Friday, August 16, 2013

Penn Energy's Top Oli & Gas News 8/16

Top Oil & Gas News
Illinois natural gas pipeline leaks, causes explosion
A natural gas pipeline exploded in northern Illinois late Aug. 12, causing a massive fire in a cornfield and forcing the evacuation of 80 nearby homes. The pipeline was carrying gas byproducts ethane and propane and ruptured in Erie, Ill., around 11 p.m., creating a fire with flames about 300 feet high.
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PennEnergy Video News Update
From Uruguay's oil discovery, to Statoil's hurdles in Tanzania, to API's ethanol concerns, 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
Uruguay makes oil discovery
API calls on EPA to lower 2014 ethanol mandate
Lack of infrastructure delays Statoil gas production in Tanzania
New jackets installed on Claire Ridge offshore oil production platform
10 lessons learned implementing a Stage-Gate in oil & gas
Eni talks oil & gas assets in Mozambique
New methods used for laying gas transmission pipeline Haute de France II
Offshore oil & gas infrastructure coming from Kongsberg for Statoil
Siemens tech heads to gas processing plant in Indonesia
TransCanada reaches gas transmission & shipping settlement

Energy Insights
Energy and Environmental Economics: The Biofuels Renewable Fuel Standard – EPA to the Rescue
The Renewable Fuel Standard has become controversial this year because for the first time it will be difficult to meet the required RFS levels. The oil industry and other lobby groups have argued that the RFS should be scrapped, while the pro-biofuels lobby has argued that it is working and can be made to function as it was intended.
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