www.upstreamonline.com http://www.upstreamonline.com/ www.upstreamonline.com Rosneft inks Egypt LNG deal http://www.upstreamonline.com/live/1405350/rosneft-inks-egypt-lng-deal Rosneft is lining up to supply liquefied natural gas cargoes to energy-deficient Egypt as the pair also signed initial agreements on petroleum product deliveries. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1405350/rosneft-inks-egypt-lng-deal Tue, 07 Jul 2015 12:43:45 +0000 live China to offer fresh onshore acreage http://www.upstreamonline.com/live/1405315/china-to-offer-fresh-onshore-acreage China’s upstream watchdog is to open up six onshore blocks in the far-flung north-western region of Xinjiang for public tender, further indication of the reform of the country’s upstream sector that is tightly controlled by China National Petroleum Corporation (CNPC) and Sinopec. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1405315/china-to-offer-fresh-onshore-acreage Tue, 07 Jul 2015 07:43:51 +0000 live Venezuela recalls ambassador in dispute with Guyana http://www.upstreamonline.com/live/1405311/venezuela-recalls-ambassador-in-dispute-with-guyana Venezuelan President Nicolas Maduro is calling in the country's ambassador in neighbouring Guyana for consultations amid an escalating row over oil exploration in a disputed offshore territory. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1405311/venezuela-recalls-ambassador-in-dispute-with-guyana Tue, 07 Jul 2015 04:48:42 +0000 live Fracking facing crisis of trust from public http://www.upstreamonline.com/live/1405230/fracking-facing-crisis-of-trust-from-public Proponents of hydraulic fracturing faced disappointment on both sides of the Atlantic last week, with shale drilling plans blocked by a local authority in the UK and New York state formalising its ban on the technology across the water. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1405230/fracking-facing-crisis-of-trust-from-public Mon, 06 Jul 2015 12:17:12 +0000 live Bendine takes a pragmatic stand http://www.upstreamonline.com/live/1405153/bendine-takes-a-pragmatic-stand The new business plan unveiled by Petrobras is an attempt to achieve a soft landing for a company that has paid a high price for the overweening ambitions of government masters. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1405153/bendine-takes-a-pragmatic-stand Fri, 03 Jul 2015 15:34:47 +0000 live Kuwaiti unity after IS mosque attack http://www.upstreamonline.com/live/1405108/kuwaiti-unity-after-is-mosque-attack A suicide attack on a mosque in Kuwait brought together the oil rich Persian Gulf state’s rival Sunni and Shia Muslim sects in a rare show of unity. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1405108/kuwaiti-unity-after-is-mosque-attack Fri, 03 Jul 2015 08:20:02 +0000 live BP in $18.7bn Macondo settlement http://www.upstreamonline.com/incoming/1405046/bp-in-usd-187bn-macondo-settlement BP has reached a record-setting agreement with the US federal government and five states that will see the UK supermajor dish out $18.7 billion over the 2010 Gulf of Mexico oil spill. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1405046/bp-in-usd-187bn-macondo-settlement Thu, 02 Jul 2015 13:12:57 +0000 ece_incoming Johan Sverdrup spoils divvied up http://www.upstreamonline.com/live/1405002/johan-sverdrup-spoils-divvied-up Two partners in the Johan Sverdrup field development have seen their ownership stakes reduced while another two have increased their share as authorities decided on the apportioning of interests in the giant field off Norway. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1405002/johan-sverdrup-spoils-divvied-up Thu, 02 Jul 2015 07:38:25 +0000 live Oklahoma court opens door for quake suits http://www.upstreamonline.com/live/1404987/oklahoma-court-opens-door-for-quake-suits Oklahoma's Supreme Court has ruled that homeowners sustaining injuries from earthquakes in the US state can sue energy companies for damages if the tremblors were caused by oil and gas activities. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1404987/oklahoma-court-opens-door-for-quake-suits Wed, 01 Jul 2015 21:43:16 +0000 live Oil & gas implications in US health ruling http://www.upstreamonline.com/live/1404861/oil-and-gas-implications-in-us-health-ruling The US Supreme Court's decision last week to uphold the foundation of President Barack Obama's health care reform may have sickened many political conservatives, but language in the ruling could make it easier for industries like oil and gas to fight regulations in the future, according to legal experts. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1404861/oil-and-gas-implications-in-us-health-ruling Wed, 01 Jul 2015 17:53:27 +0000 live Uganda acreage attracts players http://www.upstreamonline.com/live/1404848/uganda-acreage-attracts-players Nineteen companies have submitted expressions of interest to bid for acreage in Uganda’s six-block licensing round. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404848/uganda-acreage-attracts-players Wed, 01 Jul 2015 16:02:41 +0000 live Ukraine halts Russian gas imports http://www.upstreamonline.com/incoming/1404801/ukraine-halts-russian-gas-imports Ukraine has suspended Russian gas purchases stating on Wednesday amid failed talks on a pricing plan for the next period. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1404801/ukraine-halts-russian-gas-imports Wed, 01 Jul 2015 08:22:14 +0000 ece_incoming New York formally bans fracking http://www.upstreamonline.com/live/1404649/new-york-formally-bans-fracking The US state of New York has formally banned hydraulic fracturing after a final report from environmental officials affirmed previous conclusions. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1404649/new-york-formally-bans-fracking Mon, 29 Jun 2015 20:38:05 +0000 live Pennsylvania to cut FracFocus ties http://www.upstreamonline.com/live/1404647/pennsylvania-to-cut-fracfocus-ties The Pennsylvania Department of Environmental Protection is ending its partnership with online database FracFocus to develop its own website where drillers will be required to disclose what chemicals they use in the hydraulic fracturing process. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1404647/pennsylvania-to-cut-fracfocus-ties Mon, 29 Jun 2015 19:28:56 +0000 live Petrobras slashes spending in new plan http://www.upstreamonline.com/live/1404598/petrobras-slashes-spending-in-new-plan Brazil's Petrobras has finally unveiled its much-awaited five-year business plan, cutting investments by more than 40%, as the company tries to reduce debt leverage and enhance shareholder value. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404598/petrobras-slashes-spending-in-new-plan Mon, 29 Jun 2015 13:35:20 +0000 live Saudi fixation with Iran is damaging http://www.upstreamonline.com/live/1404573/saudi-fixation-with-iran-is-damaging WikiLeaks has released more secret documents that further underline Saudi Arabia’s obsession with Iran’s growing regional influence. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404573/saudi-fixation-with-iran-is-damaging Mon, 29 Jun 2015 09:18:56 +0000 live Argentina orders seizure of Falkland explorers assets http://www.upstreamonline.com/live/1404525/argentina-orders-seizure-of-falkland-explorers-assets A federal judge in Argentina has ordered the seizure of assets of five oil companies operating off the disputed Falkland Islands in the South Atlantic. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1404525/argentina-orders-seizure-of-falkland-explorers-assets Mon, 29 Jun 2015 00:08:32 +0000 live Alberta appoints royalty review chair http://www.upstreamonline.com/live/1404510/alberta-appoints-royalty-review-chair Alberta has taken its first step towards a full-scale review of the Canadian province's royalty structure by appointing a panel chair. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1404510/alberta-appoints-royalty-review-chair Fri, 26 Jun 2015 22:55:18 +0000 live Buhari dissolves NNPC board http://www.upstreamonline.com/live/1404505/buhari-dissolves-nnpc-board Nigeria's new president Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa's biggest crude producer. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1404505/buhari-dissolves-nnpc-board Fri, 26 Jun 2015 20:06:12 +0000 live Papering over the cracks in Russia http://www.upstreamonline.com/live/1404347/papering-over-the-cracks-in-russia Russia’s state-controlled companies Rosneft and Gazprom have made every effort to persuade President Vladimir Putin at last week’s Russian economic forum in St Petersburg that it is business as usual — despite US and European sanctions against the country. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404347/papering-over-the-cracks-in-russia Fri, 26 Jun 2015 08:58:51 +0000 live Greenpeace eyes next fracking win http://www.upstreamonline.com/incoming/1404456/greenpeace-eyes-next-fracking-win Greenpeace activists are hoping for a further vote against hydraulic fracturing in the UK after a local government rejected an application, made by Cuadrilla Resources, to explore for shale gas in northern England. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1404456/greenpeace-eyes-next-fracking-win Fri, 26 Jun 2015 08:14:12 +0000 ece_incoming Alberta to phase in carbon tax increase http://www.upstreamonline.com/live/1404412/alberta-to-phase-in-carbon-tax-increase The Alberta government is changing its climate change strategy to include phased carbon tax increases to C$30 (US$24) per tonne and greenhouse gas emissions reductions by 20% by 2017. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1404412/alberta-to-phase-in-carbon-tax-increase Thu, 25 Jun 2015 19:53:31 +0000 live UK officials reject fracking http://www.upstreamonline.com/live/1404409/uk-officials-reject-fracking A local UK government body has denied British explorer Cuadrilla permission to drill and hydraulically fracture up to four wells at a potential shale drilling site, according to reports. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1404409/uk-officials-reject-fracking Thu, 25 Jun 2015 18:30:15 +0000 live Israel gas ruling 'imminent' http://www.upstreamonline.com/live/1404381/israel-gas-ruling-imminent Israel’s Security Cabinet is expected to issue a ruling on Thursday that will allow US-Israeli partners Noble Energy and Delek Group to retain most of their natural gas assets off the country, while putting some up for sale, to resolve a problematic anti-trust issue. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1404381/israel-gas-ruling-imminent Thu, 25 Jun 2015 13:04:57 +0000 live 1000 jobs axed at Estaleiro Maua yard http://www.upstreamonline.com/live/1404336/1000-jobs-axed-at-estaleiro-maua-yard Brazil’s Estaleiro Maua shipyard has laid off 1000 workers as a result of cashflow problems that have put the yard’s order backlog at risk. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404336/1000-jobs-axed-at-estaleiro-maua-yard Thu, 25 Jun 2015 08:51:05 +0000 live Putin kyboshes Ukraine gas discount http://www.upstreamonline.com/live/1404146/putin-kyboshes-ukraine-gas-discount Russian President Vladimir Putin has spoken out against the provision of a gas price discount to its neighbour Ukraine, during his meeting with members of the government on Wednesday. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404146/putin-kyboshes-ukraine-gas-discount Wed, 24 Jun 2015 16:15:18 +0000 live US judge delays start of fracking regs http://www.upstreamonline.com/live/1404140/us-judge-delays-start-of-fracking-regs A US judge has pushed back the start of a rule that would govern hydraulic fracturing on lands and minerals owned by the federal government in response to a lawsuit by industry groups and four states. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1404140/us-judge-delays-start-of-fracking-regs Wed, 24 Jun 2015 15:40:17 +0000 live UK fracking decision deferred http://www.upstreamonline.com/incoming/1404128/uk-fracking-decision-deferred Councillors in a UK local government have postponed until Monday a vote on a hydraulic fracturing proposal made by explorer Cuadrilla Resources. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1404128/uk-fracking-decision-deferred Wed, 24 Jun 2015 13:35:29 +0000 ece_incoming Reliance ends stand-off with regulator http://www.upstreamonline.com/live/1404120/reliance-ends-stand-off-with-regulator Indian private sector giant Reliance Industries is planning to carry out crucial drillstem tests on two key deep-water gas discoveries on Block D6, which could end a long stand-off with upstream regulator Directorate General of Hydrocarbons (DGH). Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404120/reliance-ends-stand-off-with-regulator Wed, 24 Jun 2015 12:41:58 +0000 live Serra slams 'interference' at Petrobras http://www.upstreamonline.com/live/1404100/serra-slams-interference-at-petrobras Opposition Senator Jose Serra used his panel appearance at Brasil Offshore to launch a blistering attack on the way successive Brazilian governments have managed Petrobras, defending his own legislative proposal aimed at freeing the state company from the obligation to operate all new pre-salt contracts. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404100/serra-slams-interference-at-petrobras Wed, 24 Jun 2015 11:44:21 +0000 live Protests mar Brazil pre-salt debate http://www.upstreamonline.com/live/1404052/protests-mar-brazil-pre-salt-debate A debate over possible changes to the rule that obliges Petrobras to invest heavily in all production sharing contracts in the pre-salt province triggered angry protests on the first day of the Brasil Offshore event in Macae. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1404052/protests-mar-brazil-pre-salt-debate Wed, 24 Jun 2015 07:45:24 +0000 live US Navy vet against exports http://www.upstreamonline.com/live/1404031/us-navy-vet-against-exports A retired US naval officer told lawmakers Tuesday that lifting the 40-year-old ban on oil exports could have unforeseen negative impacts on a global scale. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1404031/us-navy-vet-against-exports Wed, 24 Jun 2015 01:03:57 +0000 live Shell faces walrus roadblock in Alaska http://www.upstreamonline.com/live/1404024/shell-faces-walrus-roadblock-in-alaska Green groups are pressuring US authorities to revoke the conditional approval of Shell's 2015 Arctic oil exploration plan because it conflicts with established rules that protect walruses. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1404024/shell-faces-walrus-roadblock-in-alaska Tue, 23 Jun 2015 22:51:59 +0000 live Southern Ute tribe sues US over frack law http://www.upstreamonline.com/live/1404009/southern-ute-tribe-sues-us-over-frack-law The Southern Ute tribe of south-west Colorado has filed a lawsuit against the US government challenging its new hydraulic fracturing rule, which is set to go into effect Wednesday. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1404009/southern-ute-tribe-sues-us-over-frack-law Tue, 23 Jun 2015 17:29:21 +0000 live UK fracking decision due soon http://www.upstreamonline.com/incoming/1403981/uk-fracking-decision-due-soon The UK is expected to decide whether or not to allow fresh shale gas drilling in north-west England, as Lancashire councillors are preparing to vote on a fracking proposal made by British explorer Cuadrilla Resources. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403981/uk-fracking-decision-due-soon Tue, 23 Jun 2015 13:11:05 +0000 ece_incoming Bangladesh ‘bars IOCs from onshore round’ http://www.upstreamonline.com/live/1403917/bangladesh-bars-iocs-from-onshore-round Bangladesh has backtracked on a plan to open up onshore oil and gas acreage in an envisioned future licensing round to foreign players, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403917/bangladesh-bars-iocs-from-onshore-round Tue, 23 Jun 2015 08:27:24 +0000 live Texas beefs up earthquake monitoring http://www.upstreamonline.com/live/1403837/texas-beefs-up-earthquake-monitoring Texas will more than double its existing network of permanent seismometers and add an additional fleet of mobile units in order to better understand increasing earthquake activity that many researchers believe is linked to injection of oil and gas wastewater. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1403837/texas-beefs-up-earthquake-monitoring Mon, 22 Jun 2015 18:30:43 +0000 live EU extends sanctions on Russia http://www.upstreamonline.com/incoming/1403799/eu-extends-sanctions-on-russia The European Union (EU) has extended broad economic sanctions against Russia for a further six months, “to ensure the Minsk agreement is implemented”, officials said on Monday. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403799/eu-extends-sanctions-on-russia Mon, 22 Jun 2015 12:42:29 +0000 ece_incoming Putin ‘awards 25% of Bashneft’ http://www.upstreamonline.com/live/1403794/putin-awards-25-percent-of-bashneft Russian President Vladimir Putin is signing off a quarter of shares in Bashneft to the region in which the re-nationalised oil producer predominantly operates, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403794/putin-awards-25-percent-of-bashneft Mon, 22 Jun 2015 12:13:24 +0000 live Netanyahu roots for Leviathan revival http://www.upstreamonline.com/live/1403774/netanyahu-roots-for-leviathan-revival Noble Energy’s stalled multi-billion dollar Leviathan gas project off Israel is set for a revival amid signs that political issues that have held back its progress may soon be resolved. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403774/netanyahu-roots-for-leviathan-revival Mon, 22 Jun 2015 08:27:47 +0000 live Industry responds to Pope's encyclical http://www.upstreamonline.com/live/1403753/industry-responds-to-popes-encyclical The president of a Texas oil and gas industry group blasted Pope Francis’ recent encyclical, calling the letter anti-capitalist and anti-fossil fuel. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1403753/industry-responds-to-popes-encyclical Fri, 19 Jun 2015 21:16:38 +0000 live WikiLeaks lifts lid on Saudi Arabia http://www.upstreamonline.com/live/1403730/wikileaks-lifts-lid-on-saudi-arabia Opec giant Saudi Arabia is the latest to feel heat from WikiLeaks as the file sharing site opened up the books on “more than half a million cables and other documents” from the Kingdom’s Foreign Ministry. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403730/wikileaks-lifts-lid-on-saudi-arabia Fri, 19 Jun 2015 14:52:30 +0000 live Odebrecht, Andrade Gutierrez execs arrested http://www.upstreamonline.com/live/1403725/odebrecht-andrade-gutierrez-execs-arrested Brazilian federal police on Friday morning arrested the top executives at two of the largest local engineering and construction companies in the country, as part of a new phase of the Car Wash probe that is investigating a massive kickback scheme at Petrobras. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403725/odebrecht-andrade-gutierrez-execs-arrested Fri, 19 Jun 2015 14:02:12 +0000 live BP inks pacts with Rosneft http://www.upstreamonline.com/incoming/1403690/bp-inks-pacts-with-rosneft Russian state-owned Rosneft has signed several long-term agreements with UK supermajor BP for co-operation in production, exploration and refining ventures, the pair said in a joint statement on Friday. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403690/bp-inks-pacts-with-rosneft Fri, 19 Jun 2015 10:05:30 +0000 ece_incoming Operatorship shift on Mahakam http://www.upstreamonline.com/incoming/1403689/operatorship-shift-on-mahakam Total will gain a stake in the Mahakam block off Indonesia that it will share with Inpex once its operating rights expire at the end of 2017, when state-owned Pertamina will take over operatorship, according to a report. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403689/operatorship-shift-on-mahakam Fri, 19 Jun 2015 09:49:08 +0000 ece_incoming FARC blows up Colombia pipeline http://www.upstreamonline.com/live/1403597/farc-blows-up-colombia-pipeline Guerrillas have blown up a key pipeline and oil-pumping facilities in Colombia, causing injuries and forcing state player Ecopetrol to halt some operations, according to reports. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403597/farc-blows-up-colombia-pipeline Thu, 18 Jun 2015 09:01:45 +0000 live OVL seeks investments approval http://www.upstreamonline.com/live/1403583/ovl-seeks-investments-approval India’s ONGC Videsh (OVL) is looking for permission from the government to be able to press the button on investments worth up to $1 billion without prior approval. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403583/ovl-seeks-investments-approval Thu, 18 Jun 2015 07:24:34 +0000 live Statoil close to Bay du Nord agreement http://www.upstreamonline.com/live/1403413/statoil-close-to-bay-du-nord-agreement Statoil and the government of Newfoundland & Labrador are nearing a deal to establish fiscal terms for the development of the large Bay du Nord prospect in the Flemish Pass. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1403413/statoil-close-to-bay-du-nord-agreement Wed, 17 Jun 2015 17:57:45 +0000 live Libya eyes oilfield re-starts http://www.upstreamonline.com/incoming/1403379/libya-eyes-oilfield-re-starts Libya’s National Oil Company (NOC) is planning to resume output at terminals and oilfields all over the country, which have been shut amid local strikes, as it aims to increase production to 600,000 barrels per day, according to reports.  (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403379/libya-eyes-oilfield-re-starts Wed, 17 Jun 2015 12:27:35 +0000 ece_incoming OGUK warns industry of ‘$60 oil world’ http://www.upstreamonline.com/incoming/1403375/oguk-warns-industry-of-usd-60-oil-world The UK offshore oil and gas industry must become sustainable “in a world of $60 oil” to be able to compete globally and ensure it remains “a commercially attractive and predictable place in which to invest”, warned industry body Oil & Gas UK (OGUK). (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403375/oguk-warns-industry-of-usd-60-oil-world Wed, 17 Jun 2015 11:36:28 +0000 ece_incoming DR Congo eyes new hydrocarbons law http://www.upstreamonline.com/incoming/1403341/dr-congo-eyes-new-hydrocarbons-law The Democratic Republic of Congo has adopted a new hydrocarbons code that the country hopes to pass into law, which will allow it to draw more benefits from its expanding oil sector. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1403341/dr-congo-eyes-new-hydrocarbons-law Wed, 17 Jun 2015 08:28:23 +0000 ece_incoming PDVSA ‘nears $5bn China loan’ http://www.upstreamonline.com/live/1403330/pdvsa-nears-usd-5bn-china-loan China is close to handing Venezuela a $5 billion loan in order for state player PDVSA to halt a decline in production, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403330/pdvsa-nears-usd-5bn-china-loan Wed, 17 Jun 2015 07:29:16 +0000 live Pennsylvania slaps Range with $8.9m fine http://www.upstreamonline.com/live/1403310/pennsylvania-slaps-range-with-usd-89m-fine Pennsylvania regulators have levied an $8.9 million fine against Range Resources for failing to fix a well in the Marcellus Shale play that the state says is leaking methane into water wells and an adjacent stream since 2011.  Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1403310/pennsylvania-slaps-range-with-usd-89m-fine Tue, 16 Jun 2015 17:34:30 +0000 live In Amenas terrorist Belmokhtar ‘not dead’ http://www.upstreamonline.com/live/1403243/in-amenas-terrorist-belmokhtar-not-dead Mokhtar Belmokhtar, the terrorist accused of orchestrating the deadly attack on the In Amenas gas plant in Algeria, was not killed by US air strikes in Libya at the weekend, an Islamist group is reported to have claimed. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403243/in-amenas-terrorist-belmokhtar-not-dead Tue, 16 Jun 2015 09:23:01 +0000 live Guyana asks for UN in Venezuela border row http://www.upstreamonline.com/live/1403215/guyana-asks-for-un-in-venezuela-border-row Guyana has reached out to the United Nations to adjudicate a land and maritime border dispute with neighbouring Venezuela that includes acreage atop a potential play-opening discovery by ExxonMobil. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1403215/guyana-asks-for-un-in-venezuela-border-row Mon, 15 Jun 2015 22:43:29 +0000 live IEA: ‘2020 emissions peak possible’ http://www.upstreamonline.com/live/1403154/iea-2020-emissions-peak-possible Energy industry can start to reverse emissions in five years at no net cost if pillars implemented, agency Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403154/iea-2020-emissions-peak-possible Mon, 15 Jun 2015 11:52:16 +0000 live Ex-PetroChina official Liao ‘expelled’ http://www.upstreamonline.com/live/1403128/ex-petrochina-official-liao-expelled Liao Yongyuan, former vice chairman of PetroChina, has been expelled from the Communist Party and will be prosecuted over alleged bribery and other crimes, according to reports. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403128/ex-petrochina-official-liao-expelled Mon, 15 Jun 2015 08:16:37 +0000 live In Amenas terrorist Belmokhtar ‘killed’ http://www.upstreamonline.com/live/1403121/in-amenas-terrorist-belmokhtar-killed Mokhtar Belmokhtar, the Islamist terrorist leader behind the deadly In Amenas gas plant attack in Algeria, has reportedly been killed in Libya by US air strikes. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403121/in-amenas-terrorist-belmokhtar-killed Mon, 15 Jun 2015 07:36:47 +0000 live Chinese graft probe widens http://www.upstreamonline.com/live/1403032/chinese-graft-probe-widens Chinese authorities have inspected six more state companies as the government expands its investigation into corruption at key institutions. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1403032/chinese-graft-probe-widens Fri, 12 Jun 2015 13:51:45 +0000 live Oslo defeated on ice shift http://www.upstreamonline.com/live/1402919/oslo-defeated-on-ice-shift A Norwegian parliamentary committee has rejected a government bid to shift the Arctic ice boundary farther north, fuelling green calls for some northerly blocks on offer in the south-east Barents Sea under the 23rd licensing round to be axed. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1402919/oslo-defeated-on-ice-shift Thu, 11 Jun 2015 12:57:00 +0000 live Norway 'painting overly-bleak' market picture http://www.upstreamonline.com/live/1402878/norway-painting-overly-bleak-market-picture The Norwegian government has been using outdated statistical information to paint an overly-bleak picture of the expected development of the country's petroleum industry, though the motives behind this misdirection remain unclear. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1402878/norway-painting-overly-bleak-market-picture Thu, 11 Jun 2015 07:20:20 +0000 live One hundred scientists call for oil sands moratorium http://www.upstreamonline.com/live/1402867/one-hundred-scientists-call-for-oil-sands-moratorium More than one hundred Canadian and American scientists have attached their signatures to an open letter calling for a moratorium on oil sands development. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1402867/one-hundred-scientists-call-for-oil-sands-moratorium Wed, 10 Jun 2015 23:43:14 +0000 live NOAA expands protected California waters http://www.upstreamonline.com/live/1402863/noaa-expands-protected-california-waters The US has expanded two West Coast marine sanctuaries north of San Francisco, permanently banning the area from activities including oil and gas exploration. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1402863/noaa-expands-protected-california-waters Wed, 10 Jun 2015 20:08:45 +0000 live Mexico midterms bolster PRI http://www.upstreamonline.com/live/1402504/mexico-midterms-bolster-pri Mexico's ruling PRI party came out on top in the country's midterm elections over the weekend, preserving the political faction that opened the country's energy sector to private participation last year. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/1402504/mexico-midterms-bolster-pri Tue, 09 Jun 2015 00:09:30 +0000 live G7 eyes fossil fuel phase-out http://www.upstreamonline.com/incoming/1402471/g7-eyes-fossil-fuel-phase-out The Group of Seven (G7) wealthy democracies have agreed that the world should phase out the use of fossil fuels by the end of this century, German Chancellor Angela Merkel said on Monday. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1402471/g7-eyes-fossil-fuel-phase-out Mon, 08 Jun 2015 15:54:29 +0000 ece_incoming Slovakia in TurkStream proposal http://www.upstreamonline.com/live/1402301/slovakia-in-turkstream-proposal On his visit to Moscow earlier this week, Slovakia's Prime Minister Robert Fico proposed to Russian authorities that they should consider linking the Gazprom-led TurkStream subsea gas pipeline with Eastring pipeline project. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1402301/slovakia-in-turkstream-proposal Fri, 05 Jun 2015 12:25:32 +0000 live Opec keeps output ceiling unchanged http://www.upstreamonline.com/live/1402288/opec-keeps-output-ceiling-unchanged Opec ministers meeting in Vienna have, as expected, decided to keep producing crude at high levels despite relatively low prices. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1402288/opec-keeps-output-ceiling-unchanged Fri, 05 Jun 2015 10:57:06 +0000 live Indonesia gets backing to re-join Opec http://www.upstreamonline.com/incoming/1402289/indonesia-gets-backing-to-re-join-opec Indonesia has gained approval from all Opec members to re-join the oil exporters group seven years after leaving, as rising domestic demand and falling production turned it into a net oil importer. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1402289/indonesia-gets-backing-to-re-join-opec Fri, 05 Jun 2015 10:52:48 +0000 ece_incoming Arkansas to refund sand taxes http://www.upstreamonline.com/live/1402235/arkansas-to-refund-sand-taxes The US state of Arkansas will refund a unit of Weatherford about $1.5 million in taxes and interest after the state's highest court ruled that sand and other proppants qualify as equipment that should not be taxed. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1402235/arkansas-to-refund-sand-taxes Thu, 04 Jun 2015 22:27:24 +0000 live Maryland passes two-year fracking ban http://www.upstreamonline.com/live/1402232/maryland-passes-two-year-fracking-ban Maryland has followed New York to become the second state bordering Pennsylvania to place a moratorium on hydraulic fracturing. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1402232/maryland-passes-two-year-fracking-ban Thu, 04 Jun 2015 22:18:00 +0000 live Opec producers play up investment plans http://www.upstreamonline.com/live/1402134/opec-producers-play-up-investment-plans Oil ministers from Persian Gulf countries at a bi-annual summit with international oil company heads here in Vienna have been lining up all week to unveil new crude production expansion plans or reaffirm existing ambitious targets despite an apparent glut in the market and continuing pressure on prices. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1402134/opec-producers-play-up-investment-plans Thu, 04 Jun 2015 11:24:16 +0000 live Timor-Leste preparing to resume arbitration http://www.upstreamonline.com/live/1402108/timor-leste-preparing-to-resume-arbitration The government of Timor-Leste said it is preparing to reactivate the arbitration proceedings against Australia related to petroleum treaty negotiations between the two countries in 2006. (Russell Searancke) http://www.upstreamonline.com/live/1402108/timor-leste-preparing-to-resume-arbitration Thu, 04 Jun 2015 03:39:10 +0000 live Australia hunts more foreign investment http://www.upstreamonline.com/live/1401910/australia-hunts-more-foreign-investment Australia wants, and needs, continuing foreign investment to realise the full potential of its oil and gas industry and the government is pulling out the stops to achieve this, according to Foreign Minister Julie Bishop. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401910/australia-hunts-more-foreign-investment Wed, 03 Jun 2015 14:16:28 +0000 live Gazprom, CNPC lock horns on Sila Sibiri http://www.upstreamonline.com/live/1401899/gazprom-cnpc-lock-horns-on-sila-sibiri Gazprom and its partner in the Sila Sibiri gas export pipeline from East Siberia to the west of China, China National Petroleum Corporation, remain at odds over the size of required underground gas storage for this ambitious project. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401899/gazprom-cnpc-lock-horns-on-sila-sibiri Wed, 03 Jun 2015 12:08:13 +0000 live US told of bribery evidence in Brazil probe http://www.upstreamonline.com/live/1401852/us-told-of-bribery-evidence-in-brazil-probe Prosecutors investigating Brazil's largest corruption scandal have reportedly notified the US Department of Justice (DOJ) of evidence that at least four foreign companies allegedly paid bribes to win Petrobras contracts. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1401852/us-told-of-bribery-evidence-in-brazil-probe Tue, 02 Jun 2015 22:17:45 +0000 live Russia 'still Wintershall's core market' - CEO http://www.upstreamonline.com/live/1401825/russia-still-wintershalls-core-market-ceo Mario Mehren flags importance of Russian gas to European market but pessimistic on sanctions Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401825/russia-still-wintershalls-core-market-ceo Tue, 02 Jun 2015 16:29:35 +0000 live World Bank backed on routine flaring http://www.upstreamonline.com/live/1401782/world-bank-backed-on-routine-flaring The World Bank, having recently launched an initiative aimed at eliminating routine gas flaring by 2030, has thus far secured endorsements from 10 governments, 10 oil companies and seven development institutions. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401782/world-bank-backed-on-routine-flaring Tue, 02 Jun 2015 13:46:30 +0000 live Pouyanne: 'Total committed to Russia' http://www.upstreamonline.com/live/1401755/pouyanne-total-committed-to-russia Patrick Pouyanne, chief executive of France's Total, has reaffirmed the company's commitment to Russia and to the Yamal LNG development project despite the cooling of relations between Russia and Europe. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401755/pouyanne-total-committed-to-russia Tue, 02 Jun 2015 11:43:21 +0000 live Three arrested in Texas drill site protest http://www.upstreamonline.com/live/1401664/three-arrested-in-texas-drill-site-protest Three protesters were arrested in Denton, Texas on Monday morning after they apparently blocked a gate leading to a drill site. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1401664/three-arrested-in-texas-drill-site-protest Mon, 01 Jun 2015 18:19:33 +0000 live Oklahoma passes law to prohibit frack bans http://www.upstreamonline.com/live/1401498/oklahoma-passes-law-to-prohibit-frack-bans Oklahoma has become the second state to prohibit cities and subdivisions from banning oil and gas activity, including hydraulic fracturing, within their borders. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1401498/oklahoma-passes-law-to-prohibit-frack-bans Fri, 29 May 2015 23:56:17 +0000 live Court validates ConocoPhillips' NPR-A permit http://www.upstreamonline.com/live/1401481/court-validates-conocophillips-npr-a-permit ConocoPhillips can go ahead with its Colville Delta 5 (CD-5) project in the National Petroleum Reserve-Alaska (NPR-A) after a state court upheld a permit granted by the US Army Corps of Engineers. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1401481/court-validates-conocophillips-npr-a-permit Fri, 29 May 2015 15:21:05 +0000 live Buhari sworn in as Nigeria president http://www.upstreamonline.com/live/1401463/buhari-sworn-in-as-nigeria-president Muhammadu Buhari has been sworn in as the new president of major African oil producer Nigeria. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401463/buhari-sworn-in-as-nigeria-president Fri, 29 May 2015 12:21:39 +0000 live US unveils plans for greater sage-grouse http://www.upstreamonline.com/live/1401407/us-unveils-plans-for-greater-sage-grouse The US government introduced plans Thursday to ramp up protection of the greater sage-grouse in 10 states while the bird is still a candidate for the Endangered Species List. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1401407/us-unveils-plans-for-greater-sage-grouse Thu, 28 May 2015 20:10:19 +0000 live NTSB: Shell failures led to Kulluk grounding http://www.upstreamonline.com/live/1401404/ntsb-shell-failures-led-to-kulluk-grounding The 2012 grounding of mobile offshore drilling unit Kulluk in frigid Alaskan waters was the result of poor planning on the part of operator Shell, which bears ultimate responsibility for the accident, US transportation regulators have concluded. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1401404/ntsb-shell-failures-led-to-kulluk-grounding Thu, 28 May 2015 16:49:26 +0000 live Rosneft clarifies '$14bn Venezuela deal' claim http://www.upstreamonline.com/live/1401322/rosneft-clarifies-usd-14bn-venezuela-deal-claim Rosneft has sought to clarify reports that it is to invest $14 billion in Venezuela's oil and gas sector, as the Russian giant aims to significantly raise its output in the Opec nation. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1401322/rosneft-clarifies-usd-14bn-venezuela-deal-claim Thu, 28 May 2015 07:28:24 +0000 live US regulator to report on failed Kulluk tow http://www.upstreamonline.com/live/1401312/us-regulator-to-report-on-failed-kulluk-tow The National Transportation Safety Board (NTSB) of the US will on Thursday issue a report on its investigation into the grounding of Shell's Kulluk rig, an event that capped the Anglo-Dutch supermajor's error-filled 2012 Arctic drilling campaign off Alaska. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1401312/us-regulator-to-report-on-failed-kulluk-tow Wed, 27 May 2015 23:18:18 +0000 live Uncertainty over new Alberta energy minister http://www.upstreamonline.com/live/1401309/uncertainty-over-new-alberta-energy-minister Uncertainty surrounding policies of Alberta's new left-wing party have prompted at least one major operator to delay publication of a future budget. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1401309/uncertainty-over-new-alberta-energy-minister Wed, 27 May 2015 21:41:29 +0000 live APPEA hits out at union campaign http://www.upstreamonline.com/live/1401009/appea-hits-out-at-union-campaign Australian Workers Union is calling for a national gas reservation policy Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1401009/appea-hits-out-at-union-campaign Wed, 27 May 2015 02:59:21 +0000 live Brazil recommends local content updates http://www.upstreamonline.com/live/1400990/brazil-recommends-local-content-updates The Brazilian Petroleum Institute (IBP), representing oil companies and contractors, has issued recommendations for modernising the country’s rules on local content in line with the broad aim of boosting investment and fostering a more competitive domestic supply chain. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1400990/brazil-recommends-local-content-updates Tue, 26 May 2015 19:22:14 +0000 live Halliburton in talks over Nigeria shut down http://www.upstreamonline.com/live/1400988/halliburton-in-talks-over-nigeria-shut-down Services giant Halliburton confirmed it is working with Nigeria's main oil union to resolve a dispute that led to the reported shut down of company operations in the country. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1400988/halliburton-in-talks-over-nigeria-shut-down Tue, 26 May 2015 19:08:17 +0000 live US, Canada, Mexico in climate pact http://www.upstreamonline.com/live/1400962/us-canada-mexico-in-climate-pact The federal energy ministers from Canada, the US and Mexico have formed a North American coalition focused on climate change and energy policy. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400962/us-canada-mexico-in-climate-pact Tue, 26 May 2015 15:42:39 +0000 live Petronas, CNPC remove S Sudan staff http://www.upstreamonline.com/live/1400864/petronas-cnpc-remove-s-sudan-staff Petronas has taken some staff from its operations in Upper Nile State amid recent heavy fighting in the core South Sudanese oil patch, with China National Petroleum Corporation (CNPC) said to have done likewise. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400864/petronas-cnpc-remove-s-sudan-staff Tue, 26 May 2015 08:31:38 +0000 live Royalty law on Romania radar http://www.upstreamonline.com/live/1400846/royalty-law-on-romania-radar Romania's government will send a draft law on royalty taxes for the oil and gas sector to parliament in September, Deputy Finance Minister Dan Manolescu was reported as saying on Monday. (News Wires) http://www.upstreamonline.com/live/1400846/royalty-law-on-romania-radar Mon, 25 May 2015 14:17:24 +0000 live Juba 'retakes' Upper Nile from rebels http://www.upstreamonline.com/live/1400829/juba-retakes-upper-nile-from-rebels South Sudan's government is reported to have wrested control of oil-producing Upper Nile State, the scene of heavy fighting in recent days, from rebel fighters. (News Wires) http://www.upstreamonline.com/live/1400829/juba-retakes-upper-nile-from-rebels Mon, 25 May 2015 07:57:57 +0000 live US senators urge halt on Arctic permits http://www.upstreamonline.com/live/1400775/us-senators-urge-halt-on-arctic-permits Eighteen US senators, all Democrats, have added their voices to the growing campaign against Arctic drilling. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1400775/us-senators-urge-halt-on-arctic-permits Fri, 22 May 2015 23:25:45 +0000 live ExxonMobil denies Iran sanctions lobbying http://www.upstreamonline.com/live/1400758/exxonmobil-denies-iran-sanctions-lobbying US supermajor ExxonMobil denied reports Friday that it had ramped up lobbying efforts with the US government over Iranian sanctions. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1400758/exxonmobil-denies-iran-sanctions-lobbying Fri, 22 May 2015 15:19:50 +0000 live New arrest in Petrobras scandal http://www.upstreamonline.com/incoming/1400744/new-arrest-in-petrobras-scandal Brazil’s federal police have made a new arrest in the Petrobras corruption scandal, marking another phase of Operation Car Wash, according to reports.  (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400744/new-arrest-in-petrobras-scandal Fri, 22 May 2015 12:16:28 +0000 ece_incoming China 'build-up' in Spratlys http://www.upstreamonline.com/live/1400549/china-build-up-in-spratlys China is reportedly bolstering its territorial claim to hydrocarbon-prone waters around the disputed Spratly Islands in the South China Sea by building artificial islands to house military bases. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400549/china-build-up-in-spratlys Thu, 21 May 2015 13:28:33 +0000 live Four dead in South Sudan fighting http://www.upstreamonline.com/live/1400467/four-dead-in-south-sudan-fighting Four people are dead after a United Nations camp in South Sudan came under fire near to where rebel fighters are attempting to gain control of a key oilfield. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400467/four-dead-in-south-sudan-fighting Wed, 20 May 2015 15:15:00 +0000 live Gray backs APPEA http://www.upstreamonline.com/live/1400410/gray-backs-appea Australia's shadow energy minister, Gary Gray, has urged oil and gas companies not to cut back on their support for the Australian Petroleum Production and Exploration Association (APPEA). Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400410/gray-backs-appea Wed, 20 May 2015 01:14:02 +0000 live