Post Tagged with: "oil exploration"

Oil exploration picking up as drillers shrug off recession threat

Oil exploration picking up as drillers shrug off recession threat

World Oil


(Bloomberg) — Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.

 

Citing the biggest jump in demand for its services in more …

Source: Reuters

BP’s oil exploration team swept aside in climate revolution

Reuters


LONDON – Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil.

Its geologists, engineers and scientists have

Source: Reuters

Angola’s oil exploration evaporates as COVID-19 overshadows historic reforms

Reuters


LONDON/LAGOS  – The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt in Angola, Africa’s second-largest oil producer.

The consequences could be grave …