TransCanada begins open season for revised Canadian Mainline tolling

TransCanada Corp. has launched an open season for binding commitments on a revised, long-term, fixed-price proposal to flow natural gas along the Canadian Mainline from the Empress receipt point in Alberta to the Dawn hub in southern Ontario. Source: News


Key Petroleum buys into Cooper basin in Queensland

Key Petroleum Ltd., Perth, has acquired 100% ownership of three exploration permits in the Cooper and Eromanga basins of southwestern Queensland from Drillsearch Energy Pty. Ltd., a subsidiary of Adelaide-based Beach Energy Ltd. Source: News


Chevron secures exploration permit offshore Western Australia

Chevron Corp. has secured an exploration permit in the Exmouth Plateau region of the northern Carnarvon basin close to its Gorgon field offshore Western Australia with a cash bid of $3 million (Aus.). Source: News


Boyle, Morgan take elevated consulting roles at DNV GL

DNV GL, a multinational provider of risk management services, has appointed Peter Boyle as Aberdeen operations manager and John Morgan as UK business development leader for risk advisory services. Both will be based in DNV’s Aberdeen office. Source: News


Pruitt outlines guiding principles in address to EPA employees

US Environmental Protection Agency Administrator Scott Pruitt told the agency’s employees that he would try to listen to them and use what they have learned to help EPA regulate fairly and predictability, respect the rule of law, and treat states and their agencies more like partners and less like adversaries. Source: News


Saudi renewable energy projects advance

The Saudi government has opened bidder qualification in its push for renewable energy in electric power generation. Source: News


MARKET WATCH: NYMEX, Brent crude oil rallies pending inventory

Light, sweet oil prices for March settled above $54/bbl on the New York market Feb. 21 and the Brent contract for April settled above $56.60/bbl on the London market. Crude oil prices rallied as trading resumed in New York after the Feb. 20 US Presidents Day holiday. Source: News


Lukoil makes oil discovery on Block 10 in southern Iraq

PJSC Lukoil and partner Inpex Corp. reported making an oil discovery with the Eridu 1 well on Block 10 in southern Iraq that tested more than 8,000 b/d from the Mishrif horizon. Source: News