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