Oklahoma regulators, EPA order closure of more injection wells

Oklahoma state regulators along with federal regulators ordered the operators of 70 disposal wells to either shut them down or reduce disposal volumes after an earthquake shook northern Oklahoma. Source: News

MARKET WATCH: NYMEX crude continues falling on OPEC uncertainty

The light, sweet crude oil price for the December contract dropped modestly to settle below $45/bbl on Nov. 3 while market participants continued to increasingly doubt that Organization of the Petroleum Exporting Countries will be able to reach a deal to cut production. Source: News

Pakistani refiner advances expansion, upgrading program

Attock Refinery Ltd. (ARL) has expanded a captive power plant as part of an ongoing $251-million upgrading project under way at the operator’s 43,000-b/d refinery at Morgah, northeast of Rawalpindi, Pakistan. Source: News

Drilling program commences offshore Tanzania

Royal Dutch Shell PLC and its partners Pavilion Energy Pte. Ltd. and Ophir Energy PLC have commenced a two-well drilling program in Blocks 1 and 4 offshore Tanzania in the Mafia Deep basin. The Noble Globe Trotter 2 is drilling both wells in 2,300 m of water. Source: News

Don’t rush to regulate, API officials urge Obama administration

Federal agencies that regulate oil and gas activity should not rush to impose new requirements before the Obama administration leaves office, two American Petroleum Institute officials said one week before the Nov. 8 elections. Source: News