Industry News

Opinion: US Oil Booms and Nowhere to Sell It

Posted on June 14, 2013 at 6:49 am by Bloomberg in Crude oil, Exploration, Natural gas Just when we were getting used to the surge in natural gas production, a second unexpected U.S. energy boom enters the picture: oil. Last year, thanks to drilling technologies that can access hydrocarbon deposits trapped […]

Cape Wind Hires Firm To Assist With Project Management

U.S.-based offshore wind developer Cape Wind has signed a consulting services agreement with the North America division of PMSS - a European offshore wind consulting firm and a part of the TUV SUD group. Under the agreement, PMSS will assist Cape ... Go to Source

CRS Report: US Energy Policy Debate Centers on Energy Security Costs, and Environment

A report recently released by the Congressional Research Service (CRS) identifies policy goals—and their fundamental differences—identified in the 2012 presidential election and as highlighted in recent energy-related legislation. Among the nation's energy priorities are to stabilize oil and gas markets, create natural gas pipeline infrastructure, […]

‘Quest for Oil’ videogame takes the drilling rig to the living room

Diamond Offshore oil gas platform ocean courage
“Quest for Oil” simulates the operation of an offshore drilling rig and what it takes to find and produce crude. The clock is ticking, investments worth millions of dollars are at stake, and the goal is to produce more oil than your opponent, Maersk ... […]

US led world in oil growth in 2012, BP report shows

Posted on June 12, 2013 at 6:18 am by Harry R. Weber in Crude oil, featured U.S. oil production growth was the largest in the world last year, showing that despite some suggestions to the contrary, crude is plentiful, BP Chief Executive Officer Bob Dudley said Wednesday. Via FuelFix

Ensco adds another drillship to its fleet as deep water booms

Posted on June 12, 2013 at 4:00 pm by Emily Pickrell in featured, Gulf of Mexico, Offshore   Ensco  has announced plans to add a drillship to its fleet as demand for the deep-water vessels and platforms continues in the Gulf of Mexico, West Africa and other hot spots. Source Here...

US House committee passes three oil & gas bills

Washington (Platts)--12Jun2013/527 pm EDT/2127 GMT A US House of Representatives committee on Wednesday approved three Republican bills aimed at expanding domestic oil and natural gas production, setting up likely approval by the House sometime this summer. But faced with opposition from the Obama administration and […]

Virginia Beach NAACP rallies behind Rep. Rigell offshore drilling bill

June 11, 2013|By Todd Allen Wilson, tawilson@nulldailypress.com | 804-643-0499 The Virginia Beach chapter of the NAACP threw its support this week behind federal legislation sponsored by U.S. Rep. Scott Rigell, R-Virginia Beach, to lift the moratorium on drilling for natural gas and oil in the […]

U.S. House Panel Approves Measure to Expand Offshore Drilling

A U.S. House of Representatives committee voted 23 to 18 to approve a measure that would expand oil drilling in federal waters in the Atlantic and Pacific ... www.bloomberg.com/.../u-s-house-panel-approves-measure-to...Go to Source

Model offshore wind turbine to send first electrons into US grid this week

... of a cost-effective, job-creating, innovative U.S. offshore wind technology." The goal also includes reducing the the cost of offshore wind to 10 cents per kilowatt hour by 2020, in order to compete with other forms of electricity generation ... Go to Source
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