The Abu Dhabi Marine Operating Company (ADMA-OPCO) has embarked on a new initiative aimed at phasing out the use of plastic bags in company facilities. According to Chief Executive Officer Ali Rashid Al-Jarwan, a multi-faceted strategy to replace all non- biodegradable plastic bags by the end of 2010 will be adopted. “We are fully aware [...]

Drilling contractors are the companies who extract oil, gas, or other organic assets from within the earth. The structure, which is built to accomplish this, is called a drilling rig, or just ‘rig’ in short. They work both onshore and offshore. The first oil wells were drilled in China as early as the 4th Century. [...]

The oil and gas industry remains Africa’s most valuable and profitable source of revenue. Now it is Africa’s time to shine! Visionary investors have a unique opportunity to capitalize on their investments like never before, as government efforts are working diligently to improve the business climate, and the oil industries environmental impact in Africa. Oil and [...]

Fossil fuels are currently the most consumed fuels on our planet and are the backbone of society as we now know it today. The use of coal as a fuel predates recorded history however, It was the commercial use of petroleum in the 19th Century which led to great advancements in our social infrastructure. Our [...]

Wrestling the Gulf Oil Spill As U.S. politicians wrestle with the Gulf oil spill, debate climate change actions, and gingerly steer the economy out of recession, Canada’s energy industry continues to provide jobs, energy security and new technology to [...]

As part of its strategic business alignment, Suncor, Alberta’s leading oil producer, is continuing with plans to divest of a number of non-core assets. Announced sales to date include all oil and gas producing assets in the United States Rockies, some non-core natural gas properties in Western Canada, all assets in the Netherlands and all Trinidad [...]