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Venezuelan electoral authorities on Sunday claimed that 95 percent of voters in a nonbinding referendum approved of the nation's territorial claim on a huge chunk of neighboring oil-rich Guyana.

The Chavista regime of Nicolás Maduro is playing with fire and knows it! US Secretary of State Marco Rubio issued a stern warning yesterday from Guyana: any aggression against this country or ExxonMobil's operations in the Essequibo will have "serious consequences" for Caracas. In a press conference alongside Guyanese President Irfaan Ali, Rubio didn't mince words: "It would be a very bad day for the Venezuelan regime, a very bad week, and it wouldn't end well." The message is clear: the US will not tolerate the bravado of a declining leftist dictator. Maduro, the tyrant who has plunged Venezuela into...

Benny Johnson @bennyjohnson 🚨Epic. Secretary Doug Burgum gets a tour of an oil rig in the Gulf of America: "Biden banned the possibility of even developing acres of the Gulf of America. He banned all of that. Trump unbanned that... we're back in business again." From Rapid Response 47 9:31 AM · May 3, 2025

What gives here? Conservative talk show host, Mark Levin, makes an excellent observation as well as ask an excellent question. First the Obaminator: "...and the Department of the Interior has announced that they will be sending Swat teamns to the Gulf to inspect all platforms and rigs." Mark Levin: "Swat teams from the Department of the Interior? When I was Deputy Secretary of the Interior Department (during the Reagan administration), I don't remember any Swat teams. Now you heard hims say that the Department of the Interior was going to send Swat teams, I didn't know that they had Swat...

Norway is beefing up security on its offshore North Sea oil rigs after mysterious drones came within 50m of its platforms. The country's Petroleum Safety Authority said the unmanned aerial vehicles could carry out 'deliberate attacks' on the infrastructure or smash into helicopters transporting offshore workers to and from the rigs. The warnings come amid claims that Russia was behind the enormous gas leak in the Baltic Sea following three huge undersea explosions on the Nord Stream pipelines on Monday. Norway is now Europe's biggest gas supplier after the Kremlin turned off its taps, wreaking energy havoc across the continent.

The Trump administration is preparing to unveil as soon as this week expansive offshore oil plan that would open the door to selling new drilling rights in Atlantic waters, according to people familiar with the plan… President Donald Trump his Interior Department to write the new blueprint with the aim of auctioning oil and gas drilling rights off the U.S. East Coast -- territory that his predecessor, former President Barack Obama, had had had had ruled out..” Don’t get me wrong! Cheaper energy and greater energy independence for our nation are nothing to sneeze at! But many of us familiar...

It was a positive week for the Permian Basin rig count. The nation’s most-active basin added three rigs for a total of 137. Its most-active county, Midland, added two to the tally for a total of 23 rigs, according to weekly rotary rig count data released Friday by Houston-based oilfield services company Baker Hughes. The Permian saw several counties with renewed activity, including Cochran, Schleicher and Dawson. Lynn was the only county that ceased all activity. For active areas in the Permian, there were 24 rigs in District 7C, up two; 89 in District 8, up one; eight in District...

The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines. The number of actively drilling oil rigs jumped by 12 this week after several weeks of small decreases, which had indicated the streak of rigs being taken offline was nearing its end. The overall rig count, however, only grew by three rigs, because nine rigs drilling mostly for gas were taken out of service, according to data from oil services provider Baker Hughes. That is a switch from last week when three oil rigs were lost, but the gas-focused...

For China's shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a curse. As crude prices slide, oil producers are slashing new project spending. With a near 40 percent slice of a global market worth tens of billions of dollars, Chinese rig builders that offered juicy financing terms and discounts to leapfrog Asian rivals in recent years are now the most exposed to a slowdown. Diversifying to pull out of a downturn in traditional shipbuilding, China's state and privately owned yards have lured orders away from regional peers, building scores of rigs...

Never let it be said that Mother Nature doesn’t appreciate irony. A new study led by researchers at Occidental College and the University of California at Santa Barbara has found that the oil platforms dotting the California coast are fantastic for sea life. In a 15-year study, researchers found that the ecosystems that build up around artificial rigs host 1,000 percent more fish and other sea life than natural habitats such as reefs and estuaries. The California rigs outstripped even famously rich ecosystems such as the coral reefs of French Polynesia. Now, as a big fan of artificial reefs, I...

HANOI, Vietnam — The day after tough talks between Vietnam and China that made no progress over a Chinese oil rig in the South China Sea, the Chinese government said Thursday it was sending a second rig to waters close to Vietnam.

Must-know: US oil rig counts reached a new 2014 high of 1,423 By Ingrid Pan, CFA - Disclosure • Feb 21, 2014 2:05 pm EST • EOG • OAS • PXD • XLE • XOM Continued from Part 1: Why rig counts show a stable oil and gas drilling environmentOil rig counts increased last week to 1,423, the highest level since 2014 beganLast week, the Baker Hughes oil rig count increased from 1,416 to 1,423, the highest level since 2014 began. Oil rig counts have risen by 45 (or 3%) since the beginning of 2014, with a large part of...

CARACAS, Venezuela — Venezuela has quietly seized control of two oil rigs owned by a unit of Houston-based Superior Energy Services after the company shut them down because the state oil monopoly was months behind on payments. The seizure took place Thursday after a judge in the state of Anzoategui, accompanied by four members of the local police and national guard, entered a Superior depot and ordered it to hand over control of two specialized rigs to an affiliate of PDVSA, the state-owned oil producer. PDVSA justified the equipment’s expropriation, calling it essential to the South American nation’s development and...

The Miami Herald is reporting Hugo Chávez early demise was recognized long before the rest of the world was privvy to the details of a late diagnosed and lethal cancer. With the help of Cuban brothers Fidel and Raúl, and Chávez' hand-picked successor Nicolás Maduro, the Venezuelan presidential election was moved from December 2012 to October 2012, two months that the report says were crucial. In October Chávez could still stand before his supporters to applaud his re-election, but there was no certainty that he could do so in December. He returned to Cuba for a fourth round of cancer treatments in early...

A rush of recent reports on energy has much to say about the fundamental foolishness of the green vision of energy production -- the vision long regnant in academia and the one that informs the Obama regime. The green vision -- really, the green dream or delusion -- is that the world is running out of fossil fuels, and we need to switch to so-called renewable/sustainable sources such as solar power, wind power, and biofuels. (These "renewable," allegedly low-pollution green options never include nuclear or hydroelectric power, both of which are proven to be cost-effective and clean -- an interesting...

Commerce: What does it say about America’s investment climate when the Republic of Congo now attract oil rigs that once drilled the Gulf of Mexico? That’s the effect of the Obamaadministration’s nonstop bid to halt production here. As millions were enjoying the World Cup last weekend, powerful engines began churning the waters of the Gulf of Mexico as Diamond Offshore Drilling began pulling its huge floating rig on a 60-day trip to the Republic of Congo. Congo is hardly the place that springs to mind for the quality of its investment environment. But because of the Obama administration's nonstop efforts...

CARACAS, Venezuela – Venezuela's government has seized control of 11 oil rigs owned by U.S. driller Helmerich & Payne, which shut them down because the state oil company was behind on payments. Oil Minister Rafael Ramirez announced that Venezuela would nationalize the Tulsa, Oklahoma-based company's rigs. He said in a statement Wednesday that Helmerich & Payne had rejected government demands to resume drilling operations for more than a year ...

AGAINST DRILLING CLAREMONT, Calif. - Although some progress has been made in recent days, BP is still struggling to stop the oil pouring from the wreck of the Deepwater Horizon. The April 20 explosion that caused the calamity, and tragically killed 11 workers, has spilled at least 6 million gallons of oil - and perhaps five times that amount - into the waters of the Gulf Coast. Some estimates have put the cost of this disaster to fishing, tourism and the environment at more than $12 billion - but it will be years before the true cost is known. Given...

LONG BEACH - What's to be done with California's offshore oil rigs once they have outlived their usefulness? One option: Remove them entirely from the ocean floor and restore the marine environment to its original state, as is California's current policy. But marine biologists at Cal State Long Beach say it might make more environmental sense to actually leave at least some of each defunct oil rig intact. Although originally foreign to the marine environment, since their installation, the oil platforms have been co-opted by species of fish who have made the rigs their habitat, even preferring it in some...

WASHINGTON (AP) -- At least 49 offshore oil platforms, all with production of less than 1,000 barrels a day, were destroyed by Hurricane Ike as it raced across the Gulf of Mexico, and some may not be rebuilt, the Interior Department said Thursday. It said in the latest hurricane damage assessment that the platforms altogether accounted for 13,000 barrels of oil and 84 million cubic feet of natural gas a day. There are more than 3,800 production platforms in the Gulf producing 1.3 million barrels of oil and 7 billion cubic feet of gas each day. Most remain shut down.