U.S. Offshore
News
August 15, 2019
Oil fell for a second day as the U.S.-China trade war escalated against the backdrop of swelling American crude inventories.
News
August 15, 2019
At risk is $17 trillion in U.S. real estate along the coasts, as well as some of America’s most valuable commodities. More than 45% of U.S. refining capacity and 51% of gas processing is along the Gulf of Mexico coastline.
News
August 15, 2019
The U.S. Department of Justice is seeking to seize supertanker Grace 1, arrested last month in Gibraltar on suspicion of hauling Iranian crude oil to Syria in violation of European sanctions.
News
August 14, 2019
The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don’t want the relief.
News
March 07, 2018
U.S. crude production is poised to accelerate this year, reaching the highest annual average on record.
News
March 05, 2018
As tight-oil production continues to grow, the U.S. is positioning itself as a major player in the global crude market, claiming a place it last held more than a century ago. With onshore lower 48 output expected to exceed 11 MMbpd by 2023, the U.S. is poised to become the world’s largest oil producer.
News
March 05, 2018
Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency's latest annual report on oil markets.
News
March 05, 2018
The threat of American tariffs on Canadian steel sent shivers through the northern nation’s oil industry, sparking fears of higher costs for everything from pipelines to drilling equipment.
News
March 02, 2018
A transport ship carrying the first cargo of liquefied natural gas produced for export departed Thursday, March 1, from the Dominion Energy Cove Point LNG terminal, where the newly constructed liquefaction facility is undergoing final commissioning.
News
March 02, 2018
U.S. oil explorers raised the rig count to 800 for the first time in almost three years amid booming domestic and overseas demand for crude and petroleum-based fuels.
News
March 01, 2018
Abrado announced today that it has successfully completed the first casing section milled window utilizing a mud motor to power its patented Medusa expandable dual-string casing section-milling technology to successfully abandon a Gulf of Mexico well.
News
February 28, 2018
Oil is poised for its first monthly decline in half a year as January’s rally fades on growing fears over booming U.S. shale supply.
News
February 27, 2018
The U.S. is leaning toward imposing oil-sector sanctions on Venezuela before the country holds April 22 elections that opposition leaders have vowed to boycott, according to a senior State Department official.
News
February 26, 2018
The outlook for declining oil production in Venezuela may get grimmer if the U.S. bans supply of a key commodity used to help Venezuelan crude flow from oilfields to the coast.
News
February 26, 2018
Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to sidestep traders serving the world’s top crude-buying region.
News
February 22, 2018
Even Saudi Arabia wants in on the U.S. oil boom.
News
February 21, 2018
Halliburton announced today that its Angolan facilities, Luanda – SONILS base, which incorporates the Cabinda – Malembo base and Soyo – Kwanda base facilities, and all of the company’s product service lines in those locations have received the American Petroleum Institute (API) Specification Q2 Registration.
News
February 21, 2018
Abrado announced today that it has completed the first well in a multi-well P&A campaign for an independent GOM operator, using its proprietary Medusa expandable casing section-milling technology.
News
February 21, 2018
Hilcorp Energy Co. announced that its billionaire owner Jeff Hildebrand has stepped down as chief executive officer of the largest closely held U.S. oil explorer.
News
February 20, 2018
LOOP LLC has successfully completed the first very large crude carrier (VLCC) crude oil loading operation at its Deepwater Port, 18 mi offshore of Port Fourchon, La.
News
February 19, 2018
In support of President Donald J. Trump's ‘America-First Offshore Energy Strategy,’ Deputy Secretary of the Interior David Bernhardt announced that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.
