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(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.
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.
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.
U.S. Senator Ed Markey, D-Mass (SAUL LOEB/AFP/Getty Images)

East Coast Democrats protest Atlantic oil drilling

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Sixty-five lawmakers told the Obama administration to reconsider a plan to sell oil and gas drilling leases along the East Coast.
U.S. Coast Guard Adm. Robert Papp  speaks during a news conference Wednesday Aug. 8, 2012, in Anchorage, Alaska.  (AP Photo/Mark Thiessen)

U.S. must invest in Arctic, Senate panel told

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As the United States prepares to take over the chairmanship of the Arctic Council, the country needs to invest more heavily in icebreakers, navigational aids and other resources for the region.
(Photo courtesy of Shell Oil Co.)

Offshore drilling plan targets Atlantic and Arctic waters

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The Obama administration’s proposal for 10 auctions of drilling rights in the Gulf of Mexico, three targeting Arctic waters and one of Atlantic acreage is alienating both environmentalists and the oil industry.
Oil facilities pop up from the shallow continental shelf in the Gulf of Mexico. More than five decades after the shallow waters of the Gulf were first explored, it is still being tapped. (Jennifer A. Dlouhy / Houston Chronicle)

Obama administration opens door to Atlantic drilling

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The Obama administration is poised to unveil a draft plan for selling offshore oil and gas leases that is expected to rule out auctioning drilling rights in parts of the Atlantic Ocean as well as in some Arctic waters and along the West Coast between 2017 and 2022.
(U.S. Fish and Wildlife Service via The New York Times)

Republicans vow to fight administration on Arctic drilling

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Republicans lashed out at what they called a “triple whammy” of Obama administration actions that could limit oil development in and around Alaska, including new protections in the Arctic National Wildlife Refuge and a coming plan for selling offshore drilling rights.
Abigail Hopper

Ocean energy bureau gets new director

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Abigail Hopper, a Maryland energy regulator and veteran of fights over offshore wind farms, will be the top federal official in charge of oil and gas drilling along the nation’s coastlines.
(StockMonkeys.com)

Uncle Sam to collect $110 million from offshore oil auction

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Oil and gas companies are set to pay the government $110 million in high bids for leases in the western Gulf of Mexico, after an auction Wednesday that underscored the industry’s interest in deep-water territory.