-- BLM finalizes oil shale regulations The US Bureau of Land Management published final regulations on Nov. 17 to establish a commercial oil shale development program on public lands in Colorado, Utah, and Wyoming.
-- Aussie bill sets up CO2 sequestration framework The petroleum industry has approved passage of Australia's Offshore Petroleum Amendment Bill, which establishes the world's first regulatory framework for carbon dioxide capture and storage (CCS).
-- StatoilHydro assesses Statfjord oil spill impact StatoilHydro did not cause any obvious harm to the environment with the December 2007 oil spill from the Statfjord platform in the Norwegian North Sea, according to the environmental report on the spill.
-- US rig count hits 6-week high US drilling activity climbed by 21 rotary rigs to 1,992 units drilling this weekthe highest count in 6 weeksvs. 1,801 working in the same period a year ago, said Baker Hughes Inc.
-- Pemex can 'triple' drilling program says official Pemex could triple the amount of its exploratory drilling to an average of 1,800 wells/year from the current 600 as the result of new contracting arrangements approved under reform legislation.
-- Brazil's oil development bonanza shapes up Brazil's Petrobras, even as it eyes greater output for the future, exported a record 574,000 b/d of oil in October, breaking the previous monthly high of 532,000 b/d in April.