News Topics: Govt & Regulatory
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BSEE: Gulf Well Supervisor Charged with False Statements to Inspectors
Friday, January 30, 2015 Gulf of Mexico well site supervisor is being charged with falsifying statements regarding blowout preventer components.
Mexico Cuts Spending On Oil Shock, Shelves Tainted Rail Project
Friday, January 30, 2015 Mexico's government cut its 2015 budget by nearly 3% after a drop in global prices hurt public finances.
Congress Gets Busy On Oil, Gas Issues
Friday, January 30, 2015 Republicans are wasting no time in taking on some of the energy issues that have been waiting in Congress for years, Alex Mills says.
Occidental Results Beat Expectations On Texas Production
Thursday, January 29, 2015 Occidental Petroleum reports better-than-expected quarterly results as its Texas shale assets boost total production even as crude oil prices slump.
Pennsylvania Governor Bans New Oil/Gas Leases On State Land
Thursday, January 29, 2015 Pennsylvania Governor Tom Wolf signs an executive order reinstating a moratorium on new leases for oil and natural gas development in state parks and forests.
Keystone XL Advances In US Senate, Faces Obama Veto
Thursday, January 29, 2015 The US Senate will likely pass a bill approving the long-pending Keystone XL oil pipeline, a measure the White House said President Barack Obama would veto.
Total Signs 40-Year Onshore Oilfield Deal with Abu Dhabi
Thursday, January 29, 2015 Total will take a 10% stake in 15 onshore oilfields in Abu Dhabi.
Australia State Suspends AGL's Fracking License, Banned Chemicals Found
Wednesday, January 28, 2015 An Australian state government suspends AGL Energy's license to operate a pilot coal seam gas field after banned chemicals were found in water supplies.
Cyprus in Talks with Noble on Exploitation of Gas Find
Wednesday, January 28, 2015 Cyprus and US independent energy firm Noble discuss the potential exploitation of a gas field discovered in 2011.
California County Declares Fiscal Emergency Due To Oil Price Plunge
Wednesday, January 28, 2015 Plunging oil prices lead California's Kern County to declare a fiscal emergency, a move that allows officials to tap into a reserve fund as tax revenue faces a big decline due to the lower oil prices.
Scottish Moratorium, Planning Delay Dent Cameron's Shale Gas Ambitions
Wednesday, January 28, 2015 Scotland blocks the granting of permits for fracking and a local English council delays a decision on two projects, casting doubt on British Prime Minister David Cameron's shale gas ambitions.
Fracking Moratorium Voted Down in Colorado Town
Wednesday, January 28, 2015 The Erie, Colorado Board of Trustees votes down a moratorium on fracking, and will continue to work with drillers in the area to address noise and vibration concerns.
Budget Watchdog: Canada May Face 2015/16 Budget Deficit On Low Oil
Tuesday, January 27, 2015 If the price of oil averages $48 a barrel this year, Canada will end up with a small deficit in 2015-16, even with the use of a contingency fund set aside for unexpected events, Canada's budget watchdog says.
Ghana's OCTP Project Gets Go-Ahead
Tuesday, January 27, 2015 Eni's OCTP project in Ghana gets the go-ahead, with first oil expected in 2017.
Obama Floats Offering First-Ever Drilling Lease In Atlantic
Tuesday, January 27, 2015 The Obama administration floats a plan that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling off Alaska.
UK Parliament Group Calls for Shale Gas Fracking Moratorium
Monday, January 26, 2015 A group of British lawmakers call for a moratorium on shale gas fracking, saying developing the unconventional gas resources was incompatible with targets to fight climate change.
Britain To Ban Fracking In National Parks After Policy U-Turn
Monday, January 26, 2015 Britain says it would ban fracking in national parks, reversing a policy announced last year.
Rival Minister: Libya Producing 363,000 BPD of Oil
Monday, January 26, 2015 Libya, struggling to reopen ports and oilfields hit by fighting, is producing 363,000 barrels of oil per day (bpd) and exporting around 200,000, the oil minister appointed by forces in control of the capital Tripoli says.
Rival Minister: Libya Producing 363,000 Barrels per Day
Monday, January 26, 2015 Oil output from Libya fells to 363,000 barrels per day amid fighting.
US Supreme Court Rejects BP Executive's Appeal
Monday, January 26, 2015 The US Supreme Court declines to hear an appeal by a former BP executive.
Tethys Gets 15 Years Extension to Kyzyloi Production Contract
Friday, January 23, 2015 Tethys Petroleum gets permission from the Kazakh government to extend the Kyzyloi Gas Production Contract to December 2029.
Indonesia Plans to Offer 8 Oil, Gas Exploration Blocks in 2015
Thursday, January 22, 2015 Indonesia plans to offer eight oil and gas exploration blocks this year through direct negotiation and regular tender, according to an official of the energy and mineral resources ministry.
Minister: Total Likely to Ditch Cyprus Offshore Gas Search
Wednesday, January 21, 2015 France's Total is likely to abandon a search for oil and gas off Cyprus after failing to find tangible evidence of reserves.
Faroe, Lundin, Cairn Score Norway License Wins
Wednesday, January 21, 2015 Faroe Petroleum and Lundin Petroleum issue details of licenses they have secured in Norway's latest offshore licensing round.
Cuadrilla Gets Planning Set Back to its Fracking Plans
Wednesday, January 21, 2015 Local planning officers deal a blow to Cuadrilla's fracking plans at Preston New Road and Roseacre despite the award of Environment Agency permits.
Deputy PM: Russia May See Oil Output Fall by 1M BPD at Most
Wednesday, January 21, 2015 Russia may see a natural decline in oil output by around 1 million barrels per day but has no plans to cut production in coordination with OPEC, says the country's deputy prime minister.
BP Asks For Lower Fine In Penalty Phase Of Gulf Spill Trial
Tuesday, January 20, 2015 BP tries to whittle away at $13.7B in potential fines under the Clean Water Act as the penalty phase starts in its trial over the 2010 Gulf of Mexico oil spill.
Norway Moves Arctic Ice Edge North, Oil Firms On Alert
Tuesday, January 20, 2015 Norway's energy ministry launches an Arctic-focused oil and gas licensing round.
PNG LNG Project Nears Financial Completion, Ends 120-Day Operational Test
Tuesday, January 20, 2015 Oil Search discloses that the PNG LNG Project has successfully completed the 120-day operational test, moving the development towards financial completion.
ExxonMobil PNG Receives License to Develop P'nyang Field in PNG
Monday, January 19, 2015 ExxonMobil PNG receives petroleum development license for P'nyang field in Papua New Guinea.
Oilex Get Gas Sale Go-Ahead for Cambay-77H Well
Monday, January 19, 2015 Asia-focused Oilex gets the go-ahead from the Indian government to sell gas from its Cambay-77H well.
Eni Gets 3-Year Exploration Extension for Block 15/06, Angola
Monday, January 19, 2015 Italy's Eni obtains a three-year extension to the exploration period for its Block 15/06 concession, offshore Angola.
Indonesia Scraps Land Tax on Oil and Gas Exploration
Friday, January 16, 2015 Indonesia scraps a land tax that companies pay while exploring for oil and gas, a move that might encourage exploration at a time of concern that it could fall sharply due to tumbling oil prices.
BP's Fine for Gulf of Mexico Spill Capped by Ruling
Friday, January 16, 2015 BP faces a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill thanks to a judicial ruling.
Canada's Oliver Says Economy In 'Pretty Good' Shape Despite Oil
Friday, January 16, 2015 Canadians should not be "unduly pessimistic" about the economic impact of the recent slide in oil prices, Finance Minister Joe Oliver says.
Globo: Brazil Energy Minister Says Petrobras CEO to Keep Her Job
Friday, January 16, 2015 Maria das Gracas Foster will keep her job as CEO of Petrobras despite calls for her resignation after a corruption scandal at the state oil company, Brazil's Energy Minister Eduardo Braga says.
Mexico Has Stamina to Maintain Energy Reform
Friday, January 16, 2015 Mexico is committed to energy reform, but will need to show more flexibility in the bidding terms proposed for Round One, a Mexico policy expert reports.
Thailand to Proceed with Exploration Block Bidding Round Despite Opposition
Friday, January 16, 2015 Thailand will proceed with its latest petroleum exploration and production bidding round despite domestic opposition to the plan.
Shale Firm Cuadrilla Wins UK Exploration Permits
Friday, January 16, 2015 The UK's Environment Agency grants permits to shale gas firm Cuadrilla Resources to carry out exploration at a site in northwest England.
Canada Postpones Three Amigos Summit Amid Keystone XL Tension
Thursday, January 15, 2015 Canada postpones a summit with the leaders of the United States and Mexico amid persistent tensions over the construction of TransCanada's Keystone XL pipeline and other issues.
Mexico Says Oil Slump Could Delay Some Tenders, Hit Public Spending
Thursday, January 15, 2015 Mexico says that the tenders for the exploration and production of shale and other more expensive oil and gas deposits could happen later than planned due to the slump in oil prices.
Norway Oil Spending, Output to Fall on Low Crude Prices
Thursday, January 15, 2015 Norwegian energy investments are set to tumble this year, exacerbating a drop in oil production.
DMP Assists Police in Yulleroo 2 Well Gas Leak Probe in Western Australia
Thursday, January 15, 2015 Western Australia's Department of Mines and Petroleum is assisting the police in Broome with their investigations to identify the persons who may have damaged Buru Energy's gas well in the state.
White House To Curb Methane Emissions From Oil, Gas Production
Wednesday, January 14, 2015 President Obama's administration unveils rules to slash methane emissions from oil and gas production by up to 45% from 2012 levels by 2025.
Statoil Hands Back 3 Greenland Exploration Licenses
Wednesday, January 14, 2015 Statoil hands back three of its four Greenland offshore oil and gas exploration licenses in another sign of cost cutting by energy firms amid the plunge in oil prices.
Dana Gas CEO Says Oil Price Collapse Could Delay Egypt Payments
Wednesday, January 14, 2015 The collapse in oil prices may delay the efforts of UAE-based Dana Gas to recover overdue payments from Egypt, say its CEO.
KrisEnergy Completes Acquisition of Sumatra's Block A Aceh PSC
Tuesday, January 13, 2015 KrisEnergy completes acquisition of Block A Aceh production sharing contract in Sumatra, Indonesia from Premier Oil.
Saudi Oil Minister Holds Talks With US Energy Deputy
Tuesday, January 13, 2015 Saudi Oil Minister Ali al-Naimi met US Deputy Energy Secretary Elizabeth Sherwood-Randall in Riyadh where they discussed oil markets, the official Saudi Press Agency (SPA) reports.
US Senate Takes Up Keystone XL Bill As Showdown With Obama Looms
Monday, January 12, 2015 The Senate will start debate on a bill to approve the Keystone XL oil pipeline as Republicans try to line up enough votes to overcome a potential veto by President Barack Obama.
In Court And Congress, Obama's Resistance To Pipeline Tested
Friday, January 09, 2015 In a double blow, the newly empowered Republican-led Congress and the Nebraska Supreme Court undercut President Barack Obama's opposition to the long Keystone XL oil pipeline.
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