Industry News

NOIA Applauds House Passage of the Offshore Energy & Jobs Act

For Immediate Release:   Friday, June 28, 2013 Contact:  Nicolette Nye, (202) 465-8463, nnye@nullnoia.org   NOIA Applauds House Passage of the Offshore Energy and Jobs Act Urges Senate to Pass Similar Legislation   Washington, D.C. – NOIA President Randall Luthi today issued the following statement […]

Offshore exploration would help, not hurt, Hampton Roads economy

The Virginian-Pilot © June 27, 2013 Objection! A response to editorials published on June 22 and June 23. The Pilot recently editorialized on efforts to develop coastal energy off Virginia's shores, including bipartisan legislation we've proposed in the House and Senate. Full Story

Texas has 48 percent of U.S. drilling rigs

Posted on June 28, 2013 at 9:40 am by Jennifer Hiller in Crude oil, Eagle Ford, Exploration, Natural gas Texas continues to have an enormous slice of worldwide drilling activity, as companies hunt for crude oil and natural gas in formations across the state. Full Story

Deep-water drilling expansion will strain workforce, study says

Posted on June 28, 2013 at 7:30 am by Simone Sebastian in Beaumont, Jobs, Offshore, Workforce Global spending on deep-water wells will surge to $114 billion by 2022, compared to $43 billion last year, creating a critical need for offshore rig workers, according to a new analysis by Wood Mackenzie. Full Story

NOIA Hails Passage of OCS Transboundary Hydrocarbon Agreements Authorization Act

For Immediate Release:   Thursday, June 27, 2013 Contact:  Nicolette Nye, (202) 465-8463, nnye@nullnoia.org NOIA Hails Passage of OCS Transboundary Hydrocarbon Agreements Authorization Act Washington, D.C. – NOIA President Randall Luthi today issued the following statement hailing passage of the Outer Continental Shelf Transboundary Hydrocarbon […]

House votes to implement U.S.-Mexico offshore energy deal

By Pete Kasperowicz - 06/27/13 03:05 PM ET The House on Thursday passed a bill that would implement a U.S.-Mexico agreement on offshore energy development on the maritime border between the two countries, over opposition from Democrats who called it an attack on the Dodd-Frank financial reform […]

House set to unleash drilling on US-Mexico maritime border

Posted on June 27, 2013 at 12:01 pm by Jennifer A. Dlouhy in General, Gulf of Mexico, Offshore, Politics/Policy The House of Representatives is set to advance two items on the oil industry’s wish list Thursday, by passing legislation that would unleash drilling in the Western Gap area of the Gulf of […]

Feds hope more rigs will become deep-water reefs with new rules

Posted on June 27, 2013 at 11:26 am by Emily Pickrell in featured, Gulf of Mexico, Offshore Old offshore oil platforms may be able to hang around in the Gulf of Mexico longer for fish and fishermen to enjoy, thanks to a federal overhaul of removal rules. Full Story

Obama sends mixed signals to oil, gas industry in his climate address

WASHINGTON, 06/26/2013 By Nick Snow, Washington Editor US President Barack Obama strongly supported continued domestic natural gas development as he outlined measures to combat global climate change. He also suggested the Keystone XL crude oil pipeline’s cross-border permit would not be approved if it appears the […]

Longtime State Dept. diplomat heads to International Energy Agency

By Ben Geman - 06/27/13 07:51 AM ET Kenneth J. Fairfax, a longtime State Department diplomat who is currently ambassador to Kazakhstan, will be the next deputy executive director of the International Energy Agency (IEA). Full Story
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