DOE announces funding for carbon capture projects, requests NPC study

The US Department of Energy took a pair of steps to advance carbon capture technologies over several days. DOE Sec. Rick Perry announced $36 million in funding on Sept. 22 to support cost-shared projects research and development to continue development to either the engineering scale or a commercial design. He then reportedly asked the National […]


BPTT’s Juniper will not ease natural gas shortage, NGC president says

BP Trinidad & Tobago’s Juniper field will not ease Trinidad and Tobago’s downstream natural gas shortages, according to the president of the Caribbean twin-island nation’s National Gas Co. Mark Loquan but would instead provide relief to Atlantic LNG. Source: News


Lundin offshoot IPC to buy Cenovus’s Suffield, Alderson assets in Alberta

A wholly owned subsidiary of Vancouver-based International Petroleum Corp. (IPC), the non-Norwegian spinoff of Lundin Petroleum AB, has agreed to acquire Cenovus Energy Inc.’s interests in the Suffield and Alderson conventional oil and gas areas of southern Alberta for $512 million (Can.). Source: News