Latest Offshore oil and gas in the United States Stories
As part of a five year proposal unveiled Wednesday, the White House announced plans to open new areas in the Gulf of Mexico and Alaska for offshore oil drilling, but will continue to prohibit development on the East and West Coasts.
HOUSTON, June 13, 2011 /PRNewswire/ -- Texas Oil and Minerals (OTC MARKETS: BNPD), http://www.texasoilandmineralsinc.com, is very happy to announce today that they have finalized the purchase of a twenty-five percent working interest in the Bryan Estate Leases located in the Damon Mound Field in Brazoria County Texas.
SMU professor highlights negative impacts of new Interior restrictions on offshore oil, natural gas operations DALLAS, July 12 /PRNewswire-USNewswire/ -- Responding to the U.S. Department of Interior's announcement today of new restrictions on deepwater oil and natural gas projects, Dr.
WASHINGTON, June 25 /PRNewswire-USNewswire/ -- National Ocean Industries Chairman Burt Adams today issued the following statement on calls for liability caps and tax cuts for offshore industry: "NOIA and its members welcome a thoughtful and rational discussion of our Nation's energy needs and energy supply; however, such a discussion should not be an emotional knee jerk reaction to the ongoing crises in the Gulf of Mexico.
Production Off Atlantic Coast Important, But Congressional Moratoria Must be Lifted WASHINGTON, March 31 /PRNewswire-USNewswire/ -- Securing America's Future Energy (SAFE) today praised President Obama's announcement that the federal government will pursue oil and gas development in areas off the Atlantic Coast and in new areas in the Gulf of Mexico, but also cautioned that much work remained to open some of the nation's most productive offshore areas to energy production.