Posts tagged as: Moratorium

Belgium: European Parliament Rejects Calls for Offshore Drilling Moratorium

Belgium: European Parliament Rejects Calls for Offshore Drilling Moratorium

The European Parliament has rejected calls for a moratorium on offshore drilling, pushing instead for Brussels to adopt new rules obliging… Read more at Euractiv.com Source: Euractiv,September 14, 2011;

Israeli Environment Minister Seeks Leviathan 1 Drilling Moratorium

Israeli Environment Minister Seeks Leviathan 1 Drilling Moratorium

There is little chance of a moratorum on drilling for oil at the Leviathan 1 exploratory well, as Minister of Environmental Protection … By Adi Ben-Israel (Globes) Source: Globes, January  13, 2011;

USA: Arctic Offshore Drilling Under Moratorium. Or Not?

USA: Arctic Offshore Drilling Under Moratorium. Or Not?

Is there a federal moratorium on offshore drilling in the Arctic or not?   Patti Epler (Alaska Dispatch) Source:  Alaska Dispatch, December 29, 2010;

USA: Drilling Moratorium Causes Downfall of Diamond Offshore’s 3Q Results

USA: Drilling Moratorium Causes Downfall of Diamond Offshore’s 3Q Results

Diamond Offshore Drilling, Inc. today reported net income for the third quarter of 2010 of $198.5 million, or $1.43 per share on a diluted basis, compared with net income of $364.1 million, or $2.62 per share on a diluted basis, in the same period a year earlier. Revenue in the third quarter of 2010 was [...]

USA: Drilling Moratorium to Triger a Loss of More than 8000 Jobs

USA: Drilling Moratorium to Triger a Loss of More than 8000 Jobs

Louisiana State University Endowed Chair of Banking and nationally-renowned economist Dr. Joseph R. Mason estimates that the first six months of the Obama administration’s moratorium on oil and natural gas exploration in the Gulf of Mexico will trigger a loss of more than 8,000 jobs, nearly $500 million in wages, and over $2.1 billion in [...]

USA: Drilling Moratorium Has No Material Negative Impact on Deep Down Inc.

USA: Drilling Moratorium Has No Material Negative Impact on Deep Down Inc.

Deep Down, Inc. is an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services. In response to recent investor inquires, the company commented that the recently announced 180-day moratorium on exploration drilling in water depths in excess of 500 feet in the Gulf of Mexico (the “Drilling Moratorium”) has [...]

USA: Bristow, Offshore Sector Helicopter Provider, Hit by Drilling Moratorium

USA: Bristow, Offshore Sector Helicopter Provider, Hit by Drilling Moratorium

BRISTOW, which provides helicopters to offshore oil and gas drillers, has warned that revenues from the Gulf of Mexico could fall by as… Source: Business, June 11, 2010:

UK Energy Minister: “Britain Won’t Introduce Moratorium on Offshore Drilling”

UK Energy Minister: “Britain Won’t Introduce Moratorium on Offshore Drilling”

Britain will continue plans to open up new deepwater oil drilling operations off Shetland, despite the unfolding disaster caused by the… Source:TheScotsman, June 11, 2010:

CANADA: Moratorium on Offshore Oil Development in B.C. Won’t be Lifted Soon

CANADA: Moratorium on Offshore Oil Development in B.C. Won’t be Lifted Soon

The moratorium on offshore oil development in B.C. won’t be lifted any time soon, especially in the wake of the environmental disaster… Source: Times Colonist,May 23, 2010;





McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams