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White House plan targets methane emissions The plan, part of President Barack Obama's strategy to reduce greenhouse gas emissions that contribute to global warming, comes amid concerns about increased methane emissions resulting from a boom in drilling for oil and natural gas. Full Article Share: |
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First GDF Suez long term LNG sale to Asia First GDF SUEZ long term Liquefied Natural Gas (LNG) sale to Asia with a 0.8 mtpa contract to CPC of Taiwan from Cameron LNG plant. Full Article Share: |
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Militants claim sabotage on Nigerian oil terminal Militants from the Movement for the Emancipation of the Niger Delta claim scuba divers further sabotaged a pipeline where leaks have forced Shell Nigeria to halt exports from its Forcados terminal. Full Article Share: |
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Statoil cleared to take Vale stake in Espirito Santo offshore Brazil Statoil receives formal approval for acquisition of Vale SA’s 25 percent equity in the BM-ES-22A concession in the Espirito Santo basin offshore Brazil. Full Article Share: |
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Investigation far from over in Houston oil spill Investigators are still trying to pinpoint the cause of last weekend's accident involving a barge owned by Houston-based Kirby Inland Marine Corp., but Texas law considers the company carrying the oil a responsible party, said Greg Pollock, deputy director for the Texas General Land Office's oil spill response division. Full Article Share: |
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Total and CNOOC reinforce LNG partnership Total announces the signing of an LNG Cooperation Agreement between Total and China National Offshore Oil Corporation. Full Article Share: |
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Oil price rises on Nigeria supply woes, US growth The price of oil rose above $102 a barrel Friday amid signs of stronger economic growth in the U.S. and possible disruptions to Nigerian crude exports. Full Article Share: |
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Cunningham spuds second and third horizontal oil wells Cunningham Energy has begun drilling its second and third shallow horizontal oil wells, the Cochran #5H and Cochran #4H wells, of the Rhino Three Well Drilling Program. Full Article Share: |
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