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General Interest

  1. PKN Orlen lets contract for olefins plant in Poland

    Online Articles

    Thu, 21 Aug 2014

    PKN Orlen’s petrochemical investment program under the company ’s recently unveiled 2014-17 strategy, said Jacek Krawiec ..... Orlen’s management board. The project aims to help the company meet its goal of developing the downstream segment by further

  2. MARKET WATCH: NYMEX oil price jumps on falling US crude oil supplies

    Online Articles

    Thu, 21 Aug 2014

    crude oil price rebounded by more than $1/bbl on the New York market Aug. 20 to settle above $96/bbl after a weekly government report showed a larger-than-expected fall in the US crude oil inventory. The Energy Information Administration estimated

  3. Western gulf lease sale attracts $110 million in high bids

    Online Articles

    Wed, 20 Aug 2014

    the only block on which the company bid, beating out Stone Energy ..... Perdido fold belt, where the company has drilled 11 exploration and appraisal ..... successful history there.” The company in July made its third major oil ..... 87% of the OCS the federal government has placed off-limits

  4. Angolan oil flow seen above 2 million b/d

    Online Articles

    Wed, 20 Aug 2014

    Moody’s Investors Service. In a credit analysis of the Angolan government , Moody’s cited deepwater projects due on stream soon in the Lower Congo basin and the government ’s plans to offer deep and ultradeepwater blocks to international

  5. TSB report outlines ‘multitude of factors’ behind Lac-Megantic train derailment

    Online Articles

    Wed, 20 Aug 2014

    and explosions that destroyed much of the town and left 47 people dead. TSB now is calling for additional physical defenses to prevent ..... a role in this accident.” TSB found that MMA was “a company with a weak safety culture that did not have a functioning

  6. USCG proposes higher offshore oil spill liability limits

    Online Articles

    Wed, 20 Aug 2014

    The US Coast Guard proposed higher offshore oil spill liability limits under the 1990 Oil Pollution Act to reflect significant increases in the Consumer Price Index.

  7. Lawler to lead BP’s US Lower 48 onshore business

    Online Articles

    Wed, 20 Aug 2014

    continue to own the US onshore business, Lawler and his leadership team will develop and implement the strategy to expand the company ’s crude oil and natural gas liquids portfolio, BP says. The business will have its own governance, processes, and systems

  8. Statoil shuts in production from Troll C platform in North Sea

    Online Articles

    Wed, 20 Aug 2014

    after inspectors detected corrosion damage in pipe connected to the oil export system. The shutdown occurred on Aug. 17, the company said. The corroded pipe will be replaced during what is expected to be a 7-day shutdown. Statoil said Troll C has equity

  9. MARKET WATCH: NYMEX crude steeply declines, natural gas climbs

    Online Articles

    Wed, 20 Aug 2014

    said its estimate showed a 1.4-million-barrel drop in crude supplies. International oil traders noted that Ukrainian government forces continued fighting with pro-Russian separatists. Russia President Vladmir Putin is scheduled to meet Aug. 26 with

  10. USCG issues interim offshore supply vessel size limit rule

    Online Articles

    Wed, 20 Aug 2014

    The US Coast Guard issued an interim offshore supply vessel (OSV) size limit rule after a 2010 law removed the previous statutory limit. The regulation became effective upon its publication in the Aug. 18 Federal Register. Comments on it will be accepted until Nov. 17.

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