-
US president Barak Obama has tightened regulations on the oil industry as he responds to environmentalists over air pollution concerns.
The president was careful not to tread on the oil and gas companies too much, however, providing concessions in return for pollution cooperation. Many of...
Fuel for Thought
-
Anton Paar (Austria) provider of high-precision measuring instruments in the field of density and concentration measurement, determination of dissolved CO2, rheology and material characterisation of surfaces, acquired the Petrotest Group
Petrotest and Anton Paar signed the purchase contr...
Fuel for Thought
-
A multi-institutional study has found that methane leaks in the Arctic could be accelerating environmental damage in the area.
Researchers in the area have uncovered a surprising amount of Arctic methane being released by the ocean itself. The high concentrations of the greenhouse gas cou...
Fuel for Thought
-
TNK Vietnam, a subsidiary of TNK-BP, has announced that it has successfully completed its first offshore drilling project in Vietnam.
The oil industry will be interested to hear about the completion, opening up a potential range of new resources to the industry. The Lan Äá» offshore fie...
Fuel for Thought
-
The controversial gas extraction method fracking is to continue in Britain under strict conditions, the government has announced.
Fracking has come under considerable criticism of late after two earth tremors were felt near Blackpool. It has also been criticised for gas leaks and contamin...
Fuel for Thought
-
Experts from the British oil industry have recently reflected on the positive budget announced last month by chancellor George Osborne, with experts telling the Independent the tax reliefs are ‘a turning point’ for North Sea oil.
North Sea oil production has endured 12 consecutive years of...
Fuel for Thought