TransCanada PipeLines Ltd. has asked the National Energy Board of Canada to suspend for 30 days action on applications for the Energy East and Eastern Mainline pipeline projects while it studies an expansion environmental review. Source: News
CEFC China Energy to buy Rosneft interest
CEFC China Energy Co. Ltd., Shanghai, has agreed to buy 14.16% of the share capital of Rosneft from a combine of Glencore, Baar, Switzerland, and Qatar Investment Authority (QIA). Source: News
Energean’s western Greece Katakolon field development plan approved
Pending 2018 approval of its environmental and social impact assessment, Energean Oil & Gas will take a final investment decision on its Katakolon field development with drilling and production commencing in 2019 and 2020, respectively. Source: News
Devon Energy restarts drilling in Eagle Ford
In the aftermath of Hurricane Harvey, Devon Energy Corp. said it has restarted drilling in the Eagle Ford area in Texas and expects to have the “vast majority” of its affected production online by the end of this week. Source: News
DNO takes on third operating license in Kurdistan region
DNO ASA, Oslo, will drill two large, undrilled structures on the Baeshiqa license in Kurdistan in the first half of 2018, pending Kurdistan government approval. Source: News
MARKET WATCH: NYMEX oil prices drop while Brent gains
US light, sweet crude oil prices declined slightly on the New York market on Sept. 7 while Brent extended a week of steady gains. Analysts said US crude prices appeared to be stuck at pre-Hurricane Harvey levels. Source: News
Essar’s UK refinery due capacity, production expansions
Essar Energy Ltd. subsidiary Essar Oil (UK) Ltd. will invest $250 million during fiscal-year 2018 to further boost operational efficiency and improve production performance at its 9 million-tonne/year Stanlow refining complex in the UK, near Ellesmere Port, Cheshire. Source: News
Petronet to develop Sri Lankan LNG terminal
A joint venture of Petronet LNG Ltd. along with Japanese and Sri Lankan companies will develop an LNG terminal in Sri Lanka to supply the island nation’s power, manufacturing, and transport segments. Source: News
Contradictory US signals may push NAFTA talks into 2019, speakers say
Contradictory signals from the Trump administration could help push North American Free Trade Agreement renegotiations now under way into 2019 and possibly beyond, speakers said during a Sept. 7 discussion at the Atlantic Council. Source: News
EIA reports higher US oil inventories, lower gasoline stocks after Harvey
Refinery shutdowns and slowdowns on the US Gulf Coast caused by Tropical Storm and Hurricane Harvey caused the first US crude oil inventory gain in weeks, while gasoline stockpiles experienced a drawdown in relief of the decreased refining capacity. Source: News