Why is an oil rig worker worth more than a marine? The rig workers families will get $millions. Why, I ask? What you "owe" those kids in the military is to get the 1000's of bases closed. What you owe them is the truth, that they have been suckered by people who let them do...
I find the Middle East OPEC rig count data going back to 1995 very interesting. It looks like 2011 saw a surge in the Saudi, Kuwait, UAE, Qatar rig count (from roughly 60 to 150). Crude oil production from those four doesn’t seem to show much increase over the time period that the...
BP managers aboard the Transocean Ltd.-owned rig misread a test of the Macondo well’s stability on April 20 and began replacing drilling fluid, which is heavier than oil and natural gas, with seawater, said the person, who spoke on condition of anonymity because the report’s findings haven...
His workmates gave a nickname (绰号) “Four dollars a bucket (桶)” to him, for he was always used to leaving an advertisement of his company “Four dollars a bucket of oil” below his name whenever and wherever he wrote down his name.As time went by, people forgot his real name. ...
Tension mounts as around 70 oil workers who answer to Santa Cruz Private Oil Workers' Union head, Héctor Segovia, have broken in and took over the Union’s facilities in Caleta Olivia in protest against the trustee appointed to the Union by the Labour Ministry. Luis Cárdenas, one of the...
At the same time, the Saudis are hiring just about every spare drilling rig in the world, resulting in a dramatically falling rig count in the Gulf of Mexico--a place that would otherwise be seeing an increasing count, given the fact that Mexico's giant Cantarell field is in now in ste...