OGJ (55)

US Senators offer bill to improve FERC application review process

US Sens. James Inhofe and Angus S. King Jr. introduced a bill aimed at improving coordination of federal interagency National Environmental Policy Act reviews of interstate natural gas project applications before the US Federal Energy Regulatory Commission.

Chevron Phillips Chemical commissions Texas PE units, delays cracker startup

Chevron Phillips Chemical Co. LP has commissioned two 500,000-tonne/year polyethylene units at Old Ocean, Tex., completing the first phase of its $6-billion US Gulf Coast petrochemical project.

BHP Billiton slows progress of deepwater exploration off Trinidad and Tobago

BHP Billiton Ltd. has pushed back the second phase of its deepwater exploration offshore Trinidad and Tobago from this year’s fourth quarter to first-quarter 2018 according to the Caribbean twin-island nation’s Energy Minister Franklyn Khan.

UK group disputes gloomy oil and gas study

Oil & Gas UK is disputing a university study that predicts early exhaustion of UK oil and gas reserves and that calls for a prompt switch to renewable energy.

Niobrara basin due gas processing plant

Cureton Midstream LLC, Denver, has let a contract to a division of Honeywell UOP LLC to deliver a cryogenic natural gas processing plant and associated systems designed to extract 99% of ethane and 100% of propane from production in Weld County, Colo., in the Niobrara basin.

Energy and Natural Resources panel sends nominations to full Senate

The US Senate Energy and Natural Resources Committee voted on Sept. 18 to forward five Trump administration nominations to positions in the Departments of Interior and Energy, and the Federal Energy Regulatory Commission to the full Senate for consideration. The nominees are:

Armour Energy brings Kincora gas project Phase 1 on stream

The Kincora restart program will now move on to the next stages, which involves recommissioning of the Kincora to Wallumbilla pipeline and commissioning of the end-of-the-line processing facility at Wallumbilla.

EIA: Post-Harvey trend continues for US crude, gasoline stockpiles

US crude oil inventories increased while gasoline stockpiles decreased for a third consecutive week following Hurricane Harvey’s impact on Gulf Coast refining hubs and transportation infrastructure.

MARKET WATCH: NYMEX oil prices drop pending US inventory report

Light, sweet crude oil for October delivery dropped modestly to settle below $49.50/bbl on Sept. 19 as traders and analysts awaited release of the weekly US government report on oil and product inventories on Sept. 20.

WoodMac: Permian basin production growth could slow early next decade

Operators implemented technology to rapidly increase Permian basin production and they are poised to continue increasing Permian production. But Wood Mackenzie Ltd. suggests geological constraints could lead to long-term production growth declines, perhaps early next decade.

Trinidad and Tobago’s new master gas plan routes LNG through NGC

BP PLC and Royal Dutch Shell PLC may no longer be allowed to sell natural gas directly to Atlanic LNG and will have to transport its gas to ALNG via Trinidad and Tobago’s National Gas Co. , according to the recommendations contained in the Caribbean twin-island nation’s Natural Gas Master ...

Total increases nonoil energy investment

Total SA is increasing its investment in energy management and renewable energy.

Rosneft seeking pact for Kurdish gas line

Rosneft PJSC expects to complete an agreement with the Kurdistan Regional Government for construction of a natural gas pipeline able to supply electric power plants and factories in the Kurdish region of Iraq and to export as much as 30 billion cu m/year of gas to Turkey and Europe.

MPLX unit to proceed with Wood River-to-Patoka oil line expansion

MPLX LP subsidiary Marathon Pipe Line LLC will move forward with its planned 130,000-b/d expansion of the Wood River-to-Patoka crude oil pipeline after completing a binding open season on Aug. 31.

Brookings: Curbing corruption in extractive industry takes more than disclosure

Reducing government corruption will require more than simply requiring companies, particularly in extractive industries, to publicly disclose more financial and operating data, speakers agreed at a Sept. 18 Brookings Institution event. Information should be more readily available and reach people in ...

MARKET WATCH: NYMEX oil price for October gains slightly

Light, sweet crude oil for October delivery edged up slightly on Sept. 18 to settle just above $49.90/bbl. Oil prices continued gaining in early Sept. 19 trading after comments were made by an Iraqi official regarding a possible extension of the existing production-cut targets by major ...

Study underscores Canada's difficult choice on climate

Canadians soon must confront the incendiary question of climate-change politics: How much sacrifice will people make in pursuit of doubtful benefit?

Contradictory US signals may push NAFTA talks into 2019, speakers say

Contradictory signals from the Trump administration could help push North American Free Trade Agreement renegotiations now under way into 2019 and possibly beyond, speakers said during a Sept. 7 discussion at the Atlantic Council.

IEA revises up forecasts of global oil demand growth

In the latest Oil Market Report , the International Energy Agency has revised upwards its estimates of global oil demand growth in 2017, this time by 100,000 b/d to 1.6 million b/d.

Corbin to lead European operations for Sparrows Group

Matt Corbin has joined Sparrows Group as its regional operations director for the UK and Europe. Based in Aberdeen, he will support the company’s growth in the oil and gas, renewables, and industrial sectors.

EIA forecasts 79,000-bo/d rise in October from major US onshore regions

Crude oil output from the seven major US onshore producing regions is forecast to increase 79,000 b/d month-over-month in October to 6.083 million b/d, the US Energy Information Administration said in its latest monthly Drilling Productivity Report.

Nexen, Inpex cancel British Columbia-based Aurora LNG export project

Aurora LNG and its partners, Nexen Energy—a wholly owned subsidiary of China National Offshore Oil Corp. Ltd.—and INPEX Gas British Columbia, have ended the project’s feasibility study and will cease all activity on the project.

Oman-Kuwait JV finalizes contracts for grassroots refining complex

Duqm Refinery & Petrochemical Industries Co. LLC , Muscat, a joint venture of state-owned Oman Oil Co. and Kuwait Petroleum Corp. subsidiary Kuwait Petroleum International Ltd., has awarded the final two of three main contract packages for engineering, procurement, and construction of its ...

Changes since Katrina made post-Harvey recovery better, speakers say

A wide range of changes since Hurricane Katrina in 2005 clearly improved the recovery since Hurricane and Tropical Storm Harvey tore through Texas and Louisiana where 25% of the nation's refining capacity is located, two experts agreed in a Sept. 7 teleconference sponsored by the American Petroleum ...

EIA: Timeline uncertain for return to pre-storm US production, refining

Hurricane Harvey has tremendously disrupted the US crude oil and product markets in recent weeks. At the peak of disruption, an estimated 3.9 million b/d of US Gulf Coast refining capacity was taken offline, and oil transportation capacity in the region was restricted.

Radical regulators

Radicalization of Canadian energy policy glows ominously under light cast from TransCanada PipeLines Ltd.'s request to delay action on its applications for the important Energy East Pipeline and a smaller project.

Houston strong

Last week marked the return of OGJ staff to its Houston office after the building was knocked out of commission by Hurricane and Tropical Storm Harvey. Most of the us were fortunate enough to have sustained only minor-if any-damage to our homes, which in turned served as our temporary offices for ...

Jack up rig arrives for Pasca A-4 appraisal in Gulf of Papua

China Oilfield Services Ltd.’s COSL Seeker jack up rig was offloaded in Port Moresby harbor during the weekend and is now heading for Perth company Twinza Oil Ltd.’s Pasca A-4 appraisal drilling location in the Gulf of Papua.

New threats seen to Nigerian oil output

A possible resumption of Niger Delta militancy threatens a 5-month recovery in oil production in Nigeria, one of two wildcard members of the Organization of Petroleum Exporting Countries warns an analyst at Verisk Maplecroft, Bath, UK.

Norwest Energy makes oil discovery at Xanadu

Norwest Energy Ltd., Perth, has made and oil discovery in its shallow-water Xanadu-1 wildcat drilled in the north Perth basin offshore Western Australia.

Construction under way on Atlantic Sunrise project in Pennsylvania

Williams Partners LP reported that construction has begun in Pennsylvania on the greenfield portion of the Atlantic Sunrise pipeline project, an expansion of the existing Transco natural gas pipeline that will connect Marcellus supplies with the Mid-Atlantic and southeastern US.

Elk to buy Resolute Energy’s Greater Aneth EOR unit

Sydney-based Elk Petroleum Ltd. has agreed to acquire a subsidiary of Resolute Energy Corp., Denver, including its 63% interest in Greater Aneth oil field in the Paradox basin of southeastern Utah, for $160 million.

FERC: New York DEC waived CWA authority in Millennium pipeline filing

The New York State Department of Environmental Conservation waived authority to issue or deny a water-quality certification for the Millennium natural gas pipeline’s 7.8-mile Valley Lateral in Orange County, NY, when NYSDEC did not act within the federal Clean Water Act’s Section 401 ...

CNPC, Eni sign broad cooperation agreement

China National Petroleum Corp. and Eni SPA have signed an agreement to cooperate in “oil and gas exploration and production, gas and LNG value-chain opportunities, trading and logistics opportunities, refining, and petrochemicals,” the Italian company said in a press statement.

OMV’s Wisting appraisal well in Barents finds 55-m oil column

An appraisal well drilled 2 km south of the Wisting oil discovery made in 2013 in the Barents Sea found a 55-m oil column, according to the Norwegian Petroleum Directorate .

MARKET WATCH: NYMEX October crude contract settles flat

The US light, sweet crude oil contract for October settled flat on Sept. 15 at $49.89/bbl, unchanged from the previous day, after alternating between gains and losses throughout that day’s trading session.

Oil & Gas UK: Report cites need for offshore 'investment boost'

Oil & Gas UK is hoping the UK Continental Shelf will get "a badly needed investment boost" as a result of almost $6-billion worth of mergers and acquisitions in this year's first half.

Tupras to add units at Izmit, Izmir, and Kirikkale refineries

Turkish Petroleum Refineries Corp. has let a contract to Jacobs Engineering Group Inc., Dallas, to supply process technology for sulfur recovery units the company plans to install at three of its refineries in Turkey.

KrisEnergy, Cambodia sign deals for Gulf of Thailand oil development

The Cambodian government and KrisEnergy Ltd. have signed fiscal and technical agreements after 3 years of negotiating for the nation's first oil field development in Cambodia Block A in the Gulf of Thailand.

Gazprom lays foundation for first processing trains at Amur gas complex

PJSC Gazprom has started construction work on major units for subsidiary OOO Gazprom Pererabotka Blagoveshchensk's 42 billion-cu m/year grassroots Amur natural gas processing plant in Russia's far-east region, about 15 km outside of Svobodny on the banks of the Zeya River .

Watching Government: A bigger role for states

It's no secret that onshore oil and gas producers would like to see states play a bigger part in producing deposits on federally managed land.

Horrible storms evoke the coercive hysteria of climate activism

Climate activism discredits itself with coercive hysteria.

Baker Hughes: US rig count falls by 8

The US rig count during the week ended Sept. 15 recorded its largest decline since the end of the drilling dive of late-2014 to mid-2016.

Russia has closer eye on Venezuelan oil than China, House panel told

Russia probably has a stronger interest now than China in propping up President Nicolas Maduro’s regime to gain more access to Venezuela’s massive crude oil deposits, two witnesses told a US House Foreign Affairs subcommittee on Sept. 13. But China has more financial leverage over the ...

Inpex to acquire 40% in Barents Sea exploration license

Inpex Corp., Tokyo, said it will acquire a 40% interest in exploration license PL767 in the western Barents Sea offshore Norway from Bayerngas Norge AS.

CCS must clear financial obstacles to move beyond EOR, witnesses say

Carbon capture and storage faces bigger financial obstacles than environmental ones if it is to spread beyond enhanced oil recovery in the US, witnesses agreed at a Sept. 13 US Senate Environmental and Public Works Committee hearing.

MARKET WATCH: NYMEX crude oil price nears $50/bbl

The US light, sweet crude oil contract for October approached $50/bbl while the November contract settled above $50/bbl Sept. 14 on the New York market. Oil price gains slowed Sept. 15 after North Korea fired a missile over Japan for the second time in a month. The launch came days after the ...

House passes Interior, EPA budget bill with some key amendments

The US House of Representatives approved the Fiscal 2018 Interior Department, Environment, and Related Appropriations bill on Sept. 14 that included two amendments affecting oil and gas producers that it adopted the previous day. Approval of the amended bill was by a 211-198 vote, heavily along ...

Uzbekistan lets contract for refinery in Jizzakh region

Uzbekistan has let a contract to Enter Engineering Pte. Ltd. of Russia to build its previously announced 5 million-tonne/year grassroots refinery in the former Soviet state’s eastern Jizzakh region.

DGR Global joins Armour in Uganda

DGR Global Ltd., Brisbane, has made an agreement with fellow explorer Armour Energy Ltd., also of Brisbane, to take part in Armour’s application for the Kanywataba block at the southern end of Lake Albert in Uganda.