www.upstreamonline.com http://www.upstreamonline.com/ www.upstreamonline.com Sistema's Yevtushenkov 'back at desk' http://www.upstreamonline.com/live/1377353/Sistemas-Yevtushenkov-back-at-desk Russian oil and telecoms tycoon Vladimir Yevtushenkov has been released from house arrest after earlier being hit with charges of money-laundering, his company Sistema has said. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1377353/Sistemas-Yevtushenkov-back-at-desk Fri, 19 Sep 2014 13:51:53 +0000 live Oil majors welcome Scottish 'No' vote http://www.upstreamonline.com/live/1377327/Oil-majors-welcome-Scottish-No-vote Shell chief executive Ben van Beurden has welcomed Scotland’s decision to remain within the UK as a result that "reduces the operating uncertainty for businesses based in Scotland”. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1377327/Oil-majors-welcome-Scottish-No-vote Fri, 19 Sep 2014 08:49:56 +0000 live Russia sets 'gas talks date' http://www.upstreamonline.com/live/1377331/Russia-sets-gas-talks-date Russia is reportedly set to hold renewed talks with the Ukraine and European Union later this month aimed at resolving a gas pricing dispute. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1377331/Russia-sets-gas-talks-date Fri, 19 Sep 2014 08:33:58 +0000 live Cameron vows political change http://www.upstreamonline.com/live/1377326/Cameron-vows-political-change Prime Minister David Cameron has promised sweeping political changes in Scotland and elsewhere in the UK following the historic Scottish vote against independence. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1377326/Cameron-vows-political-change Fri, 19 Sep 2014 07:36:41 +0000 live Leaders urge haste on North Sea reforms http://www.upstreamonline.com/live/1377322/Leaders-urge-haste-on-North-Sea-reforms Industry association Oil & Gas UK has said it wants the Scottish government to continue its “pivotal role” in the North Sea oil and gas sector after Scots chose to reject to independence. (Rob Watts), (Bill Lehane) http://www.upstreamonline.com/live/1377322/Leaders-urge-haste-on-North-Sea-reforms Fri, 19 Sep 2014 07:09:03 +0000 live Salmond resigns after Scotland votes 'No' http://www.upstreamonline.com/live/1377312/Salmond-resigns-after-Scotland-votes-No Scotland’s first minister and leader of the Scottish Nationalist Party Alex Salmond has resigned after the country voted to reject becoming independent from the UK. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1377312/Salmond-resigns-after-Scotland-votes-No Fri, 19 Sep 2014 06:02:09 +0000 live Polls close in Scotland vote http://www.upstreamonline.com/live/1377284/Polls-close-in-Scotland-vote Polling stations across Scotland have closed after a historic day that has seen million of voters turn out to choose between independence and remaining part of the UK. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1377284/Polls-close-in-Scotland-vote Thu, 18 Sep 2014 21:08:01 +0000 live Oxfam lodges fresh suit against SEC http://www.upstreamonline.com/live/1377252/Oxfam-lodges-fresh-suit-against-SEC Oxfam America again has turned to the courts in its effort to push US securities regulators to follow through on their plan to require US-listed oil companies to disclose their payments to foreign governments. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1377252/Oxfam-lodges-fresh-suit-against-SEC Thu, 18 Sep 2014 16:01:05 +0000 live Scottish Yes would create challenges: WoodMac http://www.upstreamonline.com/live/1377099/Scottish-Yes-would-create-challenges-WoodMac Fiscal uncertainty, deciding the offshore boundary and the impact on regulation are some of the key challenges that would stem from a Scottish ‘Yes’ vote on independence, according to a new analysis. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1377099/Scottish-Yes-would-create-challenges-WoodMac Thu, 18 Sep 2014 10:18:08 +0000 live Scotland heads to the polls http://www.upstreamonline.com/live/1377079/Scotland-heads-to-the-polls Scots have started heading to polling stations to decide if their nation is to become independent and break a more than 300-year-old union with the rest of the UK. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1377079/Scotland-heads-to-the-polls Thu, 18 Sep 2014 06:33:28 +0000 live APPEA supports barrier removal http://www.upstreamonline.com/live/1377086/APPEA-supports-barrier-removal Restrictions on the eastern Australian gas industry have been knocked by a number of manufacturers, including Dow Chemical. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1377086/APPEA-supports-barrier-removal Thu, 18 Sep 2014 06:26:45 +0000 live Deal reached for Argentina shale framework http://www.upstreamonline.com/live/1376992/Deal-reached-for-Argentina-shale-framework Argentina's oil-producing provinces and President Cristina Fernandez de Kirchner have reached a "broad consensus" over changes to the country's oil law to support shale investment, according to the Casa Rosada, the office of the country's president. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/1376992/Deal-reached-for-Argentina-shale-framework Wed, 17 Sep 2014 14:51:43 +0000 live Scottish oil fund 'would be worth billions' http://www.upstreamonline.com/live/1376977/Scottish-oil-fund-would-be-worth-billions A Scottish sovereign wealth fund could produce a recurring oil income worth billions to an independent Scotland, according to a new analysis. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1376977/Scottish-oil-fund-would-be-worth-billions Wed, 17 Sep 2014 13:10:23 +0000 live Proposed EU energy boss sells oil stakes http://www.upstreamonline.com/live/1376974/Proposed-EU-energy-boss-sells-oil-stakes Spain’s Miguel Arias Canete has sold all of his interests in energy companies after controversy over the stakes followed his nomination as the EU’s next energy and climate change commissioner. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1376974/Proposed-EU-energy-boss-sells-oil-stakes Wed, 17 Sep 2014 10:50:45 +0000 live Gazprom, Srpska near South Stream pact http://www.upstreamonline.com/live/1376953/Gazprom-Srpska-near-South-Stream-pact Gazprom and the Republic of Srpska are close to signing an inter-governmental agreement for a section of the South Stream gas export pipeline, the pair said after signing an interim supply deal. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1376953/Gazprom-Srpska-near-South-Stream-pact Wed, 17 Sep 2014 08:37:20 +0000 live Hess readies Kurdistan return http://www.upstreamonline.com/live/1376949/Hess-readies-Kurdistan-return US independent Hess is preparing to resume drilling operations at a well in Kurdistan in the next few weeks following a suspension as Islamic State militants ransacked swathes of the region. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376949/Hess-readies-Kurdistan-return Wed, 17 Sep 2014 08:20:41 +0000 live Sistema head 'faces Bashneft charges' http://www.upstreamonline.com/live/1376942/Sistema-head-faces-Bashneft-charges Russian oil-to-telecom conglomerate Sistema has reportedly defended its acquisition of assets from compatriot oil company Bashneft after its chairman was placed under house arrest on money-laundering charges in connection with an earlier shares deal. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1376942/Sistema-head-faces-Bashneft-charges Wed, 17 Sep 2014 07:04:57 +0000 live Gazprom warns Naftogaz http://www.upstreamonline.com/live/1376926/Gazprom-warns-Naftogaz Gazprom has warned that Russian gas supply relies on the actions of the Ukraine’s Naftgoz, with the board of the company addressing information about the future of the relationship between the two. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1376926/Gazprom-warns-Naftogaz Wed, 17 Sep 2014 00:27:01 +0000 live Opec ‘may cut output’ http://www.upstreamonline.com/live/1376872/Opec-‘may-cut-output’ Opec secretary general Abdullah al-Badri has said the cartel’s output target could come down after the organisation next meets in November, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376872/Opec-‘may-cut-output’ Tue, 16 Sep 2014 14:57:08 +0000 live Union leader: ‘No fears over Yes vote’ http://www.upstreamonline.com/live/1376807/Union-leader-‘No-fears-over-Yes-vote’ A North Sea trade union leader has said Scots should have no fears for the future prosperity of their oil and gas industry if they vote for independence from the UK. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376807/Union-leader-‘No-fears-over-Yes-vote’ Tue, 16 Sep 2014 07:55:01 +0000 live Oz court rules against unions http://www.upstreamonline.com/live/1376797/Oz-court-rules-against-unions The Australian Federal Court has upheld legislation easing the restrictions on the use of foreign workers on Australian offshore projects. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1376797/Oz-court-rules-against-unions Tue, 16 Sep 2014 06:20:46 +0000 live 'Sanctions risk' for Kara Sea well http://www.upstreamonline.com/live/1376685/Sanctions-risk-for-Kara-Sea-well Exploration work being carried out by ExxonMobil in Russia’s Kara Sea using a Seadrill-owned rig reportedly is at risk of suspension due to the latest round of Western sanctions, which are also set to hit a raft of upstream projects from the Caspian Sea to Iraq and Ghana. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1376685/Sanctions-risk-for-Kara-Sea-well Mon, 15 Sep 2014 08:36:36 +0000 live US joins EU in fresh Russia sanctions http://www.upstreamonline.com/live/1376578/US-joins-EU-in-fresh-Russia-sanctions Russian energy giants Rosneft and Gazprom were dealt a further blow on Friday after the US followed the EU in imposing fresh sanctions over continued instability in eastern Ukraine. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376578/US-joins-EU-in-fresh-Russia-sanctions Fri, 12 Sep 2014 14:46:07 +0000 live EU names oil trio on sanctions list http://www.upstreamonline.com/live/1376542/EU-names-oil-trio-on-sanctions-list Rosneft and Gazprom Neft have both been officially named by the European Union as two of three Russian oil industry companies targetted by its latest package of sanctions. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376542/EU-names-oil-trio-on-sanctions-list Fri, 12 Sep 2014 07:22:31 +0000 live Indonesia replaces resources man http://www.upstreamonline.com/live/1376522/Indonesia-replaces-resources-man Indonesia's president has appointed an acting Minister of Energy and Mineral Resources to replace Jero Wacik, who resigned last week after being named as a suspect in a corruption case. (Russell Searancke) http://www.upstreamonline.com/live/1376522/Indonesia-replaces-resources-man Fri, 12 Sep 2014 01:00:29 +0000 live New EU sanctions to take effect Friday http://www.upstreamonline.com/live/1376484/New-EU-sanctions-to-take-effect-Friday The European Union is on Friday to press ahead with the implementation of a new round of sanctions against Russian companies and individuals, despite a shaky truce being maintained in eastern Ukraine. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376484/New-EU-sanctions-to-take-effect-Friday Thu, 11 Sep 2014 15:23:53 +0000 live Eni CEO probed over Nigeria block deal http://www.upstreamonline.com/live/1376303/Eni-CEO-probed-over-Nigeria-block-deal Eni's chief executive Claudio Descalzi is under "preliminary investigation" by Italian authorities over the company's purchase of a stake in a Nigerian block earlier this decade. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376303/Eni-CEO-probed-over-Nigeria-block-deal Thu, 11 Sep 2014 09:17:29 +0000 live Gazprom profit chopped http://www.upstreamonline.com/live/1376296/Gazprom-profit-chopped A devalued home currency and an impairment largely related to a bad debt provision in Ukraine sent net profit tumbling at Gazprom in the first quarter. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376296/Gazprom-profit-chopped Thu, 11 Sep 2014 07:36:51 +0000 live Poland sees reduced Russian gas supply http://www.upstreamonline.com/live/1376254/Poland-sees-reduced-Russian-gas-supply Poland said it was receiving 20% less gas than normal from Russia and a German gas operator said its supplies of Russian gas were slightly reduced, reports said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1376254/Poland-sees-reduced-Russian-gas-supply Wed, 10 Sep 2014 15:49:10 +0000 live Hickenlooper forms frac task force http://www.upstreamonline.com/live/1376252/Hickenlooper-forms-frac-task-force Colorado governor John Hickenlooper has finalised appointments to a task force that will review the state’s oil and gas regulations as part of a compromise over November ballot issues that could have restricted hydraulic fracturing in the US state. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1376252/Hickenlooper-forms-frac-task-force Wed, 10 Sep 2014 15:21:45 +0000 live Canete named EU energy commissioner http://www.upstreamonline.com/live/1376225/Canete-named-EU-energy-commissioner Spain’s Miguel Arias Canete has been named as the EU’s next energy commissioner in a portfolio newly combined with climate change. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1376225/Canete-named-EU-energy-commissioner Wed, 10 Sep 2014 13:25:34 +0000 live BP: 'Scotland should stay in UK' http://www.upstreamonline.com/live/1376216/BP-Scotland-should-stay-in-UK BP chief executive Bob Dudley has said the long-term interests of the North Sea oil and gas industry are best served by Scotland remaining part of the UK. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376216/BP-Scotland-should-stay-in-UK Wed, 10 Sep 2014 13:08:26 +0000 live Metgasco outlines lessons learnt http://www.upstreamonline.com/live/1376170/Metgasco-outlines-lessons-learnt Australian gas producer Metgasco has delivered a stern message in regards to operating in areas with strong community opposition to drilling. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1376170/Metgasco-outlines-lessons-learnt Wed, 10 Sep 2014 08:50:57 +0000 live Philippines opens contracting http://www.upstreamonline.com/live/1376155/Philippines-opens-contracting The Philippine government has headed to Australia to talk up its latest contracting round, opening up 11 large areas to the market. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1376155/Philippines-opens-contracting Wed, 10 Sep 2014 06:53:08 +0000 live Chesapeake must face fraud charges http://www.upstreamonline.com/live/1376115/Chesapeake-must-face-fraud-charges Chesapeake Energy must proceed to trial on 21 felony counts alleging that its leasing practices defrauded landowners in Michigan, but the company won dismissal of two charges in a related anti-trust case brought by the state. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1376115/Chesapeake-must-face-fraud-charges Tue, 09 Sep 2014 18:40:46 +0000 live Russia 'to back' sanctions-hit firms http://www.upstreamonline.com/live/1376073/Russia-to-back-sanctions-hit-firms Russia’s prime minister has pledged the government will provide support for domestic energy companies, including privately-owned players such as Novatek, in the face of Western sanctions, according to a report. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1376073/Russia-to-back-sanctions-hit-firms Tue, 09 Sep 2014 12:27:29 +0000 live Iraq names new oil minister http://www.upstreamonline.com/live/1376071/Iraq-names-new-oil-minister Iraq’s fresh government has named a new oil minister in a move that could pave the way to improved relations between Baghdad and Kurdistan on oil contracts. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376071/Iraq-names-new-oil-minister Tue, 09 Sep 2014 12:23:33 +0000 live Petrobras lashes Costa ‘corruption’ claims http://www.upstreamonline.com/live/1376041/Petrobras-lashes-Costa-‘corruption’-claims Petrobras has launched a probe into allegations of widespread corruption at the company aired by a jailed former company executive who named dozens of politicians in the alleged graft. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1376041/Petrobras-lashes-Costa-‘corruption’-claims Tue, 09 Sep 2014 07:28:32 +0000 live Alberta set for new premier http://www.upstreamonline.com/live/1376014/Alberta-set-for-new-premier Former investment banker Jim Prentice will become the next premier of Alberta after taking the helm of his party in the oil-rich Canadian province. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1376014/Alberta-set-for-new-premier Mon, 08 Sep 2014 19:04:26 +0000 live Yemen's Marib pipeline hit again http://www.upstreamonline.com/live/1375935/Yemens-Marib-pipeline-hit-again Tribesmen attacked Yemen's main oil export pipeline on Monday, halting the flow of crude, reports said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1375935/Yemens-Marib-pipeline-hit-again Mon, 08 Sep 2014 11:04:33 +0000 live Russia ‘mulls $40bn Rosneft aid’ http://www.upstreamonline.com/live/1375908/Russia-‘mulls-40bn-Rosneft-aid’ Rosneft could be in line for a $40 billion-plus boost from the Russian state as the oil behemoth looks to fight off the effect of international sanctions against it and the country, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375908/Russia-‘mulls-40bn-Rosneft-aid’ Mon, 08 Sep 2014 07:30:43 +0000 live Indonesian minister Jero 'quits' http://www.upstreamonline.com/live/1375769/Indonesian-minister-Jero-quits Indonesia’s Minister of Energy & Mineral Resources, Jero Wacik, has resigned in the wake of being named a suspect in a corruption probe, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375769/Indonesian-minister-Jero-quits Fri, 05 Sep 2014 12:40:50 +0000 live Iraq ‘sues Greek ship owner’ over Kurdish oil http://www.upstreamonline.com/live/1375519/Iraq-‘sues-Greek-ship-owner’-over-Kurdish-oil Iraqi authorities are suing the Greek tanker owner that Baghdad claims has facilitated the “illegal” export of crude oil from the northern Kurdistan region, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375519/Iraq-‘sues-Greek-ship-owner’-over-Kurdish-oil Thu, 04 Sep 2014 12:31:08 +0000 live Rosneft’s Morgan Stanley deal cleared by EU http://www.upstreamonline.com/live/1375517/Rosneft’s-Morgan-Stanley-deal-cleared-by-EU Rosneft has finally gotten some good news out of European authorities after the European Commission gave the Russian oil giant the thumbs up for its acquisition of an oil trading unit from Morgan Stanley. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375517/Rosneft’s-Morgan-Stanley-deal-cleared-by-EU Thu, 04 Sep 2014 12:04:12 +0000 live BP finalises revised Rumaila output http://www.upstreamonline.com/live/1375511/BP-finalises-revised-Rumaila-output BP and Iraqi authorities have put pen to paper on a revised deal that significantly reduces the plateau production rate at the UK supermajor’s giant Rumaila oilfield. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375511/BP-finalises-revised-Rumaila-output Thu, 04 Sep 2014 11:40:34 +0000 live Oryx resumes output at KRG's Demir Dagh http://www.upstreamonline.com/live/1375362/Oryx-resumes-output-at-KRGs-Demir-Dagh Canada’s Oryx Petroleum has resumed operations at its Demir Dagh oilfield in the Kurdistan region of Iraq after the security situation forced a more than two-week long closure. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1375362/Oryx-resumes-output-at-KRGs-Demir-Dagh Wed, 03 Sep 2014 11:15:36 +0000 live Russia, Ukraine agree ‘ceasefire regime’ http://www.upstreamonline.com/live/1375346/Russia-Ukraine-agree-‘ceasefire-regime’ An end to fighting in eastern Ukraine could be near after Russian President Vladimir Putin and his Ukrainian counterpart Petro Poroshenko agreed on a “ceasefire regime” on Wednesday. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375346/Russia-Ukraine-agree-‘ceasefire-regime’ Wed, 03 Sep 2014 10:04:42 +0000 live Rosneft ‘may cut output’ http://www.upstreamonline.com/live/1375328/Rosneft-‘may-cut-output’ Rosneft could chop production this year by 40,000 barrels per day, in a year that the Russian oil behemoth has been hit by sanctions imposed by the US and European Union, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375328/Rosneft-‘may-cut-output’ Wed, 03 Sep 2014 08:41:22 +0000 live ONGC demands better price http://www.upstreamonline.com/live/1375314/ONGC-demands-better-price India's state-owned explorer Oil & Natural Gas Corporation has demanded a higher gas price from the government to achieve a break-even point at its proposed offshore gas development projects, off the country's east coast. (Nishant Ugal) http://www.upstreamonline.com/live/1375314/ONGC-demands-better-price Wed, 03 Sep 2014 07:11:02 +0000 live Venezuela appoints new oil minister http://www.upstreamonline.com/live/1375303/Venezuela-appoints-new-oil-minister The Venezuelan government has appointed the cousin of former president Hugo Chavez as its new oil and mining minister. (News Wires) http://www.upstreamonline.com/live/1375303/Venezuela-appoints-new-oil-minister Wed, 03 Sep 2014 03:33:13 +0000 live India oil subsidy burden ‘to plummet’ http://www.upstreamonline.com/live/1375213/India-oil-subsidy-burden-‘to-plummet’ India's oil subsidy burden is likely to go down by more than 30% to about $15 billion during the current financial year, as crude prices continue to remain stable, leading analysts have claimed. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375213/India-oil-subsidy-burden-‘to-plummet’ Tue, 02 Sep 2014 12:47:22 +0000 live Taqa resumes drilling at Atrush http://www.upstreamonline.com/live/1375210/Taqa-resumes-drilling-at-Atrush Middle Eastern player Taqa has resumed drilling operations at the Atrush block in the Kurdistan region of northern Iraq following a hiatus over security fears. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375210/Taqa-resumes-drilling-at-Atrush Tue, 02 Sep 2014 12:15:38 +0000 live Russia, Ukraine line up gas talks http://www.upstreamonline.com/live/1375101/Russia-Ukraine-line-up-gas-talks Russia's Energy Minister Alexander Novak said on Monday that Moscow and Kiev are set to hold a new round of talks to resolve a gas crisis on Saturday. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1375101/Russia-Ukraine-line-up-gas-talks Mon, 01 Sep 2014 14:03:04 +0000 live Statoil readies full In Amenas return http://www.upstreamonline.com/live/1375039/Statoil-readies-full-In-Amenas-return Statoil is ready to resume ordinary operations at the In Amenas gas plant in Algeria following a deadly terrorist attack early last year that left dozens of people dead. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1375039/Statoil-readies-full-In-Amenas-return Mon, 01 Sep 2014 07:19:46 +0000 live Coleman warns African nations http://www.upstreamonline.com/live/1374889/Coleman-warns-African-nations Woodside chief executive Peter Coleman has warned African countries not to regulate them out of the country. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1374889/Coleman-warns-African-nations Fri, 29 Aug 2014 06:50:22 +0000 live Official lists African roadblocks http://www.upstreamonline.com/live/1374887/Official-lists-African-roadblocks Africa may not be the major competitor for Australia it has been pegged to be with potentially crippling cost barriers to working in the country, according to a number of leading government officials. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1374887/Official-lists-African-roadblocks Fri, 29 Aug 2014 04:22:55 +0000 live Tanker with Kurdish crude reappears off Texas http://www.upstreamonline.com/live/1374877/Tanker-with-Kurdish-crude-reappears-off-Texas An tanker loaded with $100 million of oil from Iraqi Kurdistan has popped up again on satellite tracking systems off the coast of Galveston, Texas as a weeks-long legal standoff continues over the sale of the crude. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1374877/Tanker-with-Kurdish-crude-reappears-off-Texas Fri, 29 Aug 2014 00:35:33 +0000 live Iraq ‘to challenge US ruling on Kurdish oil’ http://www.upstreamonline.com/live/1374837/Iraq-‘to-challenge-US-ruling-on-Kurdish-oil’ Iraq is to challenge a ruling by a US court that prevented a cargo worth around $100 million of crude oil originating from the Kurdistan region from being seized by US authorities, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1374837/Iraq-‘to-challenge-US-ruling-on-Kurdish-oil’ Thu, 28 Aug 2014 14:53:35 +0000 live US growth higher than disruptions http://www.upstreamonline.com/live/1374592/US-growth-higher-than-disruptions Liquid fuels production in the US is set to grow more than could offset unplanned supply disruptions, according to information from the US Energy Information Administration (EIA). bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1374592/US-growth-higher-than-disruptions Thu, 28 Aug 2014 03:41:30 +0000 live Norway emissions standards 'may tighten' http://www.upstreamonline.com/live/1374364/Norway-emissions-standards-may-tighten Norway's record-high offshore carbon dioxide emissions tax faces the prospect of being increased further as politicians seek ways to ensure that future offshore projects will be powered by electricity from shore. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1374364/Norway-emissions-standards-may-tighten Tue, 26 Aug 2014 16:36:17 +0000 live US court tosses BP safety lawsuit http://www.upstreamonline.com/live/1374361/US-court-tosses-BP-safety-lawsuit A US district court in Houston has dismissed a $256 billion lawsuit against BP which alleged, among other things, that the design of the Atlantis floating production semi-submersible in the deep-water Gulf of Mexico was unsafe. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1374361/US-court-tosses-BP-safety-lawsuit Tue, 26 Aug 2014 16:20:50 +0000 live Gazprom eyes dozens of offshore probes http://www.upstreamonline.com/live/1374326/Gazprom-eyes-dozens-of-offshore-probes Gazprom faces a significant challenge to secure sufficient rig tonnage as it plans to sink dozens of exploration wells on its licensed acreage off Russia in the next decade. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1374326/Gazprom-eyes-dozens-of-offshore-probes Tue, 26 Aug 2014 14:38:46 +0000 live US court throws out order to seize Kurdish crude http://www.upstreamonline.com/live/1374202/US-court-throws-out-order-to-seize-Kurdish-crude A US court has thrown out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude from a tanker near Texas, a move that could allow the cargo to be delivered and end a nearly month-long impasse. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1374202/US-court-throws-out-order-to-seize-Kurdish-crude Tue, 26 Aug 2014 04:20:24 +0000 live Al-Falih: 'US shale not a threat' http://www.upstreamonline.com/live/1374078/Al-Falih-US-shale-not-a-threat Saudi Aramco boss insists shale gale has helped by ensuring stable markets Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1374078/Al-Falih-US-shale-not-a-threat Mon, 25 Aug 2014 12:04:44 +0000 live Lien: 'Output hike needed despite cost cuts' http://www.upstreamonline.com/live/1374061/Lien-Output-hike-needed-despite-cost-cuts Oil minister Tord Lien says oil companies should not let cost pressures lead to resources being left untapped Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1374061/Lien-Output-hike-needed-despite-cost-cuts Mon, 25 Aug 2014 11:33:25 +0000 live Libya revives output with Waha restart http://www.upstreamonline.com/live/1374048/Libya-revives-output-with-Waha-restart Libya’s key Waha field has restarted oil production, according to reports. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1374048/Libya-revives-output-with-Waha-restart Mon, 25 Aug 2014 10:22:58 +0000 live Lund warns of possible Russia delays http://www.upstreamonline.com/live/1374014/Lund-warns-of-possible-Russia-delays Statoil’s activities in Russia may be delayed because of the international sanctions imposed by the European Union and other nations as a response to Russia’s intervention in Ukraine, according to chief executive Helge Lund. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1374014/Lund-warns-of-possible-Russia-delays Mon, 25 Aug 2014 09:22:46 +0000 live Lithuania inks LNG deal with Statoil http://www.upstreamonline.com/live/article1373920.ece Lithuania has moved a step closer to breaking up its total dependence on Russia for gas imports with a five-year deal to buy liquefied natural gas from Statoil of Norway. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1373920.ece Fri, 22 Aug 2014 18:21:38 +0000 live Company sues over 'defamatory' billboards http://www.upstreamonline.com/live/1373911/Company-sues-over-defamatory-billboards A Texas company that operates injection wells is suing a man in rural Ohio who has posted billboards with Biblical warnings against the disposal facilities. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1373911/Company-sues-over-defamatory-billboards Fri, 22 Aug 2014 17:21:45 +0000 live Repeal of Alaska oil tax trails http://www.upstreamonline.com/live/1373900/Repeal-of-Alaska-oil-tax-trails Alaskan voters appear to have narrowly upheld a new law that cut taxes on oil production and is worth up to $1 billion a year for companies such as ConocoPhillips, BP and ExxonMobil, according to available results. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1373900/Repeal-of-Alaska-oil-tax-trails Fri, 22 Aug 2014 14:42:29 +0000 live Otto cheers Galoc output http://www.upstreamonline.com/live/1373543/Otto-cheers-Galoc-output Australia's Otto Energy has produced more than 2 million barrels of oil at its Galoc oilfield, off the Philippines, since the completion of its second phase of development. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1373543/Otto-cheers-Galoc-output Thu, 21 Aug 2014 03:17:50 +0000 live AMMA takes preventative action http://www.upstreamonline.com/live/1373544/AMMA-takes-preventative-action The Australian Mines and Metals Association has taken pre-emptive court action to prevent the Maritime Union of Australia from taking strike action against four vessel operators, after the union was accused of breaching bargaining orders. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1373544/AMMA-takes-preventative-action Thu, 21 Aug 2014 03:16:01 +0000 live 'Green risk' in Store for Norway http://www.upstreamonline.com/live/1373476/Green-risk-in-Store-for-Norway The apparently greener profile of the new leader of Norway’s opposition Labour Party poses a potential risk to future foreign investment in its oil and gas sector, according to a new report. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1373476/Green-risk-in-Store-for-Norway Wed, 20 Aug 2014 12:57:10 +0000 live Darwin opens hub http://www.upstreamonline.com/live/1373330/Darwin-opens-hub Darwin has officially moved to position itself as an international hub for the oil and gas industry with the opening of its marine supply base. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1373330/Darwin-opens-hub Tue, 19 Aug 2014 05:43:08 +0000 live Hickenlooper touts oil & gas impacts http://www.upstreamonline.com/live/1373307/Hickenlooper-touts-oil--gas-impacts The oil and gas industry is vital to the Colorado economy but industry must be mindful of its "social contract" with "civil society", Governor John Hickenlooper said on Monday. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1373307/Hickenlooper-touts-oil--gas-impacts Mon, 18 Aug 2014 20:29:09 +0000 live Norwegian union agreement struck http://www.upstreamonline.com/live/1373225/Norwegian-union-agreement-struck An agreement has been struck between the Norwegian labour union Safe and its employees, and a number of oil service companies. (News Wires), bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1373225/Norwegian-union-agreement-struck Mon, 18 Aug 2014 03:50:49 +0000 live Texas eyes tighter injection-well regs http://www.upstreamonline.com/live/1373156/Texas-eyes-tighter-injection-well-regs The Texas Railroad Commission has proposed tighter regulations on injection wells in the state in light reports of man-made seismic events caused by such wells elsewhere in the US. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1373156/Texas-eyes-tighter-injection-well-regs Fri, 15 Aug 2014 17:42:21 +0000 live Workers vote 'yes' on resolution http://www.upstreamonline.com/live/1373097/Workers-vote-yes-on-resolution Curtis Island liquefied natural gas workers have voted in favour of a new industrial agreement with contractor Bechtel after almost one week of strikes. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1373097/Workers-vote-yes-on-resolution Fri, 15 Aug 2014 05:45:38 +0000 live Total reduces staff in Iraqi Kurdistan http://www.upstreamonline.com/live/1373011/Total-reduces-staff-in-Iraqi-Kurdistan France's Total has reduced the number of staff at its operations in Iraq's semi-autonomous region of Kurdistan because of the deteriorating security situation, reports said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1373011/Total-reduces-staff-in-Iraqi-Kurdistan Thu, 14 Aug 2014 14:56:34 +0000 live Ukraine green light for sanctions http://www.upstreamonline.com/live/1372999/Ukraine-green-light-for-sanctions Ukraine’s parliament has reportedly approved sanctions against Russian companies and individuals over the Kremlin’s alleged support for separatist rebels, while also passing a law that would allow gas transit facilities to be leased under a joint venture with US and European companies. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1372999/Ukraine-green-light-for-sanctions Thu, 14 Aug 2014 14:05:49 +0000 live Sechin ‘asks government for $41bn’ http://www.upstreamonline.com/live/1372880/Sechin-‘asks-government-for-41bn’ Russian oil behemoth Rosneft has asked the government for more than $41 billion to help it ride out the effect of sanctions imposed against it and Russia by the US and European Union, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372880/Sechin-‘asks-government-for-41bn’ Thu, 14 Aug 2014 10:13:46 +0000 live Hawkley puts hold on wages http://www.upstreamonline.com/live/1372847/Hawkley-puts-hold-on-wages Australian junior Hawkley Oil & Gas has frozen management salaries in light of the Ukrainian government’s decision to increase taxes for oil and gas companies. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372847/Hawkley-puts-hold-on-wages Wed, 13 Aug 2014 23:51:56 +0000 live Libya sees first Ras Lanuf exports http://www.upstreamonline.com/live/1372788/Libya-sees-first-Ras-Lanuf-exports Libya has seen the first exports from its key oil port of Ras Lanuf in a year following last month’s handover of the port to the National Oil Company after a deal with rebels, reports said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1372788/Libya-sees-first-Ras-Lanuf-exports Wed, 13 Aug 2014 14:15:30 +0000 live Repsol gets Canaries spud go-ahead http://www.upstreamonline.com/live/1372759/Repsol-gets-Canaries-spud-go-ahead Repsol has been given the go-ahead by Spain’s government to drill wildcats off the Canary Islands in the Atlantic Ocean. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372759/Repsol-gets-Canaries-spud-go-ahead Wed, 13 Aug 2014 10:15:19 +0000 live Bechtel slams union conduct http://www.upstreamonline.com/live/1372736/Bechtel-slams-union-conduct Bechtel has hit out at the Construction, Forestry, Mining and Energy Union (CFMEU) as the strikes affecting the three liquefied natural gas projects in Gladstone, Queensland continue. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372736/Bechtel-slams-union-conduct Wed, 13 Aug 2014 07:06:37 +0000 live PNG commission takes PM to task http://www.upstreamonline.com/live/1372727/PNG-commission-takes-PM-to-task The Papua New Guinea Ombudsmen Commission has referred the Prime Minister Peter O’Neill to the country’s prosecutor for misconduct based on a loan he took to buy shares in Oil Search. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372727/PNG-commission-takes-PM-to-task Wed, 13 Aug 2014 06:03:51 +0000 live Ukraine moves closer on Russia sanctions http://www.upstreamonline.com/live/1372677/Ukraine-moves-closer-on-Russia-sanctions Ukraine's parliament has reportedly passed the first reading of a bill to impose sanctions on Russian companies and individuals, stoking fears among European gas suppliers that their supplies from Gazprom through Ukraine could be hit in the coming winter. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1372677/Ukraine-moves-closer-on-Russia-sanctions Tue, 12 Aug 2014 16:00:20 +0000 live Norway backs EU sanctions http://www.upstreamonline.com/live/1372657/Norway-backs-EU-sanctions Norway has decided to back European Union trade sanctions against Russia over the Ukraine crisis after securing parliamentary support to implement similar measures, including a ban on exports of oil and gas technology. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1372657/Norway-backs-EU-sanctions Tue, 12 Aug 2014 12:43:16 +0000 live Schlumberger warns on sanctions impact http://www.upstreamonline.com/live/1372650/Schlumberger-warns-on-sanctions-impact Sanctions imposed on Russia by the US and European Union are to negatively affect Schlumberger's bottom line in the third quarter, the services giant has warned. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372650/Schlumberger-warns-on-sanctions-impact Tue, 12 Aug 2014 12:09:23 +0000 live Oil 'well-supplied despite conflicts': IEA http://www.upstreamonline.com/live/1372640/Oil-well-supplied-despite-conflicts-IEA The global oil market is increasingly well supplied despite conflict in several key producing states thanks to ‘relentless’ growth in North American output, the International Energy Agency said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1372640/Oil-well-supplied-despite-conflicts-IEA Tue, 12 Aug 2014 10:25:12 +0000 live Oil Search cuts down Iraq presence http://www.upstreamonline.com/live/1372614/Oil-Search-cuts-down-Iraq-presence Australia-listed Oil Search has pulled all non-essential personnel out of its Iraq operations as tension in the region mounts. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372614/Oil-Search-cuts-down-Iraq-presence Tue, 12 Aug 2014 05:47:35 +0000 live O&G to get competitive http://www.upstreamonline.com/live/1372609/OG-to-get-competitive The global oil and gas industry is being driven by greed for control over resources, according to a newly released report. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372609/OG-to-get-competitive Tue, 12 Aug 2014 02:58:01 +0000 live Ecopetrol oilfield attacked http://www.upstreamonline.com/live/1372516/Ecopetrol-oilfield-attacked Bombs set off at Colombian facility close to Venezuelan border but no injuries, report says Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372516/Ecopetrol-oilfield-attacked Mon, 11 Aug 2014 08:30:46 +0000 live Oz strike action to wind down http://www.upstreamonline.com/live/1372506/Oz-strike-action-to-wind-down Strike action affecting the three liquefied natural gas projects in Gladstone, Queensland, has been ordered to stop by the Australian Fair Work Commission. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372506/Oz-strike-action-to-wind-down Mon, 11 Aug 2014 05:58:36 +0000 live ExxonMobil, Rosneft prep Arctic spud http://www.upstreamonline.com/live/1372420/ExxonMobil-Rosneft-prep-Arctic-spud US supermajor ExxonMobil will on Saturday start drilling a controversial well in the Arctic alongside partner Rosneft, according to the Russian government, showing the Texas company is undeterred by sanctions against the Kremlin. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1372420/ExxonMobil-Rosneft-prep-Arctic-spud Fri, 08 Aug 2014 18:36:57 +0000 live Oryx in Kurdistan shut-in http://www.upstreamonline.com/live/1372373/Oryx-in-Kurdistan-shut-in Canada’s Oryx Petroleum is the latest to shut in production in the Kurdistan Regional Government (KRG) territory of Iraq as increasing militant activity in the area sends oil companies scampering. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372373/Oryx-in-Kurdistan-shut-in Fri, 08 Aug 2014 15:16:50 +0000 live Genel pulls non-essential KRG staff http://www.upstreamonline.com/live/1372319/Genel-pulls-non-essential-KRG-staff Genel Energy is pulling some staff out of non-producing assets in the Kurdistan Regional Government (KRG) territory of Iraq as Islamist militants continue to wreak havoc in the region. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372319/Genel-pulls-non-essential-KRG-staff Fri, 08 Aug 2014 09:19:30 +0000 live Afren pulls out of Iraq field http://www.upstreamonline.com/live/1372307/Afren-pulls-out-of-Iraq-field London-listed Afren has suspended its operations at the Barda Rash field in the Kurdistan Regional Government (KRG) territory of Iraq. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1372307/Afren-pulls-out-of-Iraq-field Fri, 08 Aug 2014 07:13:13 +0000 live Obama authorises Iraq air strikes http://www.upstreamonline.com/live/1372301/Obama-authorises-Iraq-air-strikes US President Barack Obama has authorised limited air strikes to blunt the onslaught of Islamic militants in northern Iraq and began military airdrops of humanitarian supplies to besieged religious minorities to prevent a "potential act of genocide." Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1372301/Obama-authorises-Iraq-air-strikes Fri, 08 Aug 2014 04:42:11 +0000 live Russia in US, Euro food ban http://www.upstreamonline.com/live/1372103/Russia-in-US-Euro-food-ban Russia has banned the import of virtually all foodstuffs from the US and European Union in retaliation to sanctions imposed against it over instability in Ukraine. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1372103/Russia-in-US-Euro-food-ban Thu, 07 Aug 2014 12:07:13 +0000 live