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Coastal states launch new bid for offshore drilling dollars

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Senators from Texas, Alaska and other coastal states have launched a fresh campaign to siphon off more of the revenue that flows to the federal government from offshore drilling.
(Dado Galdieri/Bloomberg)

Shell exec: U.S. risks losing drilling dollars to Brazil, Canada and Mexico

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The Obama administration’s plan for selling offshore oil and gas leases from 2017 to 2022 could jeopardize the United States’ competitiveness as Brazil, Canada, Mexico and other countries aggressively compete for drilling dollars, a Shell executive told Congress.
The Polar Pioneer, a drilling rig contracted by Shell for Chukchi Sea exploration in 2015, is transported across the Pacific on the heavy-lift vessel Blue Marlin. (Photo: Vincenzo Floramo / Greenpeace)

Feds launch review of Shell’s Arctic drilling plan

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Federal regulators have begun a 30-day review of a broad plan that forms a framework for Shell to resume Arctic drilling this summer. The company also must obtain permits for each proposed well.
Kijjiketchme Southern-Fox, from Salisbury, Md., protests proposed offshore oil and gas development in Atlantic waters outside a March 9 public meeting in Annapolis, Md. Southern-Fox said he is concerned about the potential ecological damage of oil development -- "a spill is inevitable anywhere they drill; it's just a matter of time" -- but also wants to see the United States transition swiftly away from fossil fuels. "Even if they were to open up a drill in the ocean and even if it never spilled, we'd still be dealing with the carbon output," he said.

Tensions ignite on East Coast as White House weighs Atlantic drilling

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The prospect of a new generation of Atlantic drilling is stirring a heated debate up and down the East Coast.
The Polar Pioneer, a drilling rig contracted by Shell for Chukchi Sea exploration in 2015, is transported across the Pacific on the heavy-lift vessel Blue Marlin. (Photo: Vincenzo Floramo / Greenpeace)

Feds says Shell’s spill containment system works as company seeks Arctic drilling approval

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Exercises this week gave Shell a chance to demonstrate the equipment for Coast Guard officials and federal regulators at the Interior Department who will decide whether the company gets critical permits enabling a new round of Chukchi Sea oil exploration this summer.
The Polar Pioneer, a drilling rig contracted by Shell for Chukchi Sea exploration in 2015, is transported across the Pacific on the heavy-lift vessel Blue Marlin. (Photo: Vincenzo Floramo / Greenpeace)

Shell’s Arctic drilling plans on track as Obama administration OKs lease sale

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The Bureau of Ocean Energy Management says there’s more than four times as much oil in the Arctic’s Chukchi Sea as it previously estimated.
(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.
The Polar Pioneer, a drilling rig contracted by Shell for Chukchi Sea exploration in 2015, is transported across the Pacific on the heavy-lift vessel Blue Marlin. (Photo: Vincenzo Floramo / Greenpeace)

As Obama administration weighs Arctic drilling, Shell moves rigs to region

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Shell is moving its drilling rigs to the Pacific Northwest, ahead of critical government decisions on the company’s Arctic exploration plans.
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.
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.