RPSEA News

Search by:
529 News Found

PEMEX has another Offshore Incident

Mexican oil company, PEMEX has been plagued by safety incidents in recent months. The latest is a fire on a tanker in the Gulf of Mexico. The tanker, Burgos, off the coast of Boca del Rio, Veracruz state caught fire ...

Man Overboard Alert

The danger of falling overboard from a moving vessel or platform is a life threatening hazard in the offshore oil and gas and fishing industries. A new compact, water activated device, ALERT2 Man-Overboard Alarm System has been developed by Emerald ...

RSPEA Releases Strategic Plan for Future Growth

  VIEW the Strategic Plan.    

Oil Prices Rise 2%

The market price of oil rose 2% on Sept 21 in response to the third week of surprising drops in U.S. crude oil stockpiles. The Energy Information Administration (EIA) reported crude inventories fell 6.2 million barrels the week of Sept ...

Impact of One Drop per Second

Very small leaks are often ignored as insignificant on land based oil and gas equipment. Recent studies show that one drop of oil or gas per second can add up to 420 gallons per year. Land based operations face less ...

Marine Conservation

Last week 90 countries participated in the 3rd International conference on marine conservation of the world’s oceans. Over $5.3 billion was pledged to combat the dangers of pollution, climate change and over-fishing. U. S. Secretary of State John Kerry announced ...

Oil Price Falls and Supplies Increase

Oil prices fell last week. Brent fell below $46 per barrel to $45.79, and WTI fell to $43.18. Over the past two weeks prices have declined 9-10% due to increases in worldwide supply. Monthly reports from IEA and OPEC indicate ...

Three more U.S. Oil Companies Declare Bankruptcy

Three more U.S. oil and gas companies have filed Chapter 11 for bankruptcy protection. Since the fall in oil prices the number of companies filing Chapter 11 has risen to 102. The three companies (unnamed in the report) have a ...

World’s Largest Oil and Gas Union Set to Strike

On Friday, Brazil oil workers rejected the latest Petrobras wage and benefit offer and are set to strike. In November 2015 Petrobras workers were on strike for 20 days, the longest oil worker’s strike in Brazil in 20 years. The ...