Oil discoveries have slumped to the lowest level since 1952 and the global economy is becoming dangerously reliant on crude supply from political hotspots, the world’s energy watchdog has warned.


Fire and ice: will methane hydrates be the future of energy or bring on the next apocalypse?

4524516-earth_day-750x750.jpg (JPEG-bilde, 750 × 750 piksler)…

This magnificent image is a portrait of the Earth taken in one single shot. At 121 megapixels, it is the highest resolution image of the planet ever and was taken by the geostationary Russian weather satellite the Electro-L.

IPT marine engines and gen sets - tug boats, ships, and offshore drilling rigs.

As the old saying goes, buy on bad news and sell on good news.

Due to the oil market downturn, jobs losses linked to the UK oil and gas sector will reach around by the end of industry trade body Oil & Gas UK.


A worker walks from the rig to retrieve a tool from a nearby shed, Sunday, March in West Texas. Power shift: Energy boom dawning in America When this picture was made o.