by: Boom Criteria
Wednesday, July 18, 2012
There was once a company named “Glori Oil” based in Houston, Texas, according to its website, it was:
“a Delaware corporation founded in 2005 to commercialize technology developed by ‘The Energy and Resources Institute’ (known as TERI). […]
Our vision is to be the leader in bio-technology solutions to the global oil and gas industry and service provider of choice to both independent and major oil and gas producers. Our mission is delivering state of the art bio-technology solutions to improve and increase recovery from mature oil wells and to solve complex problems associated with the production of oil, gas and water.”
It’s important to note that TERI, now unanimously known as ‘The Energy and Resources Institute’ was once actually named “Tata Energy and Resources Institute’, but I’ll get back to that later.
Glori Oil also later changed its name to Glori Energy, Inc. and recently appointed a certain Robert Button as President of Glori Holdings, a subsidiary of Glori Energy.
Here’s how they announced it in their March 2012 newsletter :
“… Button will apply his extensive industry experience in support of Glori’ strategy to acquire end-of-life and abandoned oil fields for increased oil production.
Button is a senior Exploration and Production (E&P) business leader with 30 years of U.S. and international industry experience with Amoco and BP.
Button joins Glori from BP where he served in an executive role and was accountable for the Organization Capability of the E&P Segment Operations, Health-Safety-Environment, and Engineering disciplines.” (Source)
Glori Energy’s slogan : “Tomorrows oil from yesterday’s wells.”
Many might think that such environmentally unfriendly “Big Oil” company must be lobbying and spreading lies in the anthropogenic global warming/climate change debate to protect its dirty business.