U.S. Offshore
News
September 03, 2021
The U.S. is granting a second refiner in Louisiana access to the country’s emergency crude stockpiles as most oil-producing platforms in the Gulf of Mexico remain offline after Hurricane Ida.
News
September 03, 2021
Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday, as the House Natural Resources Committee rejected more than a dozen changes sought by Republicans.
News
September 02, 2021
The U.S. Department of Energy has authorized Exxon Mobil Corp. to receive crude from the Strategic Petroleum Reserve to kickstart the production of fuels while most oil production in the Gulf of Mexico remains shut.
News
September 02, 2021
World Oil reached out to Noble Corporation, owner of the drillship, for further comment. This afternoon (Thursday, Sept. 2), we received further explanation from Noble’s Vice President, Investor Relations, and Treasurer, Craig Muirhead.
News
August 31, 2021
Damage to Port Fourchon, which services about 90% of output from U.S. Gulf deepwater oil and natural gas wells, is extensive and widespread, Chett Chiasson, executive director of the Greater Lafourche Port Commission said in an NPR interview Tuesday.
News
August 31, 2021
The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to combat higher costs at the pump.
News
August 31, 2021
About 95% of Gulf of Mexico oil production, and 94% of gas output had been shut-in as of Monday, according to the Bureau of Safety and Environmental Enforcement.
News
August 30, 2021
U.S. gasoline futures jumped after Hurricane Ida barreled ashore in Louisiana, disrupting processing facilities. Oil reversed early gains as local rigs may have escaped significant damage and the OPEC+ producers’ cartel is expected on Wednesday to endorse a supply increase.
News
August 26, 2021
Endangered desert fish would get millions of dollars in federal funding, while oil companies would face new fees and a ban on most offshore drilling under a plan floated by House Democrats.
News
August 25, 2021
TGS, a global provider of energy data and intelligence, has expanded its coverage of numerical weather prediction (NWP) model data. The latest model covers a 400,000 square kilometers area off the East Coast US, extending from Massachusetts to North Carolina.
News
August 25, 2021
The Biden administration moved Tuesday to resume selling oil and gas drilling rights in the Gulf of Mexico and throughout the western U.S., after a judge ruled the president’s leasing pause was unlawful.
News
August 23, 2021
The U.S. is holding its largest sale of oil from strategic reserves this year at a time when the outlook for fuel demand is darkening amid the resurgent Covid-19 virus.
News
August 23, 2021
Chevron and Hess are requiring employees who work on its platforms in the Gulf of Mexico to get the Covid-19 vaccine, as the oil giant responds to rising cases across the southern U.S.
News
August 20, 2021
The Environmental Protection Agency is set to send a draft of biofuel-blending quotas to the White House for review soon, marking a key step in the Biden administration’s bid to balance competing oil and agricultural interests.
News
August 18, 2021
Silixa announced the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber optic Distributed Acoustic Sensing system, Carina Subsea 4D, on BP’s Atlantis Phase 3 subsea field development.
News
August 17, 2021
The Biden administration is appealing a federal judge’s ruling against its oil leasing moratorium, while promising to resume offering new leases on U.S. lands and waters.
News
August 16, 2021
Tracerco has been awarded three subsea inspection contracts to provide critical asset integrity data on pipelines of a major operator in the Gulf of Mexico.
News
August 16, 2021
Woodside Petroleum is in advanced talks to buy BHP Group’s petroleum division for about A$20 billion ($14.7 billion), the Australian Financial Review reported on Sunday, citing people familiar with the matter.
News
August 13, 2021
Enbridge Inc.’s Line 3 oil pipeline from Alberta to Wisconsin could start operating as soon as Sept. 15, bringing relief to Canadian oil sands producers who have had limited access to export pipelines.
News
August 12, 2021
The $3.5 trillion budget framework the Senate narrowly passed sets the stage for a deluge of spending on electric vehicles, renewable power and clean energy initiatives meant to help combat climate change and wean the U.S. off fossil fuels.
News
August 11, 2021
The Biden administration called on OPEC countries and U.S. regulators to do more to ensure a stable energy supply, with a specific focus on retail gasoline prices that the President pledged to keep affordable.
