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Tag Archives: Offshore Drilling

Keep it in the ground: Bernie Sanders wants to ban new fossil fuel development

On Wednesday, presidential hopeful Bernie Sanders announced his support for a new bill that would ban all new fossil fuel development on United States’ federal lands while cancelling the current leases which aren’t producing, reports Mother Jones. The bill, titled the “Keep It In The Ground Act,” would also prohibit offshore oil and gas drilling in both the Arctic and ...

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Diamond Offshore says 2 rig contracts with Petrobras terminated

Diamond Offshore Drilling Inc, one of the world’s top-five offshore rig contractors, said contracts for two rigs with Brazil’s Petrobras had ended ahead of schedule. The company said it had secured an 875-day extension on another rig working for the Brazilian oil and gas producer in exchange for the terminations. Diamond, which also reported a better-than-expected quarterly profit on Monday, ...

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Fracking rules for coastal Virginia focus of 2 hearings

RICHMOND, Va. — Hearings are scheduled this week on proposed new rules for oil and gas drilling in Virginia’s coastal plain. The Virginia Department of Mines, Minerals and Energy has scheduled hearings Monday and Tuesday in the Fredericksburg area and in Richmond. The hearings will focus on proposed changes in so-called fracking, a drilling process that uses a cocktail of ...

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Senators want drilling ban on outer continental shelf

LOS ANGELES — A group of Democratic senators on Wednesday proposed permanently banning offshore drilling on the outer continental shelf off California, Oregon and Washington. A bill to be formally introduced shortly would block federal leases for the exploration, development or production of oil or natural gas in any area of the outer continental shelf off the coast of the ...

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Why we must drill for oil in the arctic

Some green campaigners seem to believe Shell boss Ben van Beurden would be happy dunking polar bears in thick, black crude oil if it helped make the planet even hotter. But van Beurden, the 57-year-old engineer who has run Royal Dutch Shell for nearly two years and has given the company the green light to drill in Arctic waters, believes ...

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Climate coalition urges no new fossil fuel leasing off Virginia, other public areas

offshore rig

Even as offshore Virginia is eyed as a potential site for federal oil and gas leasing, a climate coalition is urging the president to halt new fossil fuel development on public lands and oceans. The coalition plans to deliver a letter signed by more than 400 individuals and groups to the White House Tuesday morning, calling on President Barack Obama ...

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Republicans oppose new safety rules on offshore drilling

NEW ORLEANS — Republican lawmakers on Tuesday criticized an Obama administration move to toughen standards for offshore drilling, saying the new rules would be costly for drillers and threaten to shut down oil and gas exploration off the nation’s coasts. The Interior Department is preparing to issue standards to close what it says are gaps in blowout preventer rules. A ...

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