PennEnergy's Daily Petroleum Update 12/18

New York will move to prohibit hydraulic fracturing Gov. Andrew Cuomo's administration will move to prevent fracking in New York, citing unresolved health issues and dubious economic benefits. …more>>
EIA: OPEC net oil export revenues expected to fall in 2014 and 2015 EIA estimates that members of OPEC will earn about $700 billion in revenue from net oil exports in 2014. …more>>
APPEA: Guidelines support existing shale gas regulation APPEA says Western Australia’s Environmental Protection Authority has demonstrated confidence in the state’s ability to safely regulate the emerging shale and tight gas industry. …more>>
FMC Technologies awarded subsea systems contract for Chevron FMC Technologies has received an order from Star Deep Water Petroleum Limited (a Chevron company) to provide subsea equipment for operations in the Agbami field, offshore Nigeria. …more>>
ANGA comments on New York decision to prohibit hydraulic fracturing ANGA’s Paul Hartman calls the decision “ill-advised.” …more>>
Nordic Maritime announces 2D seismic survey contract from MultiClient Geophysical This survey is expected to commence in December 2014 and will take approximately 60 days to complete. …more>>
Technip awarded oil and gas terminal project by ONGC in India The hydrocarbons extracted from VA and S1 deep water offshore fields will be transported to the proposed onshore oil and gas terminal for processing. …more>>
Halcon Resources to build natural gas facility in Texas Halcon Resources Corp. is moving from diesel to natural gas, and has commissioned its first natural gas facility. …more>>