Wednesday, May 23, 2012

Scotland opens research centre for CO2 oil recovery

Reuters: Scotland's University of Edinburgh on Wednesday opened a centre to research the use of carbon to retrieve oil otherwise hard to extract from reservoirs, a method which could unlock three billion barrels of trapped North Sea oil worth 190 billion pounds ($300 billion). A number of developers of carbon capture and storage (CCS) projects have already suggested using the method, also known as enhanced oil recovery (EOR) that has been used in North America for decades, to enhance the economic viability...

URL: http://www.reuters.com/article/2012/05/23/us-britain-eor-centre-idUSBRE84M0RP20120523?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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