Friday, December 27, 2024

World Powers Increasingly See Icy Arctic as a Hot Property

From AP News From a helicopter, Greenland’s brilliant white ice and dark mountains make the desolation seem to go on forever. And the few people who live here — its whole population wouldn’t fill a football stadium — are poor, with a high rate of substance abuse and suicide. One scientist called it the “end of the planet.” When U.S.

Panama Canal Will Not Block Venezuela Vessels Despite U.S. Sanctions

From Reuters The Panama Canal will continue authorizing vessels coming from Venezuela provided they present the necessary paperwork, the waterway’s chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American nation should not make a difference to canal traffic. President Donald Trump’s administration last week issued an executive order freezing all Venezuelan government assets in

President Declares “Indefinite” Offshore Drill Ban for Alaska and Atlantic Coastal Waters

President Declares “Indefinite” Offshore Drill Ban for Alaska and Atlantic Coastal Waters

White House Issues Memorandum Withdrawing Bulk of Alaska’s Arctic OCS and Portions of Atlantic OCS from Oil and Gas Drilling Today the White House pulled the plug on offshore drilling leases in the bulk of the Arctic offshore Alaska and portions of the Atlantic outer continental shelf (OCS). “The United States is designating the vast majority of U.S. waters in

Obama Administration Pulls the Plug on Atlantic Offshore Lease Sale

The White House changes course on allowing offshore drilling in the Atlantic The U.S. Department of the Interior will not be offering leases for offshore drilling in the Atlantic in its next five-year plan, Secretary of the Interior Sally Jewell said in a press conference today. The decision is a reversal from the administration’s decision in January to offer leases

Hess Puts 2017 Spend at $2.25 Billion

Companies Begin to Apply for Seismic Testing Offshore in the Atlantic

Two applications for seismic surveys have been submitted following the announcement from the Obama administration that it would open up portions off the east coast for offshore drilling. The two companies, Spectrum Geo and GX Technology, both Houston based companies, have filed requests to conduct seismic testing in the waters off the coast of North Carolina to determine what oil and natural