Total SA has started production from Laggan and Tormore gas-condensate fields in the West of Shetland area. The fields will produce 90,000 boe/d. Source: News
MARKET WATCH: NYMEX, Brent both end week with losses
Light, sweet crude oil prices dropped modestly, settling under $31/bbl on the New York market Feb. 5 to end another volatile week for oil prices. Analysts attributed the volatility to a stronger dollar and world oil oversupply concerns. Source: News
Watching Government: No time for complacency
The public may have grown complacent about oil and gas issues after 2015’s crude and product price plunge. Trade associations in Washington plan to be anything but in 2016. Source: News
Balance in Alberta
Creative pragmatism challenges environmental dogma in Alberta. With two important decisions important to oil sands development, a government less than a year in office has eased fear it will yield to pressure from climate extremists. Source: News
SOCO starts drilling wildcat offshore Congo (Brazzaville)
SOCO International PLC has commenced drilling of its Baobab Marine-1 (BABM-1) wildcat on the Mer Profonde Sud Block in the Lower Congo basin offshore Congo (Brazzaville). The well is targeting early Miocene channel complexes on the RR Prospect, which are mappable in the seismic data and delineated by stratal discontinuities and variations in seismic amplitudes, […]
OGJ’s top tweets of 2015
In what has become an annual tradition for this editor, this column will highlight the top 10 news stories, based on the number of impressions, posted to Oil & Gas Journal’s Twitter feed for calendar year 2015. Source: News
PBF Energy advances maintenance at Delaware refinery
PBF Energy Inc., Parsippany, NJ, has brought forward planned maintenance work at its 190,000-b/sd Delaware City, Del., refinery after severe winter storm in late January halted processing operations at the plant. Source: News
Energy minister voices concerns about Trinidad and Tobago’s LNG industry
The Trinidad and Tobago government is threatening to market its share of its natural gas and not leave it up to the partners of Atlantic LNG (ALNG). Source: News
Utah sues over greater sage grouse federal management plan
Utah’s state government sued the US Departments of the Interior and Agriculture for adopting a new greater sage grouse management plan on Sept. 18, 2015, which allegedly overthrew the state’s own 2013 conservation plan for the bird. Source: News
LyondellBasell finalizes sale of Argentinian petchem assets
LyondellBasell, Houston, has completed the sale of its wholly owned subsidiary Petroken Petroquimica Ensenada SA (Petroken), which operates a 180,000-tonne/year polypropylene plant in the port city of Ensenada, 50 km southeast of Buenos Aires. Source: News