A Harris Poll survey commissioned by the American Petroleum Institute found that a majority of US voters are concerned about the Trump administration’s plans to permit the year-round sale of gasoline with a 15% ethanol blend, API said on Oct. 29. The study was conducted by telephone of 1,001 registered voters across the country on […]
Faroe granted drilling permit in Norwegian Sea
Faroe Petroleum Norge AS has been granted a drilling permit by the Norwegian Petroleum Directorate for well 31/7-3 S in production license 740 in the Norwegian Sea. The well will be drilled about 10 km south of Brage field using Transocean Ltd.’s Transocean Arctic semisubmersible drilling rig after it concludes drilling wildcat well 30/6-30 for Faroe […]
TechnipFMC details contract for Midor refinery expansion
TechnipFMC PLC has confirmed details of its scope of work on an earlier awarded let by the Egyptian government for implementation of the expansion at state-owned Middle East Oil Refinery Co.’s (Midor) 115,000-b/d refinery in El Amreya Free Zone, Alexandria, Egypt. Source: News
Fox to become ConocoPhillips chief operating officer
Matt Fox will become executive vice-president and COO of ConocoPhillips following the retirement of Al Hirshberg as executive vice-president, production, drilling, and projects, on Jan. 1, 2019. Fox currently serves as executive vice-president, strategy, exploration, and technology. Source: News
MARKET WATCH: NYMEX drops under $67/bbl, Brent under $76/bbl
Brent crude oil for December delivery fell more than $1 to settle under $76/bbl on the London market on Oct. 30 while light, sweet crude oil prices for December delivery fell modestly to settle under $67/bbl in New York. Source: News
Canadian government federalizes energy in four provinces
Canada has tightened the noose with which it’s choking itself. The Liberal government of Justin Trudeau on Oct. 23 kept his promise to regulate provinces not meeting federal standards for sacrificial response to climate change. Source: News
Eni joins effort to add electric chargers
Eni SPA and IONITY, a joint venture of automakers, have signed a framework agreement covering installation of high-power chargers for electric cars at the oil company’s service stations. Source: News
Baker Hughes: US rig count up 1 unit to 1,068
The US drilling rig count was up 1 unit to 1,068 rigs working for the week ended Oct. 26, according to Baker Hughes data. The count is up 159 units from the 909 rigs working this time a year ago. Source: News
Production restarted from Erskine field
Production from Erskine gas and condensate field in the UK North Sea has been restarted, reported project partner Serica Energy PLC. Formation of gas hydrates had delayed the restart of the field, where production was suspended on Jan. 16 because of a blocked condensate pipeline. Source: News
Cairn-led group submits SNE field development plan
The Edinburgh-based Cairn Energy PLC-led joint venture offshore Senegal has submitted its development and exploitation plan for the SNE oil and gas field to the Senegalese government, targeting the start of oil production in 2022 and the start of gas production in 2024. Source: News