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Africa Oil adds Dingley to Ethiopia, Somalia positions

Africa Oil Corp., Vancouver, BC, said that Mark Dingley will join the company on May 1 as president of Africa Oil Ethiopia BV and chief operating officer of Horn Petroleum Corp.

House panels discuss Terry’s Keystone XL authorization bill

A second US House subcommittee heard testimony in support of a bill to let Congress approve the proposed Keystone XL crude oil pipeline project as the first, which held a hearing on Rep. Lee Terry’s (R-Neb.) measure on Apr. 10, marked up HR 3 for consideration by the full Energy and Commerce Committee.

Chatham House report warns against expansion of UK biofuels

A London think tank study warned against expansion of biofuel use in the UK as the requirement rose to 5% by volume in transportation fuel on Apr. 15 and faced European pressure to increase further.

MARKET WATCH: Crude hits lowest level of year in New York market

Energy prices plunged Apr. 15 for the third consecutive session with the front-month crude contract dropping 2.8% to its lowest closing this year.

Montemurro joins Sunshine Oilsands Ltd.

Mark Montemurro has joined Sunshine Oilsands Ltd., Calgary, as senior vice-president, engineering and geosciences.

Samson Oil & Gas boosts central Bakken formation holdings

Samson Oil & Gas Ltd. agreed to acquire a net 1,225 acres in two drilling units in the Rainbow Project, Williams County, ND, involving the Bakken and Three Forks formations.

MEPs reject reform of carbon emissions trading scheme

Members of the European Parliament (MEPs) defeated a proposal that was intended to stop falling prices of carbon in the carbon-emissions trading scheme through a reform known as backloading.

CSB draft report says neglect led to Chevron Richmond refinery fire

A failure to apply an inherently safer design, identify and evaluate damage mechanism hazards, and use effective safeguards led to an Aug. 6, 2012, pipe rupture and vapor release that ignited and shut down the No. 4 crude oil unit at Chevron USA Inc.’s Richmond, Calif., refinery, the US Chemical Safety Board said in a draft report.

MARKET WATCH: Oil prices continue dropping

Oil prices continued falling Apr. 12 with crude down 1.5% through last week on the New York market. Natural gas, however, continued its rally, up 2% for the week.

Centrica, QPI to buy Suncor gas properties

A joint venture of Centrica PLC and Qatar Petroleum International (QPI) has agreed to acquire the conventional part of Suncor Energy’s natural gas business in western Canada for $1 billion (Can.).

Alberta premier wants full, reasoned debate on Keystone XL

Alberta Premier Alison Redford called for a full, reasoned discussion about the proposed Keystone XL crude oil pipeline as the US Department of State reviews the project's revised cross-border permit application.

Watching Government: Curbing methane emissions

Fugitive methane emissions from natural gas operations are a significant global warming pollution source that should be reduced sharply, a new working paper from the World Resources Institute asserts.

OGJ Newsletter

International news for oil and gas professionals

Budget proposal again targets oil and gas tax preferences

Oil and gas companies in the US would face higher taxes on multiple fronts if Congress enacted the federal budget proposed Apr. 10 by the administration of President Barack Obama.

Federal Arctic working group calls for review of agencies' activities

An Alaska interagency working group called for a review yearend of more than 20 federal agencies, departments, and executive offices at work in the Arctic as it issued a report to US President Barack Obama on Apr. 4.
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