www.upstreamonline.com http://www.upstreamonline.com/ www.upstreamonline.com Sinopec manager under investigation http://www.upstreamonline.com/live/1398161/sinopec-manager-under-investigation China’s probe into alleged corruption involving senior executives at state firms has widened with a Sinopec official thrown into the spotlight. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1398161/sinopec-manager-under-investigation Mon, 27 Apr 2015 13:25:02 +0000 live Chesapeake settles Michigan leasing case http://www.upstreamonline.com/live/1398044/chesapeake-settles-michigan-leasing-case Chesapeake Energy will pay $25 million after pleading no contest to two misdemeanor charges that it misled mineral owners but laid blame for the practices with the company's "past management." Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1398044/chesapeake-settles-michigan-leasing-case Fri, 24 Apr 2015 20:27:06 +0000 live Metgasco wins NSW court action http://www.upstreamonline.com/live/1397956/metgasco-wins-nsw-court-action The New South Wales Supreme Court has ruled the state government's decision to halt Sydney-based Metgasco's drilling campaign in the Australian state last year was unlawful. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1397956/metgasco-wins-nsw-court-action Fri, 24 Apr 2015 07:00:10 +0000 live Oklahoma advances bill to prohibit drilling bans http://www.upstreamonline.com/incoming/1397937/oklahoma-advances-bill-to-prohibit-drilling-bans A bill that would keep Oklahoma municipalities from restricting drilling activity, even if their leaders and citizens vote to do so, could soon become the law of the land. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/incoming/1397937/oklahoma-advances-bill-to-prohibit-drilling-bans Thu, 23 Apr 2015 23:33:51 +0000 ece_incoming Gazprom, YPF ink pact http://www.upstreamonline.com/live/1397907/gazprom-ypf-ink-pact Russian gas giant Gazprom and Argentine state player YPF have signed an agreement that sets out plans to jointly explore for, produce and transport hydrocarbons in the shale gas-rich South American nation and elsewhere. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397907/gazprom-ypf-ink-pact Thu, 23 Apr 2015 14:57:46 +0000 live Domino find ‘to trigger Black Sea exports’ http://www.upstreamonline.com/incoming/1397897/domino-find-to-trigger-black-sea-exports The Black Sea deep-water developments and the significant Domino discovery in Romanian waters look set to “dramatically influence” the gas supply dynamics of Eastern European countries, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397897/domino-find-to-trigger-black-sea-exports Thu, 23 Apr 2015 11:49:11 +0000 ece_incoming China 'needs to promote gas usage' http://www.upstreamonline.com/live/1397716/china-needs-to-promote-gas-usage China’s government should aggressively promote gas usage to make it commercially competitive against coal, or else the country could face a gas supply surplus by 2020, a Chinese industry official said. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397716/china-needs-to-promote-gas-usage Wed, 22 Apr 2015 15:38:22 +0000 live EU charges Gazprom http://www.upstreamonline.com/incoming/1397686/eu-charges-gazprom European Union (EU)antitrust regulators have charged Gazprom with abuse of power, after more than two years of investigation. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397686/eu-charges-gazprom Wed, 22 Apr 2015 11:03:02 +0000 ece_incoming Dudley: BP honoured Macondo commitments http://www.upstreamonline.com/live/1397651/dudley-bp-honoured-macondo-commitments BP chief executive Bob Dudley defended the UK supermajor’s response to the Macondo disaster in the US Gulf of Mexico and said the company had honoured its commitments to help rehabilitate the Gulf and become a safer company. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1397651/dudley-bp-honoured-macondo-commitments Tue, 21 Apr 2015 20:33:32 +0000 live Pouyanne: US should lift export ban http://www.upstreamonline.com/live/1397639/pouyanne-us-should-lift-export-ban The repeal of the US crude export ban is inevitable, but will not happen until after the 2016 election, according to Total chief executive Patrick Pouyanne. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397639/pouyanne-us-should-lift-export-ban Tue, 21 Apr 2015 16:50:13 +0000 live Oando chief calls for NNPC funding overhaul http://www.upstreamonline.com/live/1397631/oando-chief-calls-for-nnpc-funding-overhaul The Nigerian government’s inability to fund its drilling commitments is hindering production growth there and the Nigerian National Oil Corporation (NNPC) needs to consider new ways to fund drilling, including eventually selling down some of its assets, said the head of the country’s largest indigenous driller. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1397631/oando-chief-calls-for-nnpc-funding-overhaul Tue, 21 Apr 2015 16:01:26 +0000 live Groningen 2015 production ‘limited’ http://www.upstreamonline.com/incoming/1397624/groningen-2015-production-limited Production at the Groningen gas field in the Netherlands will not exceed 36.4 billion cubic meters in 2015, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397624/groningen-2015-production-limited Tue, 21 Apr 2015 15:40:07 +0000 ece_incoming India readies marginal field auction http://www.upstreamonline.com/live/1397583/india-readies-marginal-field-auction The Indian cabinet is likely to soon approve the auction of 69 marginal oil and gas fields owned by state-owned players Oil & Natural Gas Corporation ONGC and Oil India (OIL). Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397583/india-readies-marginal-field-auction Tue, 21 Apr 2015 08:22:16 +0000 live US regulators consider onshore royalty tweaks http://www.upstreamonline.com/live/1397570/us-regulators-consider-onshore-royalty-tweaks US regulators are considering additional changes to update their regime for oil and gas production on public lands, including more flexibility in royalty assessments and the possibility of industry fees to help support government functions like permitting and inspections. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/1397570/us-regulators-consider-onshore-royalty-tweaks Tue, 21 Apr 2015 05:45:49 +0000 live Murkowski pledges bid to end oil ban http://www.upstreamonline.com/live/1397558/murkowski-pledges-bid-to-end-oil-ban It might be too early to tell if or when the US ban on oil exports will be lifted, but legislation to repeal the ban could appear on Capitol Hill later this year. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1397558/murkowski-pledges-bid-to-end-oil-ban Mon, 20 Apr 2015 21:38:23 +0000 live UK to revoke Dea UK North Sea licences http://www.upstreamonline.com/incoming/1397535/uk-to-revoke-dea-uk-north-sea-licences The UK is to revoke Dea UK’s North Sea petroleum licences unless partner LetterOne “arranges for a further change of control of the field, the Department of Energy & Climate Change (DECC) said. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397535/uk-to-revoke-dea-uk-north-sea-licences Mon, 20 Apr 2015 15:59:14 +0000 ece_incoming Bulgaria offers Black Sea blocks http://www.upstreamonline.com/incoming/1397534/bulgaria-offers-black-sea-blocks Bulgaria has opened two tenders for deep-water oil and gas exploration off the county’s Black Sea coast. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397534/bulgaria-offers-black-sea-blocks Mon, 20 Apr 2015 15:48:38 +0000 ece_incoming Cameron ‘enters Gabon oil row’ http://www.upstreamonline.com/incoming/1397519/cameron-enters-gabon-oil-row UK Prime Minister David Cameron has written to Gabon’s government in an effort to push for an agreement between the country and Shell and Tullow Oil, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397519/cameron-enters-gabon-oil-row Mon, 20 Apr 2015 12:21:59 +0000 ece_incoming Oil majors in gas flaring pact http://www.upstreamonline.com/incoming/1397424/oil-majors-in-gas-flaring-pact A plethora of oil companies, including Shell and Total, and government officials have committed to ending gas flaring at oilfields within the next 15 years.  (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397424/oil-majors-in-gas-flaring-pact Fri, 17 Apr 2015 15:58:05 +0000 ece_incoming Falklands players mum on Argentina suit http://www.upstreamonline.com/incoming/1397409/falklands-players-mum-on-argentina-suit A clutch of oil companies involved in exploration drilling off the Falkland Islands are remaining mum on Friday after Argentina started legal proceedings against them over their operations there. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397409/falklands-players-mum-on-argentina-suit Fri, 17 Apr 2015 14:32:30 +0000 ece_incoming China discoveries riding high http://www.upstreamonline.com/incoming/1397370/china-discoveries-riding-high China discovered nearly 1.06 billion tonnes, about 7.79 billion barrels, of new crude oil deposits in 2014, up from 1.1 billion tonnes the previous year, a report said. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397370/china-discoveries-riding-high Fri, 17 Apr 2015 09:16:35 +0000 ece_incoming Vaccari quits as Brazil party treasurer http://www.upstreamonline.com/live/1397245/vaccari-quits-as-brazil-party-treasurer Joao Vaccari, treasurer of Brazil’s ruling Workers’ Party and a close aide of President Dilma Rousseff, has resigned following his arrest on Wednesday as part of a probe into corruption at state-controlled Petrobras. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397245/vaccari-quits-as-brazil-party-treasurer Thu, 16 Apr 2015 08:52:50 +0000 live Americans 'favour environment over energy' http://www.upstreamonline.com/live/1397110/americans-favour-environment-over-energy More Americans value protection of the environment over developing energy supplies with less than four in 10 giving priority to maximising hydrocarbon production, according to a new Gallup poll. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1397110/americans-favour-environment-over-energy Wed, 15 Apr 2015 18:08:36 +0000 live Vaccari held in Petrobras probe http://www.upstreamonline.com/live/1397095/vaccari-held-in-petrobras-probe Brazilian police arrested the treasurer of the ruling Workers' Party Joao Vaccari on Wednesday as a judicial crusade against kickbacks at state-controlled Petrobras moved closer to the funding arrangements that helped President Dilma Rousseff win a second term last October. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397095/vaccari-held-in-petrobras-probe Wed, 15 Apr 2015 15:31:25 +0000 live Court ‘orders Groningen gas halt’ http://www.upstreamonline.com/incoming/1397015/court-orders-groningen-gas-halt A Dutch judge has reportedly ordered a production halt at the Groningen gas field in the Netherlands, amid local protests over earthquakes allegedly linked to extraction work. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1397015/court-orders-groningen-gas-halt Tue, 14 Apr 2015 15:21:43 +0000 ece_incoming Indian trio ‘to spend $6bn more on Rovuma’ http://www.upstreamonline.com/incoming/1396934/indian-trio-to-spend-usd-6bn-more-on-rovuma Indian state-owned players ONGC Videsh, Oil India and Bharat Petroleum plan to invest $6 billion by 2019 in developing the giant Rovuma Area-1 gas field off Mozambique, according to reports. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1396934/indian-trio-to-spend-usd-6bn-more-on-rovuma Mon, 13 Apr 2015 15:58:37 +0000 ece_incoming Ex-CNPC boss Jiang 'admits crimes' http://www.upstreamonline.com/live/1396901/ex-cnpc-boss-jiang-admits-crimes Jiang Jiemin, the former president of China National Petroleum Corporation (CNPC), has admitted to corruption and asked for leniency in sentencing from a Chinese court, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1396901/ex-cnpc-boss-jiang-admits-crimes Mon, 13 Apr 2015 08:47:00 +0000 live ‘More arrests’ in Petrobras scandal http://www.upstreamonline.com/incoming/1396790/more-arrests-in-petrobras-scandal Federal police in Brazil have issued seven arrest warrants against politicians involved in the corruption scandal at the state-run oil company Petrobras, according to reports. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1396790/more-arrests-in-petrobras-scandal Fri, 10 Apr 2015 12:14:41 +0000 ece_incoming UK raps Argentina on Falklands talk http://www.upstreamonline.com/incoming/1396721/uk-raps-argentina-on-falklands-talk The Argentine ambassador to the UK, Alicia Castro, has been summoned to the Foreign Office after launching criticism of Britain's exploration plans off the Falkland Islands. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1396721/uk-raps-argentina-on-falklands-talk Thu, 09 Apr 2015 14:14:46 +0000 ece_incoming Yemen turmoil sinks Calvalley http://www.upstreamonline.com/live/1396710/yemen-turmoil-sinks-calvalley Turmoil in Yemen has forced Canadian junior Calvalley Petroleum to liquidate the company following impairments to assets and a failed attempt to find a suitable buyer. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1396710/yemen-turmoil-sinks-calvalley Thu, 09 Apr 2015 13:31:13 +0000 live Zanganeh: ‘Opec can handle Iran’s return’ http://www.upstreamonline.com/incoming/1396705/zanganeh-opec-can-handle-irans-return The strategy implemented by Opec of not cutting output has “not worked well”, Iran's Oil Minister Bijan Zanganeh reportedly said, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1396705/zanganeh-opec-can-handle-irans-return Thu, 09 Apr 2015 12:11:57 +0000 ece_incoming Maryland Senate votes for fracking ban http://www.upstreamonline.com/live/1396454/maryland-senate-votes-for-fracking-ban Lawmakers in Maryland have moved a step closer to banning hydraulic fracturing in the US state until at least October 2017 after the Senate passed a bill that would impose a two-year moratorium on the well-completion technique. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1396454/maryland-senate-votes-for-fracking-ban Tue, 07 Apr 2015 18:32:43 +0000 live Poll result 'lights Niger Delta fires' http://www.upstreamonline.com/live/1396401/poll-result-lights-niger-delta-fires Nine people have been killed and a gas pipeline blown up as violence has again flared in Nigeria’s key oil producing region of the Niger Delta in the wake of last week’s presidential election defeat of Goodluck Jonathan, according to a report. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1396401/poll-result-lights-niger-delta-fires Tue, 07 Apr 2015 08:35:40 +0000 live Greenpeace activists board Shell rig http://www.upstreamonline.com/live/1396386/greenpeace-activists-board-shell-rig Six Greenpeace activists have scaled a drilling rig on its way to work for Shell in a proposed Arctic drilling campaign off Alaska. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1396386/greenpeace-activists-board-shell-rig Mon, 06 Apr 2015 20:30:13 +0000 live Obama finalises ANWR plan http://www.upstreamonline.com/live/1396385/obama-finalises-anwr-plan The administration of US President Barack Obama has finalised its proposal to expand the wilderness designation of an area in the Arctic National Wildlife Refuge of Alaska (ANWR), raising the ire of Republicans in Congress. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1396385/obama-finalises-anwr-plan Mon, 06 Apr 2015 17:47:56 +0000 live 'Framework' established in Iran talks http://www.upstreamonline.com/live/1396306/framework-established-in-iran-talks Iran and world powers reached a framework on curbing Iran's nuclear programme at marathon talks in Switzerland on Thursday that will allow further negotiations towards a final agreement. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1396306/framework-established-in-iran-talks Thu, 02 Apr 2015 18:11:39 +0000 live ‘Complex details’ delaying Iran deal http://www.upstreamonline.com/live/1396263/complex-details-delaying-iran-deal Iran and the US are due to hold further bilateral meetings in an effort to reach an interim agreement on Iran’s nuclear programme by the end of the week. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1396263/complex-details-delaying-iran-deal Thu, 02 Apr 2015 12:06:09 +0000 live Ex-CNOOC exec ‘probed’ http://www.upstreamonline.com/live/1396259/ex-cnooc-exec-probed A former executive at China National Offshore Oil Corporation (CNOOC) is under investigation as the country widens its probe into corruption at top companies, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1396259/ex-cnooc-exec-probed Thu, 02 Apr 2015 11:12:59 +0000 live ExxonMobil ‘files Russian tax claim’ http://www.upstreamonline.com/live/1396242/exxonmobil-files-russian-tax-claim ExxonMobil has filed a claim against Russia at a Swedish court as it looks to recoup taxes it says it has overpaid, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1396242/exxonmobil-files-russian-tax-claim Thu, 02 Apr 2015 07:14:19 +0000 live More contractors probed in Petrobras scandal http://www.upstreamonline.com/incoming/1396081/more-contractors-probed-in-petrobras-scandal Brazil's office of the comptroller general (CGU) has opened administrative cases against five more construction companies allegedly involved in the Petrobras corruption scandal, bringing the number of companies under investigation to 29. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1396081/more-contractors-probed-in-petrobras-scandal Wed, 01 Apr 2015 14:58:17 +0000 ece_incoming Rosneft in Yukos settlement http://www.upstreamonline.com/live/1396064/rosneft-in-yukos-settlement Two Dutch foundations representing Yukos have confirmed a settlement agreement between the now defunct Russian oil player and Rosneft. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1396064/rosneft-in-yukos-settlement Wed, 01 Apr 2015 12:57:21 +0000 live Operators make OGA deadline http://www.upstreamonline.com/live/europe/1396058/operators-makeoga-deadline UK North Sea operators have set out in plans delivered to the country's new regulator how they intend to improve their operations and boost production. (Anamaria Deduleasa) http://www.upstreamonline.com/live/europe/1396058/operators-makeoga-deadline Wed, 01 Apr 2015 11:32:23 +0000 live live_europe DNO halts Yemen output http://www.upstreamonline.com/incoming/1395921/dno-halts-yemen-output DNO has suspended production in Yemen due to the continuing deterioration of security conditions in the country, the Oslo-listed operator said on Tuesday. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1395921/dno-halts-yemen-output Tue, 31 Mar 2015 08:07:01 +0000 ece_incoming Buhari wins Nigeria election http://www.upstreamonline.com/live/1395919/buhari-wins-nigeria-election Opposition leader Muhammadu Buhari has won the presidential election in Africa's largest oil producer after incumbent Goodluck Jonathan conceded. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395919/buhari-wins-nigeria-election Tue, 31 Mar 2015 08:00:07 +0000 live Iran deal deadline nears http://www.upstreamonline.com/live/1395874/iran-deal-deadline-nears A deadline is fast approaching for negotiators to hammer out a framework agreement over Iran’s nuclear programme and sanctions imposed on the major Middle Eastern oil producer. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395874/iran-deal-deadline-nears Mon, 30 Mar 2015 15:35:49 +0000 live Total evacuates staff at Yemen sites http://www.upstreamonline.com/incoming/1395856/total-evacuates-staff-at-yemen-sites French supermajor Total has evacuated “all expatriate staff” from Saana and Kharir in Yemen, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1395856/total-evacuates-staff-at-yemen-sites Mon, 30 Mar 2015 13:11:55 +0000 ece_incoming Nigeria awaits election outcome http://www.upstreamonline.com/live/1395805/nigeria-awaits-election-outcome Vote counting is under way in Nigeria following this weekend’s presidential election that spilled over into a second day due to technical problems and security concerns. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395805/nigeria-awaits-election-outcome Mon, 30 Mar 2015 07:21:31 +0000 live Baird wins NSW election http://www.upstreamonline.com/live/1395781/baird-wins-nsw-election The Liberal-National Coalition has been returned to power over the weekend following elections in the Australian state. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1395781/baird-wins-nsw-election Mon, 30 Mar 2015 01:46:24 +0000 live Galvao Engenharia in bankruptcy filing http://www.upstreamonline.com/live/1395738/galvao-engenharia-in-bankruptcy-filing Brazilian engineering firm Galvao Engenharia has filed for bankruptcy protection, becoming the latest construction company to face collapse after being accused of paying bribes to secure contracts with state oil giant Petrobras. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395738/galvao-engenharia-in-bankruptcy-filing Fri, 27 Mar 2015 15:16:25 +0000 live Nigeria braced for key poll http://www.upstreamonline.com/live/1395724/nigeria-braced-for-key-poll Nigerians are preparing to head to the polls on Saturday as Africa’s largest oil producer gears up for one of its most closely-fought elections. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395724/nigeria-braced-for-key-poll Fri, 27 Mar 2015 12:33:22 +0000 live Saudis ‘to boost oilfield security’ http://www.upstreamonline.com/live/1395639/saudis-to-boost-oilfield-security Saudi Arabia is to step up security around its oilfields and installations as the country leads a campaign of air strikes against rebel forces in Yemen. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395639/saudis-to-boost-oilfield-security Thu, 26 Mar 2015 16:19:54 +0000 live Norog names new leader http://www.upstreamonline.com/live/1395588/norog-names-new-leader A former politician with Norway’s Labour Party has been appointed to take over the reins of the country’s oil and gas industry lobby group. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1395588/norog-names-new-leader Thu, 26 Mar 2015 13:15:55 +0000 live Two oil workers freed in Libya http://www.upstreamonline.com/live/1395303/two-oil-workers-freed-in-libya Bangladeshis taken along with seven others from oilfield in early March release, report says Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395303/two-oil-workers-freed-in-libya Wed, 25 Mar 2015 15:42:19 +0000 live Petrobras approves governance project http://www.upstreamonline.com/live/1395283/petrobras-approves-governance-project Petrobras has approved a project to revise its corporate governance and management rules as the Brazilian state oil giant looks to unravel large-scale alleged historical corruption. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1395283/petrobras-approves-governance-project Wed, 25 Mar 2015 13:28:28 +0000 live Pioneer sees demise of export ban http://www.upstreamonline.com/live/1395233/pioneer-sees-demise-of-export-ban The head of one of the first companies to export ultra-light oil from the US believes the country's ban on crude oil exports has a 50-50 chance of being repealed this year and a 100% chance of being repealed by 2017. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/1395233/pioneer-sees-demise-of-export-ban Tue, 24 Mar 2015 17:01:04 +0000 live PetroChina ex-energy executive Wang charged http://www.upstreamonline.com/incoming/1395119/petrochina-ex-energy-executive-wang-charged China has charged another former senior energy executive with bribery and abuse of power, as the country continues its fight against corruption. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1395119/petrochina-ex-energy-executive-wang-charged Mon, 23 Mar 2015 12:27:43 +0000 ece_incoming Singapore's first prime minister dies http://www.upstreamonline.com/live/1395070/singapores-first-prime-minister-dies Singapore's first prime minister Lee Kuan Yew has died in hospital aged 91 following a battle with severe pneumonia. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1395070/singapores-first-prime-minister-dies Mon, 23 Mar 2015 04:25:39 +0000 live US unveils new fracking rules http://www.upstreamonline.com/live/1395001/us-unveils-new-fracking-rules The US Interior Department has unveiled its long-awaited rules for hydraulic fracturing operations on public and tribal lands, sparking complaints from industry that the new regulations will stymie growth. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1395001/us-unveils-new-fracking-rules Fri, 20 Mar 2015 17:48:35 +0000 live Mexican energy reform ‘to draw investors’ http://www.upstreamonline.com/incoming/1394962/mexican-energy-reform-to-draw-investors Mexican oil production will begin to grow again as the country’s energy sector reform will draw in foreign investors amid an impending multi-block acreage offer, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394962/mexican-energy-reform-to-draw-investors Fri, 20 Mar 2015 13:15:01 +0000 ece_incoming UK unveils North Sea support package http://www.upstreamonline.com/live/1394959/uk-unveils-north-sea-support-package The UK government has swiftly followed up wide-ranging concessions promised to the industry in Wednesday’s Budget by outlining its package of support for players operating in the North Sea. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394959/uk-unveils-north-sea-support-package Fri, 20 Mar 2015 12:26:46 +0000 live Lance backs lifting US crude export ban http://www.upstreamonline.com/live/1394907/lance-backs-lifting-us-crude-export-ban Lifting of the ban on US crude oil exports would help domestic consumers, protect and create local jobs and grow the country’s economy, according to testimony in front of a US Senate Committee from ConocoPhillips chief executive Ryan Lance. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394907/lance-backs-lifting-us-crude-export-ban Thu, 19 Mar 2015 17:18:12 +0000 live Libya’s NOC ‘operating independently’ http://www.upstreamonline.com/live/1394901/libyas-noc-operating-independently Libya’s National Oil Company (NOC) is operating “in complete independence” from both sets of rival governments that are claiming jurisdiction in the major North African producer, it has claimed. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394901/libyas-noc-operating-independently Thu, 19 Mar 2015 15:48:04 +0000 live UK ‘still concerned’ over Fridman North Sea deal http://www.upstreamonline.com/incoming/1394666/uk-still-concerned-over-fridman-north-sea-deal The UK government has made it clear that it has the power to require Russian billionaire Mikhail Fridman to sell North Sea gas fields assets, a report said. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394666/uk-still-concerned-over-fridman-north-sea-deal Wed, 18 Mar 2015 15:02:01 +0000 ece_incoming Osborne goes big on North Sea tax cuts http://www.upstreamonline.com/live/1394641/osborne-goes-big-on-north-sea-tax-cuts UK Chancellor George Osborne has gone further than expected and delivered a bumper package of tax cuts estimated to be worth £1.3 billion ($1.91 billion) in support to the North Sea oil and gas industry. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394641/osborne-goes-big-on-north-sea-tax-cuts Wed, 18 Mar 2015 13:18:47 +0000 live Gulf Keystone ramping up at Shaikan http://www.upstreamonline.com/live/1394642/gulf-keystone-ramping-up-at-shaikan Shares in Gulf Keystone Petroleum started to rise on Wednesday after the company said it began to resume production at truck loading at its Shaikan oilfield in the Kurdistan region of Iraq. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394642/gulf-keystone-ramping-up-at-shaikan Wed, 18 Mar 2015 12:24:21 +0000 live Industry braced for 'watershed' UK Budget http://www.upstreamonline.com/live/1394631/industry-braced-for-watershed-uk-budget Oil and gas companies operating in the UK North Sea are on tenterhooks amid hopes Chancellor George Osborne will announce later on Wednesday a series of tax reforms to signal the struggling basin is open for business. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394631/industry-braced-for-watershed-uk-budget Wed, 18 Mar 2015 11:33:48 +0000 live Indonesia awards oil and gas acreage http://www.upstreamonline.com/incoming/1394636/indonesia-awards-oil-and-gas-acreage Indonesia has awarded conventional and unconventional oil and gas blocks off the country’s coast, government officials said. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394636/indonesia-awards-oil-and-gas-acreage Wed, 18 Mar 2015 11:10:16 +0000 ece_incoming Egypt to take Tamar gas http://www.upstreamonline.com/live/1394632/egypt-to-take-tamar-gas Noble Energy and its partners in the Tamar gas field off Israel have inked a deal to sell natural gas to Egyptian firms, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394632/egypt-to-take-tamar-gas Wed, 18 Mar 2015 10:35:25 +0000 live ExxonMobil ‘asks Russia for money back’ http://www.upstreamonline.com/incoming/1394627/exxonmobil-asks-russia-for-money-back ExxonMobil has asked the Russian government to reimburse taxes "overpaid" on a project in the far east of the country, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394627/exxonmobil-asks-russia-for-money-back Wed, 18 Mar 2015 09:55:50 +0000 ece_incoming Albania 'to sell' state oil company http://www.upstreamonline.com/incoming/1394592/albania-to-sell-state-oil-company Albania plans to soon put oil and gas acreage up for offer as it attempts once again to sell off state player Albpetrol, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394592/albania-to-sell-state-oil-company Tue, 17 Mar 2015 15:43:53 +0000 ece_incoming Liao quits PetroChina amid probe http://www.upstreamonline.com/live/1394584/liao-quits-petrochina-amid-probe Liao Yongyuan, a general manager of China National Petroleum Corporation who has been placed under investigation over alleged corruption, has resigned from related company PetroChina. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394584/liao-quits-petrochina-amid-probe Tue, 17 Mar 2015 14:12:38 +0000 live Ex-Petrobras exec Duque re-arrested http://www.upstreamonline.com/incoming/1394510/ex-petrobras-exec-duque-re-arrested A former Petrobras executive has been re-arrested by Brazilian police in the money laundering investigation scandal involving the country’s biggest companies and political parties. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394510/ex-petrobras-exec-duque-re-arrested Mon, 16 Mar 2015 14:25:57 +0000 ece_incoming CNPC manager 'in corruption probe' http://www.upstreamonline.com/live/1394506/cnpc-manager-in-corruption-probe China has put Liao Yongyuan, general manager of China National Petroleum Corporation, under investigation for alleged corruption, according to state media reports. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1394506/cnpc-manager-in-corruption-probe Mon, 16 Mar 2015 13:33:59 +0000 live Tidewater gets $46m Venezuela payback http://www.upstreamonline.com/incoming/1394489/tidewater-gets-usd-46m-venezuela-payback A World Bank tribunal has ordered Venezuela to pay oil service company Tidewater around $46.4 million in compensation for the expropriation of Tidewater's business and ships from 2009. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1394489/tidewater-gets-usd-46m-venezuela-payback Mon, 16 Mar 2015 10:34:13 +0000 ece_incoming Nigeria's 'economic threat for oil' http://www.upstreamonline.com/live/1394255/nigerias-economic-threat-for-oil Consulting company Control Risks has identified political uncertainty and low oil prices as key issues posing threats to Nigeria's economic growth, in the company's annual RiskMap 2015 report published today. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1394255/nigerias-economic-threat-for-oil Thu, 12 Mar 2015 10:39:14 +0000 live US removes Belarusneft sanctions http://www.upstreamonline.com/live/1394222/us-removes-belarusneft-sanctions The US has lifted sanctions against Belarusneft, imposed in 2011 after the Belarussian state-owned energy company got involved in Iran's oil sector. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1394222/us-removes-belarusneft-sanctions Wed, 11 Mar 2015 21:22:01 +0000 live IRS gets back to work on MLP rulings http://www.upstreamonline.com/live/1393871/irs-gets-back-to-work-on-mlp-rulings US tax regulators have once again begun processing inquiries by companies interested in setting up master limited partnerships (MLPs), a wildly popular business structure with midstream and some upstream operators. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1393871/irs-gets-back-to-work-on-mlp-rulings Tue, 10 Mar 2015 00:41:33 +0000 live New chairperson for OGA http://www.upstreamonline.com/live/1393826/new-chairperson-for-oga Sir Patrick Brown has been appointed as chairperson for the UK's newly established regulator - the Oil and Gas Authority (OGA). Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1393826/new-chairperson-for-oga Mon, 09 Mar 2015 12:10:38 +0000 live FBI opens office in Bakken http://www.upstreamonline.com/live/1393730/fbi-opens-office-in-bakken The US Federal Bureau of Investigation (FBI) is opening an office in the heart of the Bakken tight oil play in North Dakota to deal with an increasing number of cases there driven by the booming population. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1393730/fbi-opens-office-in-bakken Fri, 06 Mar 2015 22:33:15 +0000 live Oxy settles with Peru on pollution charges http://www.upstreamonline.com/live/1393658/oxy-settles-with-peru-on-pollution-charges Indigenous villagers in Peru have reached a negotiated settlement with Occidental Petroleum, which they had sued for allegedly polluting their lands over three decades, the two sides said on Thursday. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1393658/oxy-settles-with-peru-on-pollution-charges Fri, 06 Mar 2015 01:56:20 +0000 live Statoil pays $2m for errant Bakken well http://www.upstreamonline.com/live/1393647/statoil-pays-usd-2m-for-errant-bakken-well Norwegian giant Statoil has agreed to pay a $2 million civil penalty to settle allegations that it drilled a well in the Bakken tight oil play on leases it did not control. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1393647/statoil-pays-usd-2m-for-errant-bakken-well Thu, 05 Mar 2015 23:40:47 +0000 live Scientists warn against Atlantic seismic http://www.upstreamonline.com/live/1393646/scientists-warn-against-atlantic-seismic An international group of 75 marine scientists has implored US President Barack Obama to halt seismic exploration plans off the Atlantic coast, saying the planned operations pose a "significant threat" to marine life. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1393646/scientists-warn-against-atlantic-seismic Thu, 05 Mar 2015 19:29:07 +0000 live Petrobras hearing erupts in shouting match http://www.upstreamonline.com/live/1393640/petrobras-hearing-erupts-in-shouting-match The opening of a Brazilian congressional probe into alleged corruption at state-run oil company Petrobras erupted into a shouting match on Thursday when lawmakers rushed the dais and accused the probe's leader of seeking to manipulate the outcome. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1393640/petrobras-hearing-erupts-in-shouting-match Thu, 05 Mar 2015 18:41:17 +0000 live California shuts more injection wells http://www.upstreamonline.com/live/1393458/california-shuts-more-injection-wells California regulators are shutting down another 12 wastewater injection wells in California that pump into aquifers that might one day be needed for human consumption. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1393458/california-shuts-more-injection-wells Wed, 04 Mar 2015 19:46:19 +0000 live LetterOne 'still looking to seal UK assets' http://www.upstreamonline.com/live/1393436/letterone-still-looking-to-seal-uk-assets Russian billionaire Mikhail Fridman's LetterOne investment fund said it was still keen to work with the British government to find a solution that would allow it to complete its buy of RWE Dea's assets in the UK North Sea. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1393436/letterone-still-looking-to-seal-uk-assets Wed, 04 Mar 2015 16:29:20 +0000 live Sarawak lobbying for more royalties http://www.upstreamonline.com/live/1393385/sarawak-lobbying-for-more-royalties Sarawak, the East Malaysian state that is home to much of the nation’s oil and gas production, will continue to negotiate with national oil company Petronas for better hydrocarbon royalties, said Sarawak Chief Minister Adenan Satem. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1393385/sarawak-lobbying-for-more-royalties Wed, 04 Mar 2015 08:29:14 +0000 live Petoro in Sverdrup 'stake switch' http://www.upstreamonline.com/live/1393219/petoro-in-sverdrup-stake-switch Norway’s state oil holding company Petoro reportedly backpedalled on its demand for a higher stake in the Johan Sverdrup project in an apparent compromise to prevent last month’s submission of the field development plan being delayed  – resulting in a significant loss in value for state coffers. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1393219/petoro-in-sverdrup-stake-switch Mon, 02 Mar 2015 11:52:25 +0000 live Uganda round 'lacks safeguards' http://www.upstreamonline.com/live/1393102/uganda-round-lacks-safeguards Global Witness is calling for the Ugandan government to implement safeguards to prevent corruption and protect the environment after launching the country’s first competitive licensing round. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1393102/uganda-round-lacks-safeguards Fri, 27 Feb 2015 15:25:37 +0000 live Venezuela, Trinidad sign agreements http://www.upstreamonline.com/live/1392669/venezuela-trinidad-sign-agreements Energy giants Trinidad & Tobago and Venezuela signed a suite of agreements for the development of a cross-border natural gas field and the trade of crude oil. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1392669/venezuela-trinidad-sign-agreements Wed, 25 Feb 2015 06:15:15 +0000 live Obama vetoes Keystone XL bill http://www.upstreamonline.com/live/1392652/obama-vetoes-keystone-xl-bill US President Barack Obama has vetoed legislation that would have approved construction of the controversial Keystone XL pipeline, making good on a promise that has infuriated conservatives and oil and gas proponents. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1392652/obama-vetoes-keystone-xl-bill Tue, 24 Feb 2015 21:11:57 +0000 live Canada to raise insurance needs for rail http://www.upstreamonline.com/live/1392543/canada-to-raise-insurance-needs-for-rail Canada will boost the minimum insurance that railways will be required to carry when they haul crude oil and will impose levies on oil shipments to build up a supplementary fund to cover major disasters, according to a report. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1392543/canada-to-raise-insurance-needs-for-rail Mon, 23 Feb 2015 17:03:35 +0000 live US proposes new rules for Arctic drilling http://www.upstreamonline.com/live/1392310/us-proposes-new-rules-for-arctic-drilling The Obama administration on Friday proposed standards on exploratory drilling for oil and gas in US Arctic waters that would add costs for energy companies but aim to protect against catastrophic spills. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1392310/us-proposes-new-rules-for-arctic-drilling Sat, 21 Feb 2015 00:56:28 +0000 live New Canada tax rules target LNG investors http://www.upstreamonline.com/live/1392277/new-canada-tax-rules-target-lng-investors The Canadian government is targeting new investment in its burgeoning liquefied natural gas export industry by creating a new programme allowing proponents to recover capital costs more quickly. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1392277/new-canada-tax-rules-target-lng-investors Fri, 20 Feb 2015 20:09:27 +0000 live Six contractors sued in Brazil over scandal http://www.upstreamonline.com/live/1392276/six-contractors-sued-in-brazil-over-scandal Brazilian prosecutors filed lawsuits against six construction and engineering groups, seeking 4.47 billion reais ($1.55 billion) in damages in connection with a contract-fixing, bribery and political kickback scandal at state-run oil company Petrobras. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1392276/six-contractors-sued-in-brazil-over-scandal Fri, 20 Feb 2015 19:55:11 +0000 live Schlumberger Eurasia deal delayed http://www.upstreamonline.com/live/1392209/schlumberger-eurasia-deal-delayed Shares in Russian contractor Eurasia Drilling have slumped in London on Friday after the company revealed its planned merger with Schlumberger has been delayed. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1392209/schlumberger-eurasia-deal-delayed Fri, 20 Feb 2015 12:48:50 +0000 live OGA hunts more key leaders http://www.upstreamonline.com/live/1392205/oga-hunts-more-key-leaders The UK Oil & Gas Authority (OGA) on Friday embarked on a fresh round of recruitment for seven senior officials who will be instrumental in shaping the work of the new regulator. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1392205/oga-hunts-more-key-leaders Fri, 20 Feb 2015 12:18:10 +0000 live Indian ministry workers arrested in oil doc theft http://www.upstreamonline.com/live/1392156/indian-ministry-workers-arrested-in-oil-doc-theft Two employees from the Indian Petroleum Ministry are among seven people arrested by the Delhi police in a major crackdown on corporate espionage in the country’s Petroleum Ministry, which allegedly involved leaking official documents to corporate houses. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/1392156/indian-ministry-workers-arrested-in-oil-doc-theft Thu, 19 Feb 2015 22:22:47 +0000 live Europe 'will see new gas pipeline': Roiss http://www.upstreamonline.com/live/1391946/europe-will-see-new-gas-pipeline-roiss Europe will build a new pipeline to receive Russian gas in the coming years despite the collapse of the South Stream and Nabucco projects, OMV chief executive Gerhard Roiss has predicted. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1391946/europe-will-see-new-gas-pipeline-roiss Thu, 19 Feb 2015 12:27:21 +0000 live Ohio court strikes blow to local frac laws http://www.upstreamonline.com/live/1391793/ohio-court-strikes-blow-to-local-frac-laws Ohio's Supreme Court has ruled that certain local zoning laws banning hydraulic fracturing do not supersede the US state's authority to regulate oil and gas drilling. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1391793/ohio-court-strikes-blow-to-local-frac-laws Tue, 17 Feb 2015 22:05:15 +0000 live BP sees 'years' of market weakness http://www.upstreamonline.com/live/1391769/bp-sees-years-of-market-weakness The current oil market weakness will most likely “take several years” to unravel, but global energy demand is still set to rise by more than a third in the next two decades, according to BP’s latest Energy Outlook 2035. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1391769/bp-sees-years-of-market-weakness Tue, 17 Feb 2015 12:57:31 +0000 live