Month: February 2017

Article: Battle Of Superpowers- Invisible War For Controlling Black Gold

Russia is a major player in oil and gas production worldwide. It is the second-largest producer of natural gas and the second largest (in 2016) producer of oil. Russia’s oil output touched an all-time high of 11.75 million barrels per day (bpd) in September 2016. In 2016, Saudi Arabia and Russia produced nearly 13% each …

Article: Battle Of Superpowers- Invisible War For Controlling Black Gold Read More »

Accident: Macondo Oil Spill- A Horrendous Event That Swept Off The Industry. 

Introduction: The Deepwater Horizon oil spill (also referred to as the BP oil spill, the BP oil disaster, the Gulf of Mexico oil spill, and the Macondo blowout) began on April 20, 2010, in the Gulf of Mexico, on the BP-operated Macondo Prospect. It is considered the largest accidental marine oil spill in the history of the petroleum industry, an estimated 8% to 31% …

Accident: Macondo Oil Spill- A Horrendous Event That Swept Off The Industry.  Read More »