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News Topics: Govt & Regulatory

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Ky. Senate Candidate Wants Keystone Pipeline OK'd
Thursday, April 24, 2014 Democratic US Senate candidate Alison Lundergan Grimes calls on Obama to approve the Keystone XL oil pipeline.

Argentina's Congress Approves $5B Repsol Indemnity
Thursday, April 24, 2014 Argentina's government is hoping to have an easier time attracting international investors to exploit its fields now that its Congress has agreed to pay Grupo Repsol $5B.

Minister: Canada To Decide In June On Proposed Enbridge Oil Pipeline
Thursday, April 24, 2014 Canada will meet a mid-June deadline for its final decision on whether to authorize the construction of Enbridge's proposed Northern Gateway crude oil pipeline, a government minister says.

Pemex Chief Touts Mexico's Energy Reform In Washington Visit
Thursday, April 24, 2014 While energy reforms have opened the door for Mexico's state-run energy company to expand overseas, its focus for now will be on developing its "low-hanging fruit," the head of Pemex says.

Minister: Egypt to Pay Some $1B Owed Oil Firms Within Two Months
Wednesday, April 23, 2014 Egypt will pay about $1 billion of the money it owes to foreign oil companies within the next two months, the state's MENA news agency says, quoting Oil Minister Sherif Ismail.



Comprehensive Program Needed to Address US Arctic Oil Spill Risk
Wednesday, April 23, 2014 The National Research Council offers recommendations to address the oil spill risk posed by commercial activity in US Arctic waters.

Oil Companies Fight ND Plan To Slow Production
Tuesday, April 22, 2014 Dr. Lyle Best traveled nearly 200 miles from the heart of North Dakota's oil patch to tell state regulators one thing: "Slow down."

Russia's Putin Wants Beefed-Up Presence In Arctic
Tuesday, April 22, 2014 President Putin says that Russia should step up its presence in the Arctic and challenge other nations in exploring the world's largest untapped natural reserves.

Kemp: Obama Stalls Drilling On Federal Lands
Tuesday, April 22, 2014 The White House likes to claim a share of the credit for the drilling revolution that has transformed North America's energy production and security, Kemp says.

Biden Offers US Help On Energy, Aid Allocation For Ukraine
Monday, April 21, 2014 US VP Biden will announce a package of technical assistance focused on energy and economic aid distribution during a two day visit to Kiev.

National Energy Boom Blurs Political Battle Lines
Sunday, April 20, 2014 The US energy boom is blurring the traditional political battle lines across the country.

Paper: Voestalpine CEO Calls For Europe To Frack In Low-Density Areas
Friday, April 18, 2014 Europe should consider allowing fracking for shale gas in sparsely populated areas, the chief executive of Voestalpine told a German newspaper.

Shell Commited To Russia Expansion Despite Sanctions
Friday, April 18, 2014 President Vladimir Putin pledges to support Shell's Russia expansion plans at a meeting with the company's chief executive Ben van Beurden.

US Extends Keystone XL Comment Period, Delaying Final Decision
Friday, April 18, 2014 The US State Department is extending the government comment period on the Keystone XL pipeline.

Eni, Ukraine Agree On Need To Increase Gas Production
Thursday, April 17, 2014 Eni's Poalo Scaroni and Ukraine's energy minister agree on the need to increase gas production in the country, which is at the center of escalating tensions with Russia.

Oil Output In South Sudan's Unity State Delayed By Fighting
Thursday, April 17, 2014 A new bout of fighting in South Sudan's oil-producing Unity state will delay the resumption of output in the region, a senior oil ministry official says.

Linc Energy Stands Firm in Environmental Dispute with Queensland Government
Thursday, April 17, 2014 Linc Energy stands firm in a dispute with the Queensland government in Australia over allegations that it has caused unauthorized environmental harm at the Chinchilla Underground Coal Gasification Research and Development Facility.

Providence Offered Upgrade to its Newgrange Licensing Option
Thursday, April 17, 2014 Providence Resources is offered the opportunity to convert its Newgrange licensing option, offshore Ireland, into a Frontier Exploration Licence.

Remote, Oil-Rich Shetland Elbows Way into Scotland's Independence Vote
Wednesday, April 16, 2014 Shetlanders see the Scottish independence vote as an opportunity to gain a share of revenues from the oil pumped from the North Sea.

Ophir Gets Formal Approval to Farm-in to WHL's Offshore Seychelles Block
Wednesday, April 16, 2014 WHL Energy reveals that the Seychelles government has formally approved Ophir Energy's farm-in to its offshore Seychelles exploration project area.

Kuwait to Award $4.3B Contract this Year for Heavy Oil Project
Tuesday, April 15, 2014 Kuwait plans to award a $4.3B contract later this year for the first phase of a project to produce heavy oil at its northern Ratqa field.

Ruspetro Gets 20-Year Extension to Vostochno-Inginsky License
Tuesday, April 15, 2014 Ruspetro sees its Vostochno-Inginsky license in the Western Siberia extended to 2034.

US EPA Studies Whether To Regulate Methane From Oil And Gas
Tuesday, April 15, 2014 The US EPA took a step toward a wider strategy to address climate change, releasing 5 technical papers that will help it decide whether or not to regulate methane emissions from the oil and gas sector.

Angola To Launch Tender For 10 New Onshore Oil Blocks On May 30
Monday, April 14, 2014 Angola will start the tender process for onshore oil exploration at 10 new blocks in the Congo Basin and Kwanza Basin on May 30, state oil firm Sonangol says.


France's Total Calls Time on Polish Shale License
Monday, April 14, 2014 France's Total chooses not to renew its only shale gas exploration license in Poland, according to a company spokesman.

Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014 Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.

Italy Set to Make Sweeping Management Changes at State Firms
Monday, April 14, 2014 Italy is set to announce sweeping changes to the top management at state-backed firms, including oil group Eni

Russia, China Aim to Finish Gas Talks before Putin's May Visit
Monday, April 14, 2014 Russia and China aim to wrap up a 10-year series of talks about Russian gas supplies before Russian President Vladimir Putin visits China in May.

Energy Department Seeks Methane Hydrate Proposals
Sunday, April 13, 2014 The US Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of "frozen gas" that could step in for shortages of other fossil fuels.

MOG Receives 1st Payment Following Malta Case
Friday, April 11, 2014 Leni Gas & Oil pays Mediterranean Oil & Gas $1 million of the $2.5 million it owes MOG after the failure of its court case over a 2012 Maltese license deal.

UAE Energy Minister Hopes Western Partners Keep Oilfields Role
Friday, April 11, 2014 UAE Energy Minister hopes Western firms in charge of Abu Dhabi’s biggest oilfields would continue to keep a role, but that no firm will automatically retain concessions when they come up for renewal.

Democratic Senators Press Obama For Keystone Decision By May 31
Thursday, April 10, 2014 Eleven US Democratic senators urge President Obama to make a final decision on whether to approve TransCanada's Keystone XL pipeline from Canada to the Gulf Coast no later than May 31.

BP Says Can Act As Bridge Between Russia And West
Thursday, April 10, 2014 BP can help enhance relations between Russia and the West and is talking to politicians across the world, executives say.

EIA: US Oil Reserves Jump On Shale, But Gas Tumbles In 2012
Thursday, April 10, 2014 Proven US oil and condensate reserves jumped 15.4%, or 4.5 billion barrels, in 2012 owing to shale oil production, the EIA says.

Iraq Hopes to Complete Oil Pipeline to Raise Exports This Year
Wednesday, April 09, 2014 Iraqi Oil Minister Abdul Kareem Luaibi says the country hopes this year to complete construction of a 124-mile oil pipeline to raise exports to Turkey to more than one million barrels per day.

CAA Helicopter Safety Timeline Criticized
Wednesday, April 09, 2014 The Civil Aviation Authority's timeline for the introduction of safety recommendations for offshore helicopter flights "does not take into account the full risk picture for offshore workers", says Oil & Gas UK.

IRS Puts Damper On Newer Types Of Energy Partnerships
Wednesday, April 09, 2014 The IRS has temporarily stopped issuing private letter rulings that energy companies sometimes request when setting up master limited partnerships for their tax benefits.

Britain Warns Scots That Independence Would Hurt Energy Industry
Tuesday, April 08, 2014 Britain warns Scots that voting for independence would threaten the commercial viability of North Sea oil and gas fields and renewable energy projects.

National Petroleum: Ghana Oil Output To Hit Up To 110,000 Bpd In 2014
Tuesday, April 08, 2014 Ghana's Jubilee oilfield will produce up to 110,000 barrels per day in 2014, Ghana National Petroleum Corporation Chief Executive confirms.

Norway to Boost Oil Project Oversight after Cost Overruns
Tuesday, April 08, 2014 Norway's Oil Directorate Head says the country is growing increasingly intolerant of delays and cost overruns at offshore oil projects.

OMV To Pay Higher Austrian Oil And Gas Royalties
Tuesday, April 08, 2014 OMV will have to pay higher royalties for oil and gas production in Austria backdated to the start of this year, its chief executive says.

West Australia Sets Conditions for Renewing Browse Gas Leases
Monday, April 07, 2014 The Western Australian government will only renew two leases in the offshore Browse LNG development if the partners set up an onshore supply base in the state and allocate gas for industrial use in the state.

Crimea Cost Ukraine Over $10B In Lost Natural Resources
Monday, April 07, 2014 Ukraine's ecology and natural resources minister estimates that Kiev has lost natural resources and related assets worth $10.8 billion when Russia annexed the Crimea region.

Chevron Brazil Faces Criminal Oil-Spill Charges, Reinstated on Appeal
Friday, April 04, 2014 Brazilian judges order a criminal prosecution of Chevron Corp. over a November 2011 oil spill.

Republicans: California Regulations Block State Shale Oil Boom
Friday, April 04, 2014 Republican lawmakers say over regulation has prevented a shale oil boom in California and if eased, could boost production in the state and reduce its dependence on foreign energy.

Santos Submits Environment Assessment on Narrabri Project to NSW Government
Friday, April 04, 2014 Santos submits a preliminary environment assessment on the Narrabri Gas Project in New South Wales, Australia to the State Government.

Federal Agencies Issue Major Regulatory Changes
Friday, April 04, 2014 The federal agencies under President Obama continue to press his environmental agenda with the release of three major regulatory changes within the last week.

WHL Receives Nod to Farm Out 75% Stake in Seychelles Block to Ophir
Friday, April 04, 2014 WHL Energy receives regulatory approval for the farm-out of a 75% interest in its Seychelles exploration block to Ophir Energy.

Sources: Iran, Russia Working to Seal $20B Oil-for-Goods Deal
Thursday, April 03, 2014 Iran and Russia have made progress toward an oil-for-goods deal that sources said could be worth up to $20 billion and enable Tehran to boost vital energy exports in defiance of Western sanctions, people familiar with the negotiations say.

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