New drilling technology to put billions of barrels of oil in reach ...
WEBHOUSTON, Aug 14 (Reuters) - An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously inaccessible crude into...
The 165-year reign of oil is coming to an end. But will we ever be …
WEBMay 31, 2024 · Petroleum extraction may one day become a relic of a time gone by, experts say. (Image credit: Future) Between the 17th and 20th centuries, humans killed millions of whales for oil .
US oil and gas extraction will hit a record high in 2023 - Quartz
WEBNov 28, 2023 · Between now and 2050, one third of the world’s planned oil and gas expansion will be in the US. All of this contradicts US president Joe Biden’s rhetoric about the dangerous and expensive impacts...
Extraction of petroleum - Wikipedia
WEBPetroleum is mostly recovered from oil drilling. Seismic surveys and other methods are used to locate oil reservoirs. Oil rigs and oil platforms are used to drill long holes into the earth to create an oil well and extract petroleum. After extraction, oil is refined to make gasoline and other products
An oil firm wants to pull CO2 from the sky - NPR
WEBDec 27, 2023 · A technology that could help combat climate change is being championed by an unlikely proponent: Occidental Petroleum, a big oil company. And that's raising all kinds of knotty issues.
Biden OKs Alaska oil project, draws ire of environmentalists
WEBMar 14, 2023 · WASHINGTON (AP) — The Biden administration said Monday it is approving a huge oil-drilling project on Alaska’s petroleum-rich North Slope, a major environmental decision by President Joe Biden that drew quick condemnation as flying in the face of his pledges to slow climate change.
BP gambles big on fast transition from oil to renewables
WEBLONDON, Sept 20 (Reuters) - Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural...
Climate impacts of oil extraction increase significantly with
WEBJul 17, 2017 · Here we use decades-long time-series data from twenty-five globally significant oil fields (>1 billion barrels ultimate recovery) to model GHG emissions from oil production as a function of...
Fossil fuel extraction harms Indigenous communities | News
WEBApr 20, 2022 · Fossil fuel production causes environmental health effects in Indigenous communities, and leadership from frontline Indigenous activists has been key.
Libya to Restart Oil Production, Ending Crisis - Bloomberg
WEB19 hours ago · Libya resumed oil production on Thursday, returning hundreds of thousands of barrels a day to global markets after a political standoff in the OPEC member eased.