An offshore drilling rig will be powered entirely from electricity produced onshore which could be a world first in a move to reduce dioxide emissions.
read more... 12/06/2017
Oil prices plunged on Friday, on fears that U.S. President Donald Trump's decision to exit a climate pact could cause more crude drilling in the United States, worsening a global glut.
read more... 05/06/2017
Oil prices advanced slightly on Monday, as increases in U.S. drilling activity have undermined an OPEC-led push to tighten supply.
read more... 30/05/2017
BP and its partner Kosmos Energy have recently made an important discovery of a gas reservoir offshore Senegal, during drilling the Yakaar-1 exploration well. Yakaar-1 well is situated in the Cayar Offshore Profond block, approximately 95kms northwest of Dakar.
read more... 10/05/2017
Iceland launched an experimental project under the name of THOR and is drilling deep into the center of a volcano to reach the country’s goals to generate clean energy.
read more... 05/05/2017