accountThe offshore oil industry has come to play an increasingly important role in domestic oil production in the U.S.,
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OFFSHORE OIL DRILLING
The quest for fossil fuel at home is far from over. Soaring prices of gasoline has opened up the debate on whether Washington should revisit the 1981 moratorium on U.S. offshore oil drilling. Whatever is decided will have a huge impact on the oil companies and the U.S. economy.
Offshore Oil Drilling is part of Business Exchange, suggested by
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As much as two billion cubic feet of natural gas reserves in the deep waters of the Gulf of Mexico.
Renewed interest in the Artic has spread beyond U.S. waters. In early June 2012, Secretary of State Clinton toured the...
UK-listed independent Ophir Energy and its partner Brazilian state-controlled oil firm Petrobras expect to drill their...
Apache Corp. has encountered gas in the shallowest objective in the Mbawa-1 exploratory well in the Lamu basin offshore...
Program would open "the vast majority of known offshore oil and gas resources for development over the next five...
New technologies are creating a surge in U.S. crude supplies and bringing hope on the job front. But that is also...
U.S. Interior Secretary Ken Salazar said Wednesday that the first lease sale in the central U.S. Gulf of Mexico since...
The five-story-tall valve that failed to stop the biggest offshore U.S. oil spill is heading toward a $4.
Oil exploration in the Gulf of Mexico has started to climb back toward the record highs seen at the end of the last...
Most US upstream independents are focusing on shifting investment to boost onshore liquids output over natural gas...
The US Bureau of Safety and Environmental Enforcement should modify some existing practices in evaluating offshore...
Fifty-six companies participating in the sale offered 593 bids on 454 tracts encompassing over 2.4 million acres.
To hear industry and even sale sponsor US' Bureau of Ocean Energy Management talk, the first Central Gulf of Mexico...
Chevron Nigeria Ltd. sealed and abandoned the shallow water Funiwa 1A natural gas well offshore Nigeria after drilling...
Booming like never before, the offshore oil and gas industry is exploring ever deeper into the ocean and drilling...
Comet Ridge Ltd., Brisbane, said its US subsidiaries plan to spud an exploratory well in the Grays Harbor area of...
This week there were a total of 1,971 oil and gas drilling rigs working in the US, down by 13 units from the previous...
Total announced the signature of a production sharing contract with the Kenyan government for Block L22, which it will...
New technology and rich reserves are drawing dramatic investment in deep offshore oil exploration.
The US Bureau of Ocean Energy Management scheduled its next Central Gulf of Mexico oil and gas lease sale in New...
OAO Gazprom Neft, the oil arm of Russia’s natural gas exporter, may opt against drilling in two blocks off the West...
US Senate Republicans and Democrats offered similar legislation as the US House adopted a bill that would replace the...
Shell hopes it will hit big oil deposits if it drills in Alaska's Arctic next month, but the region is also a potential...
Top Sources: Offshore Oil Drilling
- science.howstuffworks.com
- ogj.com
- BusinessWeek
- US News
- bloomberg.com
- ap.google.com
- ft.com
- Washington Post
- pennenergy.com
- St. Petersburg Times
