News Topics: Govt & Regulatory
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British Columbia Approves Petronas LNG Project, Two Gas Pipelines
Wednesday, November 26, 2014 British Columbia has approved a liquefied natural gas export terminal being developed by Petronas, along with two pipelines to service the province's fledging LNG industry, the province's Ministry of Environment says.
Otto Energy Secures Extension of Service Contract 55 in the Palawan Basin
Wednesday, November 26, 2014 Otto Energy receives government approval for an extension of Service Contract 55 in the Palawan Basin, offshore Philippines by a year.
Cyprus Eyes Gas Exports to Egypt via Pipeline
Tuesday, November 25, 2014 Cyprus and Egypt agree to accelerate talks on the potential export of Cypriot gas to Egypt once resources come on line.
Prosecutor: Total Faces French Trial over Iran Contracts
Tuesday, November 25, 2014 French major Total is to face trial in France over corruption allegations relating to Iranian contracts dating from the 1990s and early 2000s, says the Paris prosecutor's office.
US House To Hold Hearing On Oil Export Ban
Tuesday, November 25, 2014 A House of Representatives panel will hold a hearing Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance.
North Sea Industry Calls for Tax Reform from UK Chancellor
Tuesday, November 25, 2014 North Sea oil and gas firms see fiscal reform of the sector as a "top priority" for the UK government ahead of the Chancellor's Autumn Statement.
Triangle Energy Gets Approval to Operate Pase Block in Aceh, Sumatra
Tuesday, November 25, 2014 Triangle Energy receives approval to operate Pase block in Aceh, North Sumatra, Indonesia for 20 years.
Vietnam Warships Visit Philippines Amid South China Sea Dispute
Tuesday, November 25, 2014 Vietnam shows off its two most powerful warships in the first-ever port call to the Philippines but an official says it is not trying to challenge China's superior naval forces amid tension in the South China Sea.
Ghana Gives Eni Green Light For $6B Offshore Gas Project
Monday, November 24, 2014 Ghana's government gives Italy's energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points block.
Brazil's Petrobras Says Received US SEC Subpoena For Documents
Monday, November 24, 2014 Petrobras says it received a subpoena from the US Securities and Exchange Commission asking for documents relating to an investigation it is pursuing.
Russia May Suggest Oil Output Cuts, Eyes State Oil Reserve Creation
Monday, November 24, 2014 Russia, in desperate need of higher oil prices, is making a last-ditch attempt to sway this week's OPEC meeting by suggesting Moscow could cut output if the group does the same.
Report: Bird Needs 3-Mile Buffer From Drilling
Friday, November 21, 2014 A government study with significant implications for the U.S. energy industry says the breeding grounds of a struggling bird species need a 3-mile or larger buffer from oil and gas drilling, wind farms and solar projects.
Agreement Balancing O&G Extraction and Conservation Reached in Colorado
Friday, November 21, 2014 An agreement has been reached in Colorado providing for a balance of oil and gas exploration and production and conservation on the Roan Plateau.
BSEE, Fieldwood Investigating Explosion from Maintenance on Echo Platform
Friday, November 21, 2014 An investigation is underway into a maintenance incident that killed one worker and injured three on a Gulf of Mexico platform.
Official: Indonesia Favors Pertamina to Operate Mahakam Block After 2017
Friday, November 21, 2014 Pertamina is likely to become the operator and majority shareholder of the offshore Mahakam oil and gas block after the contract of current operator Total E&P Indonesie expires in 2017, an energy ministry official says.
Brazil's Rousseff Struggling to Limit Petrobras Scandal's Damage
Friday, November 21, 2014 President Dilma Rousseff expects a bribery scandal at state-run oil company Petrobras to deteriorate in coming months, aides say, with arrests possible for some political allies and potentially serious damage to an economy that is already struggling.
Israel Must Improve 'Erratic and Unclear' Oil, Gas Regulations
Thursday, November 20, 2014 Israel still has a lot of work to do to improve "erratic and unclear" regulations if its oil and gas industry is to flourish, speakers say at the UOG 2014 conference.
Draft Law: Germany to Leave Door Ajar for Fracking
Thursday, November 20, 2014 The German government plans to stop short of an outright ban on fracking for shale gas.
Chestnut CEO: Better Communication Might Have Prevented Denton Ban
Wednesday, November 19, 2014 An energy CEO discusses how the Denton voter referendum could have been prevented, and the likely outcome of the vote.
Indonesia President Names Ex Corruption Watchdog Deputy to Head SKKMigas
Wednesday, November 19, 2014 Indonesia's president appoints a former senior official at the corruption watchdog to head energy regulator SKKMigas, as part of efforts to restore investor confidence in the country's graft-ridden energy sector.
NPD: Norway Hopes to Launch New Oil, Gas Licensing Round before Christmas
Wednesday, November 19, 2014 Norway hopes to launch its 23rd oil and gas licensing round before Christmas, according to the head of the Norwegian Petroleum Directorate.
Studies Highlight Job, Economic Potential of Expanding US Offshore Leasing
Wednesday, November 19, 2014 Opening additional areas of the US Outer Continental Shelf could create over 800,000 jobs and generate significant government revenues, according to studies by API and NOIA.
Statoil To Keep Up Exploration Spending Despite Falling Oil Prices
Wednesday, November 19, 2014 Statoil will keep exploration drilling high in 2015 and plans to approve a new project this year, even as oil prices trade at 4-year lows, Ivar Aasheim says.
Kemp: Keystone Is Dragging Down The Democrats
Wednesday, November 19, 2014 The Keystone pipeline has assumed a symbolic importance in the struggle between fossil fuels and renewables out of all proportion to its practical significance for either side.
Former PEMEX CEO: Ball Rolling on Mexican Energy Reform
Tuesday, November 18, 2014 Former PEMEX CEO Jesus Reyes-Heroles outlines the opportunities and challenges of Mexico energy reform at a recent energy industry conference.
US Senate Heads For Vote On Keystone XL Pipeline
Tuesday, November 18, 2014 Backers of the Keystone XL oil pipeline hope a vote in the US Senate late on Tuesday will send a bill clearing the way for the controversial project to President Obama.
Keystone XL Pipeline Bill Dies in Senate
Tuesday, November 18, 2014 A bill to force approval of the Keystone XL pipeline fails in the U.S. Senate, sparing President Barack Obama from having to veto legislation that several fellow Democrats supported.
Eni Expands its Presence in Turkmenistan
Tuesday, November 18, 2014 Italy's Eni signs a deal in Turkmenistan that will see it extend its production sharing agreement covering the Nebit Dag area of the country.
Fall in Oil Revenue Will Hit Colombia Hardest in 2016 -Official
Monday, November 17, 2014 Colombia will feel the most impact from the global decline in crude prices in 2016, the finance ministry's head of public credit said as the government braces for a drop in oil revenues.
Brazil's Petrobras Vows to Investigate Graft Allegations
Monday, November 17, 2014 Brazil's state-run oil company Petroleo Brasileiro vows to fully investigate a money-laundering scandal that has rattled the company's shares, and caused the biggest crisis to date for President Dilma Rousseff's government.
Germany Government Reiterates its Ban on Fracking
Monday, November 17, 2014 Germany says it has no plans to lift a ban on fracking, following a report in news magazine Der Spiegel that it was considering lowering the hurdles for shale gas extraction to allow test drilling.
Halliburton Faces Tough Sell in Taking Baker Hughes Deal to Regulators
Monday, November 17, 2014 Halliburton will have a tough time convincing U.S. regulators to approve its $35 billion deal to buy smaller rival Baker Hughes but could prevail with the right divestitures, antitrust experts say.
Eni Signs Angolan Gas-Development Deal
Monday, November 17, 2014 Italy's Eni signs a strategic agreement with Sonangol to co-operate on the development of Angolan gas resources.
Keystone U.S. Senate Vote Hangs in Balance after Obama Remarks
Monday, November 17, 2014 Keystone XL pipeline in the U.S. Senate scramble to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. Gulf, a task made harder after President Obama made his toughest com
Minister: Norway Oil Investments to Fall More Than Expected in 2015
Monday, November 17, 2014 Norwegian energy minister expects his country's oil industry to cut investments more sharply than previously anticipated.
Cyber-Sputnik Needed to Spur Cyber Skills Development
Monday, November 17, 2014 The United States’ dependence on its digital infrastructure makes preparation against cyberattacks more critical than ever, a cyber-intelligence expert tells Rigzone.
Statoil in Test Case for Industry as Canada Extends Seabed Territories
Sunday, November 16, 2014 Statoil is risking millions of dollars in extra costs in Canada, where the country is using United Nations laws to define new limits to its seabed territory.
Metgasco Responds to Gas Plan Mooted by NSW Government in Australia
Friday, November 14, 2014 Metgasco responds to Australia's New South Wales government gas plan and expressed concerns about repeated changes in regulation and policy.
US House Votes To Approve Keystone XL Pipeline; Senate Prospects Unclear
Friday, November 14, 2014 The Republican-led US House of Representatives passes a bill that would approve construction of the Keystone XL pipeline, but prospects for the Senate approving the measure remain uncertain.
Egypt Says To Repay Debts To Foreign Oil Companies Within Six Months
Thursday, November 13, 2014 Egypt plans to repay all of the debt owed to foreign companies within six months, the oil ministry says, a move it hopes will prompt them to step up exploration and ease the worst energy crunch in decades.
Genel Strikes Deal to Develop Major Gas Fields in Iraqi Kurdistan
Thursday, November 13, 2014 Genel signs an agreement with the Kurdistan Regional Government to develop two large gas fields that could supply Turkey with gas from 2017.
Gulf Keystone says Iraqi Kurdistan Oilfield Output Target on Track
Thursday, November 13, 2014 Gulf Keystone Petroleum says it is on track to meet its full-year production target at its Shaikan oilfield in Iraqi Kurdistan.
Australia's NSW State to Curb Gas Exploration, Set New Rules for Coal Seams
Thursday, November 13, 2014 The government of New South Wales says it would limit gas exploration across Australia's most populous state and set out new rules for coal seam gas developments while trying to avert a looming gas shortage.
For House, 9th Pipeline Bill May Be The Charm
Thursday, November 13, 2014 The Republican-controlled House is on track to easily pass a bill Friday to approve the Keystone XL oil pipeline, and this time, the Senate may follow.
US House To Vote Friday On Keystone Pipeline Legislation
Thursday, November 13, 2014 The US House of Representatives plans to vote on a bill forcing approval of Keystone XL oil pipeline project on Friday, according to a congressional aide.
SBM Offshore Settles Bribery Case for $240M, Shares Jump
Wednesday, November 12, 2014 Dutch oilfield services firm SBM Offshore Settles Bribery Case for $240 million.
Bills To Approve Keystone pipeline Could Be Headed To US Senate, House
Wednesday, November 12, 2014 Bills to take approval of the contentious Keystone XL pipeline from Canada out of the hands of the Obama administration could be headed for votes in the US Senate and House of Representatives.
Indonesia Shakes Up Corruption-Tainted Energy Ministry
Wednesday, November 12, 2014 Indonesia's new energy minister launches a major shakeup of the graft-tainted ministry, requiring all top directors to re-apply for their jobs.
UK Opens Onshore Oil, Gas College as Boffins Question Shale Promise
Wednesday, November 12, 2014 The UK opens its first National College for Onshore Oil and Gas while academics caution against the government trumpeting shale gas as a solution to the country's energy security needs.
Oil & Gas Innovation Centre Launched in Aberdeen
Tuesday, November 11, 2014 Aberdeen sees the official launch of the Oil & Gas Innovation Centre, which is designed to provide a single access point to Scottish universities for the oil and gas industry.
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