Industry News

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 […]

NOIA Supports Proposed Endangered Species Act Reform

For Immediate Release: Thursday, July 19, 2018 Contact:  Justin Williams, (202) 465-8464, jwilliams@nullnoia.org NOIA Supports Proposed Endangered Species Act Reform Washington, D.C. – NOIA President Randall Luthi issued the following statement regarding the Department of the Interior’s proposed rule changes to the Endangered Species Act […]

Trump and the Russia Pipeline

Wall Street Journal | Editorial Board | July 11, 2018 President Trump is so prone to rhetorical excess that he sometimes hurts his own case even when he’s right. A case in point is his shellacking of Germany Wednesday for supporting a new Russian gas […]

U.S. oil output to edge above 12 million bpd late 2019: EIA

Reuters | Reuters Staff | July 10, 2018 NEW YORK (Reuters) - U.S. crude oil production is expected to average more than 12 million barrels per day late next year for the first time ever, the U.S. Energy Information Administration said in a monthly report […]
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