THE offshore oil drilling rig Ocean Guardian continues its work at Rockhopper Exploration’s Sea Lion well, where hydrocarbons were encountered earlier this year. The well at that time was suspended for re-entry and testing.
A well connected to an oil and gas production platform caught on fire in the Gulf of Mexico Thursday, engulfing the vessel in flames about 100 miles off the central coast of Louisiana and forcing 13 people overboard, Gov. Bobby Jindal said.
Brazilian President Lula da Silva signed Thursday the contracts for the Norte Energia consortium to start construction of a controversial hydroelectric dam in the Amazon basin.
Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company is ready to begin a flow test on the Sea Lion discovery which should give an early indication of the production potential of the reservoir sands.
Families of 24 of the 33 Chilean trapped miners in the San José mine have filed a lawsuit against the state and the mining company, seeking compensation and justice.
Brazilian government managed energy giant Petrobras said Bolivian natural gas will remain important for energy-hungry Brazil, where demand for that fuel is expected to triple over the next four years, Bolivian daily La Razon reported.
Royal Dutch Shell which refines about 15% of Argentina’s fuel is waging a court battle against a government ban that prevents fuel producers from increasing prices. Shell’s federal court complaint was filed last week following a government order on August 18 mandating oil companies to lower fuel prices to a pre-August 1 level.
Phorusrhacids have been extinct for millions of years, yet the so-called terror birds just got a bit more frightening. The flightless birds stood up to three meters tall and had hook-beaked heads the size of horse heads. Now a new study has apparently deciphered how the birds used those fearsome skulls—employing a fighting style like that of legendary boxer Muhammad Ali.
After stating that its first well (Ernest) drilled in the southern part of the North Falkland Basin has been declared dry, Rockhopper Exploration (AIM: RKH) was sold down to 265p before rallying sharply to close Wednesday only 2.5p cheaper at 301.25p.
Brazil's government managed oil giant Petrobras CEO admitted Monday that minor conservation problems exist on some of the company's platforms in the Campos Basin, off the country's south-eastern coast.