(Getty)

BOEM has recieved thousands of comments on whether to open the Atlantic to drilling

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The federal Bureau of Ocean Energy Management was receiving comments through midnight Monday on what should be studied in an environmental impact statement of offshore drilling, which later this decade could include the Atlantic.
(Eddie Seal/Bloomberg)

Oil industry to Obama: Stop excluding Atlantic drilling leases

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Oil industry leaders on Monday pressed the Obama administration to reverse course and schedule two auctions of drilling rights in the Atlantic, not just the single sale now penciled in for 2021.
Visitors board the barge Arctic Challenger in Samish Bay. The Challenger has been retrofit to serve as the launchpad for an emergency containment system that Shell could use to counter a runaway subsea well in the Arctic. (Photo courtesy Greenpeace Investigations)

Shell conducts drills with Arctic oil spill response system

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Shell Oil Co. is conducting the testing for Obama administration officials as it plans a new round of exploratory drilling in the Chukchi Sea north of Alaska later this year.
Cyprus' President Nicos Anastasiades listens during an interview with the Associated Press at his office in the presidential palace in capital Nicosia, Cyprus. (AP Photo/Petros Karadjias, File)

Cyprus draws Norway parallel after latest gas quest failure

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President Nicos Anastasiades told reporters Thursday he’s not disheartened by the failure of an Italian-South Korean consortium to find commercially viable amounts of gas during exploratory drilling in an area off Cyprus’ southern coast.
Sales of equipment like these subsea trees displayed at its Houston headquarters helped FMC Technologies post a 46 percent third-quarter profit rise.  (Melissa Phillip/Chronicle)

FMC, Technip forming new firm to streamline subsea operations

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Subsea equipment maker FMC Technologies and engineering firm Technip are forming a new company together, one they say will be able to help oil companies reach their first barrels of offshore crude faster, for cheaper.
(Derick E. Hingle/Bloomberg)

Seventh SC coastal town on record against offshore drilling

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Opponents of offshore drilling worry that spills could hurt the environment and the important coastal tourism industry.
(Melissa Phillip/Houston Chronicle)

Transocean to scrap four rigs, stack four others

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The firm, which has its main U.S. offices in Houston, said Wednesday that scrapping the four rigs “in an environmentally responsible manner” will cost it $300 million to $325 million in non-cash charges during the first quarter.
Interior Secretary Sally Jewell is briefed before a March 18, 2015 government auction of drilling rights in the central Gulf of Mexico. (Photo: Bureau of Ocean Energy Management)

Feds collect millions in Gulf oil drilling sale, despite falling prices

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Slumping oil prices tempered some of the industry’s enthusiasm for new drilling rights in the Gulf of Mexico — but not much.
The FPSO Petrojarl Knarr is producing oil for BG Group off the coast of Norway. (image courtesy BG Group)

BG Group announces production from North Sea field

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The Knarr oil field was discovered in 2008, and BG Group estimaes it has 80 million barrels of oil equivalent in gross recoverable reserves.
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)

Offshore auction tests industry’s appetite amid slumping prices

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Just 35 companies are participating in the government auction of Gulf of Mexico drilling rights — down from 50 a year ago and 56 in a similar March 2013 auction — suggesting that lower oil prices may be dampening enthusiasm for the offshore acreage.