Articles about oil

'It will go wrong. There's no question of time... on safety or security side'

"Software comes with two unique properties: it's basically impossible to inspect and test, and we don't know the sequencing of instructions at the basic level," Statoil's lead analyst for corporate IT digitalisation, Einar Landre, told today's IoT Tech Expo in London. Giving an engineer's perspective on mission-critical …
Gareth Corfield, 24 Jan 2017

The fracking oil price drop whacked Panasas – who's next in energy IT?

NAS appliance maker Panasas was forced to restructure after falling oil prices caused its customers in the energy sector to spend less on its technology. That's why executives fled the building, and why other staff have been let go. CEO Faye Pairman said Panasas has a long-standing strategy of diversifying into vertical …
Chris Mellor, 4 Feb 2016
Oil Pump Jack by  cc 2.0 attribution

Could our fear of fracking be appeased with CO2 sequestration?

A plan to use CO2 to replace the water used in controversial energy technique fracking has been met with a mixed reception by experts contacted by The Register. New Scientist reported on work done by Andres Clarens and his team at University of Virginia, Charlottesville, to pump CO2 into fracking sites, which could act as a …
Simon Rockman, 20 Aug 2015

Major cyber attack hits Norwegian oil industry

More than 50 Norwegian oil and energy companies have been hacked by unknown attackers, according to government security authorities. A further 250 firms have been advised by the Norwegian government that they ought to check their networks and systems for evidence of a breach, The Local reports. State-owned Statoil, Norway's …
John Leyden, 27 Aug 2014
SGI logo hardware close-up

Oil giant Total shells out €60m for world's fastest private super

Total Group wants to do a better job finding oil lurking in the Earth's crust, and these days that means getting more computing power to turn the jiggling of the planet into pretty 3D pictures that show where the Black Gold might be hiding. To that end, Total is paying Silicon Graphics €60m over the next four years to build the …
Iranian President Mahmoud Ahmadinejad receives news of the successful 'Omid' launch

Iran says its infosec defences foiled oil hack

Iran is claiming to have successfully deflected yet another large scale cyber attack on critical infrastructure in the country, this time targeted at its offshore oil installations. A brief report on the Iranian Students’ News Agency site on Monday seemed to accuse Israel and China of being behind an attack on the National …
Phil Muncaster, 10 Oct 2012
The Register breaking news

Saudi oil minister praises renewable energy

A call to acknowledge concerns over global warming (aka climate change aka climate disruption aka pseudoscientific fraud) has come from a most unlikely source: Saudi Arabia's oil minister. "Greenhouse gas emissions and global warming are among humanity's most pressing concerns," said Ali Al-Naimi in a speech at the Middle East …
Rik Myslewski, 1 Feb 2012
The Register breaking news

BP world energy review: Chinese coal drives up CO2

Last year saw the highest surge in energy demand for almost 40 years, according to BP's 60th annual review* of energy. Despite record renewable energy production – with hydroelectric energy use rising 6.5 per cent – fossil fuel consumption surged to the highest level ever. Gas was up 7.4 per cent and coal, which still accounts …
The Register breaking news

Freeman Dyson: Shale gas is 'cheap and effective'

Renowned British-born boffin Freeman Dyson has given a cautious welcome to shale gas – the energy revolution that has caught energy experts, politicians and civil servants by surprise. "A surge in gas production and use may prove to be both the cheapest and most effective way to hasten the decarbonisation of the world economy …

BP taps HP for IT ops

Oil giant BP looks likely to make cuts in its European and US IT departments to help allay the costs of the Deep Water Horizon disaster in the Gulf of Mexico. BP International Ltd announced today that it has expanded an IT outsourcing deal it has operating in the United Kingdom to cover all of the oil company's operations in …
The Register breaking news

Play BP Offshore Oil Strike

In the 1970s, an obscure board games publisher called Printabox collaborated with BP to design a game called BP Offshore Oil Strike. BP Offshore Oil Strike Europe board game Will You Strike Oil, Dry Hole or Hazard? Here are some rules (courtesy of Boardgamegeek): Two to four players compete at exploring for oil, building …
Drew Cullen, 2 Jun 2010
The Register breaking news

US software firm sentenced for 'trading with the enemy'

A US software company has been sentenced by a federal judge for "trading with the enemy." Platte River Associates, a geologic modeling firm in Colorado, was fined $14,500 for selling software used to make a model for potential exploration and development of oil and gas within the territorial waters of Cuba, the US Department …
Austin Modine, 18 Sep 2009
The Register breaking news

'Ring-wing' robo-sub smart swarm lands £6m oil deal

DSEi An upstart startup founded by BAE Systems engineers, let go following a corporate reorganisation, says that it has won a large oil-industry deal for its underwater ring-wing robot swarm technology. GO Science, in its own words, was formed in 2002 by engineers who "left BAE Systems at Filton with many years of successful …
Lewis Page, 9 Sep 2009
The Register breaking news

Carbon capture would create fizzy underground oceans

New research has possibly given a boost to the idea of carbon capture, indicating that CO2 is sometimes held dissolved in underground water for millions of years. However, it is acknowledged that CO2 contained in subterranean water is prone to bubble out again, and often does so - famously at naturally-sparkling springs, for …
Lewis Page, 2 Apr 2009
The Register breaking news

Algae-fuelled* airliner test successful

Update The world's first test of a passenger airliner partially powered by fuel made from algae took place successfully yesterday in Texas. The Houston Chronicle reports that the jet, an unmodified Boeing 737-800 operated by US carrier Continental Airlines, took off from Bush Intercontinental airport in Houston at 1218 local time. …
Lewis Page, 9 Jan 2009
The Register breaking news

Date set for Jatropha Jumbo biofuel-2.0 test flight

Boeing and Air New Zealand have announced that they will carry out the first flight test of "second generation" sustainable biofuel in an airliner on 3 December. The planned test will be carried out using an Air New Zealand Boeing 747 flying from Auckland. During the flight, one of the jumbo's four Rolls-Royce engines will run …
Lewis Page, 12 Nov 2008
The Register breaking news

Peak oil: postponed

Interview Richard Pike, President of the Royal Chemistry Society Oil supplies will actually last for far longer than our politicians think, the scaremongers fear, and the oil companies tell us. So says Dr Richard Pike, head of the Royal Society of Chemistry, and someone who isn’t afraid to stir controversy. Whither, then, Peak Oil? …
Andrew Orlowski, 17 Sep 2008
The Register breaking news

US Congress votes for some offshore oil relaxations

The US Congress has voted to end America's ban on offshore oil and gas drilling in the face of rising petrol prices. However the White House is resisting the Democrats' energy package, saying it will stifle the oil industry. Reuters reports that the Democrat-controlled lower house passed the proposed measures by 236 votes to …
Lewis Page, 17 Sep 2008

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