Related topics: oil

Halliburton pays $1.1 bn for Gulf of Mexico BP spill

Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' most disastrous oil spill.

Colorado governor strikes deal on fracking

Colorado's Democratic governor forged a deal to stop dueling proposals on oil and gas drilling and avoid a messy ballot fight that had his party concerned about political consequences in November.

Four new machines to aid oil extraction

The Center for Engineering and Industrial Development (CIDESI), located in Mexico, designed "tailored suits" for the oil industry. These are various machines that are used in the oil extraction processes and are essential ...

Large streams of data warn cars, banks and oil drillers

Better warning systems that alert motorists to a collision, make banks aware of the risk of losses on bad customers, and tell oil companies about potential problems with new drilling. This is the aim of AMIDST, the EU project ...

Sugar, not oil

No more oil – renewable raw materials are the future. This motto not only applies to biodiesel, but also to isobutene, a basic product used in the chemical industry. In a pilot plant researchers now want to obtain this ...

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