PennEnergy's Top Oil & Gas News 01/03

Top Oil & Gas News
	October U.S. oil demand reaches five-year high The U.S. Energy Information Administration said U.S. oil demand hit a five-year high with 19.273 million barrels per day in October. Full Article Share:
	PennEnergy Video News Update From Lukoil's refinery share purchase, to Shell's interest offshore Brazil, to Fluor's continued work in Kuwait, all of the week's biggest headlines are in the PennEnergy Video News Update. Full Article Share:

This Week's Most Popular Oil & Gas News
• Oil and gas auction announced for locations across Egypt
• Lukoil takes control of ISAB oil refinery
• Fluor to provide consulting for Kuwait Oil Company projects
• Shell increases interest in Brazil offshore oil field
• Petrobras concludes sale of stake in offshore oil field
• Stone Energy provides gas drilling update
• KBR awarded contract for Shah Deniz offshore gas project
• Strata-X commences oil drilling on Maverick Project
• FTTN to bring South Lake Charles gas well online
• RWE Dea expands South American upstream presence
• Spatial Energy makes new appointments
• New offshore oil acquisition for Sea Dragon Energy

Energy Insights

Governing Energy: Into the Breach Cyber security and operational performance are critical in today’s online society and the energy (digital oilfield) and other critical industries are no exceptions. However, as previously discussed in this blog Normal Incident Failure (NIF) theory predicts eventual failures in complex systems. However, High Reliability Management (HRM) suggests that NIF are not pre-ordained. Full Article Share:

Smart Griddler: Demand Response is Taking Off Like a Rocket and the Winner is: Everybody! We sit down with Alstom Grid’s Demand Response Management System (DRMS) Activity Director Mark Triplett to discuss the new applications, technologies and trends that are turning Demand Response (DR) into a global juggernaut. Full Article Share: