Total seeks interest in Block 8 off Cyprus

Total is seeking an interest in a block off Cyprus west of where Turkish military vessels in February blocked drilling planned by Eni. Stephane Michel, president, Middle East and North Africa of Total Exploration & Production, told reporters after a meeting with Cypriot President Nicos Anastasiades that the company had applied for an interest in Block […]


US House panel examines improved US resource position, geopolitics

A dramatically improved US oil and gas resources outlook in the last 10 years has created important geopolitical and trade opportunities while making the country more secure in energy and economic terms, witnesses told a US House Foreign Affairs subcommittee on May 22. Source: News


ExxonMobil plans 15% decrease in methane emissions

ExxonMobil Corp. reported greenhouse gas reduction measures that are expected to decrease its methane emissions by 15% and flaring by 25% by 2020. Efficiency improvements in its refining and chemical manufacturing facilities also are planned.  Source: News


ADNOC details Ruwais downstream growth plans

Abu Dhabi National Oil Co. has unveiled further details regarding its previously announced plans to accelerate expansion initiatives at the Ruwais refining and petrochemical complex as part of the company’s $45-billion program to become a global downstream leader under a new combined model of strategic partnerships and investments.   Source: News


Sanchez, Targa expand midstream joint venture in South Texas

Sanchez Midstream Partners and Targa Resources have merged their respective 50% interests in the entities that own the high-pressure Carnero gathering line and Raptor gas processing facility to form an expanded 50-50 joint venture in South Texas.  Source: News


BC lawsuit challenges Alberta’s Bill 12

The British Columbia government has filed a lawsuit challenging legislation that empowers Alberta’s energy minister to require licenses for transport of energy away from the province. The Alberta Legislative Assembly passed Bill 12 this month in response to BC opposition to expansion by Kinder Morgan of the Trans Mountain Pipeline between Edmonton and Burnaby, BC. […]


Santos rejects Harbour takeover proposal, terminates discussions

Santos Ltd., Adelaide, has rejected the latest conditional, binding takeover offer from Harbour Energy Ltd. Harbour confirmed that this week’s proposal of a scheme of arrangement at a cash price of $5.21/share was its best and final offer.  Source: News