 |

DNV students propose new subsea solution for the Gulf of Mexico
Tasked by DNV with developing new ideas for oil recovery at 2,500 metres depth in the Gulf of Mexico, a group of 20 international graduating master's students have proposed a subsea concept involvin ... more
|  |

Lebanon's gas hopes leak away amid country's woes
Lebanese officials are struggling to paper over the country's plethora of problems, political and otherwise, that are holding up exploration for natural gas in its sector of the eastern Mediterranean while Israel and even bankrupt Cyprus are already well advanced in exploiting their reserves. ... more
|  |

Mideast Oil Loses Some of its Power
On his way back from the Yalta conference in February 1945 where US President Franklin D. Roosevelt met with Great Britain's Winston Churchill and the Soviet Union's Stalin, the American president m ... more
|  |

Chevron, Transocean settle over Rio oil spill
US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro. ... more
|