Industry News

Bernanke: Energy ‘a bright spot’ in recovering economy

Posted on March 7, 2014 at 2:21 pm by Collin Eaton HOUSTON – The national oil and gas boom may have created a quarter of the jobs U.S. employers have added to payrolls since the economic downturn began six years ago, former Federal Reserve Chairman Ben Bernanke said […]

Review of Atlantic energy draws mixed reactions

WASHINGTON, Feb. 28 (UPI) -- Exploring U.S. waters in the Atlantic Ocean will enhance an already booming energy sector, the oil industry says, though the environmental community cried foul. The U.S. Bureau of Ocean Energy Management released its final environmental impact statement for proposed seismic surveys […]

Seismic testing for Atlantic oil and gas?

WASHINGTON, Feb. 28 (UPI) -- The Obama administration has unveiled an environmental analysis that could pave the way for seismic testing for oil and gas in the Atlantic. The U.S. Interior Department's Bureau of Ocean Energy Management, in releasing the review Thursday, specified in a statement that it […]

BOEM issues programmatic EIS for offshore Atlantic G&G activity

WASHINGTON, DC, Feb. 27 02/27/2014 By Nick Snow OGJ Washington Editor The US Bureau of Ocean Energy Management moved a step closer to geologic and geophysical (G&G) activity on the southern and mid-Atlantic US Outer Continental Shelf as it released its long-awaited final programmatic environmental impact statement (PEIS) […]

Study opens path for seismic surveys off USAC for oil, gas development

Washington (Platts)--27Feb2014/602 pm EST/2302 GMT The Obama administration on Thursday moved a step closer to allowing the first seismic exploration in decades for oil and gas off the US Atlantic coast, outlining a range of environmental mitigation measures that surveyors would have to follow to […]

NOIA Comments on Atlantic Seismic Programmatic Environmental Impact Statement

For Immediate Release: Thursday, February 27, 2014 Contact:  Nicolette Nye, (202) 465-8463 or (703) 732-0801, nicolette@nullnoia.org   NOIA Comments on Atlantic Seismic Programmatic Environmental Impact Statement Washington, D.C. – Jeff Vorberger, Vice President for Policy and Government Affairs at the National Ocean Industries Association, today issued the […]

Seismic testing offshore Lowcountry for oil, gas gets federal environmental OK

By Bo Petersen The Post and Courier Federal regulators promise to keep a close watch over potential disruptions to whales, dolphins and other marine species if deafening air-gun blasts are allowed offshore to test for natural gas or oil. But the concessions to protect the […]

Seismic exploration off SC to Virginia coast backed by feds

BY SEAN COCKERHAM McClatchy Washington Bureau February 27, 2014 WASHINGTON — The Interior Department is endorsing seismic exploration for oil and gas in Atlantic waters, a crucial move toward starting drilling off the Carolinas, Virginia and possibly down to Florida. The department released its final review […]

Critics take aim at upcoming federal report on Atlantic drilling

Posted on February 26, 2014 at 6:00 pm by Jennifer A. Dlouhy in Offshore WASHINGTON — The Obama administration’s Interior Department is on track this week to release a final environmental analysis that would help pave the way for the first seismic studies in decades to pinpoint […]

Obama hikes ceiling for corporate oil-spill compensation

BY JENNIFER A. DLOUHY Hearst Newspapers February 21, 2014 WASHINGTON -- The Obama administration on Friday took the unprecedented step of moving to hike the amount companies must pay for oil spills, amid a congressional deadlock on the issue nearly four years after the Deepwater […]
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