Drilling

Oil

Environmental groups to challenge Arctic lease sale again

ANCHORAGE, Alaska (AP) — A dozen environmental groups told a federal court Monday they are renewing a challenge to the 2008 federal petroleum lease sale off Alaska's northwest shore, where Royal Dutch Shell PLC hopes to drill exploratory wells this summer.

The groups have twice obtained court rulings that said environmental analysis preceding the Chukchi Sea sale was flawed. The Department of Interior in March concluded that it had corrected mistakes.

Oil

More retirements for deepwater rigs

Source: 
FuelFix

A top executive of Seadrill says there’s no end in sight for the trend of sidelining and scrapping deepwater rigs, FuelFix reports.

Oil

US oil and natural gas rig count drops by 10 to 875

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 10 this week to 875.

Houston-based Baker Hughes said Friday 646 rigs were seeking oil and 225 explored for natural gas. Four were listed as miscellaneous. A year ago, with oil prices nearly double the current levels, 1,866 rigs were active.

Oil

Oil industry tilts at feds over Arctic relief wells

Source: 
FuelFix

The insistence that oil companies be able to drill relief wells in the event of an emergency is a major sticking point when it comes to the Obama administration plan to allow Arctic drilling, according to comments filed by groups including the American Petroleum Institute, FuelFix reports.

Oil

No waste water permit for Shell Arctic fleet in Seattle

Source: 
Seattle Post-Intelligencer

Shell appears unfazed by the latest opposition in Seattle to its Arctic drilling fleet: A decision by King County to deny the ships a permit to discharge waste water into the regional sewer system, the Seattle Post-Intelligencer reports.

Oil

Hard times for oil industry to continue: Seadrill

Source: 
Reuters

There won’t be any letup in the tough conditions for the oil industry, at least through the end of next year, according to the world’s number two offshore driller Seadrill, which foresees continued spending cuts, Reuters reports.

Oil

Norway's king opens Arctic drilling conference in Alaska

ANCHORAGE, Alaska (AP) — Norway's king opened a conference on Arctic offshore drilling Wednesday with a plug for incorporating his country's expertise into drilling off Alaska's northern shores.

"Norway and Alaska have much to learn from each other and plenty to gain from increasing our economic collaboration in the Arctic, particularly in the oil and gas sector," King Harald V told industry representatives at the Arctic Offshore Operations Conference in Anchorage.

Oil

Croatian dilemma: Oil in the Adriatic, or tourism

MEDULIN, Croatia (AP) — Peter Fries has been coming to Croatia for years after falling in love with its pristine coastline, fresh seafood, mellow wine and friendly hosts.

With Croatia announcing it will allow oil drilling in the Adriatic Sea, the 60-year-old German businessman is having second thoughts about his loyalty to this Mediterranean tourist haven known for glorious sunsets over sparkling seas and white pebble beaches shadowed by thick pine forests.

Oil

Alberta wildfires force oil firms to pull staff

Source: 
Reuters

Major oil companies including Statoil, Cenovus and Canadian Natural Resources have pulled staff out of their oil sands operations in Alberta because of wildfires burning in the area, Reuters reports.

Oil

Mexico OKs 26 to bid on shallow leases, including Exxon, Chevron

Source: 
FuelFix

Nineteen companies and seven groups will be allowed to bid on shallow water leases in Mexico, including Exxon Mobil and Chevron, FuelFix reports.

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