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Wednesday, April 7, 2010 as of 11:14 AM ET

U.S. Geological Survey

The United States Geological Survey (USGS) is a scientific agency of the United States government.

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Repsol Begins Deep-Water Exploration Drilling Off Cuba-Source

Spanish oil firm Repsol YPF SA (REP) has begun offshore drilling in Cuban waters as part of its global exploration operations, a person familiar with the situation said Thursday.

Deep-water exploration drilling began about 50 kilometers north of Havana and will take at least 60 days to complete, this person added.Repsol is resuming exploration in the area after it failed to find exploitable oil in 2004. The U.S. Geological Survey has said there could be a substantial amount of untapped oil off the Cuban coast.The Repsol well is much closer to Florida than any other well in the region. U.S. authorities inspected the Scarabeo 9 drilling rig off the coast of Trinidad and Tobago and said the vessel complied with existing international and U.S. standards.The Spanish company is operating the rig in partnership with Norway's Statoil (STO) and a unit of India's Oil and Natural Gas Corp. (500312.BY).Copyright © 2012 Dow Jones Newswires...

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  1. Marcellus Shale Gas Estimate Falls (CHK, RRC, COG, GDP)

    The US Geological Survey has released a new estimate of the amount of undiscovered natural gas in the Marcellus shale deposit. The original USGS estimate, made in 20...

  2. 7.0 Magnitude Earthquake Shakes Peru

    A strong earthquake struck a remote Amazon region of Peru Wednesday, shaking buildings far away in the capital and in neighboring Brazil, although no injuries or dam...

  3. Despite the Volatility Wall Street Ends Day in the Green

    FBN’s Adam Shapiro breaks down the day in the markets.

  4. Peru Mining Companies See No Effects From Quake

    --Buenaventura CEO says earthquake in northern Peru didn't interrupt operations--Barrick Gold sees no impact on gold mines--Compania Minera Antamina representative u...

  5. Volatile Day in the Markets

    FBN’s Adam Shapiro on the volatility in the markets.

  6. Dominion Analyzing Quake Readiness Of North Anna Nuclear Plant

    --Dominion studying ground motion at North Anna plant to determine whether it exceeded levels the plant is built to withstand.--Dominion downgrades the emergency sta...

  7. Peru's Buenaventura Mining Company Says No Effects From Quake

    LIMA, Peru -( Dow Jones )- One of largest mining companies operating in northern Peru says that a 7-magnitude earthquake that hit Peru on Wednesday hadn't interrupte...

  8. USGS Boosts Reserve Estimates For Marcellus Shale

    NEW YORK -- In an encouraging sign for domestic energy producers, the United State Geological Survey has vastly increased its estimate for the amount of recoverable ...

  9. Why are Earthquakes Difficult to Predict?

    University of Illinois Geology Professor Stephen Marshak on the difficulties trying to predict earthquakes.

  10. How are Earthquakes Different on the U.S. East Coast?

    U.S.G.S. geophysicist Gavin Hayes on the differences between earthquakes on the coasts of the U.S.

  11. 5.8 Magnitude Earthquake Shakes Eastern U.S.

    A strong earthquake rattled the U.S. East Coast Tuesday, sending tremors as far as Canada, shaking the nation's capital and scaring thousands of office workers who f...

  12. Traders, Electronic Systems Tested By Tuesday's Quake

    -Trading functions unaffected by earthquake, though some traders evacuated-Floor trading in cotton, U.S. dollar index options closed early in New York-Data centers, ...

  1. Shell CEO Says Arctic Focus On Alaska, Greenland

    Royal Dutch Shell PLC's (RDSA.LN) plans to drill for oil and gas in the Arctic region will be centered on Alaska and Greenland, though the Anglo-Dutch major is also ...

  2. Repsol Deep-Water Rig Has Arrived In Cuba -Report

    An Italian drilling rig scheduled to drill a deep-water well offshore Cuba has arrived to the shores of Havana, Cuban media said Thursday.The website cubadebate.cu s...

  3. China Boosting Markets

    FBN's Adam Shapiro on earnings optimism boosting stocks on Wall Street, plus FBN's Charlie Gasparino reporting EU regulators made a preliminary decision to nix the NYSE- Deutsche Boerse deal

  4. 5.9 Magnitude Earthquake Hits Japan

    FBN’s Adam Shapiro on the 5.9 magnitude earthquake that hit near the Fukushima Nuclear Plant in Japan.

  5. Peru's Coast Rattled By Quake; So Far Little Damage Reported

    LIMA -( Dow Jones )- A strong earthquake rattled Peru's central coast on Friday, but there were few initial reports of damage in the regions where the earthquake was...

  6. Irene Disaster Relief Continues as Some Communities Still Under Water

    Floodwaters finally started to recede from areas of the U.S. northeast devastated by Hurricane Irene but many communities were still under water Wednesday as relief ...

  7. Quake Motion At North Anna Plant May Have Exceeded Plant Design -Officials

    --U.S. nuclear officials say ground motion at North Anna nuclear plant could have exceeded levels it was designed to handle--U.S. nuclear agency deploys inspectors t...

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