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Oil & Gas

NOAA’s ocean carbon quest

03/11/2008

US AGENCY NOAA (National Ocean and Atmospheric Administration) and the National Science Foundation have commissioned the first comprehensive national study of how carbon-dioxide emissions absorbed into the oceans may be altering fisheries, marine mammals, coral reefs and other natural resources. The work will be carried out by the US National Academy of Sciences.

Oil & Gas

Global banking crisis benefits China’s NOCs

03/11/2008

Where this will take the country's energy strategy from here is unclear, but some observers believe China is unlikely to push too aggressively in other areas of possible controversy, such as the widely disputed Spratley Islands (Nansha islands, in Chinese) in the South China Sea, and the Diaoyu (Senkaku, in Japanese) islands, over which it contests ownership with Japan, in the East China Sea.

Oil & Gas

It’s time to keep a cool head

Last week, as oil prices threatened to slide below $60, the Press and Journal understandably reported on the potential for damage to the UK's offshore industry - and rightly so. But it was presented in a balanced, responsible manner, without sensationalising the issue and avoiding words such as panic.

Oil & Gas

Commonsense decision – at last

Last month's Government reshuffle included two significant changes that I have been advocating for a long time. Indeed, coming on top of the Damascene conversion to nuclear power, I am feeling a little bit like the prophet whose hour has come.

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