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General Interest

  1. EIA: US sees lowest pre-Labor Day gasoline prices in 4 years

    Online Articles

    Fri, 29 Aug 2014

    US retail prices for regular gasoline averaged $3.45/gal on Aug. 25, which was lowest price on a Monday preceding the Labor Day holiday in the US since 2010, according to data from the US Energy Information Administration. The average price at the pump is now 25¢/gal lower than it was at the end

  2. India’s ONGC to invest in Daman development in Arabian Sea

    Online Articles

    Fri, 29 Aug 2014

    redevelopment (Phase 3). A $743 million Mumbai High (North) redevelopment (OGJ Online, July 1, 2014 ) also is planned. The company said the projects represent its “aggressive investment posture to ramp up production for the western offshore.”

  3. Damaged unit weighs on diesel output at Porvoo refinery

    Online Articles

    Fri, 29 Aug 2014

    refinery, was taken offline on Aug. 18 following the discovery of unidentified damage ( OGJ Online, Aug. 18, 2014 ). The company said it expects the entire incident to impact its operating profit for 2014 by about $79 million. This includes about $13

  4. PDVSA shuts refinery generator for maintenance

    Online Articles

    Fri, 29 Aug 2014

    Venezuela for 30 days of major maintenance, the state-owned company said. The preventative maintenance work on Turbogenerator ..... cover the entirety electricity demand at Puerto La Cruz, the company said. No details were disclosed as to whether the generator

  5. Nexen boosts CNOOC’s first-half production

    Online Articles

    Fri, 29 Aug 2014

    8% year-over-year increase, the company reported. In comparison, Nexen produced ..... deepwater gas field resulting from the company ’s independent exploration activities ( OGJ Online, Aug. 28, 2014 ). The company says the Luda 16-3 South structure is

  6. BP confirms fire at Whiting refinery

    Online Articles

    Thu, 28 Aug 2014

    only minimal interruptions to operations at the site, the company said. The fire, which broke out at about 9:00 p.m. on ..... hospital as a precautionary measure has since been released, the company said. The incident has minimally impacted operations at the

  7. Noble posts drilling results for Katmai, Dantzler prospects in gulf

    Online Articles

    Thu, 28 Aug 2014

    40-60 million boe discovered from the initial well. The company notes that additional exploration and appraisal drilling will ..... discovery in the Miocene trend and derisks nearby prospects in the company ’s Aleutians area,” said Susan M. Cunningham, Noble senior

  8. California lawmakers pass in-state gas system methane emissions bill

    Online Articles

    Thu, 28 Aug 2014

    Gov. Jerry Brown (D) for final action. The measure would require that each in-state gas pipeline and local distribution company file a report as soon as possible that would include a summary of utility leak management practices, a list of new methane

  9. Fitch: Drilling downturn might prompt some consolidation

    Online Articles

    Thu, 28 Aug 2014

    A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at favorable prices, Fitch Ratings of Chicago said in a recent research note, adding that master limited partnerships (MLPs) in particular can provide ...

  10. Planned maintenance under way at ExxonMobil’s Baytown complex

    Online Articles

    Thu, 28 Aug 2014

    Scinta, ExxonMobil’s public and government affairs advisor, in an e-mail to OGJ. The routine maintenance is part of the company ’s ongoing effort to maintain the ..... the maintenance period to impact the company ’s ability to meet its contractual

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