Offshore

Auto Added by WPeMatico

Environmentalists Protest as Biden Administration Approves Huge Oil Export Terminal Off Texas Coast

WASHINGTON (AP) — In a move that environmentalists called a betrayal, the Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States. The Sea Port Oil Terminal being developed off Freeport, Texas, will be able to load two …

Environmentalists Protest as Biden Administration Approves Huge Oil Export Terminal Off Texas Coast Read More »

AccuWeather Forecasts Near-Record Storms this Atlantic Hurricane Season

U.S. private forecaster AccuWeather expects an above-average 2024 Atlantic hurricane season with a near-record number of storms and a greater than usual risk of direct impacts in parts of Florida, Texas and the Carolinas, it said on Wednesday. This year’s hurricane season, potentially one of the most active in history, begins on June 1, but …

AccuWeather Forecasts Near-Record Storms this Atlantic Hurricane Season Read More »

Oil Industry, Green Groups Challenge Biden Offshore Drilling Plan

(Reuters) – Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden administration’s five-year plan to offer drilling leases in the Gulf of Mexico. The petitions to a U.S. appeals court come four months after the Interior Department unveiled a congressionally-mandated plan for offshore leasing that included just three sales, the …

Oil Industry, Green Groups Challenge Biden Offshore Drilling Plan Read More »

More Oil Tankers shun Southern Red Sea After U.S.-led Strikes in Yemen

At least six further oil tankers have either diverted their course away from, or paused before entering the southern Red Sea since the weekend, ship tracking data from LSEG and Kpler show. That takes the total number of shipping disruptions counted by Reuters to at least fifteen in total since the U.S.-led strikes on Houthi …

More Oil Tankers shun Southern Red Sea After U.S.-led Strikes in Yemen Read More »

Norway’s Oil and Gas Companies to Step Up Exploration This Year

Country seeks to maintain position as a key supplier to Europe As many as 50 wells are expected to be drilled: directorate Norwegian oil and gas companies will drill more exploration wells this year as the country seeks to maintain its position as a key supplier to Europe. Between 40 and 50 wells are expected to be …

Norway’s Oil and Gas Companies to Step Up Exploration This Year Read More »