Archive | January, 2014

Jet Propulsion Laboratory To Aid Oil in Developing Better Drilling Technology

JPL partners with domestic oil companies to bolster production of gas and oil The goal is simple – to help assist America’s oil and gas companies in the quest to develop safer and more efficient oil and gas reserves. Jet Propulsion Laboratories (JPL) director Charles Elachi, head of the Pasadena, California organization, met with several […]

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Repurposed Oil Rigs Could Tap Into Ocean Aquifers

Oil rigs won’t always be needed… for oil, that is! Once the oil wells have run dry and our oil and gas drilling rigs stand as hulking monoliths of steel and iron, what will we do with these towering machines? Could we possibly re-purpose drilling platforms to help us extract other resources from below the […]

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Budget Deal Allows Deepwater Oil Drilling in Gulf of Mexico

Deepwater oil and gas drilling has been stalled out for some time, budget deal addresses this concern The recent national budget compromise, announced toward the end of 2013, will allow deepwater oil and gas exploration to continue throughout specific parts of the western Gulf of Mexico. This exciting byproduct of the budget conundrum has long […]

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Bill Passes In Mexico To End 75-Year Oil Monopoly

Access to oil by foreign investors is seen as a major shift among Mexicans – and the world The Mexican Congressional body recently approved a controversial bill to end a 75-year state oil monopoly that can trace its roots to the 1930’s. The new bill will potentially generate nearly $20 billion in additional foreign investment […]

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