Posted on November 6, 2014 at 12:34 pm by Bloomberg in
Arctic,
Offshore |
Statoil won’t use the Transocean Spitsbergen and Songa Trym rigs from mid-November through at least the year-end because of overcapacity.
More »
Posted on November 3, 2014 at 1:57 pm by Joshua Cain in
Arctic,
Europe,
Offshore |
The Norwegian oil conglomerate estimates the field could generate as much as 650,000 barrels of oil per day.
More »
Posted on October 31, 2014 at 2:39 pm by Jennifer A. Dlouhy in
Arctic,
Politics/Policy |
The Obama administration is quadrupling its estimate of how much crude could be harvested from Arctic drilling leases it sold oil companies six years ago. Regulators also think there is a 75 percent chance of at least one large spill occurring in the area.
More »
Posted on October 28, 2014 at 5:37 pm by Jennifer A. Dlouhy in
Arctic,
Politics/Policy |
Three oil companies with billions invested in Arctic drilling leases are pleading with the Obama administration for extra time to hunt for crude under waters north of Alaska, but so far, federal regulators have been skeptical.
More »
Posted on October 27, 2014 at 4:46 pm by Jennifer A. Dlouhy in
Arctic,
Exploration,
Politics/Policy |
Shell, which has spent eight years and $6 billion to explore the Arctic’s Beaufort and Chukchi seas, said in letter to the Interior Department that “prudent” exploration before leases expire is now “severely challenged.”
More »
Posted on October 13, 2014 at 2:49 pm by Jennifer A. Dlouhy in
Arctic,
Politics/Policy
A new poll shows that support for Arctic drilling is high in states where there are close Senate races.
More »
Posted on October 2, 2014 at 4:59 pm by Associated Press in
Accidents,
Arctic
No spill has been reported in Alaska’s Cook Inlet. The platform is operated by Hilcorp Alaska.
More »
Posted on September 30, 2014 at 4:40 pm by Jennifer A. Dlouhy in
Arctic,
Politics/Policy
The United States may use its role heading the Arctic Council to push for standards governing oil drilling and development throughout the region, the Obama administration’s top Arctic envoy said Tuesday.
More »
Posted on September 24, 2014 at 2:14 pm by Jennifer A. Dlouhy in
Arctic,
featured,
Politics/Policy
Oil companies hoping to find crude under Arctic waters north of Alaska are imploring the Obama administration to ensure new rules governing drilling in the region don’t force them to stash emergency equipment nearby nor block them from using chemical dispersants to clean up any spills.
More »
Posted on September 16, 2014 at 4:44 pm by Jennifer A. Dlouhy in
Arctic,
Politics/Policy
More details came to light Tuesday on Shell’s plans for exploratory oil drilling in the Chukchi Sea north of Alaska, as federal regulators released a copy of the company’s broad Arctic drilling blueprint.
More »
Posted on September 15, 2014 at 7:20 pm by Associated Press in
Arctic
Gov. Sean Parnell said he was “extremely disappointed” by the planned layoffs.
More »
Posted on September 8, 2014 at 1:59 pm by Ryan Holeywell in
Africa,
Arctic,
Asia,
Australia,
Europe
The U.S. economy has enjoyed an energy renaissance thanks to technology like fracking and horizontal drilling that unlocked previously inaccessible geological formations. Some of that same technology is now poised to be used around the world.
More »