Moscow refinery producing Euro 5 diesel
06/03/2013
Gazprom Neft has begun producing 10 ppm sulfur diesel fuel meeting Euro 5 standards at its 250,000-b/d Moscow refinery. |
Chevron Phillips adding furnace at Sweeny
06/03/2013
Chevron Phillips Chemical Co. LP will add a furnace at its Sweeny petrochemical complex in Old Ocean, Tex., that will expand ethylene production by 200 million lb/year. |
British Columbia rebuffs Northern Gateway pipeline
06/03/2013
An important westbound route for Canadian bitumen has met new official resistance in the province it would cross. |
Jubilant, GAIL gauge two-zone Tripura gas find
06/03/2013
Jubilant Energy NV said a subsidiary has submitted two notices of discovery to Indian authorities for the Lower and Middle Bhuban formations at its North Atharamura-1 well on Tripura Block AA-ONN-2002/1 in northeastern India. |
Namibia: HRT spuds second Walvis basin wildcat
06/03/2013
A group led by a unit of HRT Participacoes em Petroleo SA, Rio de Janeiro, has spudded the Murombe-1 exploratory well on PEL 23 in the Walvis basin offshore Namibia. |
MARKET WATCH: Oil, gas prices fall in apprehensive markets
06/03/2013
Oil and gas prices fell May 31 as the generally anticipated decision by the Organization of Petroleum Exporting Countries to maintain current production targets appeared nevertheless to weigh on markets. |
BP to add two drilling rigs in Alaska
06/03/2013
BP PLC plans to add $1 billion in new investment and two drilling rigs to its Alaska North Slope fields over the next 5 years. Executives attributed the increased investment to changes in the state’s oil tax policy that Gov. Sean Parnell signed during May. |
Ukraine: Cub Energy spuds well, finals acquisition
06/03/2013
KUB-Gas LLC, in which Cub Energy Inc., Houston, has a 30% effective ownership interest, has spudded the North Makeevskoye-3 exploratory well on its properties in eastern Ukraine. |
Iranian election smacks of strategy familiar in West
05/31/2013
The approach of Iran’s presidential election brings to mind a managerial strategy routinely employed in the West known as “buy-in.” |
WBI proposes Bakken natural gas pipeline
05/31/2013
WBI Energy Inc. proposed a natural gas pipeline from far western North Dakota to western Minnesota where it would connect with Viking Gas Transmission Co.’s pipeline system. |
Iroquois lets contract for Wright Interconnect expansion
05/31/2013
Iroquois Gas Transmission System LP let an engineering, procurement, and construction management (EPCM) contract to Gulf Interstate Engineering Co. for its 650-MMcfd Wright Interconnect natural gas pipeline expansion. |
EPP launches Marcellus-US Gulf propane open season
05/31/2013
Enterprise Products Partners LP (EPP) has launched a binding open season for transporting propane to Mont Belvieu, Tex., on its Appalachia-to-Texas (ATEX) pipeline. ATEX already secured long-term contracts in place for ethane transportation to Mont Belvieu as of January 2012. |
Development okayed for oil finds off Ghana
05/31/2013
Tullow Oil PLC and partners will install a floating production, storage, and offloading vessel and drill as many as 24 wells to develop the Tweneboa, Enyenra, and Ntomme oil discoveries in the Deepwater Tano Contract Area 60 km offshore Ghana (OGJ Online, Feb. 4, 2013). |
MARKET WATCH: Crude makes moderate recovery; gas continues decline
05/31/2013
The front-month crude contract on May 30 recovered a portion of its loss from the previous session, up 0.5% in the New York market despite a bearish government inventory report of gasoline demand climbing to its highest level since August. |
MOU aims to strengthen Gasunie-Gazprom ties
05/31/2013
Gasunie of the Netherlands and Gazprom of Russia have signed a memorandum of understanding aimed at streamlining cooperation in European natural gas markets. |
BSEE begins to establish Ocean Energy Safety Institute
05/31/2013
The US Bureau of Safety and Environmental Enforcement is establishing an independent Ocean Energy Safety Institute, BSEE Director James A. Watson announced. |
NPCC to lay pipelines for Oman gas plant
05/31/2013
Oman Oil Co. Exploration & Production has let a contract to National Petroleum Construction Co. of Abu Dhabi for two offshore pipelines serving a gas plant under construction in the Musandam area of Oman. |
US drilling rig count climbs 9 units to 1,771
05/31/2013
The US drilling rig count was up 9 units during the week ended May 31, reaching a total of 1,771 rotary rigs working, Baker Hughes Inc. reported. |
MarkWest unit to add third gas plant in Ohio
05/31/2013
MarkWest Utica EMG LLC will build a third 200-MMcfd cryogenic gas plant at its Seneca processing complex in Noble County, Ohio. It will support rapidly growing drilling by Antero Resources, Gulfport Energy Corp., and other producers in the southern Utica shale, the company reported. |
Infrastructure high N. American energy priority, USEA panel says
05/31/2013
Increasing and improving oil and gas transmission systems will need to be a top priority if North America is to take full advantage of its potential resources in Canada, Mexico, and the US, panelists said during the United States Energy Association’s 2013 annual meeting. |
Tesoro agrees to payment to settle air pollution charges
05/31/2013
Tesoro Corp. and two subsidiaries agreed to pay $1.1 million to resolve claims that they violated the federal Clean Air Act, the US Environmental Protection Agency said on May 30. |
Statoil accepts Gullfaks C incident fine
05/31/2013
Statoil has accepted a 30-million kroner ($5.1-million) fine imposed earlier this year by a public prosecutor for Rogaland County, Norway, in connection with a May 2010 well-control problem at its Gullfaks C platform in the North Sea. |
Dover Operating renamed Brion Energy
05/31/2013
Dover Operating Corp., Calgary, which is developing two large thermal oil sands projects near Fort McMurray, Alta., has changed its name to Brion Energy. |
MGM gives up Mackenzie Delta conventional licenses
05/30/2013
MGM Energy Corp., Calgary, said it has surrendered exploration licenses in Canada’s Mackenzie Delta region, where the company had been exploring for conventional gas for the proposed Mackenzie gas pipeline. |
EPP to develop two Texas refined products export terminals
05/30/2013
Enterprise Products Partners LP (EPP) is developing two refined products export terminals to meet growing demand for additional products export capability on the US Gulf Coast. |