Oman has tapped Harvest Natural Resources for natural gas exploration in the country's al-Ghubar field. Harvest plans to invest about $30 million over three years as Oman works to boost its production.
Harvest Natural Resources and Newfield Exploration are working on the final well of their extension project in Utah's Monument Butte field. Thirteen wells run by Newfield have generated 350,000 barrels of oil and 1.3 billion cubic feet of natural gas since December 2009. Harvest operates one well.
BlackBerry-loving CEOs share their favorite applications and offer pointers on etiquette, safety and the gadget's higher functions. "I see my BlackBerry as a hand-held marketing tool," John McLemore, CEO of Masterbuilt, shares in the accompanying slide show.
A spray-on technique for restoring deteriorating moorland could revolutionize the regeneration process, which is seen as crucial to curbing greenhouse-gas emissions. The current process of restoration involves putting each plant in the ground individually. Tests conducted earlier this year on the spray technique, in which fragmented moss is sprayed directly on the moors from a helicopter, had promising results.
Rep. Doc Hastings, R-Wash., said a spending plan proposed by the GOP has an "all of the above" approach to energy development that includes incentives for green energy as well as oil and natural gas production. Hastings said passage of the Obama administration's budget would lead to increased costs for taxpayers.