Federal officials said they would move quickly to circumvent and appeal a U.S. District Judge’s injunction on June 22 to overturn President Obama’s six-month ban on new deepwater offshore oil drilling in the Gulf of Mexico. The President imposed the ban after the April 20 Deepwater Horizon explosion. Under the ban, the Interior Department stopped issuing new drilling permits and halted drilling at 33 exploratory wells.
Petroleum production
Federal officials said they would move quickly to circumvent and appeal a U.S. District Judge’s injunction Tuesday to overturn the Obama Administration’s six-month ban on new deepwater offshore oil drilling in the Gulf of Mexico. Under the ban, which was imposed shortly after the April 20 Deepwater Horizon explosion, the Interior Department stopped issuing new drilling permits and halted drilling at 33 exploratory wells.
Taking the pulse of the offshore oil industry is like grabbing a handful of the viscous mud drillers use for lubrication in the drilling process. What seems like a hard-and-fast situation one minute can dribble through one’s fingers the next. Agility is the secret to success.
The December nonstop coast-to-coast flight of an Air Force Boeing C-17 Globemaster III using a synthetic fuel blend, the first for the type, is the latest indicator that such fuels are moving toward widespread acceptance in the aviation industry.
“It’s a far different business today from what it was when I moved to Alaska 26 years ago,” Richard “Lash” Larew, executive v-p of Era Aviation, told AIN. “Today, flightseeing accounts for the majority of our business in Alaska and it has since the late 1990s.
Columbia Helicopters will send a second Boeing Vertol 234 Chinook to Papua New Guinea, to work on heli-rig contracts with local exploration company Oil Search.
Both aircraft will be used to lift components of oil and gas drilling rigs and ancillary equipment above areas of dense jungle to remote drilling locations that are inaccessible by road.
Inspectors waded through flooded refineries and helicopters passed over wounded drilling rigs in the Gulf of Mexico early last month, as oil companies struggled to assess how long it would take to recover from the effects of Hurricane Katrina.
According to BP, rapid growth in demand for all forms of energy dominated world energy markets last year, leading to rising prices. While growth in demand from China in particular was exceptional, BP said the strength of demand growth was a global phenomenon, increasing above the 10-year trend in every region of the world.