drilling

CSIS: Ernest Bower (@BowerCSIS) and Gregory Poling (@GregPoling) May 7, 2014 Tensions between China and Vietnam over the disputed South China Sea are at their highest levels in years. On May 2, the state-owned China National Offshore Oil Corporation (CNOOC) placed its deep sea drilling rig...

[SIZE=5]Obama Underwrites Offshore Drilling [SIZE=4]You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil. [SIZE=4] [SIZE=4]The U.S. is going to lend billions of dollars to Brazil's state-owned oil company, Petrobras, to finance...

Reuters has an interesting round-up piece on the potential effects of the recent oil spill in the Gulf coast. The oil spill, which was caused by a damaged BP rig, has already let out thousands of barrels of oil and continues to do so. This could lead to a reduction in offshore drilling support...