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Oil & gas news

Fears over Sicilian offshore drilling

Plans to drill for oil and gas in Sicilian waters have met with stiff opposition from local authorities and campaigners.

 

Legacy of the Gulf of Mexico spill

BP has started to scale back its clean-up operations but there is still disagreement about how much more work is necessary.

 

Evonik Power Minerals completes purchase

Evonik Power Minerals has announced the completion of the purchase of the remaining shares in Hargreaves Coal Combustion Products Ltd.

 
 
 
 
 
 

No drilling in Ecuadorian Amazon reserve

Ecuador has pledged not to drill for oil in an area of pristine Amazon rainforest in exchange for US$ 3.6 billion worth of payments.

 

MC252 well finally reaches static condition

BP has announced that the MC252 well appears to have reached a static condition. The well pressure is now being controlled by the hydrostatic pressure of the drilling mud, which is the desired outcome of the static kill procedure carried out.