Friday, April 16, 2021
Deb Haaland file photo
Offshore

U.S. Interior Department Revokes Trump Energy Policies, Putting Climate at Center Stage

April 16 (Reuters) – The U.S. Interior Department on Friday sought to erase the Trump administration’s pro-fossil fuels legacy from the nation’s public lands by revoking a suite of policies...

April 16, 2021
Total Views: 2061

Wednesday, April 14, 2021
Offshore

U.S. Appeals Court Affirms Offshore Oil and Gas Leasing Ban in Arctic, Atlantic

By Yereth Rosen ANCHORAGE, Alaska, April 13 (Reuters) – A federal appeals court on Tuesday confirmed bans on offshore oil leasing in most federal Arctic waters and in the Atlantic after...

April 14, 2021
Total Views: 1985

Thursday, March 18, 2021
lena platform
Offshore

How an Offshore Oil Rig Becomes an Artificial Reef

By Eric Roston (Bloomberg) — Fifty miles southeast of Grand Isle, La., sits the Lena, which used to be an oil rig owned by ExxonMobil. After the site stopped producing oil,...

March 18, 2021
Total Views: 5230

Thursday, March 11, 2021
Offshore

Equinor Announces New Oil Discovery in Barents Sea Near Johan Castberg Field

Norwegian energy company Equinor has announced a new oil discovery at a well near the Johan Castberg field in the Barents Sea. Equinor and its partners Vår Energi and Petoro...

March 11, 2021
Total Views: 1492

Wednesday, March 3, 2021
Offshore

U.S. Energy Secretary Calls on Oil and Gas Companies to Embrace Green Transition or Risk Being Left in the Dust

By Ari Natter (Bloomberg) — Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind unless they embrace a transition...

March 3, 2021
Total Views: 3540

Wednesday, February 24, 2021
Offshore

Oil Hits One-Year High With Market Eyeing Tight Global Supplies

By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback...

February 24, 2021
Total Views: 1160

Tuesday, February 9, 2021
Offshore

China’s CNOOC Delivers 53,000 Tonne Offshore Platform to Deepwater Field

SINGAPORE, Feb 9 (Reuters) – China’s offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project...

February 9, 2021
Total Views: 4525

Wednesday, January 27, 2021
offshore rig north sea
Offshore

Biden Issues Dozens of Oil Drilling Permits in First Few Days

By Jennifer A. Dlouhy (Bloomberg) — The Biden administration has issued at least 31 new drilling permits authorizing operations on federal land and coastal waters, despite an order putting political appointees...

January 27, 2021
Total Views: 5067

offshore oil rig
Offshore

Biden to Pause Oil and Gas Leases, Cut Fossil Fuel Subsidies with Climate-Focussed Executive Order

By Valerie Volcovici and Jeff Mason WASHINGTON, Jan 27 (Reuters) – President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil...

January 27, 2021
Total Views: 1207

Wednesday, January 13, 2021
semisubmersible drilling rig
Offshore

Ocean 100: The 100 Companies That Dominate the Ocean Economy

By Umberto Bacchi Jan 13 (Thomson Reuters Foundation) – Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to...

January 13, 2021
Total Views: 4930

Tuesday, January 12, 2021
offshore oil rig
Shipping

Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil

By Nerijus Adomaitis OSLO, Jan 12 (Reuters) – Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center...

January 12, 2021
Total Views: 1952

Tuesday, January 5, 2021
oil tanker loading
Offshore

Oil Tops $50 for First Time Since February

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million barrels a day from next month, while most of the...

January 5, 2021
Total Views: 1188

Friday, December 4, 2020
offshore oil rig
Offshore

Trump Administration Encourages Offshore Drilling in Final Energy Push

By Jessica Resnick-Ault NEW YORK, Dec 3 (Reuters) – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas production, said it will consider lower royalty payments for...

December 4, 2020
Total Views: 1390

Monday, November 30, 2020
offshore support vessels
Offshore

ADNOC in Talks to Buy Offshore Oil Services Firm Zakher Marine

By Nicolas Parasie (Bloomberg) — Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the state-owned crude producer among its major clients,...

November 30, 2020
Total Views: 4231

Wednesday, November 18, 2020
offshore oil rig
Offshore

Final Offshore Lease Under Trump Shows GoM’s ‘Long Future’

By Nichola Groom Nov 18 (Reuters) – The Trump administration’s final sale of oil and gas leases in the Gulf of Mexico generated nearly $121 million in high bids on...

November 18, 2020
Total Views: 1026

Thursday, November 12, 2020
hurricane zeta october 28
Offshore

Record Hurricane Season Deals Worst Blow to Gulf Oil Production in a Decade

By Sheela Tobben (Bloomberg) –It’s the year of the unprecedented and the hurricane season has been no exception. A record-breaking hurricane season shut in an OPEC-nation amount of oil during...

November 12, 2020
Total Views: 149

Wednesday, November 11, 2020
Offshore

ConocoPhillips Announces Significant Gas Discovery Offshore Norway

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest...

November 11, 2020
Total Views: 163

Friday, October 30, 2020
Chevron Big Foot
Maritime News

Chevron Posts Surprise Profit But Outlook is Grim

By Kevin Crowley (Bloomberg) –Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven collapse in crude demand. The California oil titan...

October 30, 2020
Total Views: 25

Thursday, October 29, 2020
Offshore

Active Hurricane Season Weighs on U.S. Energy Production

Oct 29 (Reuters) – As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year’s repeated oil and gas production halts were already hitting energy firms’...

October 29, 2020
Total Views: 32

semisubmersible drilling rig
Offshore

Exxon Mobil to Slash 14,000 Jobs Due to Oil Slump

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s biggest oil explorer as it...

October 29, 2020
Total Views: 72