Image - Statoil Committed to End Routine Flaring by 2030

Statoil Committed to End Routine Flaring by 2030

Statoil and several other oil companies and nations joined together today to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. CEO Eldar Satre represented Statoil at the signing at the World Bank in Washington together with Norwegian foreign minister Borge Brende. "Meeting the target of zero routine flaring by 2030 is a highly important contribution our industry can make towards mitigati...

Oil and Gas - Apr 17, 2015


Image - Onshore Oil Discovery in Espirito Santo Basin

Onshore Oil Discovery in Espirito Santo Basin

Petróleo Brasileiro S.A. – Petrobras announces the discovery of an onshore oil accumulation in Espírito Santo Basin. The discovery was made by drilling wild cat well 1-BRSA-1302-ES (ANP nomenclature), informally known as Guayacan. This well comprises the Discovery Evaluation Plan (PAD) of Tabebuia and is located some 120 km from the city of Vitória. Reservoirs are located at 711 meters deep and well drilling ...

Oil and Gas - Apr 17, 2015


Image - Greenhouse Gas Emissions 68% and Fossil Fuel 65%

Greenhouse Gas Emissions 68% and Fossil Fuel 65%

Stanford announces an innovative new approach to meeting its energy needs that will make it one of the world's most energy-efficient universities. The comprehensive new system incorporates solar power for electricity, combined with heat recovery, to allow the university to exceed the aggressive greenhouse gas emissions reduction goals of California's landmark AB 32 Global Warming Solutions Act. It eliminates 150,000 tons of carbon dioxide annuall...

Oil and Gas - Apr 16, 2015




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