PennEnergy's Daily Petroleum Update 12/17

Today's Headlines
Oil pipeline to top US Senate agenda next year Senate Republican Leader Mitch McConnell says approving the Keystone XL pipeline will top the Senate agenda in January. …more>>
Enterprise begins open season for gas pipeline expansion The Panola expansion project would be designed to accommodate approximately 50,000 barrels per day of incremental capacity. …more>>
GE to acquire to enhance subsea production with Oceaneering product line acquisition GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering. …more>>
Statoil announces development plan for Gullfaks Rimfaks offshore development The development will extend the lifetime of the Gullfaks A platform. …more>>
Small leak reported from natural gas pipeline in Michigan Officials say a small volume of liquid natural gas escaped into the atmosphere this month from a "pinhole" opening in a pipeline in the Upper Peninsula. …more>>
Woodside purchases Apache interests in key oil and gas projects Woodside has entered into a binding transaction to acquire Apache’s Australian Wheatstone LNG and Balnaves oil interests and Kitimat LNG project interests. …more>>
Spain's Repsol buys Canada's Talisman for $8.3 billion Repsol S.A. said Talisman's incorporation will increase Repsol's output by 76 percent to 680,000 barrels of oil equivalent per day. …more>>
TAG Oil updates progress on Cheal oil and gas exploration wells TAG believes these new wells continue to demonstrate the prospectivity and the potential for further success in the Cheal acreage. …more>>