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Gov. Wolf forms Pennsylvania gas pipeline system taskforce

Fri, May 29, 2015

Pennsylvania Gov. Tom Wolf (D) formed a Pipeline Infrastructure Task Force to help state agencies, natural gas producers, and communities closely work together as thousands of miles of pipelines are proposed to move gas and related products from wellheads to markets.

BHI: US rig count declines 10 units, falls below nadir of 2008-09 downturn

Fri, May 29, 2015

The US drilling rig count dropped 10 units during the week ended May 29 to settle at 875 rigs working, falling below the nadir of the 2008-09 downturn by a single unit, according to data from Baker Hughes Inc.

EPA proposes renewable fuel quotas for 2014, 2015, and 2016

Fri, May 29, 2015

The US Environmental Protection Agency proposed renewable fuel quotas for 2014 that it said reflect the year’s actual biofuel use, and for 2105 and 2016 and, for biodiesel, quotas through 2017 that increase steadily over time.

Malfunction forces unit shutdown at Ohio refinery

Fri, May 29, 2015

A compressor malfunction has forced an unplanned shutdown of the fluid catalytic cracker (FCC) at PBF Energy Inc.’s 170,000-b/d refinery at Toledo, Ohio.

Petrobras confirms Carcara light oil potential in Santos basin

Fri, May 29, 2015

Petroleo Brasilierio SA (Petrobras) found a 352-m oil column of 31º gravity in continuous and connected reservoirs while drilling the second well in the Carcara area on Block BM-S-8 in the ultradeep waters of the presalt Santos basin.

Statoil enters offshore Nicaragua with four licenses

Fri, May 29, 2015

Statoil ASA has been awarded four licenses covering 16,000 sq km in the largely unexplored Sandino basin of the Nicaraguan Pacific.

MARKET WATCH: NYMEX oil prices gain modestly in advance of OPEC meeting

Fri, May 29, 2015

US light, sweet crude oil prices for July delivery rose modestly on the New York market May 28 but still settled under $58/bbl, and analysts said much of the market appeared to be in a holding pattern pending a June 5 meeting of the Organization of Petroleum Exporting Countries in Vienna.

Chevron sheds stake in New Zealand refinery

Fri, May 29, 2015

Chevron New Zealand has inked a deal to sell its interest in New Zealand Refining Co. Ltd. (NZRC), which operates the 107,000-b/d Marsden Point refinery at Northland on the North Island’s east coast.

W&T Offshore makes deepwater gulf discovery, starts Medusa production

Thu, May 28, 2015

W&T Offshore Inc., Houston, reported a discovery at Ewing Banks Block 910 and the start of production from the SS No. 6 well in Mississippi Canyon Block 538 field, both in the deepwater Gulf of Mexico.

Associations urge flexibility in proposed Alaska offshore rules

Thu, May 28, 2015

The American Petroleum Institute, National Ocean Industries Association, and US Chamber of Commerce’s Institute for 21st Century Energy jointly called for more flexibility in two US Department of Interior agencies’ proposed Alaska offshore oil and gas regulations.

DOE authorizes Alaska LNG to export LNG to non-FTA countries

Thu, May 28, 2015

The US Department of Energy has issued a conditional authorization for Alaska LNG Project LLC to export as much as 2.55 bscfd of US-produced natural gas for a 30-year period to countries with no free-trade agreement with the US.

Timor-Leste lets pre-FEED contract for Beaco LNG plant

Thu, May 28, 2015

Timor-Leste has let a $3.8-million pre-front-end engineering design contract to Amec Foster Wheeler for the proposed Beaco LNG plant.

American Midstream holding open season for Bakken gathering line

Thu, May 28, 2015

American Midstream Bakken LLC, a wholly owned subsidiary of American Midstream Partners LP, Denver, is conducting a binding open season for a proposed 50-mile Bakken crude oil gathering and transportation system in the core of McKenzie County, ND.

Clean Water Rule broadens federal regulations

Thu, May 28, 2015

The US Environmental Protection Agency and the Army Corps of Engineers jointly released a final Clean Water Rule that significantly expands federal enforcement under the Clean Water Act. Congressional Republicans and US industries including oil and gas immediately said it goes too far.

Premier, Rockhopper strike oil in North Falkland basin

Thu, May 28, 2015

Premier Oil PLC and Rockhopper Exploration PLC have made an oil discovery at the Isobel Deep exploration well 14/20-1 in the North Falkland basin, 30 km south of Sea Lion field.

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