Environmental Groups Sue Trump Administration Over Rollback of Obama-Era Offshore Safety Rules

By Valerie Volcovici WASHINGTON, June 11 (Reuters) - A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department's rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP Deepwater Horizon oil spill. The lawsuit filed in a federal district court in California alleges that the … [Read more...]

Prelude FLNG Ships First Gas

The long-awaited first shipment of liquefied natural gas has sailed from Shell's massive Prelude FLNG facility that is now permanently moored off the coast of Western Australia. Shell announced Tuesday that the first shipment of LNG departed Prelude aboard the LNG carrier Valencia Knutsen destined for customers in Asia. The Prelude FLNG facility is operated by Shell in … [Read more...]

Equinor: Offshore Supply Vessel Collides with Statfjord A Platform

An offshore supply vessel collided with Equinor's Statfjord A platform in the North Sea on Friday, forcing the evacuation of the platform but no injuries or pollution has been reported, the Norwegian energy giant said in a statement. The collision occurred at 0155, June 7th, during loading operations involving the platform supply vessel SjĂžborg. Statfjord A is currently … [Read more...]

Trump Said to Ease Drilling Rules Sparked by 2010 Gulf Oil Spill

By Jennifer A. Dlouhy (Bloomberg) -- The Trump administration is poised to relax offshore drilling requirements imposed in response to the Deepwater Horizon disaster that killed 11 people in 2010 and unleashed the worst oil spill in U.S. history. The Interior Department will unveil its final plan Thursday to ease some of the mandates, following industry complaints … [Read more...]

Takeover Battle: Occidental Offers $57 Billion for Anadarko, Topping Chevron

By Jennifer Hiller HOUSTON, April 24 (Reuters) - Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp's $50 billion offer and sparking the first takeover battle for a major oil company in years. The surprise $76-per-share bid comes after Occidental had been trying to woo Anadarko and had made two … [Read more...]