North America’s shale boom is paralleled by the record pace of pipeline construction and now, a long pipeline of projects await a final investment decision. Pipeline Bubble, produced by Global Energy Monitor, now calculates that capital spending on proposed North American pipelines will reach $232.5 billion and raise global pipeline […]
American major ExxonMobil was the most successful, with three significant offshore discoveries accounting for over 38 percent of total discovered volumes in the first quarter of 2019.
Colorado School of Mines suggests that by 2050, chemical industrial lasers could perhaps replace conventional drilling solutions.
The rise in offshore oil and gas production expected in 2019 and beyond is due in part to the coming onstream of new fields aided by technological advances, which have dramatically cut E&P costs.
South Africa is a major mining and manufacturing country.