Tag Archives: offshore

Oregon earthquake: Magnitude 6.2 offshore quake shakes Portland

Oregon earthquake: Magnitude 6.2 offshore quake shakes PortlandA strong earthquake with a preliminary magnitude of 6.2 has hit off the coast of Oregon. The United States Geological Survey (USGS) said the quake occurred just after 1:30 a.m. local time over 170 miles west of Coos Bay and nearly 220 miles southwest of Portland. There are no reports of damage or injury and a tsunami warning has not been issued for the surrounding areas.



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Manafort trial: Former bookkeeper Heather Washkuhn testifies she did not know about off-shore accounts as she details former Trump aide's

Manafort trial: Former bookkeeper Heather Washkuhn testifies she did not know about off-shore accounts as she details former Trump aide'sPaul Manafort’s former bookkeeper has testified that the former Donald Trump campaign chairman kept her in the dark about the foreign bank accounts he was using to allegedly buy millions in luxury items and personal expenses. Mr Manafort, facing trial on back fraud and tax charges otherwise approved “every penny” of the personal bills she paid for him, said Heather Washkuhn of the accounting firm NKFSB. Washkuhn’s testimony on the third day of the trial appeared to undercut an argument by Manafort’s attorneys that he can’t be responsible for financial fraud because he left the details of his spending to others, including his longtime associate Rick Gates.



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Exxon pulls offshore workers; Shell, Chevron cut output due to Alberto

Exxon pulls offshore workers; Shell, Chevron cut output due to AlbertoExxon Mobil Corp evacuated non-essential workers from the Lena production platform in the Gulf of Mexico ahead of Subtropical Storm Alberto, the company said on Sunday. Royal Dutch Shell Plc and Chevron Corp shut production on platforms in the eastern Gulf of Mexico due to Alberto and evacuated workers from those sites, the companies said. The U.S. National Hurricane Center said Alberto was transitioning to a tropical cyclone as its circulation became more focused around a central core located 135 miles (220 km) west of Tampa, Florida, with 50 mile per hour winds (85 kph).



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California says Trump administration playing favorites with offshore drilling plan

California says Trump administration playing favorites with offshore drilling planA proposal from the Trump administration would open about 90% of America’s coast to new offshore drilling with only one state receiving an exemption: Florida.



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Coastal Republicans Say States, Not Just Trump, Should Get Say On Offshore Drilling

Coastal Republicans Say States, Not Just Trump, Should Get Say On Offshore DrillingWASHINGTON ― Florida Gov. Rick Scott isn’t the only East Coast Republican who wants a say on whether vast new stretches of federal waters should be open to oil and gas drilling.



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After Florida, more states press U.S. for offshore drilling exemptions

After Florida, more states press U.S. for offshore drilling exemptionsBy Valerie Volcovici WASHINGTON (Reuters) – Governors and other officials from several U.S. coastal states ramped up pressure on the Trump administration on Wednesday to exempt their waters from an offshore drilling plan, hours after the Interior Department granted Florida’s request to opt out. The backlash could complicate President Donald Trump’s efforts to expand oil and gas production offshore. The governors of Delaware, North Carolina and South Carolina on Tuesday were seeking meetings with Interior Secretary Ryan Zinke to press their case that drilling would pose significant risks to coastal tourism, while other state representatives issued sharply worded tweets.



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Ryan Zinke's Decision To Appease GOP Governor On Offshore Drilling Leaves Coastal Democrats Fuming

Ryan Zinke's Decision To Appease GOP Governor On Offshore Drilling Leaves Coastal Democrats FumingSome wonder if the sudden reversal was nothing more than a stunt to help get Gov. Rick Scott (R-Fla.) elected to the Senate in 2018, while California’s top prosecutor pointed out that tourism and beauty are not unique to the Republican-led Sunshine State. “California is also ‘unique’ & our ‘coasts are heavily reliant on tourism as an economic driver.’ Our ‘local and state voice’ is firmly opposed to any and all offshore drilling,” California Attorney General Xavier Becerra tweeted, referencing Zinke’s own statement.



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California Lawmakers Ready To Fight Against Federal Offshore Drilling Plan

California Lawmakers Ready To Fight Against Federal Offshore Drilling PlanHours after President Donald Trump’s administration unveiled plans to massively expand offshore drilling, California lawmakers announced they’ll re-introduce legislation to block the federal government from doing so ― at least near their shores.



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Trump Administration Moves To Weaken Offshore Safety Rules Prompted By 2010 Spill

Trump Administration Moves To Weaken Offshore Safety Rules Prompted By 2010 SpillThe Trump administration moved on Thursday to eliminate key offshore safety regulations adopted in the wake of the deadly Deepwater Horizon oil spill, the biggest in the nation’s history.



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UK Queen's private estate invested in offshore funds: leaks

UK Queen's private estate invested in offshore funds: leaksMillions of pounds from the private estate of Britain’s Queen Elizabeth II have been invested in offshore tax haven funds, a huge new leak of financial documents revealed on Sunday. Around £10 million ($ 13 million, â ¬11.3 million) of the Queen’s private money was placed in funds held in the Cayman Islands and Bermuda, according to the leaked papers, which were first reported in Britain by the BBC and the Guardian newspaper. The investments, which were entirely legal, were made through the Duchy of Lancaster, which provides the monarch with an income and handles investments of her vast estate and remain current, the media outlets said.



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