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A service for energy industry professionals · Wednesday, August 10, 2022 · 585,434,701 Articles · 3+ Million Readers
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Offshore Drilling in Gulf of Mexico News Monitoring

  • Published on 18:09 GMT

    Signs of BP's Deepwater Horizon Oil Spill Persist Over a Decade Later

    Fiddler crabs build their burrows in beaches and in the muck of saltwater wetlands. Usually, those holes serve as the crabs’ home and provide each crustacean shelter and a quick escape from predators. But in some long-abandoned fiddler crab burrows along …

    Source: Gizmodo - Neutral
  • Published on Aug 9, 2022

    The Inflation Reduction Act promises thousands of new oil leases. Drillers might not want them.

    The U.S. Senate passed the largest climate action bill in American history on Sunday, clearing the path for hundreds of billions of dollars for clean energy and other climate-related measures (in addition to billions for other Democratic Party priorities). …

    Source: Grist - Uncategorized
  • Published on Aug 9, 2022

    Senate bill passage buoys offshore wind developers – and oil

    August 9, 2022 The U.S. Senate’s passage of the 700-plus-page, omnibus economic and energy Inflation Reduction Act includes $369 billion to advance clean energy programs. This includes offshore wind development and pressing a U.S. transition to …

    Source: WorkBoat - Uncategorized
  • Published on Aug 9, 2022

    'Fantastic - a lovely reservoir': BP executive raves over Canadian oil project

    A top BP executive believes the US$9.4 billion Bay du Nord oil project offshore Newfoundland & Labrador, Canada is a “fantastic” asset in a province that could be evolve into another US Gulf of Mexico. In June, the supermajor acquired a 35% stake held …

    Source: Upstream - Neutral
  • Published on 15:32 GMT

    Biden finally has a climate bill. What happens next?

    Comment on this story Comment For 18 months, President Biden’s climate agenda was in limbo. The White House and Senate Democrats were in bumpy negotiations with Sen. Joe Manchin III (D-W.Va.), talks that often seemed like they’d go nowhere (and, on …

    Source: The Washington Post - Neutral
  • Published on Aug 9, 2022

    Climate bill backs oil leasing: How much of a CO2 problem?

    The Democrats’ massive climate deal is catching heat from environmental activists for guaranteeing years of oil and gas leasing on federal lands and off the nation’s coast. But is the oil trade-off such a bad compromise in the larger fight to reduce …

    Source: Environment & Energy Publishing - Neutral
  • Published on Aug 6, 2022

    Washington Sees Greener Energy Future for the Gulf of Mexico

    New Orleans —  As part of a push toward a green energy future for America, the Biden administration has unveiled plans to develop the oil-rich Gulf of Mexico’s first offshore wind farms. Though still in their infancy, the initiatives could one day generate …

    Source: Voice of America - Public Broadcaster
  • Published on Aug 9, 2022

    Deepwater Horizon Oil spill: no crude joke ten years on

    The 2010 Deepwater Horizon oil rig disaster which resulted in the deaths of 11 workers and spilled almost 800 million litres of oil into the Gulf of Mexico, has faded somewhat from our conscience, and most of the clean-up work is finished. But new research …

    Source: Cosmos Magazine - Uncategorized
  • Published on 18:09 GMT

    Noble's floating rigs fully contracted in Q2

      Offshore driller Noble Corp reported on August 8 that its fleet of floating rigs was 100% contracted in the second quarter, as higher oil and gas prices spurred upstream companies to ramp up operations. "Demand for offshore drilling is increasing in …

    Source: OGV Energy - Neutral
  • Published on 17:13 GMT

    How the Inflation Reduction Act Will Fight Climate Change

    Democrats are on the verge of passing America's first significant climate legislation, making good on President Joe Biden's promise to cut the country's fossil fuel emissions with hundreds of billions of dollars to fight climate change. On …

    Source: Cnet - Neutral
  • Published on 12:14 GMT

    How the climate bill would shift offshore wind in 4 states

    The Democrats’ climate bill would erase former President Donald Trump’s 10-year moratorium on offshore wind in the U.S. Southeast, but few experts are betting on a regionwide surge in projects. Signed by Trump in 2020, the moratorium banned new leasing for …

    Source: Environment & Energy Publishing - Neutral
  • Published on Aug 8, 2022

    Oil’s prospects fade further under Senate climate bill

    For close to a century oil has reigned as the United States’ dominant source of energy. Cars and trucks on American roads burn hundreds of millions of gallons of petroleum-based fuel each day. But with close to $370 billion in federal funding to expand tax …

    Source: Houston Chronicle - Texas - Center-left
  • Published on 06:41 GMT

    Valaris (VAL) and Its Peers Head-To-Head Contrast

    Valaris (NYSE:VAL – Get Rating) is one of 40 publicly-traded companies in the “Drilling oil & gas wells” industry, but how does it weigh in compared to its competitors? We will compare Valaris to related companies based on the strength of its earnings, …

    Source: Defense World - Neutral
  • Published on 06:32 GMT

    Inflation Reduction Act: What does this new bill mean for climate change mitigation?

    Overall, the new bill is the first big step the US is taking to avoid runaway climate change On August 7 2022, the US Senate passed one of the most important legislations in its history. The bill, formally known as the Inflation Reduction Act would …

    Source: Down to Earth - Uncategorized
  • Published on Aug 5, 2022

    With King's Quay online, Murphy Oil turns attention to future Gulf of Mexico projects

    Highlights King's Quay now producing 70,000 boe/d, 87% oil Two wells left to drill in initial 7-well program US Gulf assets 'a home run' for company's production Murphy Oil is bulking up its US Gulf of Mexico portfolio with larger …

    Source: S&P Global - Neutral
  • Published on Aug 4, 2022

    Hess Encouraged By Huron Well In Gulf Of Mexico

    American independent energy company Hess Corporation has seen some promising results from the drilling operations concluded in the second quarter of 2022 at the Huron well. The well is located at Green Canyon Block 69 in the Gulf of Mexico where the …

    Source: Rigzone - Neutral
  • Published on 03:47 GMT

    Byron Energy (ASX:BYE) lifts SM58 production after bringing G3 and G5 wells online

    Subscribe Be the first with the news that moves the market Byron Energy (BYE) continues to maintain production from the G3 and G5 wells in its offshore South Marsh Island 58 (SM58) project in the Gulf of Mexico The company says both wells are being …

    Source: The Market Herald - Neutral
  • Published on 02:44 GMT

    Marin, state stand to gain from historic new climate and energy bill

    From offshore wind turbines to electric vehicles to solar panels, the state — and Marin — stand to emerge as major winners with the passage of a historic climate and energy bill in Washington, D.C., which experts said could supercharge California’s already …

    Source: Marin Independent Journal - California - Neutral
  • Published on Aug 9, 2022

    The five ways the Inflation Reduction act will fight climate change

    More clean energy, less dirty energy, new punishments for methane leaks and billions of dollars for communities most in need of climate-related help — those are the provisions that have environmentalists celebrating what they see as a monumental step for U …

    Source: NBC News - Center-left

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