Michele Kearney's Nuclear Wire

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

Friday, October 26, 2012

PennEnergy Top Oil & Gas News 10/26

Top Oil & Gas News
 
PennEnergy Video News Update
 
From the security of the Macondo well
 
, to API's job creation numbers
 
, to the report on the Heimdal platform leak
 
, all of the week's biggest headlines are in the PennEnergy Video News Update.
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Canada rejects Petronas takeover of Progress Energy
 
The Canadian government shocked the energy industry last Friday night with the announcement that it would reject a takeover bid for Progress Energy Resources Corp. by Malaysia's Petroliam Nasional Berhad.
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This Week's Most Popular Oil & Gas News
• BP again confirms Macondo wells secure
 
• U.S. shale energy production could support 3.5 million jobs by 2035
 
• Investigation report on Heimdal offshore platform submitted to PSA Norway
 
• B.C. could see billions from offshore drilling, study finds
 
• Statoil: New Fram field yields 10 million barrels
 
• Campaign launched to push LNG exports
 
• Shell begins construction on massive Prelude FLNG project
 
• New oil and gas field will add two percent to UK daily production
 
• BP signs heads of terms for TNK-BP share sale
 
• Chesapeake announces closing of Permian Basin asset sales
 
• PetroSA signs co-operation agreement with Cohydro Sarl
 
• New exploration well confirms Peregrino South oil discovery
 
• No. 3 storage tank of Dalian LNG terminal becomes operational
 

Energy Insights
All Energy, All the Time: Red and Black
 
In the tweeting that occurred during the third and final Presidential debate, I spotted some references to Russia and the 1980s. It makes a mockery of a nation that, from an energy perspective, is amassing an “army.” The Cold War is indeed over, but the battle for resources remains.
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Governing Energy: Safety, Safety, Safety
 
While seemingly silly and even trite these days, slogans and tag lines continue to work. Catchy sayings and repeated stances stick in our conscious. Even today, some 70 years later who among has not heard the World War II slogan, “loose lips sink ships?”
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