Daily Archives: June 10, 2016

US Representatives cross aisle to oppose seismic permitting in Atlantic

Rate this article Today, US Representatives Mark Sanford and Gerry Connolly joined in sending a letter signed by 53 other members of the House of Representatives to President Obama requesting a halt to the permitting process for potential seismic testing in the Atlantic Ocean. Read Full Article Here For more great articles: Offshore RSS Feed

Petrel accepts new Irish licenses

Rate this article Petrel Resources plc has formally accepted two new licensing options awarded in the Porcupine basin offshore Ireland, as part of phase two of the 2015 Atlantic Ireland licensing round. Read Full Article Here For more great articles: Offshore RSS Feed

Ontario Becomes Third in Canada to Support NGV Deployment

Rate this article By NGV Global CNGVA Offers Resources The Canadian Province of Ontario is joining Quebec and British Columbia as the third Canadian jurisdiction that has chosen natural gas for medium and heavy vehicles as a key element in their climate change plans. Transportation represents one of the largest challenges Ontario faces in achieving…

Industry trade body shows impact of oil price on UK jobs

Rate this article Jobs supported by the UK’s offshore oil and gas industry will have fallen by the end of 2016 by an estimated 120,000 since their peak in 2014, according to new employment figures released by Oil & Gas UK. Read Full Article Here For more great articles: Offshore RSS Feed

EnerGulf to acquire Gulf of Mexico interests

Rate this article EnerGulf Resources Inc. has entered into a letter of intent with Texas South Energy Inc. to participate in six offshore prospects in the Gulf of Mexico. Read Full Article Here For more great articles: Offshore RSS Feed

Gasum to Invest in Finnish Low-Emission Road Fuel Market

Rate this article By NGV Global Finnish gas retailer Gasum is joining ‘Society’s Commitment to Sustainable Development’, a national initiative which enables the Finnish government and administration, along with Finnish companies, organizations, political and academic communities and individuals to make their own pledges to promote sustainable development. Gasum is giving an operational commitment in two…

Halcon seeks restructuring-support approvals

Rate this article Halcon Resources Corp., Houston, has entered a restructuring-support agreement with holders of some of its debt that, if implemented, would eliminate about $1.8 billion of net debt and $222 million of preferred equity and cut its interest burden by more than $200 million/year. Read Full Article Here For more great articles: Oil…