News
NOIA Commends U.S. House on Passage of the Innovation in Offshore Leasing Act
For Immediate Release: Tuesday, September 6, 2016 Contact: Justin Williams, (202) 465-8464, jwilliams@nullnoia.org NOIA Commends U.S. House on Passage of the Innovation in Offshore Leasing Act Washington, D.C. – NOIA President Randall Luthi today issued the following statement on the House’s passage of H.R. 5577, the […]
Oil discoveries at 70-year low signal supply shortfall ahead
Bloomberg | August 30, 2016 | Mikael Holter Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year, they’ll probably find even less, spurring new fears about their ability to meet future demand. With oil prices down by more […]
Oil prices rise on U.S. weather fears, OPEC speculation
Reuters | August 30, 2016 | Ahmad Ghaddar Oil futures rose on Tuesday supported by production suspensions in the U.S. Gulf due to an expected tropical storm and speculation that producers meeting in Algeria next month will act to prop up prices. Brent crude futures […]
First offshore wind farm completed
Providence Journal | August 18, 2016 | Alex Kuffner PROVIDENCE -- Construction of the first offshore wind farm in the nation is complete. Crews working for Providence-based developer Deepwater Wind mounted the final blade on the fifth turbine of the Block Island Wind Farm just […]
Proposed rule gives feds undue authority over offshore air
BIC Magazine | August 4, 2016 | Lori LeBlanc Here we go again. With only five months until a new president takes office, the current administration is taking another swing at the offshore oil and gas industry. This latest punch is once again an overreaching, […]
Luthi: Clinton and Trump lack broad-based energy policies
Fort Worth Star-Telegram | August 10, 2016 | Randall Luthi Presidential hopefuls Hillary Clinton and Donald Trump have wasted little time in addressing energy policy this election. In one of his first major policy speeches, Trump outlined a plan to expand traditional fuels, including an […]
Feds need to heed Alaskans about offshore oil and gas treasure
Alaska Dispatch News | August 10, 2016 | Kara Moriarty As U.S. Bureau of Ocean Energy Management Director Abigail Hopper visits our Alaska home this week, we welcome her, and invite her to take in the spectacular beauty for which our summers are known. But […]
It is critical for the US to invest in the Arctic
CNBC | August 9, 2016 | General James Jones and General Joseph Ralston As ice gives way to navigable ocean, the U.S. Coast Guard has estimated that there has been a 300-percent increase in human activity in the Arctic, requiring a new era of public-private partnership. […]
This Is Where the First U.S. Offshore Wind Turbines Were Just Installed
Fortune | August 8, 2016 | Katie Fehrenbacher The first wind turbines to be installed off the coasts of the United States were constructed over the past few days about three miles offshore of Block Island, Rhode Island. While wind farms have been built all over […]
Gloomy Days in the Oil Patch, but Some See a Glimmer of Light
New York Times | July 29, 2016 | Clifford Krauss & Stanley Reed HOUSTON — As recently as two summers ago, Latshaw Drilling was so fully booked it sometimes had to turn away oil companies eager to rent one of its 39 rigs at $22,000 […]
