KKR and Hilcorp form partnership to exploit Eagle Ford Shale
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.
Exploration
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Zero Carbon Britain 2030
New report says Britain could cut greenhouse gas emissions to zero by 2030, creating hundreds of thousands of new jobs and regaining energy security.
Interview by European Center for Energy Security Analysis (ECESA) Pt. 2.
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.
Practical Energy and Climate Plan Act of 2010
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 liabilities dwarf Chevron’s
BP’s projected liabilities for the Gulf spill dwarf those of Chevron over its toxic dumping in Ecuador.
Technology and partnerships essential to meeting new energy demand growth
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 will fund construction of six sections of Louisiana barrier islands
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.
A natural tool to tackle oil spills?
Marine bacteria could be the key to cleaning oil spills in the sea, without further damaging the environment by using chemicals, according to microbiologists at Bangor University.
Will BP succumb to a takeover bid?
There are many pros and cons to taking over BP when it is vulnerable, but at the moment, the cons appear to outweigh the pros.
Gulf of Mexico oil spill - the next step
With ‘top kill’ operations failing to overcome the flow from the well, the next strategy is to deploy a lower marine riser package cap containment system.
The National Ocean Industries Association responds to the moratorium on drilling activities
The association has revealed the long-term economic effects of the drilling moratorium.
New UK energy bill
New energy bill announced: green focus plus help for North Sea production.
Kevin Costner’s Waterworld leads to help in Gulf oil spill
Hollywood actor Kevin Costner has announced that he intends to implement a machine that he has been developing for 15 years in the massive oil clear up efforts in the Gulf of Mexico.
Gulf of Mexico forecast
Why the Gulf of Mexico is one of the few bright spots in the North American oilpatch.
Schlumberger inaugurates new technology facility in Norway
Schlumberger has inaugurated a new technology facility in Norway called The WesternGeco Oslo Technology Center (WOTC).