U.S. Approves Shell's Arctic Drilling Plan

 

 

 

mex

 

 Image: Shell's Noble Discoverer

By Reuters 2015-05-11 15:45:29

Royal Dutch Shell's return to oil drilling in the U.S. Arctic for the first time since 2012 took a big step forward on Monday when the Obama administration approved the company's exploration plan.

The Department of Interior conditionally approved Shell's plan to explore for oil in the Chukchi Sea off Alaska. Shell has already spent about $6 billion on exploration in the Arctic.

The Arctic is estimated to contain about 20 percent of the world's undiscovered oil and natural gas, but its recovery could be decades away.

Shell proposes to drill up to six wells in water about 140 feet (40 meters) deep, using two vessels that can serve as relief-wells for each other

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CERAWeek: The Strategic Petroleum Reserve needs a makeover

 

 

 

 
 

 

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Asad Zaidi / Bloomberg
 
PAKISTAN OGDC
The top 10 countries have 345 billion barrels of technically recoverable shale oil resources combined.

 

HOUSTON — The strategic petroleum reserve may be due for an update, a panel of midstream experts told IHS Energy CERAWeek attendees Tuesday afternoon.

The massive stockpile of crude oil — now holding just under 700 million barrels — was created in the 1970s to help buffer the U.S. from the effects of a sudden supply shortage.

But since the 1970s, the biggest risks to the oil markets have begun to shift away from the types of supply disruptions the SPR was intended to combat, said Sarah Ladislaw, an energy director at the the Center for Strategic

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All About Propulsion

 

 

 

 

 

De Graaf Aandrijvingen, Machinefabriek De Waal and Eefting Energy are all involved in the technical world of marine propulsion. One supplies power transmission components, the other manufactures and installs propulsion systems and the third delivers efficiency monitoring systems.

A lot can be said about propulsion. You can talk about propulsion systems, different kind of rudders, main and auxiliary engines, fuel consumption and reduction and more. Marine propulsion is what makes the industry move ahead. Maritime Holland spoke with the three companies about marine propulsion, special projects and trends that can be spotted in the industry.

Big, bigger, biggest “We supply the mechanical power transmission components for the shipbuilding and offshore industry”, explains Eddo Cammeraat, managing director of De Graaf Power Aandrijvingen, their

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Auxílio estatal: A Comissão autoriza o regime português de demonstração de tecnologias de energia dos oceanos

 

 

 

 

 

 

 

Bruxelas, 23 Abril 2015

 

A Comissão Europeia concluiu que um regime português destinado a promover as tecnologias de energias renováveis respeita as regras da UE em matéria de auxílios estatais. O regime irá apoiar projetos de demonstração da produção de energias renováveis a partir dos oceanos (energia das ondas, energia das marés) e tecnologias eólicas offshore inovadoras. A Comissão concluiu, em especial, que o projeto prosseguiria os objetivos da UE em termos de energia e ambiente sem provocar distorções indevidas da concorrência no mercado único.

A Comissária Margrethe Vestager, responsável pela política da concorrência, afirmou: « O desenvolvimento de novas tecnologias renováveis é fundamental para ajudar a Europa a cumprir os seus compromissos ambientais. O regime hoje aprovado é

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