March 8– 14 by Rob Brezsny ARIES (March 21–April 19): The men who work on offshore oil rigs perform demanding, dangerous tasks on a regular basis. If they make mistakes, they may get badly injured or befoul the sea with petroleum. As you might guess, the culture on these rigs has traditionally been macho, stoic, and hard-driving. Show More Summary
New Englanders have turned out strong to help send a strong message to the Trump Administration from the Northeast: Offshore oil & gas drilling and exploration is not the answer!
Norwegian oil and gas giant Statoil has announced this week it has signed an agreement to acquire a 50% interest in the early phase development of two offshore wind farms in Poland with a combined capacity of 1.2 GW (gigawatts).
TRUMP ADMIN TO HOLD PUBLIC OFFSHORE DRILLING MEETING IN RALEIGH TODAY: The federal government's only scheduled public meeting in North Carolina to discuss expanding oil and gas exploration off the Atlantic coast and in other waters is expected to attract busloads of people opposing the idea. Show More Summary
Members of the advisory committee, set to meet Wednesday, largely hail from industry or from energy-producing states.
By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s biggest offshore rig contractor by market value. Drillers worldwide are forecast to boost new...Show More Summary
By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Prospects for the offshore oil drilling market are improving but profits for drillers are still under pressure and rates will not rise before 2019, the head of A.P. Moller-Maersk’s energy business said. Show More Summary
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By Laila Kearney NEW YORK, Feb 15 (Reuters) – Washington state is preparing to reject land leases and easements to stymie the Trump administration’s plan to allow oil drilling off its shores, an official of the Pacific northwest state said on Thursday. Show More Summary
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French offshore services provider Bourbon has announced a new strategic plan that will involve reorganizing the company into three distinct business units and the sale of more than three dozen offshore vessels at a loss as the company positions itself for a recovery of the oil and gas market. Show More Summary
Lebanon Friday signed its first contract to drill for oil and gas off its coast with a consortium comprising energy giants Total, ENI and Novatek, including in a block disputed by Israel. Israel says one of two blocks in the easternShow More Summary
BEIRUT – Lebanon said on Friday it had signed its first offshore oil and gas exploration and production agreements for two blocks, including a block disputed by neighboring Israel. Lebanon’s energy minister said the dispute with Israel would not stop Lebanon benefiting from potential undersea reserves in the contentious Block 9, while consortium operator Total […]
Lebanon signed Friday a deal with an international consortium to start exploratory offshore drilling for oil and gas amid tensions with Israel. Beirut hopes that oil and gas will help boost its struggling economy. Lebanon’s Foreign Minister Gibran Bassil warned Israel not to try to hinder the drilling on the Lebanese side saying that Beirut […]
By Lisa Barrington BEIRUT, Feb 9 (Reuters) – Lebanon said on Friday it had signed its first offshore oil and gas exploration and production agreements for two blocks, including a block disputed by neighbouring Israel. Lebanon’s energy...Show More Summary
Hundreds of demonstrators converged on the California state capitol in Sacramento Thursday voicing their opposition to a Trump administration plan to expand offshore drilling. The plan could open nearly all US coastlines to oil and gas drilling. (Feb. 8)
JUST WHEN YOU THINK CALIFORNIA CAN’T GET CRAZIER, IT SAYS “HOLD MY BEER AND WATCH THIS”: California says will block crude oil from Trump offshore drilling plan.
California will block the transportation through its state of petroleum from new offshore oil rigs, officials told Reuters on Wednesday, a move meant to hobble the Trump administration’s effort to vastly expand drilling in U.S. federal waters. California’s plan to deny pipeline permits for...
By Sharon Bernstein SACRAMENTO, Calif., Feb 8 (Reuters) – Environmental activists in California on Thursday protested a Trump Administration proposal to vastly increase offshore oil drilling in the United States. The protest immediately preceded a public meeting by the U.S. Show More Summary