Home » Posts tagged 'oil drilling'
Tag Archives: oil drilling
Norway’s Supreme Court to Decide on Climate Lawsuit Challenging Offshore Arctic Oil Drilling
Norway’s Supreme Court to Decide on Climate Lawsuit Challenging Offshore Arctic Oil Drilling The Supreme Court of Norway is set to rule in a high-profile climate change lawsuit challenging the Norwegian government’s licensing of new offshore oil drilling in the fragile and rapidly warming Arctic region. The forthcoming decision from Norway’s highest court could, for the first time […]
Erdogan: Cyprus Oil Drilling Is A Security Threat To East Mediterranean
Erdogan: Cyprus Oil Drilling Is A Security Threat To East Mediterranean The Eastern Mediterranean will face a security threat should Cyprus continue its unilateral operations of offshore oil and gas exploration in the region, Turkey’s President Recep Tayyip Erdo?an said in a speech at think tank Chatham House in London on Monday. Turkey, which recognizes […]
Why Americans Will Never Agree on Oil Drilling in the Arctic National Wildlife Refuge
Why Americans Will Never Agree on Oil Drilling in the Arctic National Wildlife Refuge After decades of bitter struggle, the Arctic National Wildlife Refuge seems on the verge of being opened to the oil industry. The consensus tax bill Republicans recently passed retains this measure, which was added to gain the key vote of Alaska Sen. […]
Trump Eyes Arctic Wildlife Refuge for Oil Drilling, Alarming Gwich’in
Trump Eyes Arctic Wildlife Refuge for Oil Drilling, Alarming Gwich’in In the remote north-eastern corner of Alaska, just under 20-million acres have been set aside as a federal protected area since 1960. The Arctic National Wildlife Refuge has recently come under threat, however, with President Donald Trump’s Department of the Interior proposing lifting restrictions on seismic exploration. […]
The Destruction of a Vast Transnational Nursery?
The Destruction of a Vast Transnational Nursery? Back in May 2013, a word came to mind that I wanted to see in all our vocabularies. It wasn’t the ever-present “terrorist” but “terrarist” and I meant it to describe people intent on destroying the planetary environment that had welcomed and nurtured so many species, including our […]
Visualizing The World’s Deepest Oil Well
Visualizing The World’s Deepest Oil Well In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore. While these depths are impressive, Visual Capitalist’s Jeff Desjardins notes that mining is limited by the frailty of the human body.Going much deeper would be incredibly […]
Shell Oil Spill Cleanup Operation Ends As Voices Against New Gulf Drilling Grow Louder
Shell Oil Spill Cleanup Operation Ends As Voices Against New Gulf Drilling Grow Louder Five days after Royal Dutch Shell reported an estimated 88,000 gallon crude oil leak in the Gulf of Mexico from its operations in the Glider field, the oil company and the U.S. Coast Guard agreed to halt skimming operations used in the cleanup because they were no […]
Extreme Weather, Widespread Flooding Hammer Louisiana as Federal Government Prepares to Lease Gulf of Mexico for Drilling
Extreme Weather, Widespread Flooding Hammer Louisiana as Federal Government Prepares to Lease Gulf of Mexico for Drilling Walter Unglaub never thought flooding would threaten the carriage house he rents in St. Tammany Parish, Louisiana. It is on a bluff 30 feet above the Bogue Falaya River, in an area that is not considered a flood zone. But that didn’t […]
Obama Slams The Door On Future U.S. Arctic Drilling
Obama Slams The Door On Future U.S. Arctic Drilling The Obama administration officially shut the door on Arctic drilling, a move that could prevent any new drilling for years to come. The U.S. Department of Interior announced on October 16 that it would cancel two lease sales for offshore acreage, which had been scheduled to take place […]
China’s offshore CNOOC started to peak in 2010
China’s offshore CNOOC started to peak in 2010 The China National Offshore Oil Corporation (CNOOC) is the largest producer of offshore oil and gas in China. Production statistics should therefore be pretty much indicative of what is happening along China’s coastline. Data from annual reports show that net oil and gas liquids production in 4 […]
We May Not See Arctic Oil For Decades
We May Not See Arctic Oil For Decades Shell’s Arctic campaign this year will be pivotal. If the company cannot find large reserves of oil, it will likely set back Arctic oil development for a generation. The Financial Times reported that Royal Dutch Shell will not see Arctic oil come online anytime soon, even in the best […]
Where Have All The Rigs Gone?
Where Have All The Rigs Gone? Baker Hughes publishes a weekly oil and gas rig count by producing basin. I have created charts of all the most productive basins in order that we can see where oil and gas rigs are increasing or decreasing. Their historic rig count, by basin, goes back 4 years. It needs […]
Why U.S. East Coast Should Stay Off-Limits to Oil Drilling
Why U.S. East Coast Should Stay Off-Limits to Oil Drilling It’s not just the potential for a catastrophic spill that makes President Obama’s proposal to open Atlantic Ocean waters to oil exploration such a bad idea. What’s worse is the cumulative impact on coastal ecosystems that an active oil industry would bring. by carl safina When […]
Oil Price Collapse Hurting Some More Than Others
Oil Price Collapse Hurting Some More Than Others U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. While […]
Oilfield Writedowns Loom as Crude Slump Guts Drilling Values
Oilfield Writedowns Loom as Crude Slump Guts Drilling Values Tumbling crude prices will trigger a flood of oilfield writedowns starting this month after industry returns slumped to a 16-year low, calling into question half a decade of exploration. With crude prices down more than 50 percent from their 2014 peak, fields as far-flung as Kazakhstan […]
