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...China's booming economy puts it on a path to become the world's No. 1 greenhouse-gas emitter as early as 2020. Li knows that China needs clean energy as badly as the developed world needs China to clean up, which is why he joined the Tsinghua-BP Clean Energy Research and Education Center as director when it opened in July 2003. The center's most promising project is a new technology called polygeneration, by which coal is converted into a cleaner gaseous fuel that can both generate electricity and be processed into a petroleum substitute. Polygeneration could...
There is no question that Prudhoe Bay, the nation's largest oil field, is in decline. Production has slumped from a daily average of 1.6 million bbl. in 1988 to just 425,000 bbl. in 2005. To extract whatever oil remains, BP, which operates the field for a consortium of petroleum companies that includes ConocoPhillips and Exxon Mobil, has been taking measures that may have unintentionally raised the risks. Drilling more wells to further develop Prudhoe just adds to the more than 1,700 miles of pipeline that already crisscross the North Slope, increasing the chance of leaks. And other...
...searingly cold March morning, still 2 1/2 hours before sunrise, a BP worker driving along an empty access road at Alaska's Prudhoe Bay oil field suddenly smelled...
...BP says that it increased corrosion-management spending 16% from 2004 to 2005 to meet these challenges. But an alarming Department of Transportation document obtained by the Anchorage Daily News raises questions about BP's diligence in inspecting its pipelines, pointing to no fewer than six other anomalies found on the same 10-mile stretch of pipeline, including a spot where the pipe had corroded so badly it was less than 0.04 in. thick...
Back in Prudhoe Bay, the battle lines are clearer. Braving temperatures as low as 40°F below zero, cleanup crews have contained the spill and are trucking in fresh snow to absorb whatever oil can't be vacuumed up. BP hopes to recover 90% of the lost crude, which it will funnel back into the pipeline and pump to the port of Valdez for sale on the open market...