Gulf of Mexico

US oil production forecasts revised higher

London - Arab Today

US oil production forecasts for 2017 and 2018 have been boosted significantly as a result of rising prices as well as improved modeling techniques for predicting output down to the well level. Crude production is expected to reach 9.53 million barrels per day (bpd) in December 2017, according to the latest forecasts from the US Energy Information Administration (EIA). ForecastRead more

US shale producers renew their challenge to OPEC

London - Arab Today

US crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million barrels per day (bpd) in the four weeks to Feb. 24, according to the latest weekly estimates published by the Energy Information Administration (EIA). Production has been on an upwardRead more

Fire breaks out on oil platform off US coast, no injuries

Houson - ArabToday

A fire broke out on an oil platform off the coast of the U.S. state of Louisiana early Thursday morning and four workers were rescued by life boat. The fire, which occurred about 2:30 a.m. local time (0830 GMT) on Thursday some 128 km south of Grand Isle, was extinguished nearly four hours later. There were no injuries and noRead more

Authenticity ‘a priority’ for Deepwater Horizon

Toronto - Arab Today

A top priority for a new movie about the deadly 2010 Gulf of Mexico oil spill was ensuring it accurately depicted the disaster that killed 11 workers, its director and main actor said. “Deepwater Horizon” focuses on the hours before and after the rig explosion on April 20, 2010 that led to the worst offshore oil disaster in US history.Read more

US military bases at risk from sea level rise

Miami - AFP

US military bases along the Atlantic Ocean and Gulf of Mexico will be increasingly vulnerable to floods and power-packed storms as the planet warms, researchers said Wednesday. The report by the Union of Concerned Scientists spanned 18 military bases, and found that many risk losing land and strategic assets in the coming decades due to sea level rise. "By 2050,Read more