Shale Oil News

Obama Proposes Oil And Gas Drilling Along East Coast

by Ari PhillipsPosted on January 27, 2015 at 4:07 pm Updated: January 27, 2015 at 5:00 pm"Obama Proposes Oil And Gas Drilling Along East Coast"CREDIT: shutterstockOn Tuesday, the Obama administration released a proposal to sell offshore oil and gas leases in new areas of federally owned waters, including regions along the Atlantic Coast from Virginia to Georgia.

Crude Oil Plunge Damping Offshore Supply Vessel, Tugboat Demand

(Bloomberg) -- Japan Marine United Corp., Japans No. has stalled after crude oil plunged to a six-year low. steelmaker JFE Holdings Inc. supply vessels. its Tokyo headquarters. stance. and into the beginning of this year. supply saw oil prices more than halve since June. reviewing its $220 billion, five-year investment plan. container ships --- is brighter. increase sea trade to China and Japan.

Polaris Media agrees contract to supply PR services to Middle East shipyard

Merseyside PR firm Polaris Media has completed a deal to supply PR services to support the 300th drydocking undertaken by Oman Drydock Company (ODC), one of the newest and biggest shipyards in the world.Polaris directors, brothers Ben and Sam Pinnington, attended a special ceremony to mark the milestone at the new port…

China stocks extend slide, pulled down by energy shares

SHANGHAI: China stocks fell on Wednesday on concerns about tighter liquidity, a fresh slide in oil prices and worries that Chinese regulators were intensifying scrutiny of insider trading. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 49.6081 points, or 1.4 per cent, to 3,525.32, while…

Navios Maritime Midstream Partners: Company overview, fleet

Jan 27, 2015 5:34 pm EST Company overviewNavios Maritime Midstream Partners L.P. (NAP) is a Marshall Islands limited partnership recently formed by Navios Maritime Acquisition (NNA). NAP owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum…

Crowley Scholarships Further Educational Opportunities for Three SUNY Maritime College Cadets

NEW YORK CITY, N.Y (PRWEB) January 27, 2015 Crowley Maritime Corporations 2014 Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for three students of State University of New York (SUNY) Maritime College. The recipients, who each sailed with Crowley during their studies, were chosen based on their excellent grades…

Interior plan: Open Atlantic Coast to offshore drilling - Darren Goode

AP PhotoThe Obama administration proposed an unprecedented opening of the waters off the Atlantic coast for oil and natural gas drilling on Tuesday, even as it put vast areas in the Arctic off-limits.The Interior Department’s Bureau of Ocean Energy Management’s new five-year offshore drilling strategy calls for opening the offshore stretch from Virginia to Georgia…

Fuel Fix » Offshore drilling plan targets Atlantic and Arctic waters

WASHINGTON — The Obama administration on Tuesday unveiled a plan to sell offshore drilling leases in Atlantic and Arctic waters that immediately alienated both the oil industry and environmentalists.Oil industry leaders said the draft plan for selling drilling rights from 2017 to 2022 does not go far enough, because it excludes promising territory along the Northeast and off Florida’s east coast…

Obama puts Chukchi, Beaufort areas off-limits for oil drilling

WASHINGTON - The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling indefinitely in environmentally-sensitive areas off Alaska.The proposal envisions auctioning areas located more than 50 miles off Virginia…

Clean Up Begins after Walnut Grove Marina Fire

WALNUT GROVE-Major clean up operations have started after a fire burned down 14 boats at the Walnut Grove Marina early Monday morning. Fire investigators, marina staff, U.S. Coast Guard, contractors and the California Department of Fish and Wildlife were on scene Tuesday. At around 11 a.m., contractors working with insurance companies began cordoning off the affected area with “harbor boom…

Yinson Clinches $2.54B FPSO Contract from Eni for Ghana's OCTP Block

Malaysia's Yinson Holdings Berhad (Yinson, the Group), announced Wednesday it has been awarded a contract for the chartering, operation and maintenance of a floating production storage and off-loading (FPSO) vessel (the Contract) for deployment offshore Ghana by Eni Ghana Exploration & Production Limited (Eni Ghana) via the consortium of Yinson’s wholly-owned subsidiary and joint venture company…

Oil tankers in the front line of Libya's two-government struggleLibya

threatened by air attacks. make runs to and from Libya. governments and tankers are an easy target," he said. keen on risking their tankers. which has declared its own government. to civil war. took threats by Libya's airforce very seriously. if possible," Secretary General Peter Hinchliffe said. the rivals government controls. vessel carry gasoline last week. condemnation. comment.

Feds plan to lease waters off South Carolina for oil and gas exploration

The Atlantic Coast has been off-limits for oil and natural gas drilling for more than three decades, but that could change under a plan proposed Tuesday by federal regulators. The initial plan calls for leasing federal waters off South Carolina, North Carolina, Georgia and Virginia in 2021. The petroleum industry celebrated the proposal, while complaining that it didn’t go far enough.
2015-01-26-359_larsenb_tmo_2002031_536px75.jpg

Not Exactly Forever Ago | Laura Faye Tenenbaum

Last week NASA and NOAA announced that 2014 topped the list of hottest years ever recorded. Yikes!What's worse, the ten warmest years ever recorded have all occurred since 1998. Yikes again!I fear this news story might turn into a blip that gets tons of attention and is then forgotten after a few days. But it's a topic…

Obama administration opens up southern Atlantic coast to offshore drilling but restricts it in Alas

The Obama administration announced plans Tuesday to allow oil drilling in Atlantic waters off several Southeastern states, including Virginia, while moving to restrict access to oil companies along the Pacific and in environmentally sensitive areas off Alaskas northern coast.The proposals could potentially lead to the appearance of offshore drilling rigs from the southern Chesapeake to Georgia…

Spotlight to Shine on Technology at Subsea Expo

New technologies and how their implementation can boost or support oil and gas exploration production will be brought to the fore at this year’s Subsea Expo.For the first time, Subsea UK’s annual conference and exhibition, which takes place from February 11-13, will provide a platform for organizations to introduce, discuss and demonstrate their latest innovations.

Obama administration proposes offshore drilling from Georgia to Virginia

The Obama administration Tuesday announced a draft five-year plan to open the coastal waters off the Southeastern U.S., including Georgia, to offshore drilling starting in 2017.In a move long advocated by energy companies, the U.S. Department of the Interior proposed 14 potential lease sales in eight planning areas 10 sales in the Gulf of Mexico…

Obama Plans Offshore Oil Drilling From Virginia to Georgia

The Obama administration proposed opening to offshore drilling an area from Virginia to Georgia in a policy shift long sought by energy companies but opposed by environmentalists concerned about popular resorts such as the Outer Banks and Myrtle Beach. The proposed offshore plan for 2017-2022 marks the second time President Barack Obama has recommended unlocking areas in the U.S.

Obama blocks oil and gas development in 9.8 million acres of Chukchi and Beaufort

Citing biodiversity and Alaska Native subsistence whaling, the Obama administration moved to block development in 9.8 million acres within the Beaufort and Chukchi seas as part of a new five-year outer continental shelf oil and gas leasing program, the draft of which was released Tuesday morning by the Department of the…

News Review-Pengrowth Energy Corp (USA)(PGH), Scorpio Bulkers Inc(SALT), MeetMeInc(MEET), Cirrus Log

U.S. stocks edged higher on Monday as investors brushed off fears a leftist victory in Greece would bring fresh crisis to the Eurozone and energy stocks advanced.The leftist, anti-bailout Syriza party won decisively in Greek parliamentary elections on Sunday, after running a campaign promising to take on Greece’s international…