↧
BP pushes technical limits to tap extreme fields
BP is leading an industry-wide push to develop technology that can retrieve oil from formations that are so deep under the sea floor, and under such high pressure and temperature, that conventional...
View ArticleBP, ConocoPhillips announce Gulf of Mexico oil discovery
BP and ConocoPhillips announced a sizable oil discovery at the jointly-owned Gila prospect in the Gulf of Mexico, the two companies announced Wednesday.
View ArticleThree oil majors team up on Gulf megaproject
The collaboration reflects the steep technological and financial hurdles to commercially producing oil from 23-million-year-old Paleogene rock more than five miles below the surface of the sea.
View Article