Exploration

Natural Power Concepts has submitted two new oil spill remediation technologies for dealing with the Gulf of Mexico spill.

BG group has confirmed the presence of light oil in its Tupi Alto well in the Santos basin, reinforcing estimates that there could be up to 8 billion bbls of light oil and gas in the Tupi reservoirs.

Samson Oil & Gas is to sell of part of its Goshen county assets to finance development of their other assets in Goshen County, Williston Basin and the Gulf coast onshore basin.

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Rodinia Oil Corp. (Rodinia) has been awarded two new petroleum exploration permit applications (EPAs) by the State of Western Australia.

Biomass now accounts for 32% of Sweden’s energy needs, having surpassed oil in 2009, putting Sweden firmly on target to meet its renewable energy commitments in 2020.

Amazonian groups have accused Chevron of attempting to sabotage the court proceedings to decide a final settlement for environmental damage claims.

Acergy and Subsea 7 have agreed to combine in order to create a world-leading company and provide better services to their clients.

The two companies have signed a deal worth US$ 400 million to exploit the Eagle Ford Shale, in which Hilcorp already own 100,000 acres.

New report says Britain could cut greenhouse gas emissions to zero by 2030, creating hundreds of thousands of new jobs and regaining energy security.

The European Center for Energy Security Analysis provide an overview of the challenges facing Europe as it attempts to diversify its gas supply to ensure energy security.

US Energy Secretary Steven Chu sent the following letter to Senator Richard Lugar on 9th June regarding Senator Lugar’s ‘Practical Energy and Climate Plan Act of 2010’.

BP’s projected liabilities for the Gulf spill dwarf those of Chevron over its toxic dumping in Ecuador.

Speaking in China, ExxonMobil’s Senior Vice President outlined the need for stronger partnerships and the use of cutting edge technology in the energy industry to access new reserves.

BP has announced that it supports the US government's decision to proceed with the construction of six sections of the Louisiana barrier islands. The company will fund the estimated US$ 360 million it will cost to construct the six sections.