Protesters in kayaks paddle out to meet the Arctic offshore oil rig Polar Pioneer piggybacked atop the cargo deck vessel Blue Marlin as it arrives at Port Angeles, Wash., on  April 17.  (Keith Thorpe/The Peninsula Daily News via AP)

Pew survey: Most young Americans oppose offshore drilling, nuclear power

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There are dramatic generation gaps in opinions on global warming, offshore drilling, nuclear power, childhood vaccines, gene modification to reduce a baby’s disease risk, untested medicine use, lab tests on animals, and evolution, according to the Pew Research Center.
(Photographer: Andrey Rudakov/Bloomberg)

Shell moves forward on major Gulf of Mexico platform

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Shell said it authorized the major project after finding 20 percent in cost reductions and determining that it will produce a profit as long as the global benchmark for oil prices stays above $55 a barrel.
A jackup rig works on an Energy XXI project in the Main Pass complex of the Gulf of Mexico, located in about 100 feet of water near the mouth of the Mississippi River. (Martin L Vargas / Energy XXI)

Energy XXI sells off oil-rich shallow water field for $21 million

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The Houston firm sold its East Bay Field, about 89 miles southeast of New Orleans, to an undisclosed private buyer for $21 million, the company announced Wednesday.
Noble Energy hunts for oil offshore Israel in the Tamar field. The Houston-based oil company has stalled its Israel investments after a dispute with the country's anti-trust regulators. (Noble Energy)

Israel vote could clear Noble Energy to re-start work on two major fields

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Noble Energy may soon be able to re-start work on two major gas fields in Israel after a committee of top ministers on Thursday approved a plan promoting the development of the country’s offshore natural gas fields. The Houston-based company halted its investment in Israel after the country’s antitrust regulator refused to finalize a deal […]
Categories: Middle East, Offshore
A man takes in pictures the A. P. Moller-Maersk Group Eugen Maersk ship, the world?s largest 397 m long container vessel, on February 20, 2008 in the French harbor of Le Havre, western France. AFP PHOTO ROBERT FRANCOIS (Photo credit should read ROBERT FRANCOIS/AFP/Getty Images)

La Porte dockworkers may keep jobs after terminal shutdown

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APM Terminals is shuttering its La Porte operations, but handing over the container and cargo-handling operations over to the Port of Houston Authority at the Barbours Cut terminal facility.
A man takes in pictures the A. P. Moller-Maersk Group Eugen Maersk ship, the world?s largest 397 m long container vessel, on February 20, 2008 in the French harbor of Le Havre, western France. AFP PHOTO ROBERT FRANCOIS (Photo credit should read ROBERT FRANCOIS/AFP/Getty Images)

APM Terminals to close operations, cut more than 100 port jobs near Houston

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In a letter to the Texas Workforce Commission, Scott Reiss, head of human resources for APM Terminals in the U.S., said the company is permanently shutting down its operations at East Barbours Cut Boulevard by July 24 and eliminating 109 jobs in the process.
(Simon Dawson/Bloomberg)

Transocean’s June drilling contracts come in at year high

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It’s the first time since December that Transocean has drawn more than $100 million in contracts this year, well above the monthly average of $22 million it saw in the first five months of 2015.

Energy XXI sells Gulf pipeline system for $245 million in cash

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Energy XXI will sell a subsea pipeline system in the shallow waters of the Gulf of Mexico for $245 million as part of a broader campaign to shed assets and increase cash.
Logo of Houston-based independent oil and gas company Harvest Natural Resources Inc.

Embattled Houston energy company gets financial lifeline, new partnership

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Harvest, a Houston-based company that focuses on exploration in Venezuela and elsewhere, is giving up three of its seven board seats and nearly half of the company to CT Energy in exchange for at least $32.2 million in proceeds and a long-term strategic partnership.
Chevron's massive deep water offshore platform heads to the Gulf of Mexico. The project was slated to start production this year, but that's been delayed after several subsea installation tendons sustained damage. (Chevron)

Big Oil is paying attention to Chevron’s Big Foot troubles

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The equipment failure plaguing Chevron’s massive Big Foot project was an unusual fate for a system that’s been commonly used for years to tether massive oil and gas production platforms to the seafloor.