Governor Cooper announced today that the North Carolina Department of Environmental Quality will submit formal comments opposing offshore seismic testing for oil drilling on North Carolina’s coast.
Ensco/Rowan merger leads to further consolidation of the offshore drilling market. Some observers even believe that it could lead to increased pricing power. I
I discuss a potential long-term bet on the offshore drilling market. I believe that it's better to avoid the biggest established drillers and choose Pacific Dri
To protect our oceans, coastal communities, and climate, we must stop Big Oil from expanding offshore drilling. The Arctic is no place for drilling. Join us ...
Markets have been waiting for U.S. energy producers to slash output during a period of depressed crude prices. But these companies have been paying their top executives to keep the oil flowing.
Advances in technology have enabled ExxonMobil to produce offshore oil and gas deposits in water depths that were impossible a generation ago. Learn more.
The government has downplayed the climate impacts of oil drilling, but a new study shows that keeping oil in the ground will help fight climate chang...
Offshore drilling companies coming to terms with low oil prices requires more than laying off workers and just trying to hang on until the industry...
SEMS II has transformed how the offshore oil and gas industry works, including how hazards are identified and addressed.
Greetings Earthlings. Some of us have been entertaining dystopian nightmare visions of butt-ugly oil drilling platforms running up and d...
Erdogan’s Turkey has been warning us for years, in the familiar, brutal and extortionist manner that is its specialty, not to open the chapter relating …
Efficiency gains and technological advances have resulted in the need for far fewer rigs drilling oil and natural gas wells.
With infrastructure cybersecurity becoming a growing concern for businesses globally, it is not surprising that yet another industry association – the International Association of Drilling Contractors (“IADC”) – has issued cybersecurity guidelines for its members. IADC’s Guidelines for Assessing and Managing Cybersecurity Risks to Drilling Assets address the cyber risks affecting the “digital oilfield” – … Continue reading
Oil prices have fallen. What effect will that have on the oil industry – and on the climate? Find out with our 60-second animation
This is classic overproduction based on time-preference mis-coordinating the use of capital due to artificially-low interest rates. It has nothing to do with a normally functioning market...
A News4 I-Team investigation found some of the world's biggest environmental groups have been investing in the oil and gas industry for years.
Offshore energy production can provide key revenue to our coastal states for our crumbling infrastructure and struggling public school systems, while allowing U.S. consumers to reap the rewards of rel
No one cares much about “offshore” as a strategy anymore - it has become part of the fabric of managing a global operating model
What is the impact of the increasing market competition and growing financial pressure for offshore companies? From a business perspective, streamlining oper...
The new generation of oil rigs: enormous, energy-conscious, and equipped with Internet cafes
Far above the Arctic Circle, one of the longest-running controversies in U.S. oil drilling is about to reignite.