Oil

Part of: Fossil fuels

Oil consists of various hydrocarbons. It is produced by the anaerobic decay of organic material under the surface of the earth. Both oil and gas can be extracted by drilling, they are lighter than water and they tend to rise from their sources when released from their underground pockets. Petroleum is mostly used for producing fuel oil and petrol. The burning of oil releases carbon dioxide into the atmosphere. Extraction of oil is costly and environmentally damaging. The top petroleum-producing countries are Saudi-Arabia, Russia, the United States and Iran.

ARTICLES
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Bellona Europa

[ 31.01.2012 ]
European offshore safety meeting: “It’s when we think we have everything under control that we are the most vulnerable”
BRUSSELS - "We need common minimum EU rules for offshore safety," said Frederic Hauge, president of The Bellona Foundation, on behalf of the environmental movement at the Commission’s stakeholder meeting on 31 January for the proposed regulation for offshore safety.
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blogger51

[ 19.12.2011 ]
Russian drilling rig capsizes, sinks in the Sea of Okhotsk, likely killing over 50 on board
MURMANSK - The Russian jack-up rig Kolskaya capsized and sank within twenty minutes during a storm on Sunday while being towed from West Kamchatka – where it may have been used for drilling in defiance of environmental authorities’ objections – to Zyryanskaya Bay on the south-eastern shore of Sakhalin Island, in the Russian Far East. The search for survivors is ongoing, but only 14 out of the 67 on board have been rescued so far. The confirmed death toll now stands at 16 people.
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Shtokman.ru

[ 25.11.2011 ]
The Shtokman Field: profitability at the expense of environmental safety
MURMANSK – Representatives of Gazprom Oil Shelf failed to appear at a planned meeting with Russian environmentalists on November 15 where the two sides were to discuss oil spills, but a large delegation from Shtokman Development AG – the joint company in charge of developing the huge underwater gas and gas condensate field in the Barents Sea – was in attendance to discuss the ecological safety of the mammoth project.
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NEWS
[ 16.03.2010 ]
Russian coal: a new challenge

A roundtable discussion organised by the German Marshall Fund of the US (GMF) was held in Brussels last week. The roundtable discussed Russian coal production in the context of Dmitry Medvedev’s, President of the Russian Federation, announcement in November 2009 that Russia was looking to expand its coal-fired energy production by 26% in time for 2030 to meet rising domestic energy demands. A recent paper commissioned by the GMF finds that such demands could be met more cost-effectively through increased energy efficiency measures.

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[ 23.11.2008 ]
EC estimates 25 percent of untapped oil reserves in Arctic – and urges international environmental protections

According Benita Ferrero-Waldner, the European Commissioner responsible for External Relations and European Neighbourhood Policy, the Arctic zone could contain as much as 25 percent of the world’s untapped oil reserves, RosEnergy newswire reported

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[ 23.11.2008 ]
Russian Duma to create Northern environmental protection group

The Russian Duma has created a group focusing on the environmental problems of Russia’s far in response to the boomtown rush to tap the areas vast natural resources, specifically oil and gas, Russian media reported.

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