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  • Shell moves another step closer to Alaska drilling

    March 30, 2012 8:25 PM

    ANCHORAGE, Alaska (AP) - Shell Oil is one step closer to drilling offshore from Alaska's northern coasts this summer. The Environmental Protection Agency's appeals board on Friday denied petitions to review the air permit for its drilling ship Kulluk. Federal authorities earlier denied review petitions for Shell's other ship, the... more »
  • Google to invest in offshore wind power project

    October 12, 2010 9:14 AM

    A consortium of technology and investment companies including Google has devoted $1.8 billion to building a network of transmission lines to connect future offshore wind farms along the Atlantic from New Jersey to Virginia. Google has teamed up with investment firm Good Energies, Japanese industrial conglomerate Marubeni and Maryland... more »
  • Gulf oil rig explodes off Louisiana coast

    September 2, 2010 11:45 AM

    An offshore oil rig has exploded in the Gulf of Mexico, west of the site of the April blast that caused the massive oil spill. Coast Guard Petty Officer Casey Ranel says the blast was reported by a commercial helicopter company about 9:30 a.m. CDT Thursday. Seven helicopters, two... more »
  • Texas targets decades of abandoned ships off coast

    June 11, 2010 9:12 AM

    Texas is pairing up with local governments, nonprofits and metal recyclers to clean its coastal waters of vessels scuttled in the Gulf of Mexico. Texas General Land Office official William Grimes says that until 2005 there was no law barring people from ridding themselves of unwanted boats, ships and... more »
  • Slew of offshore tax evaders settle with IRS

    November 17, 2009 10:52 AM

    More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday. A flood of people came forward in... more »
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