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The British government will use European Union measures on offshore oil and natural gas safety as a benchmark for the domestic industry, an official said. The Council of the European Union adopted a regulatory framework that aims to reduce the
The British government will review its offshore oil and natural gas potential to address a wide range of lingering problems, the energy minister said Monday. British Secretary of State for Energy and Climate Change Ed Davey issued a written statement
The project go-ahead demonstrates Shell's confidence in pricey offshore projects despite a recent downturn in oil prices. Last month, BP decided to delay development of its biggest new Gulf of Mexico project, Mad Dog Phase 2, citing tough market
Fears of a spill grew after fishermen in East China's Shandong province detected oil slicks on April 10. The North China Sea Branch of the State Oceanic Administration has released three statements on its official website since then. The statement
An oil drilling rig is seen outside of Tioga, North Dakota, March 12, 2013...Interior Department on Thursday laid out its latest requirements to enhance safety for offshore oil and gas drillers, as the government pushes companies to advance worker
The Bahamas government says it will allow offshore oil exploration and put off a referendum on drilling until it is determined whether there are commercial quantities of oil in the sensitive waters of the island chain east of the U.S.
Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help overcome an energy deficit that's a legacy of gas export deals made by its former
Proposed rules for offshore oil and gas operations in European waters will ensure the region has standards in place for safe operations, a commissioner said. EU Energy Commissioner Guenther Oettinger said he welcomed recent safety proposals for
Offshore rigs help the local economy, create jobs and surprisingly also create homes for marine life. In addition, the majority of oil spills occur during the transportation of oil not during the drilling, although there are obvious exceptions...
It said Daewoo was seeking to increase its investment in offshore oil and gas exploration but did not provide a figure, though it said the company was eyeing areas off Rakhine State. The Korean giant has a substantial stake in the country's oil and