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It meant loss of control over the exploration, extraction, and exportation of the same oil.
For Mossadeq and Iran, nationalization meant national sovereignty, and national sovereignty meant control over the exploration, extraction, and exportation of oil.
From exploration, extraction, refining, transport and combustion, the effects include leaks and spills, carcinogens, air pollution, acid rain and climate instability.
Because big exploration, extraction and infrastructure investments required pots of capital, long-term contracts became an industry norm.Today oil is generally no substitute for gas.
That means that if the system for the exploration, extraction, compression, piping and burning of natural gas leaks by even 2.5 percent, it is as bad as coal".
Finally, in section 2.2, "Specific Terms," fracking is named and defined, but only as the fifth item in a long lexicon: "'Natural Gas Exploration, Extraction, or Processing' means the exploration for natural gas, the extraction of natural gas from the ground regardless of the extraction method used, and/or the processing of natural gas".
Similar(42)
More than half of the energy investments are in exploration and extraction.
This leaves very little room for any large-scale exploration and extraction of oil and gas in the Arctic".
So why, he was asked, has his government been encouraging ever more exploration and extraction of fossil fuels?
One company involved had a background in hotel and resort development rather than fossil fuel exploration and extraction.
This agency would contract with technically savvy companies for the exploration and extraction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com