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Tag Archives: Offshore Drilling

Obama: Shell developed high safeguards against Arctic spills

CAMP DAVID, Md. — President Barack Obama says experts have concluded that Royal Dutch Shell has developed strong safeguards to undertake offshore oil exploration in Arctic waters. Obama says his administration delayed Shell’s application for exploratory drilling in the Chukchi Sea northwest of Alaska until it could provide necessary assurances. The federal Bureau of Ocean Energy Management approved the company’s ...

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Kayakers prepare to meet Shell’s oil drill rig in Seattle

SEATTLE — Protesters opposed to Arctic oil drilling are preparing to paddle out in kayaks to meet Shell’s massive offshore drilling rig as it arrives any day now in Seattle. The action will raise the stakes in the battle over oil exploration in the remote Arctic Ocean. The petroleum giant says it is moving ahead with plans to use leased ...

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Plan OK’d to drill into BP’s ill-fated Macondo reservoir

NEW ORLEANS — Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation’s largest offshore oil spill five years ago off the coast of Louisiana. A Louisiana-based oil company, LLOG Exploration Offshore LLC, plans to drill into the Macondo reservoir, according to federal records reviewed by ...

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The debate over Arctic drilling – what’s at stake

ANCHORAGE, Alaska — Seattle’s mayor and environmentalists have vowed to block Royal Dutch Shell PLC from parking two Arctic offshore drilling rigs on Seattle’s waterfront, an effort to thwart the new frontier in oil exploration and spark a national debate about fossil fuels and climate change. WHAT’S AT STAKE? The U.S. Geological Survey estimates Arctic offshore reserves at 26 billion ...

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Diamond Offshore scraps rigs as demand weakens

Diamond Offshore Drilling Inc, one of the world’s top five offshore rig contractors, said it was scrapping three rigs in the face of weak demand due to a steep fall in global crude prices. The company said on Monday it recorded an impairment charge of $319 million for eight rigs, including the rigs being retired, in its first-quarter results. The ...

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Five years after BP spill, new rules for offshore drilling aim to boost safety

There aren’t many issues on which government regulators, oil industry experts and environmentalists can all agree, but five years after the BP gulf oil spill, many say offshore drilling operations are safer — although there is debate over whether ocean drilling should be expanded. On April 20, 2010, the Deepwater Horizon oil rig exploded in the Gulf of Mexico, killing ...

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Greenpeace group leaves Arctic drill rig after six-day stay

SEATTLE — Six Greenpeace activists opposed to offshore drilling in the Arctic have abandoned a Seattle-bound drill rig they boarded in the Pacific Ocean six days ago, the organization said Saturday. Rough seas prompted the decision, Greenpeace said in an email. The protesters rappelled off the rig and got into inflatable boats before returning to a Greenpeace ship stationed nearby. ...

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New U.S. offshore oil drilling rule planned

WASHINGTON – The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc oil spill in the Gulf of Mexico, the New York Times reported on Friday, citing Obama administration officials. The Interior Department could make the announcement as early ...

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Mexico says oil spill avoided after deadly offshore blaze

MEXICO CITY — A huge blaze twisted and blackened an oil platform in the Gulf of Mexico, but the state-run Pemex oil company said it managed to avert any significant oil spill. At least four workers died and two suffered life-threatening injuries in an explosion that engulfed the platform in flames Wednesday, forcing 300 people to abandon the facility. Officials ...

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