US Sen. Energy and Natural Resources Committee member Bill Cassidy and two other Republicans on the committee introduced a bill on Mar. 1 aimed at reducing delays in decisions for LNG export terminals and other projects at the Federal Energy Regulatory Commission. S. 607 would address a shortage of qualified engineers, scientists, and mathematicians necessary to […]
Equinor gets approval to extend life of Gullfaks oil field
Equinor and its partners have gained approval from the Norwegian Petroleum Directorate to use the C platform in Gullfaks oil field in the North Sea until June 30, 2036, which is the entire period of the production license. In its application, Equinor said the facility can be operated at a profit up to 2032, with […]
Hibiscus confirms drilling plans for Anasuria side-track well
Hibiscus Petroleum Bhd. said its jointly controlled company, Anasuria Operating Co. Ltd., is on schedule to drill Guillemot A GUA-P1 side-track well on the Anasuria cluster in the UK North Sea. Drilling is to start by July. Source: News
IEA chief: Rising demand, climate change are main policy challenges
Meeting rising oil and gas demand while addressing global climate change more meaningfully will continue to be the world’s biggest energy policy challenges in 2019, International Energy Agency Executive Director Fatih Birol predicted. Source: News
Queensland gives green light to Arrow’s Surat gas project
The Queensland government gas given the thumbs up for Arrow Energy’s proposed $10-billion (Aus.) Surat gas project that is expected to come on stream in 2020 to produce gas for LNG exports as well as sales gas for domestic markets. Arrow, a joint venture of Royal Dutch Shell PLC and China’s PetroChina, is expected to […]
Baker Hughes: US rig count down 9 units for the week
The US drilling rig count is down 9 units to 1,038 rigs working for the week ended Mar. 1, according to Baker Hughes data. The count is up 57 units from the 981 rigs working this time a year ago. Week-over-week, 11 fewer rigs were drilling on land, bringing that count 1,015. Three additional rigs […]
McKee appointed ExxonMobil Chemical president
Karen McKee has been appointed president of ExxonMobil Chemical Co. effective Apr. 1. McKee currently serves as senior vice-president for basic chemicals, integration, and growth. McKee joined Exxon Chemical Co. in the UK in 1990, where she held assignments in chemical manufacturing and refining. Source: News
Montage Resources emerges from Eclipse, Blue Ridge combine
The deal to combine Eclipse Resources and Blue Ridge Mountain Resources has closed. Source: News
DOE awards grants for CCS technology research efforts
The US Department of Energy has awarded nearly $24 million to eight research projects centered on carbon capture and storage (CCS) technologies, US Sec. of Energy Rick Perry announced during a Feb. 27 joint press conference with International Energy Agency Executive Director Fatih Birol. Source: News
API releases an updated liquid pipeline integrity standard
The American Petroleum Institute released the third edition of API Recommended Practice 1160, “Managing System Integrity for Hazardous Liquid Pipelines,” on Feb. 27. It said RP 1160 provides a process for establishing safe pipeline operations, including robust assessments of potential risks and establishment of systems to safely and sustainably manage them throughout day-to-day operations. […]