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European Debt Causes Oil Prices Down 9 Dec 2010 | 10:45 pm
Oil dropped below $90 a barrel this week due to Europe's debt crisis hurting fuel consumption, and after an industry report showed US gasoline supplies surged the most since January. Futures fell a s...
Latin America's Goal for Energy Independence 12 Nov 2010 | 03:19 am
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 impor...
US Gas Prices On the Rise 16 Oct 2010 | 01:06 am
Lord Digby famously quoted that "Demand for oil is going to increase because of the massive expansion of the Chinese and Indian economies." He could not have been more accurate with his prediction. Su...
Seaswarm: A robot to clean up oil spills? 29 Sep 2010 | 07:46 pm
Seaswarm is pretty similar to Ocean Therapy Solutions' device which filters crude oil from sea water, because it is designed to specifically siphon crude oil from sea water at a spill site. Ocean Ther...
BP confirms well is fully sealed 21 Sep 2010 | 01:05 am
BP has finally fully sealed the unruly Macondo well in the Gulf of Mexico, ending months of speculation and anticipation regarding such an outcome. After spewing millions of barrels of oil into the f...
Oil industry must plug old oil, gas wells 16 Sep 2010 | 08:57 pm
In an effort to boost environmental protections and the safety of offshore energy protection the Obama administration has launched plans to plug old oil and gas wells in the Gulf of Mexico. The plans...
Oil reform isn�t cheap: Obama requests funds 15 Sep 2010 | 01:10 am
Following the catastrophe of the Deepwater Horizon rig explosion, where 11 workers died and oil spewed from the stricken well, BP have been digging deep into their pockets in an effort to win back hea...
More robust BOP installed above Macondo well 7 Sep 2010 | 03:11 am
After the removal of the original 300-ton Blowout preventer (BOP) from the Gulf of Mexico, a new, fully tested, and better equipped BOP has been successfully placed above the Macondo well, according t...
BOP could provide clues to disaster 7 Sep 2010 | 12:56 am
The five-storey blowout preventer (BOP) that has been spewing oil from the Macondo well a mile below the surface in the Gulf of Mexico has been brought to the surface, where it will be photographed, v...
How much oil is still in the Gulf? 19 Aug 2010 | 12:28 am
A few weeks ago, the US government said that almost three-quarters of the catastrophic BP oil spill in the Gulf of Mexico had been "cleaned up or broken down by natural forces". However a group of sci...
