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| April 22, 2014 |
 Crimea cut off from gas, leader says Sevastopol, Ukraine (UPI) Apr 22, 2013 - A pro-Russian leader in the Crimean Peninsula of Ukraine said the region was receiving less than its fair share of natural gas. De facto Prime Minister of Crimea Sergei Aksyonov said about 30 percent of the area residents were getting supplied with natural gas. "And this is despite the fact that gas is produced on the peninsula on a scale sufficient to supply the whole population ... more |  |
Suncor starts maintenance work in Montreal Calgary, Alberta (UPI) Apr 22, 2013 - Canadian refiner Suncor Energy said it started a four-week maintenance period at its facility in Montreal, which can process 137,000 barrels of oil per day. Suncor said about 900 of its employees would be involved in planned maintenance activity at its Montreal refinery. "The planned maintenance is designed to support safe, reliable operation of the refinery," the company said in ... more |  |
Madagascar fights to prevent oil spill from stricken tanker Ramena, Madagascar (AFP) April 22, 2014 - Madagascar has launched an emergency operation to prevent a stricken tanker from unleashing 10,000 cubic metres of crude oil into the postcard-perfect Emerald Sea off the country's north coast. Jerome Sambalis of Madagascar's port authority said specialist teams are being flown to the Indian Ocean island after the Bahamian-flagged ship Tromso ran aground last Thursday. The 120-metre (393 ... more |  |
Lundin spent millions on dry holes Stockholm, Sweden (UPI) Apr 22, 2013 - Swedish energy company Lundin Petroleum said Tuesday it spent roughly $127 million on exploration programs during the first quarter of the year without success. Lundin said two exploration wells drilled in Norway and two exploration wells completed in Indonesia during the first quarter came up empty. Expenses for both operations will be offset by tax credits, the company said. As ... more |  |
Kurdish government releases energy revenue data Erbil, Iraq (UPI) Apr 22, 2013 - "Billions of dollars" generated from the oil and gas sector have benefited the citizens of the Kurdish region of Iraq, the Kurdish government said. The semiautonomous Kurdistan Regional Government published data on revenue generated from 2007-13. It said its Ministry of Natural Resources created gross revenue of around $9.7 billion. "[The ministry] has presided over the impressiv ... more |  |
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U.S. defends Keystone XL delay Washington (UPI) Apr 22, 2013 - Extending the review process for the Keystone XL pipeline was proper given ongoing uncertainty about the route through Nebraska, the U.S. State Department said. A Nebraska court in February ruled legislation that gave Nebraska Gov. Dave Heineman authority over the pipeline's route violated the state's constitution. U.S. State Department spokeswoman Jen Psaki told reporters during ... more |  |
African Petroleum extends licenses in Ivory Coast London (UPI) Apr 22, 2013 - African Petroleum Corp. said Tuesday it secured an extension for its exploration program for two areas in the deep waters offshore Ivory Coast. The company's Ivorian subsidiary, African Petroleum Cote d'Ivoire Ltd., agreed to extend the period for production sharing contracts in Blocks CI-513 and CI-509 through December 2015 and March 2016 respectively. Stuart Lake, the company's ... more |  |
South Korea targets offshore reserves Seoul (UPI) Apr 22, 2013 - South Korea is looking at gas hydrate deposits and other offshore reserves in an effort to wean itself from foreign energy reserves, a government official said. State-run Korean National Oil Corp. is the fifth-largest crude oil importer in the world, taking in all of the energy requirements for the South Korean economy. An official in the energy ministry told the Platts news service on ... more |  |
CNOOC boasts of 1st quarter success Beijing (UPI) Apr 22, 2013 - China National Offshore Oil Corp. made "significant progress" with its exploration program during the first quarter, its chief executive officer said Tuesday. CNOOC said it made five new discoveries and drilled eight successful appraisal wells off the Chinese coast so far this year. "In the first quarter, the company made significant progress in exploration, particularly the new ... more |  |
China 'very concerned' over workers kidnapped in Sudan Khartoum (AFP) April 21, 2014 - China on Monday expressed worry over the fate of two of its nationals abducted along with others from an oilfield in the war-torn Kordofan region. An official at Beijing's Khartoum embassy said "there are two" Chinese missing, updating earlier information from Sudan's military which said one Chinese was among those kidnapped on Friday. Algeria's foreign ministry on Sunday confirmed that ... more |  |
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Kremlin welcomes EU's 'positive tune' on energy Moscow (UPI) Apr 21, 2013 - A spokesman for the Kremlin said Monday the Russian government was optimistic about energy security in Eastern Europe following talks with the European Union. Russian President Vladimir Putin had warned European leaders the region's energy security was at risk because of Ukraine's mounting natural gas debt. European consumers get about a quarter of their gas needs met by Russian energy ... more |  |
Iran claims expertise in deepwater exploration Tehran (UPI) Apr 21, 2013 - Iran is the only member of the Organization of Petroleum Exporting Countries that has expertise in deepwater oil and gas exploration, an official said. Ali Osouli, director of the Khazar Exploration and Production Co. in Iran, said exploring the reserves in the deep Caspian basin requires technological expertise only a few countries possess. "At present, Iran is at the top of Ca ... more |  |
British shale sector not in prime time London (UPI) Apr 21, 2013 - A British government report on the shale oil and natural gas sector suggests the infrastructure and labor pool isn't yet in place for full utilization. The British Geological Survey last year estimated the Bowland shale formation in the north of the country contains 1.3 quadrillion cubic feet of natural gas. The government says shale could ensure energy security for a country where net ... more |  |
Libya expects delays at key oil terminal Tripoli, Libya (UPI) Apr 21, 2013 - Libyan Justice Minister Salah al-Mergahani said the Zueitina oil terminal in the east of the country remains closed because of technical problems. Eastern rebel leaders vying for more autonomy over a region known as Cyrenaica blocked the export terminals of Es Sider, Ras Lanuf and Zueitina in July. The Libyan government in early April reached a deal with eastern rebel leaders to ... more |  |
Keystone delay draws mixed reviews Washington (UPI) Apr 21, 2013 - A decision to hold off on a permit for the Keystone XL was met by dueling claims about the wisdom of energy policies of the Obama administration. The U.S. State Department said Friday a challenge to a state law giving Nebraska Gov. Dave Heineman authority over the pipeline's route and the more than 2.5 million public comments meant more time was needed for review. TransCanada sub ... more | |
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US delays decision on Keystone pipeline project Washington (AFP) April 18, 2014 - The United States indefinitely extended the review process for a controversial Canada-to-US oil pipeline Friday, potentially delaying a final decision on the project until beyond mid-term elections in November. The US State Department said eight federal agencies - which had been given until the end of May to submit views on the matter - would now have a longer window to weigh in on the lo ... more | |
Russia may lose energy game over Ukraine, U.S. says Washington (UPI) Apr 17, 2013 - Russia has "a lot to lose" if it continues to use energy as a geopolitical tool in the row over Ukraine, a U.S. State Department spokeswoman said. Russian President Vladimir Putin warned European energy security was at risk because of disputes over Ukraine's gas debts. Russian company Gazprom suspended a price discount for Kiev following the February upheaval and Ukraine could lose out ... more |  |
Fracking study in Pennsylvania finds few water concerns Harrisburg, Pa. (UPI) Apr 17, 2013 - Water quality in Pennsylvania hasn't been affected by hydraulic fracturing in the state, a report from state's conservation department said. The Pennsylvania Department of Conservation and Natural Resources published a 265-page document on the ecological and environmental impacts of hydraulic fracturing in the state. Part of the lucrative Marcellus shale natural gas reserve basin ... more |  |
Alberta investing in CCS for oil sands Edmonton, Alberta (UPI) Apr 18, 2013 - The provincial government in Alberta, Canada, said it set aside more than $1 billion for carbon storage and storage facilities for oil sands projects. Provincial Energy Minister Diana McQueen said two projects tied to the oil sands sector would be able to store more than 2.7 million tons of carbon dioxide each year. "With [these projects], we are showing the world we take the res ... more |  |
Libya expecting oil sector to recover Tripoli, Libya (UPI) Apr 18, 2013 - Libya's oil sector may be able to make up for losses incurred by a rebel blockade as soon as production and export levels return to normal, a spokesman said. The central government in Tripoli brokered a deal April 6 with eastern rebel leaders to re-open export terminals. An eight-month blockade from rebels seeking more autonomy for the region known as Cyrenaica cut Libya's oil export po ... more | |
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