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Open innovation approach seeks new advanced method for 3D fracture net representation
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Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the Dione oil discovery in ultra-deepwater Block 31, offshore Angola.
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BP America Inc. announced today an oil discovery at its Kodiak prospect in the deepwater Gulf of Mexico.
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The U.S. Environmental Protection Agency reached a $20,000 settlement with Pacific Marine and Industrial Corp., for used oil and hazardous waste management violations at its power plant facility in Puerto Rico, Saipan.
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BP today announced an increase of 25 per cent in its quarterly dividend, taking it to a level 31 per cent higher than a year ago.
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In an advance that could help curb global demand for oil, MIT researchers have demonstrated how ordinary spark-ignition automobile engines can, under certain driving conditions, move into a spark-free operating mode that is more fuel-efficient and just as clean.
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GE announced today a acquisition agreement to acquire Vetco Gray for $1.9B from Candover, 3i & JP Morgan Partners.
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Gas producer BG Group announced that it has signed a Sale and Purchase Agreement for the purchase of the Lake Road power plant in Connecticut, United States, for $685 million (350 million pounds) to strengthen its position in the New England power market, it said on Thursday.
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A ruptured gasoline pipeline burst into flames Tuesday as scavengers collected the fuel in Nigeria's largest city, killing at least 200 people. The death toll was expected to rise as rescue workers tried to document more charred corpses.
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