Canada’s National Energy Board has approved an application by Orca LNG Ltd., Cypress, Tex., for a 25-year natural gas export license (OGJ Online, July 16, 2015).
The UK government has awarded 41 licenses for exploration and production in the second tranche of the 28th Offshore Licensing Round. In the first
other business partners will be paid in full for goods and services that they provide during the reorganization process, the company said. Black Warrior Methane Corp. is owned by Jim Walter Resources Inc., now a Walter Energy subsidiary that produces CBM
Light, sweet crude oil futures prices fell July 27 to settle at less than $48/bbl on the New York market while Brent prices on the London market plunged more than $1 to below $54/bbl. Both marked their lowest settlements since March.
Ending the decades-old ban on exporting US-produced crude oil would raise prices by $3/bbl and increase product prices, a study commissioned by Consumers and Refiners United for Domestic Energy (CRUDE) concluded.
were signed during a late-July visit to Italy by Egyptian government officials, Technip Italy SPA will provide an array of services ..... diesel meeting European quality specifications. The Egyptian government has disclosed neither a construction timeline nor possible
Encana Corp., Calgary, reported a $1.3 billion impairment charge for the second quarter, which executives said reflected a decline in oil and natural gas reserves values because of lower commodity prices. Overall Encana reported a second-quarter loss of $1.6 billion.
said. “If the Mexican government and outside investors take that ..... inherent problems because the government still is not ready to relinquish ..... aspects of the national oil company . “In the March 2015 Round Zero oil ..... maximum flows to the federal government , Payan said. Companies pushed
North Morecambe platform is normally unmanned. Project teams will be working from the Seajacks Kraken jack up barge. The company said teams can “walk to work” across a gangway connecting the barge to the platform, rather than relying on daily helicopter
Light, sweet crude oil futures prices fell modestly July 24 to remain under $49/bbl on the New York market after Baker Hughes Inc. reported the US rig count jumped, and most of the gain came from onshore rigs.