Group items tagged

Timizzer Oil & Gas News: Clinton on Iran oil, UK energy bills, Rosneft-Statoil Arctic deal 07/05/2012 by Timizzer Business, News, World and tagged Arctic oil, BG Group, Carbon capture, CLinton, CO2, energy supply, Fukushima, India oil, Iran oil, Japan LNG, LNG supply, Norway Technology, oil import, Rosneft, Statoi, TCM, Technology Centre Mogstad

Against a background of escalating tension between the US and Russia over events in Ukraine, oil companies from each country have been working to overcome the numerous challenges of extracting oil from the Arctic Ocean. Having completed one of the largest Arctic expeditions in history to understand the challenges, the partnership has now started to drill.

Founded in January 2012, the Arctic Oil Spill Response Technology Joint Industry Programme (JIP) has just moved into phase II of its research. As it tests the waters in six different areas - and welcomes its latest member Gazprom Neft - what lies ahead for response teams working in icy conditions?

US Secretary Clinton presses India to reduce Iran oil imports As mentioned in a town hall meeting in Kolkata by U.S. Secretary Clinton " there is an adequate supply in the market for India … more

With dwindling oil and gas reserves growing more valuable every year, blurred boundaries are ripe for dispute. We profile territorial tensions over oil hot spots, from open aggression emerging in the South China Sea to long-simmering tensions in the Falklands and the Arctic.