Latin America's goal for energy independence is tied to its offshore oil and gas reserves. Experts from the illustrious O&G LA 20 committee believe that the offshore sector will become even more important in the future as the industry shifts to deeper waters.
Fred H Bartlit, the chief investigator for the National Commission on the BP Deepwater Horizon Oil Spill, has sent a letter to the commission outlining some of the preliminary results learned from an analysis of the cement used in the Macondo well.
Arch Coal Inc. has announced a 42% growth in revenue for Q3 2010 at US$ 2.35 million compared to US$ 1.85 million in the corresponding period of last year. The results have been attributed to more favourable coal market conditions and the acquisition of Jacobs Ranch mine into its Black Thunder operations.