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News Topics: Govt & Regulatory

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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.

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.

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.

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.

Xi: Hopes China, Philippines Can Return to Past Understanding on Sea Spat
Tuesday, November 11, 2014 Chinese President Xi Jinping said he hopes China and the Philippines can return to a past understanding on issues related to the South China Sea, the official Xinhua news agency reports.

Norway Oil Investment To Fall Next Year, Then Level Out
Tuesday, November 11, 2014 Investment in Norway's oil sector will fall sharply next year before leveling out for 4 years as energy firms continue to work on relatively profitable projects, industry lobby group says.

Egypt Awards BP Two New Exploration Blocks
Monday, November 10, 2014 BP wins two new exploration blocks as a result of Egypt's 2013 EGAS bid round.

U.S. Judge Rejects BP Bid to Oust Gulf Spill Claims Chief
Monday, November 10, 2014 BP fails to persuade a federal judge to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill.

UK Environment Agency Likely to Grant Permits for Shale Firm Cuadrilla
Monday, November 10, 2014 Britain's Environment Agency says it will likely approve environmental permits for shale gas firm Cuadrilla Resources at a site in northwest England.

Romania Does Not Have Shale Gas, PM Ponta Says
Monday, November 10, 2014 Romania's shale gas does not exist, Prime Minister Victor Ponta says.

U.S. Senate Panel to Weigh Bill Speeding Up LNG Export Reviews
Monday, November 10, 2014 U.S. lawmakers on the Senate Energy Committee will vote on a bill aimed at speeding up the Department of Energy's review of liquefied natural gas export applications.

Faroe, Enegi Pick up Licenses in 28th UK Round
Friday, November 07, 2014 Faroe Petroleum and Enegi Oil are awarded licenses in the UK's 28th Offshore Licensing Round.

Greece Tells Turkey To Stop Challenging Cyprus Natgas Efforts
Friday, November 07, 2014 Greece urges NATO partner Turkey to stop harassing Cyprus while it looks to exploit offshore natural gas fields.

BG Group's Samuel To Head New UK New Oil & Gas Authority
Thursday, November 06, 2014 BG Group's Andy Samuel is named CEO of the UK's new Oil & Gas Authority.

Chesapeake Subpoenaed By DOJ, States Over Royalty Payments
Thursday, November 06, 2014 Chesapeake Energy receives subpoenas from states and the US Department of Justice seeking information on its royalty payment practices to mineral owners, according to a regulatory filing.

Illinois Lawmakers Approve Fracking Rules
Thursday, November 06, 2014 Illinois lawmakers signed off on long-awaited rules regulating high-volume oil and gas drilling, clearing the way for companies to get fracking permits.

JKX Awarded Extension to Zaplavskoye License
Thursday, November 06, 2014 JKX Oil & Gas is awarded a further five-year extension to its Zaplavskoye exploration license by Ukraine.

Call for UK Government to Help Investment in Oil, Gas
Wednesday, November 05, 2014 British Chambers of Commerce calls on the UK Chancellor of the Exchequer to take measures in his Autumn Statement that will help investment in the country's oil and gas sector.

East Timor Kicks Out Judges Over ConocoPhillips Tax Fight
Wednesday, November 05, 2014 East Timor orders five foreign judges out of the country after a court ruled in favor of ConocoPhillips in cases tied to $236 million in disputed tax assessments.

North Dakota Re-Elects Agriculture Commissioner In Oil-Focused Race
Wednesday, November 05, 2014 North Dakota re-elects Agriculture Commissioner Doug Goehring as voters opted to retain the status quo for a position that helps regulate the state's burgeoning energy industry.

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