CORRECT: Chevron Moccasin Oil Discovery Adds To List Of Big Finds Wall Street Journal California-based Chevron and other producers had to suspend drilling activity last summer, after the US government imposed a drilling moratorium in reaction to the oil spill. Companies started receiving drilling permits in late February. … DJ UPDATE: BP In Fresh Gulf Of Mexico Oil FindMiddle East North Africa Financial Network
CORRECT: Noble Energy 2Q Profit Jumps 44% On High Oil Prices Wall Street Journal The oil and gas explorer was the first company to win a deep-water drilling permit in the Gulf of Mexico after the Deepwater Horizon disaster. In May, Noble announced its Santiago exploration made the first oil discovery since deepwater drilling … Noble Energy CEO: Boosting 2011 Spending To BillionNASDAQ Noble Energy profit jumps 44%MarketWatch
CORRECT: US Approves Shell Plan To Drill In Gulf Of Mexico Automated Trader Overall since last June, the US has issued drilling permits for 13 wells in deep water, or depths of greater than 500 feet, subject to new safety requirements put in place after the Gulf oil spill. The agency has also issued permits for 52 new wells in …
CORRECT: Efforts To Prepare Relief Well To Kill Gulf Spill Continued Sat Wall Street Journal … of gallons of oil into the Gulf of Mexico since April, according to an update Saturday evening by the Deepwater Horizon Joint Information Center. … AP EXCLUSIVE: Salazar keeps oil drill ban, for nowThe Associated Press Jonah Goldberg: Spill impact seems limited, so let's drop drill banHouston Chronicle Many Gulf of Mexico oil rig relocation decisions have yet to be madeNOLA.com Los Angeles Times –Chronicle of Higher Education (subscription) –Reuters all 2,596 news articles »
In this video posted by the Walton County (FL) Sheriff’s Department, Darryl Carpenter, Vice President of Florida-based CW Roberts Contracting and sub-contractor Otis Goodson, shows how hay, hay grass and straw can be used as a very effective environmentally correct oil spill cleanup solution. In a scene reminiscent of a primetime cooking show, the Carpenter and Goodson video shows how Coastal Bermuda and Bahia hay could be scattered over the surface of the ocean with hay blowers to absorb the oil. To start, the two men pour oil into two large pans of water, stir in the hay, add a little “wave action,” then skim off the oil-soaked hay. The audience watching the Walton County video included representatives from BP (British Petroleum), the Coast Guard and the Sheriff’s office. CW Roberts then asks BP and the Coast Guard for the chance to do a 10-acre live demonstration in Gulf waters. They were told that approval has to come from higher up, but can they say no to this environmentally correct oil spill cleanup solution, with just Hay and Straw? “We work along the whole Gulf of Mexico coastal area in Florida,” says CW Roberts president, Charles Roberts. “We have everything mobilized. We can have boats and equipment on the water in less than a half-day. We have been getting calls from all over, from people who want to supply the hay. We want to be given the chance to see if it works. If it works on 10-acres, then give us a bigger assignment.” CW Roberts, a 700-employee …
Water quality samples in Biloxi, MS Image by BP America
BP Oil Spill Probes Find Deficiencies, Disagreements (Correct)
BP Plc and Transocean Ltd. managers disagreed on how to proceed with work hours before the Deepwater Horizon rig exploded, and a review in 2007 found staff-training deficiencies, according to testimony at a Louisiana hearing. Read more on BusinessWeek
BP Has ‘Some Success’ With Temporary Oil Leak Halt (Correct)
May 27 (Bloomberg) — BP Plc made progress toward plugging a leaking well that’s been spewing oil into the Gulf of Mexico for more than a month by temporarily stopping the flow, U.S. Read more on Bloomberg
U.S. Stocks Retreat as Spending Trails Forecast (Correct)
(Corrects percentage change for oil yesterday in third paragraph after “Offshore Drilling” subhead.) May 28 (Bloomberg) — U.S. stocks retreated, with the Standard & Poor’s 500 Index paring yesterday’s 3.3 percent advance, after personal spending trailed economists’ forecasts and energy companies dropped on President Barack Obama moratorium on new deepwater drilling permits. Read more on Bloomberg
BP Stopped One Leak From Gulf of Mexico Oil Well (Correct)
BP Plc has stopped one of three oil leaks from its well in the Gulf of Mexico, advancing efforts to end a spill after a drilling rig sank last month, the U.S. Coast Guard said.
BP Plans to Lower Containment Dome on to Seabed Today (Correct)
BP Plc, battling an oil spill in the Gulf of Mexico, plans to lower a containment dome down to the seabed today to collect crude spewing from a damaged well.
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