News Topics: Govt & Regulatory
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Indonesia's New Energy Chief Seeks to Shore Up Regulator
Friday, October 31, 2014 Appointing a permanent leadership at Indonesia's graft-tainted energy regulator will be a top priority for the new government of Southeast Asia's largest oil producer, the energy and mineral resources minister says.
Global Petroleum Sees Progress with Licenses
Friday, October 31, 2014 Global Petroleum presses on with license renewals and applications offshore Italy, East Africa and West Africa.
Total's New boss Says Europe Must Fight Export Ban US Oil
Friday, October 31, 2014 Total's new CEO says the US oil export ban flouts free-trade agreements and puts European and Asian refiners at a disadvantage.
Afren Evaluating Restatement of Accounts; Output Falls
Thursday, October 30, 2014 Independent oil firm Afren is looking at restating its historic financial information after the completion of an independent accounting review of unauthorized payments.
Argentine Congress Passes Law Aimed At Attracting Oil Investment
Thursday, October 30, 2014 Argentina's Congress gives final approval to a law revamping energy investment regulations, the latest step by President Fernandez to lure foreign companies into the country's promising shale sector.
MOL Gets Approval for Akri-Bijeel Block Development Plan
Thursday, October 30, 2014 The Kurdistan Regional Government in Iraq approves a major new oilfield development that is majority-owned by Hungary's MOL.
Total's New Boss Says Europe Must Fight US Oil Export Ban
Thursday, October 30, 2014 The new head of Total challenged Europe to fight Washington over the US oil export ban, in his first public appearance since his predecessor.
Official: Algeria To Hold Oil And Gas Auction Within Weeks
Wednesday, October 29, 2014 Algeria is preparing a new auction of oil and gas blocks, an official says, after the North African country awarded just four of 31 fields last month in the first attempt to lure foreign investors since 2011.
UK Juniors Apply for Isle of Wight License
Wednesday, October 29, 2014 A group of UK-focused junior oil firms submit an application for a license covering an onshore area of the Isle of Wight in the 14th Landward Licence Round.
Madagascar Oil Submits Tsimiroro Oil Field Development Plan for Approval
Wednesday, October 29, 2014 Madagascar Oil submits the Tsimiroro development plan in Madagascar for approval by the authorities.
Texas RRC Issues New Regulations on Fracking Disposal Wells
Wednesday, October 29, 2014 Texas' oil and gas regulatory body issues new rules regarding the location and operation of disposal wells used in hydraulic fracturing.
Tri-Star Commences Court Proceedings Against APLNG on CSG Tenements
Wednesday, October 29, 2014 Tri-Star commences proceedings against Australia Pacific LNG seeking court orders that reversion has occurred for its 45 percent stake in coal seam gas assets in petroleum tenements and tenement applications in Queensland, Australia.
Kerry Wants Keystone Pipeline Decision 'Sooner Rather Than Later'
Tuesday, October 28, 2014 US Secretary of State John Kerry says he would like to make a decision soon on TransCanada's Keystone XL crude oil pipeline.
Minister: Singapore Evaluating Sites to Locate Second LNG Terminal
Monday, October 27, 2014 Development of Singapore's second liquefied natural gas terminal is still far away as the government continues with a study to choose a site for the project in the eastern part of the island-state.
Kuwait Says Technical, Not Political, Reasons Behind Oilfield Closure
Monday, October 27, 2014 A senior Kuwaiti official said the Khafji oilfield, run jointly with Saudi Arabia, had been shut down for "purely technical and not political" reasons, state news agency KUNA reports.
Impact Scores a New License off West Africa
Friday, October 24, 2014 Impact Oil and Gas wins a new exploration license covering the AGC Profond block offshore Senegal and Guinea Bissau.
Natural Gas Flaring In Bakken Reduced Following New Regulations
Friday, October 24, 2014 A month after implementing new rules regarding the flaring of natural gas, the state of North Dakota was near compliance with the new limits as drillers in the Bakken work to reduce flaring.
Spain Appeals Planned Canary Island Vote On Oil Drilling
Friday, October 24, 2014 Spain's government launches an appeal in the Constitutional Court seeking to halt a Canary Islands referendum next month, Deputy Prime Minister Soraya Saenz de Santamaria says.
Mozambique Offers More Gas And Oil Blocks Week After Election
Thursday, October 23, 2014 Mozambique opens up 15 new areas for exploration and production, a week after national elections which are expected to return the ruling Frelimo party to power.
Russian Prosecutors Detain More Suspects In Total CEO Plane Crash
Thursday, October 23, 2014 Prosecutors detain four Moscow airport workers and deny bail to the driver of a snow plough involved in the plane crash that killed the CEO of Total earlier this week.
Russia Hopes Exxon Departure Won't Impact Wider Arctic Oil Exploration
Wednesday, October 22, 2014 Russia's Energy Minister hopes the suspension of work by US oil major Exxon Mobil in the Kara Sea will not affect wider offshore exploration in the Russian Arctic.
Thailand Plans Feb Auction Of Petroleum Concessions At 29 Blocks
Wednesday, October 22, 2014 Thailand plans to kick off a new auction round next February for petroleum concessions on 29 onshore and offshore blocks in its effort to secure energy supplies, a senior energy ministry official says.
Denton To Vote To Ban Fracturing On November 4
Wednesday, October 22, 2014 The citizens of Denton will be voting Nov. 4 whether or not to ban hydraulic fracturing.
Minister: Norway Oil Projects Face Delays over Costs
Tuesday, October 21, 2014 Several Norwegian oil and gas projects with development plans due in 2015 will be delayed because of high costs and technological challenges, says oil minister Tord Lien.
Oil And Gas Backs Democrat's Bid To Keep Louisiana US Senate Seat
Monday, October 20, 2014 Oil and gas interests are pouring money into a tight US Senate race in Louisiana, giving twice as much to the Senate campaign of incumbent Democrat Mary Landrieu than her Republican challenger.
What's Going on in Kurdistan? Q&A with Gulf Keystone CEO
Monday, October 20, 2014 Rigzone catches up with John Gerstenlauer, CEO of Gulf Keystone Petroleum, to find out about the situation for oil companies in Kurdistan.
Sona to Get MSC's Clearance Soon to Acquire Salamander's Thailand Assets
Monday, October 20, 2014 Sona Petroleum expects to receive clearance soon from the Malaysian Securities Commission to acquire 40 percent in Salamander Energy's two upstream assets in Thailand.
China, Vietnam Pledge to 'Address and Control' Maritime Disputes
Friday, October 17, 2014 China and Vietnam have agreed to "address and control" maritime disputes, state media says.
BSO Gets Extension for Permit Vic/P41 Work Program in Gippsland Basin
Friday, October 17, 2014 Bass Strait Oil receives a six month extension to its work program for permit Vic/P41 in the Gippsland Basin, offshore Victoria, Australia.
Tanzania To Pick Winners Of Oil, Gas Bids Before Year-End
Friday, October 17, 2014 Tanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the end of this year, its upstream regulator says.
China's NDRC Approves RH Petrogas' Oil Development Plan for Fuyu Block
Friday, October 17, 2014 The National Development and Reform Commission approves RH Petrogas's plan to develop Fuyu 1 Block in Songliao Basin, Jilin province, China.
BOEM to Offer 44 Million Acres Offshore GOM
Thursday, October 16, 2014 BOEM Acting Director Walter Cruickshank announces the bureau will offer nearly 44 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development.
ExxonMobil Votes With Feet To Stay In EU As Energy Laws Loom
Thursday, October 16, 2014 ExxonMobil is pouring $1 billion into an EU refinery, setting aside concerns about EU green energy rules that will cut demand for oil.
East Africa Neighbors Close To Picking Consultant For Oil Export Pipeline
Thursday, October 16, 2014 Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump oil to the coast for export, according to officials.
Taiwan Considers Permanent Armed Ships for Disputed South China Sea Island
Thursday, October 16, 2014 Taiwan is considering stationing armed vessels permanently on a disputed South China Sea island, officials say.
Colorado Political Candidates: Energy Vital to Colorado's Economy
Wednesday, October 15, 2014 Colorado political candidates meet to discuss the future of energy production in the state, and its role in the state's economy.
S. Africa's Zuma Outlines Ambitious Oil Exploration Plans
Wednesday, October 15, 2014 South African President Jacob Zuma outlines ambitious plans for oil and gas exploration in coastal waters.
Conoco Files For ICC Arbitration Against Venezuela's PDVSA
Friday, October 10, 2014 ConocoPhillips files for arbitration at the International Chamber of Commerce against PDVSA for compensation related to the termination of its partnership contract after the nationalization of oil projects.
Industry, US Coast Guard Focus on Safety While Performing Core Functions
Friday, October 10, 2014 As the industry strives to improve safety during drilling operations, the US Coast Guard seeks to provide regulatory coverage without slowing the production process.
Uganda to auction new oil blocks by December
Friday, October 10, 2014 Uganda will auction new oil exploration acreage by December and compensate land owners at the site of a planned crude oil refinery, a government official says.
Venezuela Says To Pay Less Than $1B To Exxon Over Nationalization
Friday, October 10, 2014 Venezuela will end up paying less than $1 billion to ExxonMobil for oil assets nationalized in 2007, after this week's World Bank tribunal award, the Venezuelan government says.
Venezuela Ordered To Pay Exxon $1.6B For Nationalization
Thursday, October 09, 2014 A World Bank arbitration tribunal has determined Venezuela must pay ExxonMobil around $1.6 billion to compensate for a 2007 nationalization.
Argentine Senate OKs Energy Bill Aimed At Luring Shale Investors
Thursday, October 09, 2014 Argentina's Senate approves a bill aimed at increasing incentives to lure the foreign investors needed to develop its vast shale reserves and erase the country's costly energy deficit.
Iran Aims For Tempting New Oil Contracts Soon
Wednesday, October 08, 2014 Iran's new development contracts will be finalized soon and presented to the cabinet for approval, its oil minister says.
Government Approves EIA for the Arrow Bowen Pipeline in Australia
Wednesday, October 08, 2014 Arrow Energy welcomes the federal government approval of the environmental impact assessment for the Arrow Bowen Pipeline in Australia.
Mozambique to Seek Bids for 15 Exploration Blocks in Fifth Licensing Round
Wednesday, October 08, 2014 Mozambique will make a formal announcement later this month to invite bids for the exploration of 15 onshore and offshore blocks in the country's Fifth Licensing Round.
Petronas Upbeat on BC Government's Stance on Pacific Northwest LNG Project
Wednesday, October 08, 2014 Petronas is encouraged by the commitment of the British Columbia government regarding the Pacific Northwest LNG project in Canada.
Govt: Norway's New Oil Developments Suffer Cost Blowouts
Wednesday, October 08, 2014 Several key oil and gas developments in Norway will cost much more than earlier expected and fields with approved development plans are now seen 10% more expensive than originally planned.
Cyprus President Suspends Peace Talks
Tuesday, October 07, 2014 Cyprus' president suspends talks on reunifying the ethnically divided island in response to Turkish plans to search for oil and gas in waters.
EU Policy Makers Propose Scrapping Mandatory Tar Sands Label
Tuesday, October 07, 2014 The European Commission proposes to scrap a mandatory requirement to labour tar sands as highly-polluting, which could enable Canada to ship crude from tar sands to Europe.
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