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Tag Archives: Offshore Drilling

Approval of Arctic drilling comes just before Obama’s visit

WASHINGTON — The Obama administration’s approval of the final permit to drill for oil in the Arctic Ocean clashes with the message President Barack Obama will deliver when he visits Alaska to emphasize the dangers of climate change, some environmental groups say. As much as the groups praise Obama for his overall body of work — from stricter fuel-efficiency standards ...

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Russia resubmits claim for energy-rich Arctic shelf

MOSCOW – Russia said on Tuesday it has resubmitted a claim to the United Nations for some 1.2 million square km of the Arctic shelf, a drive to secure more of the mineral-rich region where other countries have rival territorial interests. The Russian economy is overwhelmingly reliant on natural resources and the Arctic’s estimated huge oil and gas reserves are ...

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An oil rig isn’t a ficus tree

Photography and imagery in the energy industry really has come a long way since I first entered the industry as a wet-behind-the-ears marketing communications guy back in the early 1970s.  I remember all too well one of my first assignments.  I was working for an energy industry magazine at the time (it was a print magazine, you remember those), and ...

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US raises concerns on pipeline through Va., W.Va. forests

ROANOKE, Va. — The U.S. Forest Service has hundreds of concerns and comments on the prospect of a pipeline carrying natural gas through national forests in Virginia and West Virginia. The comments by Forest Supervisor H. Thomas Speaks Jr. are addressed to the Federal Energy Regulatory Commission in response to filings by the builders of the proposed Atlantic Coast Pipeline. ...

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Diamond Offshore profit beats on demand for ultra-deepwater rigs

Diamond Offshore Drilling Inc, one of the world’s top-five offshore rig contractors, reported a much higher-than-expected quarterly profit, helped by demand for its high-tech ultra-deepwater rigs and a drop in operating costs. Modern, faster rigs are cheaper to run and they can drill more efficiently, making them attractive to oil and gas companies, which are looking to cut spending due ...

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Virginia Beach council to take another look at offshore drilling

VIRGINIA BEACH – Where does the City Council stand on offshore drilling? Members might be reconsidering their support. Dozens of North and South Carolina municipalities have come out against it. Virginia Beach hoteliers and restaurateurs and the Resort Advisory Commission oppose it. Now the Surfrider Foundation, a nonprofit dedicated to protecting oceans and beaches, has created an online petition directed ...

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Shell gets permits for limited oil drilling in Arctic waters

ANCHORAGE, Alaska — The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska’s northwest coast. The two permits issued Wednesday clear the way for drilling in Chukchi Sea, but with conditions. Shell can only drill the top sections of wells because the company doesn’t have critical emergency response equipment on site to ...

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Shell gives green light to develop giant Gulf of Mexico field

LONDON – Royal Dutch Shell has given the green light for the development of the Appomattox deepwater oil and gas field in the Gulf of Mexico, set to be the energy giant’s largest floating platform in the region. The Appomattox project, some 80 miles (130 km) off the coast of Louisiana, is expected to reach peak production of around 175,000 ...

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