A federal appeals court in New York rejected Constitution Pipeline Co. LLC’s request to overturn the New York State Department of Environmental Conservation’s (DEC) denial of a water quality permit for the interstate natural gas pipeline project. Source: News
Rosneft, investment consortium to buy stakes in Essar Oil
Rosneft PJSC and an investment consortium have each purchased 49.13% stakes in Essar Oil Ltd. The investment consortium is comprised of UCP Investment Group and Trafigura, a physical commodities trading group. Source: News
Cooper plans decommissioning of Basker-Manta oil wells
Cooper Energy Ltd., Adelaide, has engaged Perth engineering and design consultants Atteris Pty. Ltd. to undertake engineering studies for the decommissioning of Basker-Manta field’s subsea oil wells and related systems in Bass Strait, offshore eastern Victoria. Source: News
Shell’s Prelude FLNG vessel completes mooring
Royal Dutch Shell PLC has completed the mooring for its Prelude floating LNG (FLNG) vessel in the Browse basin offshore northwest Western Australia. Source: News
US grant to support development of Nigerian grassroots refinery
The US Trade and Development Agency (USTDA) has awarded a grant to privately held Eko Petrochem & Refining Co. Ltd. (EPRC) for a feasibility study to recommend technologies and develop an implementation plan for a 20,000-b/sd modular refinery to be built on Tomaro Island in Lagos, Nigeria. Source: News
MARKET WATCH: Light, sweet crude prices waffle after Aug. 18 rally
Light, sweet crude oil prices on the New York Mercantile Exchange declined early on Aug. 21 after ending the previous week on a surge driven by a weaker dollar and falling US rig count. Source: News
'Dissonance' seen in approval of Paris Accord and oil work
In the world of the Paris Climate Accord, there can be neither compromise nor any new oil or gas. Source: News
Watching Government: Another sue-and-settle instance
The final programmatic environmental impact statement the US Bureau of Ocean Energy Management issued for geological and geophysical activities in the Gulf of Mexico on Aug. 4 took at least two US oil and gas groups by surprise. The American Petroleum Institute quickly followed the International Association of Geophysical Contractors in denouncing it. Source: News
Bell to lead Premier Oilfield Laboratories
Matt Bell has been tapped as chief executive officer of engineering and geological consulting firm Premier Oilfield Laboratories LLC. The move is effective Aug. 21. Source: News
Abendschein joins Venari Resources as COO
Bob Abendschein has been named chief operating officer of Venari Resources LLC, Dallas. Source: News