News tagged with oil companies

BP executive defends spill response tactics

A BP executive who led the company's efforts to halt its massive 2010 oil spill in the Gulf of Mexico testified Tuesday that his decisions were guided by the principle that they shouldn't do anything that could make the crisis ...

dateOct 02, 2013 in Environment
shares0 comments 0

Ecuador dumps Amazon 'nature-for-oil' scheme

Ecuador President Rafael Correa said major oil exploration in an unspoilt Amazon nature reserve could go ahead after the failure of an ambitious plan to secure billions of dollars in donations to avoid drilling in the area.

dateAug 16, 2013 in Environment
shares0 comments 1

Pact curbs seismic surveys in Gulf of Mexico

Oil and gas companies working in the Gulf of Mexico have agreed not to use seismic surveys for the next 30 months in three areas considered critical to whales and along the coast during the calving season for bottlenose dolphins.

dateJun 21, 2013 in Ecology
shares0 comments 0

Nanoparticles helping to recover more oil

When petroleum companies abandon an oil well, more than half the reservoir's oil is usually left behind as too difficult to recover. Now, however, much of the residual oil can be recovered with the help of nanoparticles and ...

dateJun 17, 2013 in Engineering
shares0 comments 0

Oil spill sullies river in Ecuador

A Petroecuador pipeline ruptured in Ecuador's Amazon basin region, spilling 10,000 barrels of crude into a river and alarming locals left without fresh well water, authorities said Monday.

dateJun 03, 2013 in Environment
shares0 comments 0