Royal Dutch Shell PLC’s Sept. 28 decision to halt exploration of its Chukchi Sea lease for the foreseeable future did more than cause environmental activists to celebrate. It made Nome Mayor Denise L. Michaels start to worry more than ever. Source: News
Federal judge issues injunction of BLM’s fracturing rule
A federal court judge in Wyoming issued a preliminary injunction that will keep the US Bureau of Land Management from enforcing its hydraulic fracturing rule until legal challenges against it are resolved. Source: News
US appeals court delays Waters of the US rule’s implementation
A federal appeals court delayed implementation of the controversial Waters of the United States (WOTUS) rule until it could fully consider its jurisdiction in states’ legal challenges to the regulation. Source: News
A market test
In a political season peppered with tests of ideological orthodoxy, positions on the proposed end of a US ban on crude oil exports should be instructive. Source: News
Indian Oil commissions unit at Paradip refinery
Indian Oil Corp. Ltd. (IOC) has commissioned another unit at its long-delayed 15 million-tonne/year, full-conversion refinery at Paradip, on India’s northeastern coast. Source: News
The subsurface remains
As the 85th Annual Meeting of the Society of Exploration Geophysicists gets under way this week in New Orleans, it is likely several keynote speakers at the event will address spending cuts related to the oil price’s downward spiral over the last year. Source: News
Egyptian ethylene complex nears startup
Egyptian Ethylene & Derivatives Co. (Ethydco) is nearing completion of its long-planned 460,000-tonne/year ethylene plant and derivatives complex in Alexandria, according to Egypt’s Ministry of Petroleum and Mineral Resources (MPMR). Source: News
MARKET WATCH: NYMEX crude oil prices ended week on positive note
Light, sweet crude oil prices for November delivery ended the week on a positive note on the New York market to close moderately higher Oct. 16 following the weekly rig count report. Source: News
Shell restarts Singapore ethylene cracker
Royal Dutch Shell PLC has restarted the ethylene cracker complex (ECC) at its Pulau Bukom manufacturing site on Bukom Island, Singapore, following a mid-October operational disruption at the recently expanded unit. Source: News
Palestinian-Israeli clashes give Jordan new energy trouble
Renewed violence in Gaza and Israel jeopardizes an already troubled energy deal otherwise promising to give the turbulent Middle East hope for peaceful cooperation. Source: News