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SPECIAL REPORT: Independents working UKCS areas abandoned by majors
Independent oil and gas producers are moving into traditional producing areas of the UK Continental Shelf (UKCS) as major companies move toward technologically the region’s challenging frontiers or out altogether.
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SPECIAL REPORT: AEPC sees reversals of ’05 gains in new energy bills
US independent oil and gas producers and their industry associations are fighting a political storm as energy bills that would hamper their work head toward a House-Senate conference.
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Onshore pipeline spend to be $180 billion by 2012
An estimated $180 billion will be spent on onshore pipeline projects worldwide through 2012, says Douglas-Westwood analysts in a new study, “The World Onshore Pipelines Report 2008-12.”
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NGC: Gas to play critical part in reducing GHG emissions
Conventional natural gas supplies from basins currently restricted for exploration and development will be needed if the US adopts greenhouse gas (GHG) emissions reduction mandates, the Natural Gas Council said Oct. 3.
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WATCHING GOVERNMENT: Who follows Domenici?
The changing of the Republican leadership on the US Senate Energy and Natural Resources Committee is a relatively small consequence of Pete V. Domenici’s deciding not to seek reelection in 2008 for health reasons.
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Rowan Cos. pleads guilty to environmental charges
Rowan Cos. Inc. has pleaded guilty to three felonies involving the discharge of pollutants and garbage into the Gulf of Mexico from the Rowan-Midland drilling rig, the US Department of Justice reported.
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Total CEO says work will continue in Iran, Myanmar
Total SA Chief Executive Christophe de Margerie, in an interview with Le Monde newspaper, has affirmed that his company will continue to work in Iran and Myanmar despite pressure coming from government and nongovernmental organizations (NGOs).
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Norwood to press exploration program in Nicaragua
Numerous opportunities may have gone unevaluated in Norwood Resources Ltd.’s initial two-well program in the remote Sandino basin in nonproducing Nicaragua, a consulting engineer’s report indicated.
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Tengizchevroil fined for Tengiz field sulfur storage
Kazakhstan authorities have imposed a $609 million fine on Tengizchevroil (TCO), the Chevron Corp.-led consortium developing giant Tengiz oil field, for alleged violations of national environmental legislation.
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Kazakhstan rejects new Kashagan oil contracts
Kazakhstan will not revise the terms of its contract with the Eni SPA-led consortium developing Kashagan oil field, according to Kazakh President Nursultan Nazarbayev.
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COMPANY NEWS: KMG EP to acquire interest in Citic Energy
JSC KazMunaiGas Exploration Production (KMG EP) will buy a 50% stake in Citic Canada Energy Ltd. for $930 million, which will provide access to the Karazhanbas field in western Kazakhstan.
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WATCHING THE WORLD: Oil at center of Iraqi flaps
In US congressional hearings last week, Iraq’s central government was accused of reverting to its old ways, with control of the country’s oil reserves a mainstay of that effort.