In August, lawmakers in Beirut rushed the country's first oil-exploration law through its normally snarled parliament.
Blue H, a wind-power company based in Britain, has developed a floating wind turbine based on designs first used by oil-drilling platforms.
Getting that entire surface into direct contact with the hot, oil-slicked pan is the first priority.
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But the reduction in oil use from the first-generation Volt is negligible.
Oil is stored in first-world depots, water in concrete pits.
Upstream business was relatively solid, with U.S. net oil-equivalent production during the first two months of the quarter coming in close to its Q3 numbers: the company produced 660 million barrels of oil equivalent (mboed) through November.
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The museum's collection vividly charts Dubai's rapid progress from a tiny pre-oil fishing and pearling village - and one of the world's first free-trade ports - through to the Arabian metropolis it is today.
"It must be first-class olive oil, so it smells Spanish, " he says.
Most analysts expect oil prices to be softer in the first quarter as the euro-zone crisis dominates the news and unseasonably warm winter weather keeps oil demand weak.
First-quarter production for oil and natural gas was at a record level, up 13% from a year ago.
We are now in the midst of the third great oil boom (the first two being 1973-74 and 1979-80).
Change is finally doing something about our addiction to oil and raising fuel-efficiency standards for the first time in 30 years.
First, the non-oil sector of the economy is performing poorly.
For their calculations, the two assumed that where there was a gap between demand and conventional supply it would be filled with synthetic fuels, first with tar-sands oil and later with oil from coal and shale. (According to high-end estimates, coal and oil shale could together yield some ten trillion barrels of unconventional crude.) They then calculated what the impact would be on global carbon-dioxide levels.
Troubled oil giant BP announced second-quarter earnings and at first glance, the numbers were not pretty.
Last year, Iraq for the first time exceeded pre-1990 oil production.
The man was a ferocious leader, having governed the lightly populated but oil-rich province of Santa Cruz for 12 years, first as Mayor of the major city, then as governor.
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In 1996 Gandur made the salmon leap from the downstream activities of oil trading and marketing, which provide thin margins by moving huge volumes of other people's oil, into the upstream, which entails more risk and upfront investment but offers fatter returns. aog inked its first production-sharing contract with the oil minister of Ivory Coast to overhaul the abandoned offshore Espoir oilfield.
In 2011, he took the position of chairman at Shenzhen-listed Xiwang Foodstuffs, the first listed corn oil company in China.
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One reason is that OECD economies are less energy-intensive than three decades ago when the first oil shocks occurred, thanks to the shift out of manufacturing into services and information technology.
He was being sued for deceptive practices by Houston Monarch, a small oilfield services outfit that had tried to buy Baker Hughes (nyse: BHI - news - people )' McMurry Oil Tools unit and use First Reserve as a lender.
Japan's recovery was underpinned by strong exports, first to China and more recently to Europe and oil-exporting countries.
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Hodel's Summit Power Group aims to build the first low-emissions coal-gasification power plant in oil-rich west Texas.
Whites are first- or second-generation newcomers, whether conservative oil men or left-wing environmentalists.
While the developed world, led by the U.S., staggered through a global credit crunch, China's gross domestic product grew 11% in the first quarter, and the Gulf Cooperation Council--the oil-rich federation of Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates--averaged nearly 7% growth in the same period.
Through related transactions, BP will build up a 19.75% position in Rosneft, which will be taking over TNK-BP, a deal the British oil company expects to be finalized during the first six months of 2013.
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Some scientists believe that the reason BP is so big on the idea of using dispersants -- well, first of all, they say they believe that the oil can do just as much damage below the surface as it can do above the surface after being -- even after being dispersed.
It is the first time Iraq's semi-autonomous Kurdish region has officially exported oil out of the country.
One of the first products, DuPont's high-oleic soyabean, which yields an oil lower in artery-clogging saturated fats, is now awaiting regulatory approval in Europe.
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