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Energy Sufficiency News

18 Oct 2015

NOIA Response : Cancellation of Alaska OCS Lease Sales

“The cancellation of scheduled federal lease sales offshore Alaska and the denial of lease suspension requests from Statoil and Shell are extremely disappointing and short-sighted. It is clear that this Administration used Shell's recent dry-hole experience as an excuse for a political exit from the Alaska offshore area. The Shell outcome should not have resulted in the cancellation of these two sales, which have been scheduled since 2012. Shell proved that exploration and drilling can be done safely in the Arctic, but the real challenge was navigating under the regulatory thumb of the Federal government. “The overall potential oil and gas outlook of offshore Alaska remains enormous.

05 Jan 2007

McMoRan Crosses Main Pass Hurdle

McMoRan Exploration Co. said MarAd approved McMoRan's license application for its Main Pass Energy Hub(TM) (MPEH(TM)) project. MARAD concluded in the Record of Decision that construction and operation of MPEH(TM) deepwater port will be in the national interest and consistent with national security and other national policy goals and objectives, including energy sufficiency and environmental quality. a vital role in meeting national energy requirements for many years to come and that the port's offshore deepwater location will help reduce congestion and enhance safety in receiving LNG cargoes to the U.S. MARAD's approval and issuance of the Deepwater Port license for MPEH(TM) is subject to various terms…