oil drilling

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Alaska Pipeline Getting Dangerously Cold

It's shipping less oil, which lowers temperature and causes trouble

(Newser) - Northern Alaska isn’t producing as much oil as it used to, and that could spell disaster for the Trans Alaska Pipeline. The pipe now transports about a third as much oil as it did at its peak, which makes the entire process about five times slower. That in turn...

Halliburton More Than Doubles Its Profits in Q1

North American drilling, high oil prices help

(Newser) - Despite challenges arising from political unrest in the Arab world, Halliburton's net income has more than doubled during the first quarter of 2011. The oil-field services company credits the soaring earnings to an increase in unconventional North American oil and natural-gas drilling; the AP reports that North American revenue...

Feds: Big Oil Not Using the Leases They Have

Interior Department issues report to push back against complaints

(Newser) - With oil companies and Republicans criticizing the Obama administration for being too slow to issue new offshore drilling permits in the wake of the Deepwater Horizon disaster, the Interior Department hit back with a report yesterday revealing that the industry isn’t using the majority of the leases it already...

US Greenlights Gulf's 1st Deepwater Well Since Spill

Feds under pressure to drill as oil prices skyrocket

(Newser) - With oil prices again spiking above $100 a barrel, the US issued its first deepwater drilling permit in the Gulf of Mexico since the Deepwater Horizon made ocean-disaster history in the region. Noble Energy got the go-ahead to continue work on its Santiago well, which it had begun drilling just...

Deep-Water Drilling Could Resume in Weeks

13 companies to get the OK to resume work on 16 wells

(Newser) - It looks like the oil industry will be able to resume deep-water drilling in the Gulf of Mexico in the next month or two, reports the Wall Street Journal . Even though the Obama administration lifted the moratorium put into place after the Deepwater Horizon disaster in April, it hasn't issued...

US Lifts Moratorium on Drilling Early

Feds again allow deepwater work in Gulf

(Newser) - The government's controversial moratorium on deepwater drilling in the Gulf of Mexico is ending more than a month early. The Interior Department lifted the ban this afternoon, opening the way for drilling to resume within weeks, the AP reports. The feds are satisfied that new rules put into place will...

Contaminated Wells Leave Wyoming Town Thirsty

Gas drilling may be to blame

(Newser) - It's not Mexico, but rather the unlikely locale of Wyoming where feds are telling people not to drink the water. The EPA yesterday warned against using the water from 40 wells in the Pavillion area, including 17 contaminated by hydrocarbons—thought to be possibly related to oil and gas drilling...

Drilling Ban Put 23K Out of Work

But BP's paying for it, White House says

(Newser) - The federal moratorium on deepwater drilling isn't helping unemployment, with some 23,000 workers out of work as a result if the ban holds for six months. A July 10 White House memo showed that the ban would idle 9,450 people directly, and another 14,000 indirectly, reports the...

As US Sits, Other Nations Press Ahead on Drilling

Canada, Norway among those leading the way

(Newser) - While the Obama administration moratorium on new offshore drilling remains in place, other countries are moving forward with their drilling projects. Brazil, Nigeria, and Angola are among those taking advantage of the suddenly available drilling resources and rigs freed by the moratorium, reports the Washington Post .

New Containment Cap Reaches Oil Well
 New Containment Cap 
 Reaches Oil Well 
UPDATED
Jul 12, 2010 6:57 PM CDT

New Containment Cap Reaches Oil Well

Feds revise deepwater drilling ban

(Newser) - A new containment cap has just moved into position atop the ruptured oil well beneath the site of the Deepwater Horizon disaster, and officials are taking a wait-and-see attitude about the new equipment, MSNBC reports. "Until we have the cap on, securely fitted in place, and know it's operating...

Judge Won't Delay His Ruling to Lift Moratorium

White House wanted a stay while it appeals to higher court

(Newser) - A federal judge in New Orleans has refused to delay his decision to strike down a 6-month moratorium on deepwater drilling imposed after the oil spill in the Gulf of Mexico. The Justice Department had asked US District Judge Martin Feldman to stay his ruling while it appeals to the...

BP Plans Risky Drilling From Fake Alaska Island

Project not affected by any offshore moratorium

(Newser) - BP awaits final go ahead for its next ambitious drilling project, reports the New York Times, this time just off the Alaskan coast. Although approved as an onshore project, and thus not affected by a moratorium on offshore drilling, the location sits three miles off the coast in the Beaufort...

Judge Blocks Drilling Ban; White House Will Appeal

Affected companies oppose 6-month moratorium

(Newser) - The Obama administration may not impose a 6-month moratorium on deepwater oil drilling in the Gulf of Mexico, a federal judge in New Orleans ruled today. The White House immediately said it plans to appeal the decision, CNN reports . The Interior Department imposed the ban in the wake of the...

Louisiana Oil Industry Fears Drilling Ban Fallout

State projects loss of 20K jobs during 6-month moratorium

(Newser) - President Obama's 6-month drilling moratorium in the Gulf of Mexico is intended to head off another environmental disaster, but it may end up causing an economic one. The oil industry makes up one-sixth of Louisiana's GDP, and the state estimates the ban would result in 20,000 jobs lost, NPR...

EPA Considers Cutting All Contracts With BP

Move would cost the company billions of dollars

(Newser) - News to cheer those who say the government has gone too easy on BP: The EPA is considering scrapping its federal contracts, a move that would cost the company billions, reports Pro Publica . It's far from a done deal, and any such action would depend on the results of the...

BP's Safety Record Murky
 BP's Safety Record Murky 
May 9, 2010 10:15 AM CDT

BP's Safety Record Murky

Refinery blast, pipeline spill, safety violations

(Newser) - As the Gulf of Mexico turns into an oil-slicked environmental disaster, BP is quick to point the finger at Transocean, the owner and operator of the doomed Deepwater Horizon. But, as the New York Times reports, the oil giant itself has a history littered with spills, blowouts, safety violations, and...

Oil Drilling Yields First Spat Between Gore, Obama

Former VP's alliance issues statement critical of plan

(Newser) - President Obama's decision to allow offshore drilling in the Atlantic has resulted in his first public disagreement with Al Gore. The former vice president's environmental group issued a statement critical of the policy, asserting that we "cannot simply drill our way to energy security." In the past, Gore...

Pundits Skeptical on Obama Drilling Plan

Some doubt that the legislative strategy will pay off

(Newser) - President Obama's plan for more offshore drilling has critics on the left and right quick to weigh in:
  • Rick Klein, the Note : "It has the looks of a classic Obama first step that leaves no one satisfied—and irks some allies."
  • Matthew Yglesias, Think Progress : "I don’
...

BP Discovers Huge Oil Store in Gulf of Mexico

Firm drills world's deepest oil well, finds 3B barrels

(Newser) - BP discovered a massive oil cache under the Gulf of Mexico after drilling the world’s deepest exploration well, Bloomberg reports. The discovery at Tiber Prospect may hold reserves equivalent to 3 billion barrels. In order to find it, BP engineers drilled to a total depth of 35,055 feet—...

Peru Army Cracks Down on Amazon Eco Uprising

(Newser) - The Peruvian Army has imposed a curfew and set up checkpoints following deadly clashes with indigenous tribes protesting plans to drill for oil and gas in ancestral homelands in the Amazon region, reports the BBC. Dozens of people, both police and protesters, were killed in the clashes that mark the...

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