PennEnergy's Daily Petroleum Update 11/26

Today's Headlines

2 injured in Chile oil refinery fire A fire at a refinery owned by Chile's state oil company ENAP has injured two workers. …more>>

As OPEC faces tough test, lower oil prices loom The group is facing the most pronounced decline in oil prices since the financial crisis hit in 2008. …more>>

Shale gas company extends Poland licenses A company official says that oil and gas firm San Leon Energy is extending its licenses to explore for shale gas in northern Poland. …more>>

Chevron: How energy can supercharge the US economy The energy renaissance already has become a catalyst for economic growth, bringing affordable energy, jobs, revenues and an accompanying resurgence of manufacturing. …more>>

EIA: Shale gas provides largest share of U.S. natural gas production in 2013 Total U.S. natural gas gross withdrawals reached a new high at 82 billion cubic feet per day in 2013, with shale gas wells becoming the largest source of total natural gas production. …more>>

Maryland shale gas drilling panel closing in on final report Maryland currently doesn't allow the practice for extracting gas from shale underlying much of Garrett and Allegany counties. …more>>

Saipem’s ERSAI awarded major new contract in the Caspian Region Contract scope includes yard engineering, fabrication and pre-commissioning activities as well as the load-out of 55,000 tons of pipe racks. …more>>

Subsea 7 lands GoM installation for Shell The main offshore installation phase is expected to take place in 2Q and 3Q 2016. …more>>