Energy

Indonesia

Oil & Gas Journal - Tue, 31/08/2010 - 19:40
August 31,2010 --

Mitra Energy (Indonesia Sibaru) Ltd. plugged and abandoned the Mojo-1 exploratory well on the 3,180-sq km Sibaru block between East Java and East Kalimantan, Indonesia.

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Categories: Energy

Louisiana

Oil & Gas Journal - Tue, 31/08/2010 - 19:30
August 31,2010 --

Phoenix Exploration LP, Houston, is drilling a projected 18,800-ft exploratory well on the Marathon prospect in Atchafalaya Bay in South Louisiana.

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Categories: Energy

GAO: Protests don't affect federal onshore lease prices

Oil & Gas Journal - Tue, 31/08/2010 - 19:06
August 31,2010 --

Despite concerns expressed by the oil and gas industry, protests and leasing delays have not significantly affected prices bid for federal onshore leases, the US Government Accountability Office said on Aug. 30.

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Categories: Energy

California

Oil & Gas Journal - Tue, 31/08/2010 - 19:00
August 31,2010 --

Neon Energy Ltd., Perth, has completed and turned to production at an average 230 b/d of oil its Lombardi 15-27H horizontal development well near the crest of the southern lobe of North San Ardo field in California’s Salinas basin.

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Categories: Energy

Joint venture to fund Bangladeshi refinery expansion

Oil & Gas Journal - Tue, 31/08/2010 - 19:00
August 31,2010 --

A Saudi investment group has joined a Bangladeshi industrial conglomerate to invest nearly $1 billion in an expansion of Bangladesh’s only refinery.

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Categories: Energy

PNG LNG project venture signs design contract

Oil & Gas Journal - Tue, 31/08/2010 - 18:55
August 31,2010 --

The 50-50 engineering joint venture of Clough Australia, Perth, and BAM International, the Netherlands, has been awarded a letter of intent to proceed with the design and construction of the LNG and condensate offloading jetty proposed for Exxo.......

Categories: Energy

EDF puts up electricity prices for 1 million customers

Telegraph energy - Tue, 31/08/2010 - 18:44
Electricity prices will go up for the first time in two years, after EDF said more than 1 million customers would see their bills increase.
Categories: Energy

MARKET WATCH: Crude oil falls below $75/bbl; ends 3-day rally

Oil & Gas Journal - Tue, 31/08/2010 - 18:40
August 31,2010 --

Pulled down by a tumbling equities market despite a report that consumer spending hit a 4-month high, the front-month crude oil contract fell 1.3% to below $73/bbl, ending a 3-day rally Aug. 30 in the New York market.

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Categories: Energy

Trinidad and Tobago offers 11 blocks in latest bid round

Oil & Gas Journal - Tue, 31/08/2010 - 17:55
August 31,2010 --

Trinidad and Tobago announced the offering of 11 deepwater blocks for bid in its 2010 licensing round.

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Categories: Energy

BP advances Andrew area development off UK

Oil & Gas Journal - Tue, 31/08/2010 - 17:25
August 31,2010 --

BP PLC is proceeding with its Andrew Area Development project in the central UK North Sea.

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Categories: Energy

Indonesia seeks $2.4bn oil spill compensation

FT.co oil and gas feed - Tue, 31/08/2010 - 17:14
Indonesia is seeking $2.4bn in damages from a Thai drilling company alleging it is responsible for a leak in the Timor Sea that has severely hit the livelihoods of fishing communities along its south-east coast
Categories: Energy

Egypt

Oil & Gas Journal - Tue, 31/08/2010 - 17:05
August 31,2010 --

Production from Kom Ombo Block 2 in southern Egypt is 700 b/d of 37° gravity sweet crude.

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Categories: Energy

Iroquois launches opens season for bidirectional flow

Oil & Gas Journal - Tue, 31/08/2010 - 16:40
August 31,2010 --

Iroquois Gas Transmission System LP began a binding open season Aug. 30 for its Wright Transfer Compressor (WTC) project, which would add as much as 15,400 hp of transfer compression at Iroquois' existing interconnection with Tennessee Gas Pipe.......

Categories: Energy

Louisiana

Oil & Gas Journal - Tue, 31/08/2010 - 15:45
August 31,2010 --

EXCO Operating Co. LP’s Thomas 36-1 well in North Louisiana’s Johnson Branch field had a post-completion clean-up rate of 15 MMcfd of gas with 7,000 psi flowing casing pressure from the Haynesville shale, said 37% working interest o.......

Categories: Energy

Iraq

Oil & Gas Journal - Tue, 31/08/2010 - 15:10
August 31,2010 --

Eni let a multimillion dollar contract to Halliburton to provide integrated energy services toward redeveloping giant Zubair oil field near Basra in southern Iraq.

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Categories: Energy

Colombia

Oil & Gas Journal - Tue, 31/08/2010 - 14:55
August 31,2010 --

SK Energy Co. Ltd., Seoul, plans to shoot 3D seismic over La Mocha Consuelo, highest-potential prospect on the 570,000-acre SSJN-5 block in Colombia’s Lower Magdalena basin based on encouraging results from reprocessed 2D seismic.

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Categories: Energy

Louisiana

Oil & Gas Journal - Tue, 31/08/2010 - 14:40
August 31,2010 --

Nelson Energy Inc., Shreveport, is drilling a horizontal Austin chalk exploratory well east of North Bayou Jack oil and gas field in eastern Avoyelles Parish, La.

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Categories: Energy

UK

Oil & Gas Journal - Tue, 31/08/2010 - 14:16
August 31,2010 --

BG Group PLC will farm out a 35% interest in the P1722 license in the UK Central North Sea to KazMunaiGas Exploration Production, Astana, Kazakhstan.

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Categories: Energy

Power industry to re-energise skills

Telegraph energy - Tue, 31/08/2010 - 09:44
Power companies desperate to attract more young people into the sector are backing a new, industry-wide qualification to improve career progression.
Categories: Energy

'Green tax will leave public sector worse off'

Telegraph energy - Mon, 30/08/2010 - 20:45
Public sector organisations could be forced to pay taxpayer money to private business in heavy penalties under controversial new "green tax" legislation.
Categories: Energy