Offshore Production

Currents – Energy Industry Insights August 2018 #3

Crude Oil Carrier Hijacked By Somali Pirates

Federal Agency Halts All Work on Atlantic Coast Pipeline After Judges Revoke Permits

Offshore Drilling Could Return To California If Lawmakers Approve Budget

Offshore energy development works for the states – all of them. The U.S. Interior Department recently announced that $61.6 million in revenues from offshore oil and natural gas will be distributed to all 50 states, U.S. territories and the District of Columbia – via grants that support state conservation and outdoor recreation projects. Ponder that: You don’t… Keep reading →

BP Attempts "Static Kill" To Permanently Plug Damaged Oil Well

For some time we’ve stressed that offshore oil and natural gas production is compatible with a variety of other ocean uses such as fishing and tourism – and most significantly, with the U.S. military’s need for open-water areas to conduct training exercises, advanced weapons testing and the like. Industry has a long track record of developing offshore… Keep reading →

Men working oil

A new study by T2 and Associates quantifies natural gas and oil’s leadership in reducing greenhouse gas emissions – through its investments in renewables and other low-carbon technologies and cutting its own emissions – resulting in cleaner air for the country. In all, industry directly invested more than $108 billion in zero- and low-carbon technologies between 2000… Keep reading →

Renewable Energy Update – April 2018

Germany Seeks Ambitious Goals For Renewable Energy

Renewables and four other companies have joined with a Northern California power provider to develop the first U.S. offshore wind farm to boast advanced floating turbines

Offshore Drilling Could Return To California If Lawmakers Approve Budget

  Federal officials have launched a series of public hearings on a proposed offshore leasing plan that will blueprint natural gas and oil development on the U.S. outer continental shelf (OCS) from 2019 to 2024. Hearings are scheduled in a number of coastal states including Florida (Thursday night), South Carolina (Feb. 13), Virginia (Feb. 21) and North… Keep reading →

Endangered Blue Whales Spotted Off California Coast

The country’s continuing political and commercial challenges, including limited export possibilities, are hampering development of its Eastern Mediterranean natural gas. The development of Israel’s offshore natural gas resources, once seen as a wonderful economic blessing, has slowed to a painful crawl in recent months. On December 13, the government announced that it was awarding licenses… Keep reading →

Tanker Carries Shipment Of Post War Oil From Iraq

Here’s the case for expanded opportunity within a new offshore oil and natural gas leasing program that federal officials are assembling: Safely developing American oil and natural gas on the outer continental shelf (OCS) is vital to the United States’ long-term energy and national security. We need new access to offshore areas, such as the… Keep reading →

CNOOC Drops Bid For Unocal

Comments related to seismic surveys in the Atlantic that API and two other associations will submit to federal officials stress a number of important points about the underwater tests used to establish the size and location of oil and natural gas reserves: Importance of U.S. Offshore Energy By federal estimates, the Mid- and South Atlantic outer continental shelf… Keep reading →

Endangered Blue Whales Spotted Off California Coast

My last experience with a federal public commenting event was a few years ago when EPA sought inputs on the Renewable Fuel Standard (RFS). I felt a little sorry for EPA staff assigned to sit at the front of the room and listen as hundreds of folks took turns getting things off their chests about… Keep reading →

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