Industry News

NOIA Issues Statement Ahead of Gulf Oil and Gas Lease Sale

For Immediate Release: Monday, August 13, 2018 Contact:  Nicolette Nye,   (202) 465-8463, nnye@nullnoia.org NOIA Issues Statement Ahead of Gulf Oil and Gas Lease Sale Washington, D.C. – NOIA’s Vice President of Governmental and Political Affairs, Tim Charters, issued the following statement regarding Lease Sale 251 […]

From rigs to reefs: Researchers encourage authorities to rethink oil rig removal

CBS News | Sarah Lynch Baldwin | July 31, 2018 Oil rigs have often been highly criticized for their negative impact on the environment. But now, researchers are encouraging authorities worldwide to rethink the idea of removing all obsolete oil rigs, as well as wind […]

The future of oil and gas: Eight bold industry predictions

Offshore Technology | Talal Husseini | August 3, 2018 As oil prices tentatively recover from the 2014 crash and investments in alternative renewable energy sources gain momentum, oil and gas companies need to innovate to stay competitive and keep the fuel flowing. Offshore Technology asks […]

LTE: Support offshore energy

News & Observer | Derrick Hollie | August 5, 2018 North Carolina has a chance to land a one-two punch of affordable and reliable energy and accessible new jobs – and its minority community needs its elected officials to stand up to support offshore energy […]

Oil Majors’ Focus On Deep Water Pays Off

E&P | Elaine Maslin | July 30, 2018 Some 74% of the estimated 3.9 billion barrels of oil equivalent (Bboe) discovered in first-half (1H) 2018 was in ultra-deep water, despite onshore drilling accounting for 57% of the exploration well count, according to analysts at Wood […]

Energy Secretary Rick Perry: ‘True energy independence is finally within our grasp’

CNBC | Secretary Rick Perry | July 29, 2018 By all accounts, the United States is in the midst of truly spectacular progress in the vital realm of energy. Spurred by technological breakthroughs unleashed by innovation, deregulation and pro-growth policies, we are now producing energy […]

As Oil Industry Recovers From a Glut, a Supply Crunch Might Be Looming

Wall Street Journal |  Sarah Kent and Georgi Kantchev | July 28, 2018 Dearth of investments in oil projects mean a spike in prices above $100 could be on the horizon Crude across the globe is being used up faster than it is being replaced, […]

New York Fights Its Neighbors for Offshore Windmills

Wall Street Journal |  Erin Ailworth | July 24, 2018 In Fall River, a former textile hub on the Massachusetts coast, Bristol County economic development director Kenneth Fiola touts waterfront land and a workforce rooted in manufacturing as reasons the city would make a perfect base […]

BSEE’s Angelle: SafeOCS Participation Up Dramatically

Rigzone | Matthew Veazey | July 17, 2018 Offshore oil and gas industry participation in a critical data sharing program called SafeOCS has grown by nearly 20 times, the head of the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) announced […]

How an oil glut could swiftly turn to an oil shortage

Houston Chronicle | Jordan Blum | July 24, 2018 Oil industry analysts and executives fear a looming global supply crunch is on the horizon, even as Texas and other parts of the nation keep churning out more oil than ever. U.S. oil prices could spike […]
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