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Senator asks DOE secretary to reevaluate SPR

Oct 23, 2014

US Sen. Ronald L. Wyden (D-Ore.), who chaired the Energy and Natural Resources Committee before taking the Finance Committee’s helm in early February, urged the US Department of Energy to begin reevaluating the US Strategic Petroleum Reserve as the Government Accountability Office recommended in an Oct. 20 report.

Alaska awards Beaufort Sea leases following ANWR boundary review

Oct 22, 2014

Alaska’s Division of Oil and Gas awarded two Beaufort Sea leases pending since 2011 and published tract maps for Nov. 19 Beaufort Sea and North Slope lease sales that accurately reflect the Arctic National Wildlife Refuge’s western boundary following a thorough review.

Total appoints chairman, CEO following death of de Margerie

Oct 22, 2014

Convening after the sudden death of Chairman and Chief Executive Officer Christophe de Margerie, the board of Total SA has unanimously appointed Thierry Desmarest as chairman and Patrick Pouyanne as CEO and president of the executive committee.

MARKET WATCH: Oil prices climb on anticipated US inventory report, China’s expanding economy

Oct 22, 2014

Crude oil prices rebounded slightly on the New York market Oct. 21 as traders and analysts anticipated a build in US crude oil inventories for the week ended Oct. 17. Separately, a better-than-expected economic indicator from China also supported Oct. 21 oil prices.

China reviewing oil relationships with Sudan, South Sudan, researcher says

Oct 21, 2014

The Chinese government and China National Petroleum Corp. are reviewing their relationships with Sudan and South Sudan following years of growth that changed both sides, a researcher said at Johns Hopkins University’s School for Advanced International Studies.

California Bay Area refiners face heightened regulations

Oct 21, 2014

California’s Bay Area Air Quality Management District (BAAQMD), the public agency responsible for regulating stationary sources of air pollution in the nine counties that surround San Francisco Bay, has launched an aggressive plan to cut emissions from the region’s five refineries.

Critical habitat proposals may do serious harm, business groups say

Oct 21, 2014

Two federal agencies’ proposals to change the Endangered Species Act’s critical habitat designation procedures potentially could cause serious damage to the general economy, warned nearly a dozen US business groups, including two oil and gas entities.

Stover elected as Noble president, chief executive officer

Oct 21, 2014

Noble Energy Inc. reported that the company has elected David L. Stover as president and chief executive officer. Stover succeeds Charles D. Davidson as chief executive officer. Davidson earlier this year announced plans to retire effective May 1, 2015.


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