Deepwater Oil
Gulf of Mexico moves toward a comeback
by Collin Eaton Polluted by crude, crises and fears of ceaseless political entanglements, the Gulf of Mexico looked endangered as an oil hub after BP’s massive 86-day spill three years ago. But international oil companies, including BP, are ramping up in the largest U.S. offshore oil […]
Western companies mum as Asian groups flock to Brazil
Published: Monday, September 23, 2013 When one of Brazil's premier deepwater oil fields comes up for auction next month, few Western companies will be bidding for it. But a smattering of Asian energy giants have all registered to bid for Brazil's Libra offshore field, which […]
Western Gulf Sale Shows Continued Focus on Deepwater
For Immediate Release: Wednesday, August 28, 2013 Contact: Nicolette Nye, (703) 732-0801, nnye@nullnoia.org Western Gulf Sale Shows Continued Focus on Deepwater Washington, D.C. – National Ocean Industries Association President Randall Luthi today issued the following statement on bidding in Western Planning Area Lease Sale 233: […]
Feds push stricter rules for offshore oil and gas production systems
Posted on August 21, 2013 at 8:53 am by Jennifer A. Dlouhy The Obama administration on Wednesday proposed a rule to tighten standards for oil and gas production systems used offshore, in a bid to keep pace with the industry’s march into deeper waters and more challenging […]
Anadarko pushes boundaries with newest deep-water platform
Posted on August 20, 2013 at 5:45 am by Zain Shauk INGLESIDE — Of the towering oil platforms under construction along the Texas coast, one stands out because it can’t yet stand. It’s a 23,000-ton cylindrical column the length of two football fields, and it […]
Foreign payments fight could jeopardize US-Mexico drilling pact
Posted on August 19, 2013 at 1:20 pm by Jennifer A. Dlouhy The oil industry is jeopardizing efforts to unlock nearly 1.5 million acres of Gulf of Mexico waters for drilling by aggressively opposing a federal mandate to disclose foreign payments, according to a former […]
Mexico’s Pemex Looks to Tap U.S. Shale and Deep-water Oil
By JOSÉ DE CÓRDOBA and LAURENCE ILIFF Emilio Lozoya, CEO of Pemex, is trying to reverse falling production. MEXICO CITY—Petroleos Mexicanos, Mexico's state oil monopoly, will set up a new company to explore and produce shale gas and deep-water oil in the U.S. as part […]
Oil Drillers in Gulf of Mexico Brace for Storm
WSJ By ALISON SIDER Marathon Oil Corp. MRO -0.46% and BP BP.LN -0.12% PLC said they are evacuating some workers from the Gulf of Mexico as a storm makes its way from the Caribbean Sea toward the U.S. gulf waters... Full Story
Fossil Fuel Production on Federal Lands Drops
Fossil fuel production on U.S. federal lands took another dip during fiscal year 2012, even as energy production nationwide soared to a record high, according to the U.S. Energy Information Administration. During fiscal year 2012 — which ended last Sept. 30 and is the most […]
Spill containment company in constant race to keep up with oil boom
Nathanial Gronewold, E&E reporter Published: Tuesday, August 13, 2013 HOUSTON -- As drilling in the Gulf of Mexico expands well beyond the scale of where it was before the 2010 oil spill, the owner of the world's largest spill containment system is racing to catch […]
