U.S. Offshore
News
May 05, 2021
As the Biden Administration aims to significantly increase federal investment in renewable energy under the American Jobs Plan, the United States already ranks as the most attractive market for renewables investment, according to results from a new ranking by IHS Markit.
News
May 04, 2021
The Energy Workforce & Technology Council’s 2021 Annual Meeting is set for September 15-17 in Santa Ana Pueblo, New Mexico, and registration is open now.
News
May 04, 2021
The Shell Robert Training and Conference Center in Louisiana has established a new partnership with Maersk Training, which will see the global safety specialists deliver enhanced training to the Gulf of Mexico offshore workforce.
News
May 02, 2021
Exxon Mobil Corp. and Chevron Corp. added momentum to a nascent recovery in the U.S. oil industry as they reported bumper cash flow, a dramatic improvement after a torrid 2020.
News
April 20, 2021
In what would be the world’s biggest carbon carbon and sequestration project, Exxon, along with a multitude of private and public partners, would build a facility to collect emissions from refineries, petrochemical plants and other industrial facilities along the Houston Ship Channel, Joe Blommaert, president of Exxon’s new low-carbon business said in a blog post.
News
April 14, 2021
Talos Energy, along with affiliates of BP and Chevron U.S.A. announced successful drilling results from the Puma West exploration project located in the U.S. Gulf of Mexico Green Canyon Block 821.
News
April 14, 2021
The National Ocean Industries Association (NOIA) Board of Directors has elected Tim Duncan, President & CEO of Talos Energy, as Chairman and Paul Danos, Owner, President and CEO of Danos, as Vice Chairman for the 2021-22 term.
News
April 14, 2021
The Energy Information Administration forecasts U.S. crude oil production in the U.S. Federal Gulf of Mexico to increase in the next two years, according to the latest Short-Term Energy Outlook. By the end of 2022, 13 new projects could account for about 12% of total GOM crude oil production, or about 200,000 barrels per day.
News
April 14, 2021
Tommy Beaudreau, a veteran of the Interior Department who charted new restrictions for Arctic oil drilling under former President Barack Obama, is being tapped to return to the agency as its No. 2 official.
News
April 08, 2021
House Republicans plan to unveil their own plan to fight climate change later this month, according to three people familiar with the matter, a reflection of the pressure on the party to come up with solutions to a problem it had previously denied or ignored.
News
April 08, 2021
President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.
News
April 07, 2021
Occidental Petroleum Corp. praised OPEC and its allies for managing crude markets out of last year’s historic crash and said the U.S. shale industry is thankful for its efforts.
News
April 07, 2021
With the U.S. unlikely to ever reach previous crude production levels, OPEC+ is moving to roll back part of their oil supply cuts in the coming months.
News
April 06, 2021
The American Petroleum released a new report examining how growth in cross-border petroleum trade between the United States and Canada has led to the further integration of North American energy markets, delivering economic benefits, lowering consumer energy costs and strengthening energy security on both sides of the border.
News
April 06, 2021
“A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint,” Occidental CEO Vicki Hollub said at a conference hosted by Texas Independent Producers & Royalty Owners Association.
News
April 06, 2021
The monthly Oilfield Services and Equipment Employment Report, compiled and published by the Energy Workforce & Technology Council, estimates a peak of 102,000 pandemic-related job losses. Since then, the industry has gained back more than 23,000 jobs.
News
April 06, 2021
The Wärtsilä system will enable a subsidiary of RWE Renewables, Hickory Park Solar, LLC, to sell nearly 200 MW of generation from the solar PV panels to Georgia Power Company.
News
April 06, 2021
North America’s biggest oil pipeline company, which for years has invested in wind and solar power projects, is also looking at gaining scale and becoming competitive in technologies such as hydrogen production using renewable electricity.
News
April 06, 2021
Oil prices showed signs of recovery in advance of multiparty negotiations taking place in Vienna later on Tuesday, though the chances of a breakthrough are seen by analysts as slim.
News
April 05, 2021
Following concerns that it is facilitating the sale of meaningless carbon credits to corporate clients, the Nature Conservancy says it’s conducting an internal review of its portfolio of carbon-offset projects.
News
April 05, 2021
Imports jumped 5.8% in March from a year earlier, the biggest increase since March 2020. Demand for the fuel used in heating and power generation had been steadily growing before Covid-19, as nations shift away from coal-fired power over climate concerns.
