Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, March 14, 2014

Penn Enerjgy's Top Oil & Gas News 3/14

Top Oil & Gas News
South Korea to spend $1.8 billion to build world's fourth largest oil hub
South Korea plans to construct the world's fourth largest oil hub as it aims to become a major oil trading post with a total capacity of 56.6 million barrels, South Korea's largest news outlet Yonhap News Agency reported. South Korea began expanding its number of oil storage facilities by opening a location in Yeosu in 2013 with the capacity to hold up to 8.2 million barrels of oil.
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PennEnergy Video News Update
From Malta's offshore exploration incentives, to oil sands challenges in Utah and Alberta, to Petrobras' billion-dollar investment plan, all of the week's biggest headlines are in the PennEnergy Video News Update.
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This Week's Most Popular Oil & Gas News
BP using mini crude oil refinery to evade export ban
Malta offers incentives to European offshore exploration companies
Oil sands development facing legal challenges in Utah and Alberta
Petrobras raises $8.5 billion for offshore exploration
The Irony of Fate, Or How I Learned My Brother Doesn’t Love Me
Shale exploration: Magnum Hunter Resources – A refocus in US shale strategy for sustainable growth
Seadrill agrees to sell ultra-deepwater drillship
KrisEnergy expands offshore oil and gas footprint in Bangladesh
GEA delivers heat exchangers for LNG production to Yamal
Hess to appoint Terrence J. Checki to Board of Directors
Gazprom announces gas pipeline milestone in Turkey
Chevron highlights upstream performance at annual security analyst meeting
Statoil awards contracts for Barents seismic
FTTN: Oklahoma oil and gas well on track to meet projections
RIL announces maintenance at Jamnagar crude oil refinery complex
APPEA: Greens ignore facts in call to end shale gas development
Energy Transfer announces open season for Bakken/Three Forks oil pipeline service
CNPC signs agreement to establish gas pipeline company in Tajikistan

Energy Insights
Black Swan: Imagine no possessions - I wonder if you can?
John Lennon's iconic song "Imagine" has been rated #3 on Rolling Stone's list of the "500 Greatest Songs of All Time". It envisages a world where elimination of some of the major things that divide humanity - religion, nationalism, and materialism - are discarded in order to achieve global peace and harmony.
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Climbing the Mid-Career Mountain
Many experienced executives unhappy with their jobs are as afraid of tackling a mid-life career change as they would be planning an ascent of Mt. Everest – both seem distant, difficult, scary and potentially disastrous. Yet in terms of planning and execution, those looking to start a new career have much to learn from mountain climbers.
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