Research suggests oil extraction may be behind Surrey’s unusual earthquake activity, with a new study indicating that drilling-induced pressure changes could disturb fault lines, leading to seismic ...
That’s the first component of oil prices — the extraction process and machinery required. Aside from the physical groundwork of gathering and processing oil, market regulations are the true ...
Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...
A series of more than 100 small earthquakes in Surrey in 2018 and 2019 might have been triggered by oil extraction from a nearby well, suggests a new study by UCL researchers. The earthquakes, which ...