Offshore Drilling News

Democrat Terry McAuliffe is taking heat from Republican foes over what they've termed his flip flopping positions on two forms of fossil fuel energy: coal and offshore drilling for oil and natural gas.

Vice President Joe Biden told recent graduates from the U.S. Coast Guard Academy that drilling for offshore oil is harming the country's environmental security.

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U.S. Sens. Mark Warner and Tim Kaine introduced legislation Wednesday that would lift the federal ban on exploration and drilling for natural gas and oil off the coast of Virginia.

Virginia's U.S. senators have introduced a bill to allow offshore energy leases off the coast of Virginia.

Fla. State Rep. Keith Fitzgerald, a high-ranking two-term Sarasota Democrat, told the Federation of Manatee County Community Associations Tuesday night that judging from comments Crist made Tuesday afternoon, Republican House speaker-designate Dean Cannon of Orlando appears to be near success in persuading the newly-re-registered governor to ... (more)

May 12, 2013 More Idiocy on the Idiotic TSA's Idiotic TWIC Posted by Becky Akers on May 12, 2013 07:04 AM One "consulting engineer in the offshore oil business" writes that "If you want to fly to any offshore oil platform, like in the Gulf of Mexico, you must have a TWIC card just to board the transport helicopter because being on an offshore oil ... (more)

About 50 people joined hands at Oriental Bay beach in Wellington yesterday as a symbol of their protest against United States oil giant Anadarko, which plans to explore for oil in Pegasus Basin, off Wellington's south coast, later this year.

Activist investor Carl Icahn at the 32nd Annual Gala for the Police Foundation in New York, March 16, 2010.

Glencore Xstrata appointed former BP chief executive Tony Hayward as interim chairman after John Bond was ousted by shareholders of the world's largest exporter of power-station coal.

The Arctic Council reached a legal agreement that would govern procedures meant to respond to oil spills in arctic waters.

Transocean Ltd. today announced that Esa Ikaheimonen, Executive Vice President and Chief Financial Officer, will address attendees at the UBS Oil and Gas Conference in Austin, Texas.

Fla. State Rep. Keith Fitzgerald, a high-ranking two-term Sarasota Democrat, told the Federation of Manatee County Community Associations Tuesday night that judging from comments Crist made Tuesday afternoon, Republican House speaker-designate Dean Cannon of Orlando appears to be near success in persuading the newly-re-registered governor to ... (more)

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Offshore driller Transocean Ltd said early on Monday chairman and former chief executive Michael Talbert will step down in the next year, a move that comes days before a proxy fight between the company and billionaire investor Carl Icahn.

We're all pretty busy these days with the big, flashy stories which are eating up the news cycle, from Benghazi to Boston to the IRS, oh my! But even with all of this going on, the nation's governors are still stuck with the tedious business of keeping their states functioning, creating jobs and generally doing their jobs.

Three years after BP Plc's oil spill fouled Gulf of Mexico beaches, drilling safety is improving, though deficiencies remain at some of the same companies operating offshore, Democrats on a House panel said in a report.

Transocean Ltd, owner of the world's largest offshore drilling fleet, said on Thursday its capital expenditures this year would be $2.4 billion instead of $3 billion due to the timing of payments on rigs under construction.

Robert is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

Under fire for not conducting its own safety audits of offshore drilling rigs and oil platforms, the Interior Department announced Thursday that it has signed an agreement with the Coast Guard to coordinate and beef up offshore oversight.