U.S. offshore rig count nose dives

Article Abstract: Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U.S. offshore rig count is 5 rigs down.  BHI Rig Count: U.S. -3 to 885 rigs U.S. Rig Count is down 3 rigs from last week to 885, with oil rigs down 1 to 659,…

Chief of Shell’s Arctic drilling program searches for ‘the prize’

Article Abstract: By Hal Bernton and Coral Garnick: Seattle Times staff reporters: Published 23 May 2015 Chief of Shell’s Arctic drilling program searches for ‘the prize’ (Ann Pickard, Shell’s executive vice president for the Arctic) Shell’s Ann Pickard says an offshore oil find in the remote Chukchi Sea could eventually yield 1 million barrels of oil daily, and she…

Euronews: Lithuania’s quest for energy independence from Russia

Article Abstract: Western Europe’s dependence on Russia as an indispensable source of energy has long been a fraught issue for the EU, complicating already tense relations between Brussels and Moscow. Lithuania and its Baltic neighbours are the EU states must vulnerable to any disruption to supplies of gas in the… from Natural Gas Europe –…

Fire on coastal Louisiana oil platform extinguished

Article Abstract: The Coast Guard reported that a light sheen of oil near the site appeared to be dissipating and moving away from the Breton National Wildlife Refuge on the nearby barrier islands. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles. Comments comments

2 people chained to Shell ship north of Seattle

Article Abstract: Two people have chained themselves to a support ship that is part of Royal Dutch Shell’s exploratory oil drilling plans and currently moored in Washington state. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles. Comments comments

Pipeline operator defends its shutdown procedure

Article Abstract: The original owner of the pipeline skirted the Santa Barbara County requirement by successfully arguing in court in the late 1980s that it should be subject to federal oversight because the pipeline is part of an interstate network, said Kevin Drude, deputy director of the county’s Energy and Minerals Division. Auto shut-off valves…