Energy News - page 147


HMAS Success Deploys to Middle East

Nov 23, 2014

After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support for coalition forces as part of Operation MANITOU. Senator the Hon Concetta Fierravanti-Wells…

Rosneft Ships First Oil From Chayvo Field

Nov 23, 2014

Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21.The tanker was loaded at the Sokol single-point oil terminal located 5…

Gazprom Transgaz Ufa Organizes Arts Festival

Nov 22, 2014

Over 200 healthy children and children with disabilities from Bashkortostan as well as the Volga Region participated in the Breaking the Barriers second interregional children’s arts festival, which took place in Ufa on November 14 under the slogan “Friendship begins here…

Time-out for Kwanza Drilling

Nov 22, 2014

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.The rig contract will cease with effect from 21 November 2014…

President Pryor Retires from ExxonMobil Chemicals

Nov 22, 2014

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.It is anticipated that the board of directors of Exxon Mobil Corporation will appoint Neil A…

Oil Deal Between Iraqi Kurdistan & Baghdad Welcomed

Nov 22, 2014

The United States welcomes an agreement between Iraq's central government in Baghdad and its northern Kurdistan region over the management of oil exports, U.S. Vice President Joe Biden said on Saturday.Biden told an Atlantic Council summit…

Canadian Pipeline Expansion Continues

Nov 22, 2014

Kinder Morgan Energy Partners said on Friday that crews have resumed survey work related to its Trans Mountain pipeline expansion project in the Vancouver suburb of Burnaby, even as Canadian police arrested more protesters at two work sites…

Nigeria to Cut Petrol Subsidy by Half

Nov 22, 2014

Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards, data from the revised budget seen by Reuters showed on Friday.President…

Varin Confirms He is Set to Become Areva Chairman

Nov 21, 2014

Former chief of car maker Peugeot Philippe Varin confirmed that the French government plans to propose him as chairman of state-controlled nuclear group Areva's new executive board.'You know I am being considered to become chairman of Areva…

Vestas, Investors Await U.S Wind Tax Break Decision

Nov 21, 2014

Shareholders in Danish wind turbines maker Vestas are anxiously waiting for U.S. lawmakers to decide if a crucial tax break for wind power will be extended, as a favorable decision could send its share price bouncing up by over 10%, according to analysts…

EMGS to Map Brazil's Gas Hydrates

Nov 21, 2014

Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas Basin.The project is a collaboration between…

Achinsk Refinery Resumes Production

Nov 21, 2014

Achinsk Refinery started shipping high octane gasoline and diesel fuel of the quality no lower than environmental class IV of the Technical Regulations. The Company, therefore, resumed output of commercial motor fuels after the accident that happened on 15 June…

Rosneft Completes Geological Survey

Nov 21, 2014

Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014.In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations…

Maersk to Introduce Low Sulphur Surcharge

Nov 21, 2014

To offset the additional cost incurred by switching to cleaner fuels in Emission Control Areas, as required by the new regulation, Maersk Line will introduce a new Low Sulphur Surcharge (LSS). The surcharge will be effective from 1 January 2015 and affect all cargo with load port…

Rowan's Fleet Status Update

Nov 21, 2014

Rowan Companies plc informed today that its monthly report of drilling rig status and contract details have been updated as of November 20, 2014.  Notable events in the current report include:Rowan Louisiana: As previously indicated…

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