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January 31, 2014
06:26 EDTRDCRowan battling out-of-control gas well in Gulf of Mexico, Bloomberg reports
In the Gulf of Mexico off the Louisiana coast, workers are attempting to stop the flow of natural gas from an out-of-control well being drilled by Rowan Companies reports Bloomberg. There has been no fire, explosion or oil spill according to EnVen Energy Ventures, the well operator that hired Rowan. The U.S. Bureau of Safety and Environmental Enforcement is monitoring the situation. Reference Link
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April 17, 2015
08:29 EDTRDCU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 15, 2015
06:16 EDTRDCOil layoffs reach 100,000 and still going, WSJ reports
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April 12, 2015
18:32 EDTRDCObama administration expected to toughen offshore drilling regulations, WSJ says
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April 9, 2015
17:01 EDTRDCRowan Companies abandons well due to drllship incident
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