US oil region in west Texas by AFP Staff Writers Washington (AFP) Dec 17, 2022 A magnitude 5.4 earthquake struck an oil-producing region of west Texas on Friday, rattling structures but causing no apparent damage, US authorities said. The earthquake hit at 5:35 pm local time (2335 GMT) 22 kilometers (12 miles) northwest of Midland at a depth of about eight kilometers, the US Geological Survey said. A much smaller tremor of magnitude 3.3 followed three minutes after the first shake, the USGS said. "This would be the 4th strongest earthquake in Texas state history!" the Midland office of the National Weather Service tweeted. While moderate, the earthquake was felt over a large area, from as far north as Lubbock, near the Texas Panhandle, to Odessa, 20 miles southwest of Midland, tweeted Jacob Riley, meteorologist at television station KLBK in Lubbock. Friday's quake came exactly a month after another, slightly less strong, earthquake hit the Pecos area of west Texas, just south of the New Mexico border. It caused no damage.
HSBC bank says to stop funding new oil and gas fields London (AFP) Dec 14, 2022 Banking giant HSBC on Wednesday said it would end financing for new oil and gas fields, a decision welcomed by environmentalists who nevertheless urged greater action from banks and government. In an annual update of its climate transition plans, the London-headquartered bank said it "will no longer provide new lending or capital markets finance for the specific purpose of projects pertaining to new oil and gas fields and related infrastructure". HSBC added in a statement that it was "commit ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |