Articles Tagged "drilling"

Shell Revises Alaskan Drilling Program After Testing Damages Equipment

Royal Dutch Shell plc (NYSE:RDS.A) announced an update on its offshore Alaska oil and gas drilling program, commenting that it has a variety of oil spill response equipment in position. However, the containment dome on one of its barges was damaged during testing and now needs to be repaired; as a result the company has decided not to drill into hydrocarbon zones this year.

Giant Exxon Discovery Could Change Deepwater Gulf of Mexico Outlook

Oil companies are hoping this latest major find will provide further justification for speeding up the permit issuing process for deepwater drilling in the Gulf of Mexico.

South Parse: Talking Turkey

By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]