Chevron's CEO: Affordable energy is crucial

(AP)—Chevron CEO John Watson notices something important as he visits his company's operations around the globe: Governments everywhere find high energy prices much scarier than the threat of global warming.

US eyes first BP criminal charges over Gulf spill: WSJ

US prosecutors are readying criminal charges against British oil giant BP employees over the 2010 Deepwater Horizon accident that led to the catastrophic Gulf oil spill, The Wall Street Journal reported online.

Canada unveils Arctic drilling rules

Canada's energy regulator rolled out new rules on Thursday allowing for alternative ways to deal quickly with blowouts in the Arctic other than drilling relief wells.

Texas wetland restoration could be model for Gulf

(AP) -- Brown pelicans, long-necked egrets, flamingo-like roseate spoonbills and squawking seagulls fly lazily around a Texas Gulf Coast island. Nearby, a toddler-aged wetland seeded with marsh grass completes the ecosystem, ...

Electrical water detection

A quick and easy way to detect groundwater in semi-arid hard rock areas that is also economical could improve the siting of borewells to improve clean water supply in the developing world. Details of the approach are outlined ...

Transocean claims record sea depth for oil drilling

Offshore oil drilling group Transocean claimed Tuesday that it had a set a world record for deep water drilling at an ocean depth of 3,107 metres (10,194 feet) off the coast of India.

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