September 17, 2012 |
Shell Alaska said Monday it has abandoned its efforts to drill into hydrocarbon deposits in the offshore Arctic after the latest in a series of glitches on the company's troubled oil containment barge resulted in damage to the high-tech dome designed to contain oil in the event of an underwater spill. Company officials said they will continue to drill "top holes" off the Alaskan coast through the end of this season's drilling window, but will not attempt to reach any oil deposits this year -- a serious but not fatal setback for the company, which has spent six years attempting to explore its outer continental shelf leases off the coast of Alaska.
August 22, 2012 |
Mitt Romney will unveil an energy plan Thursday that he says will allow North America to be energy independent by 2020 and decrease costs to consumers by increasing domestic production. The plan, released to reporters Wednesday, includes approving the Keystone XL pipeline bringing oil from Canada to Texas - President Obama has put off a decision until after the election - and increasing domestic production to spur job growth. Romney outlined a handful of specifics to accomplish his goals, among them streamlining existing environmental laws and "aggressively" opening new offshore areas for drilling, starting with Virginia and the Carolinas.
July 15, 2012 |
SEATTLE - Shell's Arctic oil ambitions ran into new problems Saturday evening when the Discoverer drilling rig, slated to begin exploratory operations in the Chukchi Sea next month, ran adrift in stiff winds in Alaska's Dutch Harbor and came perilously close to the beach. The vessel 's anchor failed to hold and the 514-foot ship began drifting, but its movement was halted when tug boats were called in to assist, Coast Guard spokeswoman Sara Francis told the Los Angeles Times.
May 25, 2012 |
SEATTLE -- The heaviest polar ice in more than a decade is clinging to the northern coast of Alaska and could postpone the commencement of offshore oil drilling in the Arctic until the beginning of August - a delay of up to two weeks, Shell Alaska officials said Friday. Unveiling the newly refurbished ice-class drilling rig that is poised to commence plumbing two exploratory wells this summer in the Beaufort Sea, Shell executives said the unusually robust sea ice would further narrow what already is a tight window for operations in a $4-billion program designed to measure the extent of what could be the United States' most important new inventory of oil and gas. Shell has pledged to end its first season of exploratory drilling by Oct. 31 in the Beaufort Sea and 38 days earlier in the more remote Chukchi Sea to remain within the relatively ice-free summer season.
May 20, 2012 |
LAFAYETTE, La. - Visitors to this oil town might be forgiven for wondering whether the BP oil spill and subsequent drilling moratorium ever happened. "Now hiring" signs are plastered on billboards around town, and hotels such as the Crowne Plaza are chock full of seminars training students to work on offshore rigs. Many offshore companies can't find enough workers for the jobs they're listing. This parish has the lowest unemployment rate in Louisiana, 4.8%. Such is the opportunity on the offshore rigs that Sheila Clark, whose husband, Donald, died in the Deepwater Horizon explosion two years ago, said her 22-year-old son recently asked her how she'd feel if he went to work on a rig. "I can't stop him," said Clark, who moved to Baton Rouge after her husband's death.
April 17, 2012 |
WASHINGTON - Two years after the Deepwater Horizon explosion unleashed the worst oil spill in American history, Congress has failed to take meaningful action to prevent a similar disaster, according to a new report from members of a presidential panel. The report cited significant progress by the Obama administration and the oil industry, giving them a B and a C+ grade, respectively, for their efforts to bolster safety, spill response and resources. Congress, however, got a D grade for its inability to "enact any legislation responding to the explosion and spill.