The National Enhanced Oil Recovery Initiative (NEORI) listed extension of the Section 45Q Tax Credit for Carbon Dioxide Sequestration as an immediate priority in memorandums to the Democratic and Republican presidential transition teams. Source: News

A joint venture of Abu Dhabi National Oil Co. and Occidental Petroleum Corp. plans to expand by 50% the capacity of the Al Hosn sour gas plant. Source: News

Technip SA, Paris, has released additional details of its earlier contract let by State Oil Co. of Azerbaijan Republic (SOCAR) for delivery of engineering, procurement, and construction (EPC) services for the modernization of subsidiary Azerikimya Production Union’s (PU) petrochemical complex in Sumgait, Azerbaijan, north of Baku. Source: News

Total SA has signed a preliminary agreement to help develop the massive South Pars natural gas field offshore Iran. The pending transaction marked the first Western energy investment in Iran since international sanctions were lifted earlier this year. Source: News

Crude oil prices rose on the New York market Nov. 7 pending results of the Nov. 8 US presidential election and on lingering concerns about whether the Organization of Petroleum Exporting Countries will reach any agreement Nov. 30 to cut oil production quotas for its members. Source: News

Companies are actively participating in federal programs to reduce methane emissions from US oil and gas operations as research partners and voluntary program participants, speakers said during the Gas Technology Institute’s 2016 Methane Emissions Conference in Alexandria, Va. Source: News

Serbia’s Naftna Industrija Srbije (NIS) JSC Novi Sad has completed a major turnaround as part of an ongoing modernization program to improve energy efficiency, boost production of higher-quality products, and ensure operational reliability at its 4.8 million-tonne/year refinery at Pancevo. Source: News