Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, December 3, 2014

PennEnergy's Daily Petroleum Update !2/3

Today's Headlines

Putin says Russia will scrap South Stream gas pipeline

Moscow will increase gas supplies to Turkey across the existing pipeline. …more>>
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Study: more to do as oil trains pose new risks

A state study says the increase in crude oil shipments by rail is creating new risks and will require increased safety measures. …more>>
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Iraqi government reaches major oil deal with Kurds

The Iraqi government reached a deal with the Kurdish local authorities in the country's north to exchange oil from the autonomous region for a nearly 20 percent share of the national budget. …more>>
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Chevron announces first oil from Jack/St. Malo offshore development

Chevron Corporation announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. …more>>
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Saipem: No termination notice for South Stream gas pipeline project

Saipem states that it has not received any formal notice of termination of the contract from the client, South Stream Transport BV. …more>>
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Statoil announces Snorre 2040 project schedule adjustment

There is no change in the timing of the final investment decision and production start-up, which are planned for Q4 2016 and Q4 2021. …more>>
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Monarch Oil Pipeline launches non-binding open season for new crude pipeline

The pipeline will provide 30,000 bpd capacity from production areas in Texas to Reydon Station in Oklahoma. …more>>
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Public hearing set for oil pipeline conversion

The North Dakota Public Service Commission is holding a public hearing in Stanley on a proposed oil pipeline conversion. …more>>
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