| Oil Exploration and Production |
'Oil doom' tempers optimism Geologists have always gone to the ends of the earth in search of new sources of petroleum and natural gas. But in recent years that search has become more intense, as reserves in the older oil and gas fields in North America and other mature producing areas are depleted. . . .more | |
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| Angola: Oil |
New finds boost morale and ethics Angola is at the start of a huge rise in output which may double production in five years, from 750,000 b/d today. Since France's Elf found the giant Girassol field in 1996, 26 major discoveries holding over six billion barrels of reserves have been announced. And companies expect to find plenty more. . . .more | |