Fuel Fix

Shell's Arctic drilling vessel the Noble Discoverer arrives in Everette on Tuesday, May 12, 2015. (Daniella Beccaria, seattlepi.com)

Records detail equipment failure on Arctic drilling rig

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Categories: Arctic, featured
The records, provided by the U.S. Coast Guard in response to a Freedom of Information Act request, also describe a botched fire drill by the crew of another Shell-contracted drilling rig months before it began boring an exploratory oil well in the Chukchi Sea.

Records detail equipment failure on Arctic drilling rig

on
Categories: Arctic, featured
Shell's Arctic drilling vessel the Noble Discoverer arrives in Everette on Tuesday, May 12, 2015. (Daniella Beccaria, seattlepi.com)
The records, provided by the U.S. Coast Guard in response to a Freedom of Information Act request, also describe a botched fire drill by the crew of another Shell-contracted drilling rig months before it began boring an exploratory oil well in the Chukchi Sea.
(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
Oil trading below $40 per barrel

EIA revises US oil production estimates lower; June output sank

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The federal government believes daily U.S. crude production fell to 9.3 million barrels in June, down by 100,000 barrels in the prior month, as low oil prices continue to discourage drilling.
Categories: Crude oil, Production

Oil market screaming lower to start the week

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Arightee folks, this week is set to be a scream (R.I.P. Wes Craven) as we shimmy from August into September (hark, 114 shopping days until Xmas), and into a deluge of new economic data. Chinese equities overnight have wilted into the end of the month, racking up a 12.5% loss for August, while we’ve had […]
Categories: Crude oil, Gasoline

The Tamar Lease natural gas rig, located 90 kilometers west of the city of Haifa in northern Israel. Recent discoveries of massive offshore natural gas deposits, set to begin flowing in the coming days, are turning into a mixed blessing for Israel. (AP Photo/Albatross Aerial Perspective, File)

Italy’s Eni finds ‘supergiant’ natural gas field off Egypt

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Eni said the discovery — made in its Zohr prospect “in the deep waters of Egypt” — could hold a potential 30 trillion cubic feet of gas over an area of 100 square kilometers (38.6 square miles).
Categories: Middle East, Natural gas
The Maersk Developer drills an exploratory well into Statoil's Martin prospect, about 3,000 feet below the surface in the Gulf of Mexico. Two years ago, Statoil paid $157 million for the right to drill into a single 9-square-mile block at the site and the Norwegian company is now spending about $1.1 million a day to rent the Developer, supply the drilling rig and pay for other contractors. (Jennifer A. Dlouhy / Houston Chronicle)

Maersk gets approval for $4.5 billion U.K. North Sea gas field

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The field, located in the central part of the British area of the North Sea, is expected to produce enough natural gas to meet 5 percent of the U.K.’s total demand in 2020 or 2021.
Categories: Arctic, Natural gas, Offshore
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Cost, length of Exxon’s cleanup still unclear after N.J. deal

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The cleanup, which can largely be overseen by private professionals instead of the state under a 2009 law, could take years, perhaps even decades.
Caption


In this image released by the Saudi Interior Ministry’s General Directorate of Civil Defense, smoke billows from a residential complex in Khobar, Saudi Arabia, Sunday, Aug. 30, 2015. A fire broke out at the residential complex used by the state oil giant Saudi Aramco. (Saudi Interior Ministry General Directorate of Civil Defense via AP)

Fire at Saudi oil company residence kills at least 10

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A large fire broke out Sunday in the basement of a sprawling residential complex in Saudi Arabia’s oil-rich east, killing at least 10 people.
Categories: Accidents, Middle East