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Oil Drilling

All articles tagged with #oil drilling

Greenland Energy Arctic Oil Venture Delayed by Regulatory Hurdles
world20 days ago

Greenland Energy Arctic Oil Venture Delayed by Regulatory Hurdles

Greenland Energy’s planned onshore drilling in Greenland’s Jameson Land Basin is paused as regulators say the necessary approvals aren’t in place after equipment was moved without authorization, delaying any start until at least winter 2027. The government issued a stern warning to the licensee to obtain proper approvals for all future logistics, while the U.S.-linked project draws international attention amid broader geopolitical tensions over Greenland’s oil potential.

via Yahoo News UK|
#greenland-energy#greenland-government#jameson-land-basin
Greenland warns against unpermitted drilling as Trump-linked oil firm preps to drill
world27 days ago

Greenland warns against unpermitted drilling as Trump-linked oil firm preps to drill

Greenland Energy, a Texas-based company linked to Donald Trump, has begun moving drilling equipment into Jameson Land without formal permission, prompting Greenland’s government to issue a strong warning that all landings and drilling require approval from the mineral resources authority. The firm plans two wells with about $60 million in funding, claiming large oil reserves, while regulatory clearance is still being sought, amid environmental protections and political pressure over Arctic resources.

via The Guardian|
#donald-trump#greenland#greenland-energy
Trump Proposes Offshore Oil Drilling Expansion Along U.S. Coasts
politics9 months ago

Trump Proposes Offshore Oil Drilling Expansion Along U.S. Coasts

The Trump administration is planning to permit new oil and gas drilling off the California coast for the first time in nearly four decades, sparking opposition from Governor Gavin Newsom and environmental advocates. The proposal may be announced soon and includes leasing in the Gulf of Mexico, setting up a political clash over environmental policies.

via The New York Times|
#california-coast#environment#gavin-newsom
Biden Moves to Restrict Arctic Oil Drilling Post-Trump Election
politics1 year ago

Biden Moves to Restrict Arctic Oil Drilling Post-Trump Election

Following Donald Trump's election victory, the Biden administration moved to limit oil drilling in Alaska's Arctic National Wildlife Refuge by planning a 400,000-acre lease sale, the smallest legally possible. This decision aims to protect Biden's environmental achievements, despite mixed reactions. While environmental groups praised the move, some Alaska Native communities expressed concerns over economic impacts.

via CNN|
#arctic-national-wildlife-refuge#biden-administration#environmental-policy
"Biden's Bold Move: Protecting Alaskan Wilderness from Oil Drilling"
environment2 years ago

"Biden's Bold Move: Protecting Alaskan Wilderness from Oil Drilling"

The Biden administration has announced plans to limit future oil and gas drilling across more than 13 million acres of the National Petroleum Reserve-Alaska, as well as block a controversial road crucial to operating a planned copper and zinc mine in northern Alaska. These decisions are aimed at protecting sensitive ecosystems, wildlife, and Indigenous communities, and have drawn both support and opposition from various stakeholders, including fossil fuel companies, Alaskan lawmakers, and Alaska Natives.

via The Washington Post|
#alaska#biden-administration#environment
Guyana President Clashes with BBC Reporter Over Climate Change
international-politics2 years ago

Guyana President Clashes with BBC Reporter Over Climate Change

Guyana President Mohamed Irfaan Ali pushed back against a BBC reporter's criticism of the country's oil drilling, highlighting the nation's efforts to preserve its vast forest and biodiversity. Ali emphasized that Guyana has maintained a forest the size of England and Scotland combined, storing 19.5 gigatons of carbon, and criticized the hypocrisy of the developed world in lecturing his country while failing to pay for the environmental benefits it provides. He asserted that despite oil and gas exploration, Guyana will remain net zero and challenged the reporter on whether he was influenced by those who have historically damaged the environment.

via The Daily Wire|
#bbc#climate-change#guyana
Venezuela Deploys Troops to Guyana Border Over Oil Dispute
energyinternational-relations2 years ago

Venezuela Deploys Troops to Guyana Border Over Oil Dispute

Exxon Mobil plans to conduct exploratory drilling off the coast of Guyana, reassuring that it will be "well south" of the disputed territory claimed by Venezuela. The company's executive emphasized that the proposed drilling locations are at least 100 kilometers away from Venezuela's claimed territory and are within Guyana's licensed exploration area. This comes amid reports of a Venezuelan military buildup near the disputed region, raising concerns about potential conflict. Exxon and its partner, Hess Corp., saw a decline in stock performance following these developments.

via Yahoo Finance|
#energyinternational-relations#exxon-mobil#guyana
"Venezuela's Threat of Forceful Response to Exxon's Oil Exploration in Disputed Guyana Waters"
international-relations2 years ago

"Venezuela's Threat of Forceful Response to Exxon's Oil Exploration in Disputed Guyana Waters"

Venezuela has threatened a "forceful response" if US oil company ExxonMobil proceeds with oil drilling in disputed waters controlled by Guyana, which Venezuela claims sovereignty over. The region, comprising two-thirds of Guyanese territory, has gained significance due to the discovery of offshore oil and gas. Tensions have escalated, with Venezuela mobilizing troops and the UK sending a warship to the area, but recent talks between the countries' leaders have aimed to avoid resorting to force. The border dispute is currently before the International Criminal Court in The Hague.

via Press TV|
#exxonmobil#guyana#international-relations