US House panel examines onshore oil, gas permitting proposals

A US House Natural Resources subcommittee discussed four proposals on June 6 that Republicans said would make onshore federal oil and gas permit application processing more efficient and fair. Source: News


Rescuing science

Consistency and transparency in environmental regulation should draw support from all segments of the political spectrum. Because the meanings of “consistency” and “transparency” vary along that continuum, however, they do not. Source: News


IMO 2020: The next big thing

The International Marine Organization (IMO) announced in October 2016 to limit sulfur content in all marine fuels from the current 3.5% to 0.5% as of 2020. The new rules loom ever closer, while the implementation of this regulation is still the subject of much debate and analysis. Source: News


Libya’s NOC reports damage to oil storage

Libya’s National Oil Corp. (NOC) confirmed the loss of two storage tanks at Ras Lanuf port terminal on June 18. NOC had declared force majeure on crude oil loadings from Ras Lanuf and Es Sider port terminals starting June 14.  Source: News


Gazprom Neft progresses on Moscow refinery’s upgrade project

Russia’s PJSC Gazprom Neft has reached 89% completion on construction of its previously announced project to build a Euro+ combined oil refining unit as part of the ongoing modernization and upgrade of its 12.15 million-tonne/year Moscow refinery.  Source: News


Equinor lets well services contract to Baker Hughes for NCS

Equinor ASA has let an integrated well services contract to Baker Hughes for the 8 rigs developing Troll, Oseberg, and Grane fields in the Norwegian Continental Shelf. The agreement will cover 4 years with options to extend by as long as 10 years.   Source: News


Cox Oil unit to acquire Energy XXI Gulf Coast for $322 million

An affiliate of privately held Cox Oil LLC, Dallas, has agreed to acquire Energy XXI Gulf Coast Inc. (EGC), Houston, in a deal worth $322 million. The deal expands Cox’s presence in the Gulf of Mexico. Cox holds assets in both the Outer Continental Shelf and the shallow waters off Louisiana and operates more than […]


Apache lets contract for Permian gas processing plants

Apache Corp., Houston, has let a contract to Saulsbury Industries, Odessa, Tex., to build three 200-MMcfd cryogenic processing plants at Apache’s Diamond processing site in the Permian basin of southern Reeves County, Tex.  Source: News