The Liard basin in northwest Canada is expected to contain 219 tcf of marketable, unconventional gas, according to a study from five Canadian entities. Source: News

The UK government proposes to ease taxation of the oil and gas industry in its 2016 budget disclosed on Mar. 16. Source: News

Honeywell UOP LLC, a subsidiary of Honeywell International Inc., has released additional details of its earlier contract award from State Oil Co. of Azerbaijan Republic (SOCAR) to provide technology and licensing for installations to be built as part of the company’s ongoing modernization and expansion program at the Heydar Aliyev refinery at Baku in Azerbaijan. […]

Austria’s OMV AG will shut down about half of its 203,892-b/d integrated refinery and petrochemical complex in Schwechat, Austria, beginning in April for 2 months of routine turnaround activities. Source: News

Kosmos Energy Ltd., Dallas, reported that its Ahmeyim-2 appraisal well offshore Mauritania encountered 78 m of net gas pay in two high-quality reservoirs, including 46 m in the Lower Cenomanian and 32 m in the underlying Albian. Source: News

The US Bureau of Safety and Environmental Enforcement’s ongoing efforts to improve offshore oil and gas regulatory enforcement have been compromised by limited progress in improving its investigation capabilities, a US Government Accountability Office report concluded. Source: News

Emissions of carbon dioxide remained unchanged for the second year in a row in 2015 while the global economy continued to grow, according to preliminary data from the International Energy Agency. Source: News

Paul F. Blanchard has been named president and chief executive officer of Panhandle Oil & Gas Inc., Oklahoma City, succeeding Michael C. Coffman, who will retire at yearend. Source: News

Van P. Whitfield will serve as special advisor to Cobalt International Energy Inc., Houston, for 6 months beginning July 1 after resigning as chief operating officer and executive vice-president. Source: News

Tullow Oil PLC reported “strong oil shows” in cuttings and rotary sidewall cores across a 700-m interval in its Cheptuket-1 well drilled on Block 12A in the Kerio Valley basin in northern Kenya. Source: News