Offshore oil auction draws low interest
Just five oil and gas companies submitted sealed bids for western Gulf of Mexico acreage, ahead of Wednesday's auction in New Orleans.
View ArticleDetails on fight against decade-long Gulf oil spill to be released under...
Details about a chronic oil leak in the Gulf of Mexico will be disclosed as part of the settlement agreement between Taylor Energy and environmental groups.
View ArticleInvestigation faults slow response and equipment failure in 2013 blowout of...
Workers reacted too slowly to stop a Gulf of Mexico well blowout that forced the evacuation of 44 people and ignited a fire that raged for two days in 2013, according to a federal investigation.
View ArticleNew rules for methane aim to thwart wasting valuable natural gas, official says
Venting valuable natural gas into the atmosphere is a "crazy" practice, Interior Secretary Sally Jewell said Tuesday.
View ArticleFeds to review Hilcorp’s plan for manmade island in Arctic
Although other gravel islands have been built in the Beaufort Sea, Hilcorp's proposed Liberty project would be the first oil production facility located entirely in federal waters off the Alaska coast.
View ArticleBLM moves forward with plan to crack down on venting and flaring
A plan to curb natural gas venting and flaring at wells on public land is now being scrutinized in an interagency review process, teeing the proposal up for possible release later this year.
View ArticleObama administration plan would ensure energy companies pay to scrap old...
The move by the Interior Department's Bureau of Ocean Energy Management is designed to ensure that the companies have set aside enough money to dismantle offshore facilities once oil and gas stops...
View ArticleShell abandons Arctic oil quest after $7 billion bid yields ‘disappointing’...
After failing to find commercially viable quantities of oil and gas at its Chukchi Sea well, Shell said it will halt exploring U.S. Arctic waters and could take a $4.1 billion write down.
View ArticleEnvironmentalists and energy companies lobby administration on coming methane...
The Obama administration has telegraphed its plans to "reduce wasteful venting, flaring and leaks of natural gas from onshore wells" on federal and Indian leases nationwide.
View ArticleEven as it walks away from Arctic drilling, Shell keeps door open for future...
The company says it's walking away from oil exploration in U.S. Arctic waters for the "foreseeable future," but it's keeping its options open.
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