offshore-drilling

Last year's oil disaster in the Gulf of Mexico crippled most of the region's offshore-drilling industry, battered the coast's economy and hobbled one of the world's most powerful oil companies, BP PLC.

Halliburton Emerges From Gulf Disaster Unscathed Ben Casselman 2011

NEW ORLEANS—Michael Bromwich, the top U.S. offshore-drilling regulator, said Tuesday that the speed with which some oil and gas companies are shrugging off last year's deadly Deepwater Horizon disaster as an aberration is disturbing.

U.S. to Issue More Gulf Drilling Permits Ryan Dezember 2011

Following last year's Deepwater Horizon oil spill in the Gulf of Mexico off the Louisiana coast, Mr. Salazar and other U.S. officials have been engaging Mexico, Brazil and other countries in discussions about offshore-drilling safety, following on U.S. actions to tighten safety standards.

Cuba's Deep-Water Drilling Proposal Raises Concern Ryan Tracy 2011

LONDON—The U.K.'s recent tax increase on North Sea oil and gas production has already had a marked impact on business confidence in the sector, the industry's representative body said Wednesday, ahead of the latest attempt to persuade the government to reverse a March decision to raise the levy on offshore-drilling profits.

Tax Hits Confidence of North Sea Oil Producers Alexis Flynn 2011

A federal judge on Feb. 17 ordered the department to act on five pending applications for offshore-drilling permits within 30 days, ruling in favor of London-based Ensco PLC, which had sued the Interior Department.

Interior Department to Rule on Drilling Applications Ryan Tracy 2011

"Obviously because it's located sixty miles off the coast of Florida, it's an issue that we're monitoring very carefully," Mr. Salazar said during a forum on offshore-drilling safety.

Cuba's Deep-Water Drilling Proposal Raises Concern Ryan Tracy 2011

Danenberger III, a former federal official who oversaw U.S. offshore-drilling rules until he retired in 2009.

Exxon, U.S. Government Duel Over Huge Oil Find Russell Gold 2011

Exxon and Statoil are suing the government because offshore-drilling regulators say the companies failed to follow federal rules and denied their application for lease extensions for the find.

Exxon's Billion-Barrel Secret Ángel González 2011

"We have a brand new Congress coming fresh from outside D.C. and they have seen what the economy is doing," said Randall Luthi, president of the offshore energy group National Ocean Industries Association and former head of the Interior Department's offshore-drilling agency.

Republicans Attack Obama Drilling Policies as Crude Prices Rise Tennille Tracy 2011

The meeting comes as pressure mounts on Chancellor of the Exchequer George Osborne to reverse the tax increase on offshore-drilling profits.

U.K. Accounting Groups Say Oil-Tax Rise Poses Risk Alexis Flynn 2011