Offshore Oil Drilling

Arctic offshore lease sales halted, no extension on current leases: Interior Dept

Market conditions poor, low interest in Arctic offshore lease sales ANCHORAGE, Alaska – The Interior Department announced Friday it is cancelling future lease sales and will not extended current leases in Arctic waters off Alaska’s northern coast, a decision that significantly reduces the chances for future Arctic offshore drilling. The news follows a Sept. 28 announcement by […]

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Environmental groups, Taylor Energy sign settlement in decade old Gulf oil leak

Taylor Energy platform collapsed during Hurricane Ivan in 2004 NEW ORLEANS – Environmental groups signed a settlement agreement Thursday to resolve their lawsuit against a New Orleans company that has failed to end a decade-old oil leak in the Gulf of Mexico. Taylor Energy Company announced details of the pact in a news release last week, but

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Bryde’s whales protection considered with Gulf of Mexico oil drilling

Fewer than 50 Bryde’s whales in the Gulf U.S. regulators say a unique species of baleen whales in the Gulf of Mexico may be threatened with extinction and could get special protection. In April, the National Marine Fisheries Service announced it was looking at granting endangered or threatened status to the small population of Bryde’s

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