The Gulf of Mexico’s relatively uncharted Lower Tertiary, or Paleocene, geological trend could hold immense quantities of oil.
Over a period of 80 years, 2,000 square miles of Louisiana coastal land has been covered by water, and scientists predict an increase in the rate of Louisiana land lost to the Gulf of Mexico in the future. The National Oceanic and Atmospheric...Show More Summary
In the summer of 2004, Hurricane Charley roared out of the Gulf of Mexico and swept across Florida to the Atlantic Ocean. The storm claimed twenty-two lives and caused $11 billion in damage. It also left in its wake a debate about price gouging. - From Justice: What's the Right Thing to Do? by Michael J. Sandel
It sounds like a bad idea because it probably is
On August 24, 2005, a tropical storm is given the name Katrina. It hits Florida and after growing in the Gulf of Mexico, Hurricane Katrina makes landfall 60 miles southeast of New Orleans on the morning of August 29th. (Video from National...Show More Summary
In little-noticed news arising out of a recent Gulf of Mexico offshore oil and gas lease held by the U.S. Department of Interior's Bureau of Ocean Energy Management, the floodgates have opened for Gulf offshore hydraulic fracturing (“fracking”). With...Show More Summary
If you compare a map of the Louisiana coastline in the 1920s to today, the difference is striking. About 1,883 square miles of land has just disappeared — swallowed into the Gulf of Mexico. And each year Louisiana loses more. In fact, roughly a football field's worth of land is lost every hour. Read more...
Chevron’s leading positions in the Gulf of Mexico, shale/tight oil, and LNG should drive peer-leading growth in the years ahead.
Three crewmembers of a shrimping boat were forced to abandon ship into a life raft following a collision with a supply vessel Sunday night in the Gulf of Mexico. The post Three Rescued After Supply Vessel and Shrimping Boat Collide appeared first on gCaptain Maritime & Offshore News.
U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico,
The Bureau of Ocean Energy Management (BOEM) Gulf of Mexico Regional Director John Rodi will open the Gulf of Mexico Western Planning Area Lease Sale 238 at 9 a.
By The Panoramic View: BP (NYSE:BP) seems to be a lightning rod for controversy. In 2010, one of its oil rigs exploded in the Gulf of Mexico, causing the worst oil spill in U.S. history. Four years later, its crown jewel Russian asset seems like a liability as tensions between the U.S. Show More Summary
An 809-pound tiger shark caught in the Gulf of Mexico earlier this month has been cooked and served to more than 90 poor and homeless Texans.
As previously reported by the Inquisitr’s Dustin Wicksell, an 809 lb. tiger shark was recently caught just 5 miles from Port Aransas in the Gulf of Mexico. The catch made headlines due to the sheer size of the aquatic beast and possibly from the circling excitement of Shark Week. Normally, a shark of its size
By Bob Ciura: In the immediate aftermath of the 2010 rig explosion in the Gulf of Mexico, both BP (NYSE:BP), the operator of the rig, and Transocean (NYSE:RIG), the owner, sank as if they were going out of business. As the ensuing cleanup proceeded, both stocks gradually recovered. Show More Summary
Gulf of Mexico-focused deepwater exploration and production company Venari Resources says it has raised an additional $1.3 billion in equity commitments bringing the total raised to $2.4 billion less than two and a half years of theShow More Summary
Gulf of Mexico deepwater oil explorer Venari Resources LLC said on Wednesday it had raised $1.3 billion from original backers Warburg Pincus LLC, Kelso & Co,
We recently told you about the United Kalavryta, an oil tanker carrying 1 million barrels of Kurdish crude that was forced to essentially do donuts in the Gulf of Mexico after Iraq sued to halt the shipment. Now another ship bound for the U.S. Show More Summary
The sea trials of Rodi Marine’s crewboat, the M/V Riley Claire, have given Marine Jet Power a major breakthrough in the Gulf of Mexico crewboat market. The