Stay up to date with the latest news and updates from the oil industry.
Petrobras has completed the drilling of extension exploratory well 3-MA-32A in the Marimbá field, Campos Basin. The amount of recoverable oil has been estimated at 25 million bbls, which will increase Marimbá field's recoverable volume by 27%.
Arch Coal has agreed to lease the 9600 acres of GNP’s coal resources in Otter Creek, southeastern Montana, US. It is reported that the agreement could encourage Gov. Brian Schweitzer to lease adjacent coal tracts owned by the state.
Scottish and Southern Energy has announced that it will submit a planning application to develop the UK’s biggest carbon capture trial facility. The trial, which will be held at its Ferrybridge coal-fired power plant in Yorkshire, England, is planned to begin in 2011.
Marine energy resources around Scotland are the richest in Europe, with the Scottish coast being home to 25% of Europe’s total tidal and offshore wind resources and 10% of its potential wave power.
At its annual Pipeline Integrity Seminar (PIMS), Nace International will focus on how pipeline owners and operators can take advantage of the new PHMSA 80% Rule for pipelines.
As we near the end of 2009, all the energy sectors are starting to show signs of recovery, from nuclear power to renewables, this can be seen in the upsurge in project commissioning.
A new report from the Pacific Research Institute (PRI) explores 10 common myths about energy in America. The aim of the report is to put accurate information into the public domain that might inform those who will be involved in marking up the Clean Energy Jobs and American Power Act in the US Senate.
BP is seeking to bring its advanced technology and deep expertise to the Risha development in Jordan. If its exploration programme identifies commercially producible gas reserves, production could reach several hundred million cubic feet per day.
A report has suggested that alternative energy systems will not be able to completely replace fossil fuels, and a major rethink on the dynamics of the modern world is required to adjust to the changing situation.
The US has imposed anti-dumping measures on Chinese pipes; sparking protectionist row.
This article discusses a new initiative for agencies to join forces to improve business opportunities between UK and Norway.
With a flow rate of more than 30 million ft3/d, Devon Energy believes the Kardell well is the highest rate well ever drilled in the Haynesville Shale.