News Topics: Govt & Regulatory
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Campaigners Highlight 'Shortcomings' of Irish Oil, Gas Tax Regime
Friday, March 07, 2014 As Ireland's energy minister appoints Wood Mackenzie to advise on the country's tax regime for oil and gas, campaign group Own Our Oil calls for an overhaul of how the industry is taxed and regulated.
Foreigners to be Mostly Kept Out of China's Privatizations
Friday, March 07, 2014 As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions.
Kazakhstan Sues Foreign Oil Majors Over Flailing Kashagan
Friday, March 07, 2014 Kazakhstan is suing foreign oil majors developing Kashagan, a tactic similar to those that secured the government large stakes in two other multinational energy projects on its territory.
Kazakhstan Sues Foreign Oil Majors over Flailing Kashagan
Friday, March 07, 2014 Kazakhstan sues oil majors developing its giant Kashagan oilfield in the Caspian Sea after repeated delays at the project.
Libyan Premier Underscores Importance of Eni
Friday, March 07, 2014 Libya's prime minister confirms the importance of Italian oil and gas group Eni to the country.
Masirah Moves to Next Stage of Work Program for Oman's Offshore Block 50
Friday, March 07, 2014 Masirah Oil gets approval from Oman's Ministry of Oil and Gas to proceed to the second phase of its minimum work obligation for Oman's offshore Block 50.
CERAWEEK: Latin America Takes Oil Spotlight Despite Troubles
Friday, March 07, 2014 Nationalizations, currency controls, contract changes, subsidies and political instability over the last 15 years have not prevented energy investors from showing renewed interest in Latin America.
Rosneft Challenges Gazprom Monopoly to Export Russian Pipeline Gas
Friday, March 07, 2014 Rosneft wants to break the monopoly of another Russian state-owned energy company, Gazprom, to export gas via pipelines, according to sources.
State News Agency: Yemen Names New Oil And Interior Ministers
Friday, March 07, 2014 Yemen appoints new oil and interior ministers, state news agency Saba reports, after a series of lethal attacks on security targets and oil facilities.
Murphy Oil and OMV to Drill in Namibia
Thursday, March 06, 2014 Independent explorer Murphy Oil and Austria's OMV will search for oil and gas off Namibia's coast, the country's petroleum commissioner says.
Feds Detail Tests For Crude Moved By Rail
Thursday, March 06, 2014 Federal regulators offer more details on testing requirements for oil transported by rail and warn companies against skirting the rules after a spate of explosions caused by crude train derailments.
'Oil Facts' App Wins Norwegian Award
Thursday, March 06, 2014 An app called 'Oil Facts' developed by the Norwegian Ministry of Petroleum and Energy has been named 'Best Useful App' at Norway's annual Farmand Awards.
Shell Wants Scotland To Stay In UK As Oil Firms Opt For Stability
Thursday, March 06, 2014 Shell becomes the second oil major, after BP, to urge Scotland to stay within the UK ahead of the referendum planned for this September.
The Changing Landscape of North American Gas is Regulatory Policies
Wednesday, March 05, 2014 As the future of the shale gas revolution evolves, regulatory policies will continue to shape the industry's practices.
Moniz Open on Talks for Amending LNG Export Process
Wednesday, March 05, 2014 US Secretary of Energy Ernst Moniz says he will "welcome consultation" with US Congress on altering the LNG export approval process to address geopolitical needs such as the Ukrainian crisis.
CERAWEEK-Chevron CEO Says Ruling In Ecuador Case A 'Resounding Victory'
Tuesday, March 04, 2014 Chevron CEO John Watson says his company won a "resounding victory" after a US district judge quashed a judgment against the company that was handed down by an Ecuadorean court.
BP Questions US Court's Decision on Oil Spill Payments
Tuesday, March 04, 2014 BP disputes decision made in a US appeal court to reject the company's move to halt payments under 2012's Economic and Property Damages Settlement relating to the Macondo oil spill.
Murkowski Could Take Legislative Action on Crude Export Ban
Monday, March 03, 2014 Alaskan Senator Lisa Murkowski could seek legislative action to lift the de facto ban on crude oil exports from the United States.
Mirach Energy Updates on Upstream Operations in Cambodia, Indonesia
Monday, March 03, 2014 Mirach Energy provides an update on its upstream operations in Cambodia and Indonesia.
RH Petrogas Expects Fuyu 1 Block Development Plan Approval in 1H 2014
Monday, March 03, 2014 RH Petrogas indicates that approval for the development plan of Fuyu 1 Block in Songliao Basin, Jilin, China is expected in the first half of 2014.
South Sudan Says in Control of Main Oil Fields, Output Steady
Sunday, March 02, 2014 South Sudan oil minister says the government is in control of oilfields in the main producing area of Upper Nile state.
Kazakh PM Hopes for Kashagan Restart 'Within Months'
Friday, February 28, 2014 Kazakhstan's Prime Minister Serik Akhmetov says the giant offshore Kashagan oilfield could restart output 'within months'.
BOEM Completes Environmental Review for Activities Offshore Atlantic
Thursday, February 27, 2014 BOEM publishes a final environmental review of geological and geophysical survey activities off the Mid- and South Atlantic Coast.
SNH: Cameroon Oil Production to Pass 82,000 Bopd in 2014
Thursday, February 27, 2014 A 25% increase in oil production this year will take Cameroon's daily output to just over 82,000 barrels of oil per day.
Chevron's Plan to Develop Cambodia's Offshore Block A Delayed by Tax Talks
Wednesday, February 26, 2014 Chevron's plan to develop Cambodia's offshore Block A in the Gulf of Thailand has been delayed due to an impasse in negotiations on taxation, according to a senior government official.
Central Petroleum Gets License for Surprise Oil Development in Australia
Wednesday, February 26, 2014 Central Petroleum receives production license #6 for the development of Surprise oil field in Amadeus Basin, Northern Territory, Australia.
Repsol Seeking Upstream Buys After Argentina Settlement
Wednesday, February 26, 2014 Repsol says it was on the lookout for acquisitions to boost its E&P business following the bruising loss of its Argentine energy arm two years ago.
API, IPAA See Flaws in Tax Reform Draft
Wednesday, February 26, 2014 The discussion draft for proposed US tax reform could hinder job creation and the US energy and manufacturing sectors, say oil and gas industry group officials.
North Sea 'Paradox' Highlighted by New Survey
Tuesday, February 25, 2014 Capital spending and production remain high on the UK Continental Shelf but exploration activity is at a historic low.
Iraq Approves Major Oil Contracts For Eni; Angola Exits
Tuesday, February 25, 2014 Iraq approves major contracts for Eni's giant oilfield project in its south, just hours after it threatened to pull out if red tape was not cut and Sonangol quit projects in the north due to security concerns.
Spain's Repsol Agrees To $5B Settlement With Argentina Over YPF
Tuesday, February 25, 2014 Repsol approves a $5B settlement with the government of Argentina, ending a 2-year dispute over the seizure of the company's operations in the country.
Small Nebraska Agency Might Further Complicate Keystone Fight
Monday, February 24, 2014 A small Nebraska state commission is set to play a pivotal role in deciding the fate of the Keystone XL pipeline.
Oklahoma Governor: Obama Says Sees Keystone Decision In Next Couple Months
Monday, February 24, 2014 Obama told governors that he expects to make a decision on whether to allow the Keystone XL pipeline from Canada in the next couple of months, Oklahoma Governor Mary Fallin tells reporters.
S. Africa State Pension Fund Keen To Invest In Local Shale Play
Monday, February 24, 2014 South Africa's Public Investment Corporation is keen to invest in a domestic shale gas industry once it gets underway, its chief investment officer says.
Wood Review: UK, Scottish Governments Discuss Future of Oil, Gas Sector
Monday, February 24, 2014 Westminster and Edinburgh governments meet in separate cabinet meetings in northeast Scotland to discuss the future of the oil and gas sector on the UK Continental Shelf.
Gabon Tells Total To Pay $805 Mln In Taxes
Friday, February 21, 2014 Gabon's government tells French oil major Total's local subsidiary to pay $805 million in taxes it owes for 2008 to 2010.
Nebraska Ruling Could Grant Obama Breathing Space On Keystone
Friday, February 21, 2014 A Nebraska judge's ruling on the Keystone XL pipeline could let President Barack Obama delay his final decision on the project.
Repsol to Make 1.3B Euro Provision over YPF
Friday, February 21, 2014 Spanish oil major Repsol says it will book a $1.8-billion impairment charge in its 2013 results after writing down the value of shares in YPF expropriated by the Argentine government.
Kurds Have Not Agreed to Export Oil via Iraq's SOMO
Friday, February 21, 2014 The Kurdistan autonomous region says it has not agreed to export crude via Iraq's State Oil Marketing Organization (SOMO).
Kurds Say Have Not Agreed to Export Oil Via Iraq's SOMO
Thursday, February 20, 2014 Kurdistan has not agreed to export crude via Iraq's SOMO, a spokesman for the autonomous region's government says, contradicting earlier comments by a top energy official in Baghdad.
S. Sudan Oil State Capital Divided, Crude Output Down
Thursday, February 20, 2014 The capital of South Sudan's main oil-producing region was divided between the army and rebels after the worst fighting since a January ceasefire stoked jitters in global oil markets.
Colombia Prepares Shale Debut With Launch Of 2014 Oil Round
Wednesday, February 19, 2014 Colombia says it will for the first time auction areas potentially containing non-conventional or shale crude in its 2014 oil round in July.
Report: US Energy Secretary Favors Reducing Oil Shipped By Rail
Wednesday, February 19, 2014 US Energy Secretary Ernest Moniz supports reducing the amount of crude oil shipped by rail in favor of pipelines that are safer, cheaper and cleaner, Capital New York reports.
Barryroe License Area Extended
Tuesday, February 18, 2014 Providence Resources says the license area in which its 1.1-billion barrel Barryroe discovery is situated has been extended to the south and southeast.
Consultancy: Britain Must Ease Planning Rules On Shale Gas
Monday, February 17, 2014 Britain must streamline shale gas planning rules to cut delays or it will fail to achieve significant output and will miss out on potential tax revenues, energy consultancy Poyry says.
MOG and Leni Go to Court over Malta Deals
Monday, February 17, 2014 Mediterranean Oil & Gas and Leni Gas & Oil are to meet in the High Court in London over deals made in the summer of 2012 concerning the Area 4 PSC offshore Malta.
Shell to Drill for Oil in Namibian Waters
Monday, February 17, 2014 Shell will drill for oil offshore Namibia, says country's mines and energy minister Isak Katali.
NOC: Libya's Oil Output Falls to 390,000 Bopd Due to Protests in West
Sunday, February 16, 2014 Libya's oil production falls by 70,000 barrels per day in a week as protests block flows from the El Sharara oilfield.
Enbridge Pipeline Expansion Delayed By Wait For US Permit
Friday, February 14, 2014 Enbridge's plan to expand the capacity of its Canada-to-US Alberta Clipper pipeline by 120,000 barrels per day have hit a snag, the company says.
North America Methane Leaks Higher Than Previous Estimates
Friday, February 14, 2014 North America methane emission levels, including emissions resulting from natural gas production, are higher than official EPA estimates, a recent study reports.
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