With arguments crumbling for governmental support of ethanol, politicians have joined lobbyists to slay the “big-oil” dragon. Source: News

Planned pipeline construction to be completed in 2016 increased 64% from the year prior, with expected products, crude, and natural gas project completions all climbing even as future planned mileage slipped in all three categories, most markedly crude and products. Source: News

The company developed Grane oil field in the North Sea using an integrated accommodation, processing, and drilling platform with fixed steel-frame construction resting on the seabed. The platform sits on Block 25/11, about 185 km west of Haugesund, Norway, in water 127 m deep. Source: News

Royal Dutch Shell PLC has entered into a conditional agreement to sell its majority interest in Shell Refining Co. (FOM) Bhd. (SRC), including the 125,000-b/d refinery in Port Dickson, Malaysia, to Malaysia Hengyuan International Ltd. (MHIL), a subsidiary of China’s Shandong Hengyuan Petrochemical Co. Ltd. (SHP), Shandong. Source: News

A study of two methods for removing H2S and CO2 from natural gas at a Middle Eastern gas processing plant concluded that control of sour gas feed temperature can eliminate the need for trim coolers and associated refrigeration in the design of acid gas recovery units (AGRU), resulting in reduced capital expenditures, improved efficiency for […]

Light, sweet crude for March delivery gained 40¢ on Jan. 29 to settle at $33.62/bbl, marking the New York Mercantile Exchange’s highest closing since Jan. 6. Brent crude oil rose 85¢ to $34.74/bbl on the London market, its highest settlement since Jan. 5. Source: News

A new study uses shear tests and seepage-stress analysis in north China’s Liushagang formation to create a model that predicts collapsing pressure and avoids costly drilling delays in hard, brittle shales. Source: News

The US Environmental Protection Agency (EPA) has proposed regulations for methane and volatile organic compound (VOC) emissions from the oil and gas industry that would place a number of new requirements on upstream operations, including capturing or combusting emissions during well completions, monitoring for fugitive emissions from equipment leaks, and making needed repairs. Source: […]

Considering the growing importance of North American shale gas in the last 10 years and the difficulty in characterizing these reservoirs, petroleum data-driven analysis could help develop predictive well-performance models, leading to rapid evolution of scoping studies. Source: News

The northernmost area on the Norwegian Continental Shelf (NCS) is open for petroleum activity and presents opportunities for both veteran operators and new entrants to the region. Barents Sea exploration has produced four discoveries of more than 100 MMboe in the last 5 years and the Norwegian Petroleum Directorate (NPD) estimates yet-to-find hydrocarbon potential at […]