www.upstreamonline.com http://www.upstreamonline.com/ www.upstreamonline.com EPA faulted on injection-well oversight http://www.upstreamonline.com/live/1371054/EPA-faulted-on-injection-well-oversight A Congressional watchdog has concluded that the US Environmental Protection Agency has not done enough to ensure the safety of wastewater injection wells. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1371054/EPA-faulted-on-injection-well-oversight Tue, 29 Jul 2014 21:48:09 +0000 live China opens Zhou ‘graft’ probe http://www.upstreamonline.com/live/1371013/China-opens-Zhou-‘graft’-probe China has begun investigating corruption cases surrounding Zhou Yongkang, the former president of China National Petroleum Corporation. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1371013/China-opens-Zhou-‘graft’-probe Tue, 29 Jul 2014 11:38:49 +0000 live BP warns of possible sanctions impact http://www.upstreamonline.com/live/1370982/BP-warns-of-possible-sanctions-impact Further sanctions against Russia or oil giant Rosneft could hit BP in the pocket were they to be imposed by the US or other international powers, the UK supermajor has warned. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370982/BP-warns-of-possible-sanctions-impact Tue, 29 Jul 2014 07:31:49 +0000 live Russia hit with Yukos fine http://www.upstreamonline.com/live/1370903/Russia-hit-with-Yukos-fine A Dutch arbitration court has ordered Moscow to pay $51.6 billion in damages to former shareholders of Yukos over the alleged expropriation of the now defunct Russian oil company. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1370903/Russia-hit-with-Yukos-fine Mon, 28 Jul 2014 08:55:02 +0000 live EU moves closer on tough Russia sanctions http://www.upstreamonline.com/live/1370797/EU-moves-closer-on-tough-Russia-sanctions Brussels considering blocking upstream technology from export to Moscow Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1370797/EU-moves-closer-on-tough-Russia-sanctions Fri, 25 Jul 2014 15:47:18 +0000 live Colorado puts fracking to the vote http://www.upstreamonline.com/live/1370794/Colorado-puts-fracking-to-the-vote The fate of hydraulic fracturing in Colorado will be decided by voters in the US state in November after efforts to find a legislative compromise on controversial proposed regulations failed to garner widespread support. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1370794/Colorado-puts-fracking-to-the-vote Fri, 25 Jul 2014 15:36:33 +0000 live Kenya in $50m World Bank oil loan http://www.upstreamonline.com/live/1370787/Kenya-in-50m-World-Bank-oil-loan Kenya is to receive a $50 million interest-free loan from the World Bank to help build up capacity to manage its oil and gas industry, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370787/Kenya-in-50m-World-Bank-oil-loan Fri, 25 Jul 2014 13:52:26 +0000 live KMG EP in buyout talks http://www.upstreamonline.com/live/1370772/KMG-EP-in-buyout-talks Kazakhstan’s National Company KazMunaiGas (NC KMG) could be ready to take control of London-listed player KazMunaiGas Exploration Production (KMG EP) after making an initial approach. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370772/KMG-EP-in-buyout-talks Fri, 25 Jul 2014 12:11:09 +0000 live Rosneft profit booms in Q2 http://www.upstreamonline.com/live/1370731/Rosneft-profit-booms-in-Q2 Rosneft piled on the profit in the second quarter as production grew and upstream unit costs were slashed. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370731/Rosneft-profit-booms-in-Q2 Fri, 25 Jul 2014 07:54:30 +0000 live Statoil 'alert' to terror threat http://www.upstreamonline.com/live/1370653/Statoil-alert-to-terror-threat Statoil is reported to be in dialogue with the authorities over an “unspecified terror threat” against Norway disclosed by the country’s police security service (PST) on Thursday. stories@upstreamonline.com (Upstream Staff) http://www.upstreamonline.com/live/1370653/Statoil-alert-to-terror-threat Thu, 24 Jul 2014 13:17:09 +0000 live EU eyes 'tech export curbs' on Russia http://www.upstreamonline.com/live/1370634/EU-eyes-tech-export-curbs-on-Russia The European Union is reported to be considering restrictions of technology exports for oil and gas exploitation to Russia in a draft list of sanctions drawn up by the bloc to turn up the financial pressure on Moscow over the Ukraine crisis. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1370634/EU-eyes-tech-export-curbs-on-Russia Thu, 24 Jul 2014 12:23:37 +0000 live Report blasts DEP's regulatory ability http://www.upstreamonline.com/live/1370445/Report-blasts-DEPs-regulatory-ability A government watchdog in Pennsylvania blasted the performance of state’s oil and gas regulator, saying that rapid development in the Marcellus shale play had outpaced the ability of the Department of Environmental Protection (DEP) to police drilling activity. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1370445/Report-blasts-DEPs-regulatory-ability Wed, 23 Jul 2014 20:03:54 +0000 live 'Deadly year' for global terrorism http://www.upstreamonline.com/live/1370171/Deadly-year-for-global-terrorism The death toll from global terrorism has increased by 30% in the past year, with the risk of terrorism having significantly increased in China, Egypt, Kenya and Libya over the 12-month period, according to a new analysis. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1370171/Deadly-year-for-global-terrorism Tue, 22 Jul 2014 23:01:00 +0000 live Iraq ‘OKs Nassiriya oil storage deal’ http://www.upstreamonline.com/live/1370184/Iraq-‘OKs-Nassiriya-oil-storage-deal’ Iraq has given China Petroleum Pipeline the green light to build an oil storage facility at the giant Nassiriya field, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370184/Iraq-‘OKs-Nassiriya-oil-storage-deal’ Tue, 22 Jul 2014 15:22:10 +0000 live UK urged to widen shale checks http://www.upstreamonline.com/live/1370151/UK-urged-to-widen-shale-checks The UK has been urged to expand its oversight and monitoring of shale gas projects by a pair of environmental science non-governmental organisations. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1370151/UK-urged-to-widen-shale-checks Tue, 22 Jul 2014 09:26:40 +0000 live China, Venezuela ink oil pact http://www.upstreamonline.com/live/1370138/China-Venezuela-ink-oil-pact China and Venezuela have signed a series of deals that will see the pair co-operate on the development of oil projects, with crude also being shipped from the South American oil powerhouse. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370138/China-Venezuela-ink-oil-pact Tue, 22 Jul 2014 07:54:46 +0000 live US report supports natural gas http://www.upstreamonline.com/live/1370129/US-report-supports-natural-gas Despite misgivings by environmental protesters in Australia, the benefits of shale gas and coalbed methane have been highlighted in a report by the US Proceedings of the National Academy of Sciences. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1370129/US-report-supports-natural-gas Tue, 22 Jul 2014 06:25:33 +0000 live Mexico senate OKs Pemex overhaul http://www.upstreamonline.com/live/1370090/Mexico-senate-OKs-Pemex-overhaul Mexico's senate has signed off on three of four bills to implement historic energy reform in the country, with the latest proposal covering structural changes to state oil company Pemex and the country's federal electricity commission (CFE). Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/live/1370090/Mexico-senate-OKs-Pemex-overhaul Mon, 21 Jul 2014 16:53:43 +0000 live Ex-Opec chief Lukman dies http://www.upstreamonline.com/live/1370058/Ex-Opec-chief-Lukman-dies Former Opec secretary general and president Alhaji Rilwanu Lukman has died in Vienna. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1370058/Ex-Opec-chief-Lukman-dies Mon, 21 Jul 2014 12:31:47 +0000 live Celtique Energie faces drill denial http://www.upstreamonline.com/live/1370034/Celtique-Energie-faces-drill-denial Celtique Energie’s plans to drill the Wisborough Green prospect onshore southern England may be about to run into trouble after the local council was advised to turn down its application for a vertical well. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1370034/Celtique-Energie-faces-drill-denial Mon, 21 Jul 2014 09:00:07 +0000 live Rosneft Ukraine refinery ‘razed’ http://www.upstreamonline.com/live/1369915/Rosneft-Ukraine-refinery-‘razed’ A Rosneft-owned refinery in Ukraine has been hit by shelling, causing an oil reservoir to go up in flames, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369915/Rosneft-Ukraine-refinery-‘razed’ Fri, 18 Jul 2014 13:19:58 +0000 live Rosneft ‘maintains strategy’ despite sanctions http://www.upstreamonline.com/live/1369893/Rosneft-‘maintains-strategy’-despite-sanctions Rosneft’s cash flows will allow it to carry on with current projects in the face of sanctions imposed on the Russian oil behemoth by the US Treasury Department this week, the company has said. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369893/Rosneft-‘maintains-strategy’-despite-sanctions Fri, 18 Jul 2014 09:15:41 +0000 live Croatia onshore round launch nears http://www.upstreamonline.com/live/1369803/Croatia-onshore-round-launch-nears Croatia is to launch its anticipated first onshore licensing round on Friday with six blocks on the menu. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369803/Croatia-onshore-round-launch-nears Thu, 17 Jul 2014 14:27:44 +0000 live Novatek’s Yamal LNG 'unaffected' by sanctions http://www.upstreamonline.com/live/1369802/Novatek’s-Yamal-LNG-unaffected-by-sanctions Novatek’s giant Yamal LNG project will continue apace, despite sanctions being imposed on the Russian independent by the US this week. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369802/Novatek’s-Yamal-LNG-unaffected-by-sanctions Thu, 17 Jul 2014 14:01:36 +0000 live UK to tackle energy investment ‘barriers’ http://www.upstreamonline.com/live/1369798/UK-to-tackle-energy-investment-‘barriers’ The UK government is aiming to remove barriers to investment in energy infrastructure as it unveiled its first report on energy investment in the country. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369798/UK-to-tackle-energy-investment-‘barriers’ Thu, 17 Jul 2014 13:26:57 +0000 live Sechin lashes latest US sanctions http://www.upstreamonline.com/live/1369636/Sechin-lashes-latest-US-sanctions Rosneft chairman Igor Sechin has hit out at fresh US sanctions against the Russian oil behemoth, terming them “groundless, biased and illegal,” as the company’s share price slumped in London. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369636/Sechin-lashes-latest-US-sanctions Thu, 17 Jul 2014 09:31:13 +0000 live Clontarf, Petrel resolve Ghana legal spat http://www.upstreamonline.com/live/1369634/Clontarf-Petrel-resolve-Ghana-legal-spat Shares in Irish juniors Clontarf Energy and Petrel Resources had mixed fortunes after the pair reached an agreement with Ghanaian authorities in a legal battle over disputed acreage. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369634/Clontarf-Petrel-resolve-Ghana-legal-spat Thu, 17 Jul 2014 07:22:25 +0000 live Australia scraps carbon tax http://www.upstreamonline.com/live/1369628/Australia-scraps-carbon-tax The body representing Australia’s upstream industry has welcomed the abolishment of the country’s controversial carbon tax. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1369628/Australia-scraps-carbon-tax Thu, 17 Jul 2014 03:56:06 +0000 live Rosneft falls under new US sanctions http://www.upstreamonline.com/live/1369607/Rosneft-falls-under-new-US-sanctions The White House has ramped up its sanctions on Russia over the crisis in Ukraine with top energy producer Rosneft added to the list of entities barred from financial dealings with the US. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1369607/Rosneft-falls-under-new-US-sanctions Wed, 16 Jul 2014 22:02:50 +0000 live Texas city frac ban heads to ballot http://www.upstreamonline.com/live/1369595/Texas-city-frac-ban-heads-to-ballot A motion to ban hydraulic fracturing in a North Texas city will head to a public vote in November after the city council voted down a petition that would have been the first in the hydrocarbon-rich state to prohibit the controversial completion practice. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1369595/Texas-city-frac-ban-heads-to-ballot Wed, 16 Jul 2014 16:52:20 +0000 live Tullow loses Uganda tax appeal http://www.upstreamonline.com/live/1369590/Tullow-loses-Uganda-tax-appeal Uganda's Tax Appeals Tribunal has ruled that Tullow Oil is liable to pay $407 million in capital gains tax to the government after farming out stakes in its Lake Albert acreage two years ago. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369590/Tullow-loses-Uganda-tax-appeal Wed, 16 Jul 2014 16:21:15 +0000 live Norway appeals Transocean tax case verdict http://www.upstreamonline.com/live/1369582/Norway-appeals-Transocean-tax-case-verdict Norway is to appeal a recent decision by an Oslo court to clear rig giant Transocean of all charges relating to a long-running tax evasion case. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369582/Norway-appeals-Transocean-tax-case-verdict Wed, 16 Jul 2014 14:36:57 +0000 live UK in $26m regulator fund http://www.upstreamonline.com/live/1369563/UK-in-26m-regulator-fund The UK government is to throw around $26 million in funding over the next five years to kick-start the establishment of the country's new industry regulator. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369563/UK-in-26m-regulator-fund Wed, 16 Jul 2014 11:55:01 +0000 live Australian O&G industry to grow http://www.upstreamonline.com/live/1369535/Australian-OG-industry-to-grow The Australian oil and gas exploration is set to surge over the next financial year, according to a market research company. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1369535/Australian-OG-industry-to-grow Wed, 16 Jul 2014 06:09:54 +0000 live Judge upholds $3m award in fracking suit http://www.upstreamonline.com/live/1369520/Judge-upholds-3m-award-in-fracking-suit A Texas judge upheld a $3 million jury verdict by ruling in favour of a family who claimed oil and gas drilling near their land made them sick, according to a report. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1369520/Judge-upholds-3m-award-in-fracking-suit Tue, 15 Jul 2014 23:00:06 +0000 live Repsol set for final nod on Canary drilling http://www.upstreamonline.com/live/1369473/Repsol-set-for-final-nod-on-Canary-drilling Repsol could start drilling off the Canary Islands as soon as October, Spain’s industry and energy minister Jose Manuel Soria has said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1369473/Repsol-set-for-final-nod-on-Canary-drilling Tue, 15 Jul 2014 11:19:12 +0000 live UK appoints new energy minister http://www.upstreamonline.com/live/1369453/UK-appoints-new-energy-minister Matthew Hancock has been appointed as the UK's new energy minister in a cabinet reshuffle that saw his predecessor Michael Fallon promoted to Defence Secretary. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1369453/UK-appoints-new-energy-minister Tue, 15 Jul 2014 09:30:06 +0000 live Oz Senate debates offshore legislation http://www.upstreamonline.com/live/1369437/Oz-Senate-debates-offshore-legislation Legislation currently passing through the Australian Senate could affect the outcome of investment in the offshore oil and gas industry. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1369437/Oz-Senate-debates-offshore-legislation Tue, 15 Jul 2014 05:19:30 +0000 live Reliance fined $579m more in India http://www.upstreamonline.com/live/1369391/Reliance-fined-579m-more-in-India Lower-than-expected gas production at deep-water block sees private player hit with further levy Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369391/Reliance-fined-579m-more-in-India Mon, 14 Jul 2014 13:24:22 +0000 live Nigeria offshore attacks drop http://www.upstreamonline.com/live/1369383/Nigeria-offshore-attacks-drop The number of security incidents in the Gulf of Guinea decreased in the second quarter, but a Chevron-connected convoy was involved in a shootout and offshore vessels continued to be targeted, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369383/Nigeria-offshore-attacks-drop Mon, 14 Jul 2014 12:43:53 +0000 live UK launches oil & gas tax consultation http://www.upstreamonline.com/live/1369365/UK-launches-oil--gas-tax-consultation The UK government has opened a 12-week consultation on how the oil & gas tax regime can encourage investment in the North Sea while offering the taxpayer a fair share of the profits. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1369365/UK-launches-oil--gas-tax-consultation Mon, 14 Jul 2014 10:00:23 +0000 live US cracks down on foreign pipe http://www.upstreamonline.com/incoming/1369285/US-cracks-down-on-foreign-pipe The US Commerce Department on Friday set duties on South Korean steel pipe used in the oil and natural gas industry, reversing itself after intense lobbying from local producers, workers and lawmakers. Kathrine.Schmidt@upstreamonline.com (Kathrine Schmidt) http://www.upstreamonline.com/incoming/1369285/US-cracks-down-on-foreign-pipe Fri, 11 Jul 2014 22:00:55 +0000 ece_incoming Church council to pull fossil fuel funds http://www.upstreamonline.com/live/1369272/Church-council-to-pull-fossil-fuel-funds Oil companies will be praying that they will not be too hard hit by a decision from the World Council of Churches (WCC) to pull investments in the fossil fuel industry. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369272/Church-council-to-pull-fossil-fuel-funds Fri, 11 Jul 2014 16:04:42 +0000 live Ireland appoints new energy minister http://www.upstreamonline.com/live/1369259/Ireland-appoints-new-energy-minister Ireland’s energy minister Pat Rabbitte has been dropped from his ministry and replaced by Alex White in a cabinet reshuffle announced in Dublin on Friday. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1369259/Ireland-appoints-new-energy-minister Fri, 11 Jul 2014 13:37:22 +0000 live Kurds seize oilfields near Kirkuk http://www.upstreamonline.com/live/1369257/Kurds-seize-oilfields-near-Kirkuk The Kurdistan Regional Government has confirmed it took control of North Oil Company-operated oilfields in northern Iraq including Kirkuk, Bai Hassan and Makmour to prevent alleged pipeline sabotage it claimed had been ordered by Baghdad. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369257/Kurds-seize-oilfields-near-Kirkuk Fri, 11 Jul 2014 12:43:07 +0000 live Irish watchdog rejects Shell gift claims http://www.upstreamonline.com/live/1369232/Irish-watchdog-rejects-Shell-gift-claims Ireland’s police watchdog has cleared the force of allegations it received gifts of alcohol from an intermediary firm on behalf of Shell at the height of the Corrib gas protests in the west of the country in the mid-2000s. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1369232/Irish-watchdog-rejects-Shell-gift-claims Fri, 11 Jul 2014 10:08:25 +0000 live Mexican Congress ‘near energy reform vote’ http://www.upstreamonline.com/live/1369219/Mexican-Congress-‘near-energy-reform-vote’ Upper house to vote next week as Senate moves closer to implementing energy reforms, report says Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369219/Mexican-Congress-‘near-energy-reform-vote’ Fri, 11 Jul 2014 08:06:32 +0000 live Libya’s El Sharara field ups flows http://www.upstreamonline.com/live/1369131/Libya’s-El-Sharara-field-ups-flows Libya’s giant El Sharara oilfield upped production this week but remains a long way off full output. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369131/Libya’s-El-Sharara-field-ups-flows Thu, 10 Jul 2014 14:44:57 +0000 live Russian explorers ‘near Cuban block deal’ http://www.upstreamonline.com/live/1369076/Russian-explorers-‘near-Cuban-block-deal’ Russian oil companies Rosneft and Zarubezhneft are set to imminently sign a deal to explore a block off Cuba, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1369076/Russian-explorers-‘near-Cuban-block-deal’ Thu, 10 Jul 2014 09:31:22 +0000 live Union official taken to court http://www.upstreamonline.com/live/1368945/Union-official-taken-to-court The Australian Fair Work Building Industry Inspectorate (FWBI) has launched a court case against an Australian union. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1368945/Union-official-taken-to-court Thu, 10 Jul 2014 03:49:18 +0000 live ONGC drilling starts amid protests http://www.upstreamonline.com/live/1368840/ONGC-drilling-starts-amid-protests India’s state-owned Oil & Natural Gas Corporation (ONGC) has started drilling in Tamil Nadu, amid strong resistance and protests by locals. (Nishant Ugal) http://www.upstreamonline.com/live/1368840/ONGC-drilling-starts-amid-protests Wed, 09 Jul 2014 07:25:27 +0000 live Germany 'drafting ban on fracking' http://www.upstreamonline.com/live/1368767/Germany-drafting-ban-on-fracking Germany’s new government has said it plans to draft a law that would ban hydraulic fracturing for shale gas for seven years, reports have said. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1368767/Germany-drafting-ban-on-fracking Tue, 08 Jul 2014 14:29:56 +0000 live ONGC ‘in $2.2bn bond sale’ http://www.upstreamonline.com/live/1368756/ONGC-‘in-2.2bn-bond-sale’ India’s Oil & Natural Gas Corporation (ONGC) has raised more than $.2.2 billion in a bond sale to help pay for the company’s offshore asset purchases in Mozambique, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1368756/ONGC-‘in-2.2bn-bond-sale’ Tue, 08 Jul 2014 12:53:54 +0000 live Bangladesh wins Bay of Bengal dispute http://www.upstreamonline.com/live/1368752/Bangladesh-wins-Bay-of-Bengal-dispute Bangladesh has been awarded more than four-fifths of an offshore area sprawling over 25,000 square kilometres in the Bay of Bengal, putting an end to a lengthy maritime dispute with neighbour India, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1368752/Bangladesh-wins-Bay-of-Bengal-dispute Tue, 08 Jul 2014 12:24:31 +0000 live White Rose CCS gets $408m boost http://www.upstreamonline.com/live/1368745/White-Rose-CCS-gets-408m-boost The European Commission has formally awarded €300 million ($408 million) to the White Rose carbon capture and storage (CCS) project in Yorkshire, UK – the first CCS project to win funding under the EU’s NER 300 funding programme. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1368745/White-Rose-CCS-gets-408m-boost Tue, 08 Jul 2014 11:44:58 +0000 live Uganda troops ‘sent to oil patches’ http://www.upstreamonline.com/live/1368660/Uganda-troops-‘sent-to-oil-patches’ Uganda has stepped up security near key oilfields after fighting between militants and government troops left more than 70 dead, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1368660/Uganda-troops-‘sent-to-oil-patches’ Mon, 07 Jul 2014 14:25:45 +0000 live Vanoil eyes Kenya arbitration http://www.upstreamonline.com/live/1368652/Vanoil-eyes-Kenya-arbitration Canadian junior Vanoil Energy looks to be taking the Kenyan government to arbitration over a drawn-out negotiations process for a pair of licence renewals. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1368652/Vanoil-eyes-Kenya-arbitration Mon, 07 Jul 2014 13:36:06 +0000 live DNO resumes output at Yemen blocks http://www.upstreamonline.com/live/1368625/DNO-resumes-output-at-Yemen-blocks DNO has resumed production at a pair of blocks in Yemen where strike action and other labour issues forced the Oslo-listed explorer to halt output for two weeks. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1368625/DNO-resumes-output-at-Yemen-blocks Mon, 07 Jul 2014 09:45:31 +0000 live Scotland expert report 'urges lower taxes' http://www.upstreamonline.com/live/1368619/Scotland-expert-report-urges-lower-taxes The North Sea needs a stable fiscal regime with more competitive tax terms to attract investment to a mature basin, an expert report for the Scottish government has found. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1368619/Scotland-expert-report-urges-lower-taxes Mon, 07 Jul 2014 09:04:45 +0000 live Metgasco goes ahead with court date http://www.upstreamonline.com/live/1368448/Metgasco-goes-ahead-with-court-date Australian natural gas producer Metgasco has decided to push forward with a judicial review of the New South Wales’ government’s decision to suspend its drilling. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1368448/Metgasco-goes-ahead-with-court-date Fri, 04 Jul 2014 01:23:58 +0000 live Libya's NOC eyes quick export restart http://www.upstreamonline.com/live/1368185/Libyas-NOC-eyes-quick-export-restart Libya’s National Oil Company could lift the force majeure on Ras Lanuf and Es Sider as soon as Thursday after a fresh deal with rebels the country’s new interim leader described as the official end to the Libya oil crisis, reports have said. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/1368185/Libyas-NOC-eyes-quick-export-restart Thu, 03 Jul 2014 09:42:26 +0000 live Oxy Middle East stake sale 'falters' http://www.upstreamonline.com/live/1368173/Oxy-Middle-East-stake-sale-falters Occidental Petroleum’s intended sale of a large chunk of its Middle East assets has hit the skids, with smaller piecemeal divestments now on the cards, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1368173/Oxy-Middle-East-stake-sale-falters Thu, 03 Jul 2014 07:52:57 +0000 live Congo joins transparency group http://www.upstreamonline.com/live/1368158/Congo-joins-transparency-group The Democratic Republic of Congo has been given full membership to the Extractive Industries Transparency Initiative (EITI), the global organisation which promotes good management of oil, gas and mineral resources. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/1368158/Congo-joins-transparency-group Thu, 03 Jul 2014 00:52:17 +0000 live New flaring rules in North Dakota http://www.upstreamonline.com/live/1368132/New-flaring-rules-in-North-Dakota North Dakota is taking the next step in its efforts to reduce flaring in the state, imposing restrictions on oil producers who cannot meet strict targets for curbing the burning off of gas. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1368132/New-flaring-rules-in-North-Dakota Wed, 02 Jul 2014 17:36:47 +0000 live Gazprom ‘contests $48m Lithuania fine’ http://www.upstreamonline.com/live/1367967/Gazprom-‘contests-48m-Lithuania-fine’ Gazprom has challenged a $48 million fine slapped on the Russian gas monopoly for allegedly hindering competition in the Lithuanian utilities market, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1367967/Gazprom-‘contests-48m-Lithuania-fine’ Tue, 01 Jul 2014 14:48:20 +0000 live Lego lands Shell in hot water over Arctic http://www.upstreamonline.com/live/1367905/Lego-lands-Shell-in-hot-water-over-Arctic Greenpeace continues to build its case against Arctic drilling, its latest high-profile protest piecing together a pair of blockbuster companies: Shell and Lego. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1367905/Lego-lands-Shell-in-hot-water-over-Arctic Tue, 01 Jul 2014 11:52:11 +0000 live Safety fears halt Serinus in Ukraine http://www.upstreamonline.com/live/article1367560.ece Fears over personnel safety have forced Canada's Serinus Energy to call a halt to development and drilling operations in Ukraine. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1367560.ece Fri, 27 Jun 2014 12:16:10 +0000 live Gazprom denies OMV sale talks http://www.upstreamonline.com/live/article1367533.ece Russia's Gazprom on Friday denied it is in talks to buy a stake in Austrian oil & gas company OMV from Abu Dhabi’s International Petroleum Investment Company (Ipic). Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1367533.ece Fri, 27 Jun 2014 10:08:23 +0000 live BP, Rosneft in oil products deal http://www.upstreamonline.com/live/article1367511.ece BP and Rosneft have signed a multi-billion-dollar deal that will see the Russian giant supply oil products and possibly oil for a period of five years. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1367511.ece Fri, 27 Jun 2014 07:12:59 +0000 live Fire ‘controlled’ at deadly Gail gas pipe blast http://www.upstreamonline.com/live/article1367509.ece More than a dozen people have been killed after a gas pipeline operated by India’s Gail exploded and erupted in flames in the state of Andhra Pradesh, with many more injured. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1367509.ece Fri, 27 Jun 2014 06:52:25 +0000 live House passes offshore drilling bill http://www.upstreamonline.com/live/article1367478.ece The US House of Representatives voted 229-185 on Thursday in favour of a bill that would press the Department of Interior and the Obama administration to open up more acreage for drilling offshore the US west and east coasts and off Alaska. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1367478.ece Thu, 26 Jun 2014 22:51:22 +0000 live BP’s North Alex ‘a go’ off Egypt http://www.upstreamonline.com/live/article1367416.ece BP’s multi-million-dollar North Alexandria gas field development in the Mediterranean off Egypt is back up and running, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1367416.ece Thu, 26 Jun 2014 15:01:12 +0000 live 'No change' to US oil export rules http://www.upstreamonline.com/live/article1367162.ece An Obama administration spokesman clarified a decision made by the Commerce Department that appeared to signal an easing of a ban on exporting oil, saying there had been no change to federal rules that forbid sending crude overseas. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1367162.ece Wed, 25 Jun 2014 21:34:15 +0000 live Michigan charges mount against Chesapeake http://www.upstreamonline.com/live/article1367142.ece Michigan’s attorney general has added another 12 charges in his case against the leasing practices of Chesapeake Energy, bringing the total number of counts filed against the US shale giant to 24. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1367142.ece Wed, 25 Jun 2014 18:19:41 +0000 live Cantabria fracking ban thrown out http://www.upstreamonline.com/live/article1367141.ece Spain's Constitutional Court has thrown out a law against hydraulic fracturing for shale gas and oil in the northern region of Cantabria, saying the matter is up to the central government, according to a report. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1367141.ece Wed, 25 Jun 2014 17:51:26 +0000 live Repsol wins Canary Islands case http://www.upstreamonline.com/live/article1366941.ece Spain’s Supreme Court has rejected legal appeals against a Repsol-led joint venture’s plans for exploratory drilling off the country’s Canary Islands. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1366941.ece Tue, 24 Jun 2014 13:43:39 +0000 live ISIS ‘takes control of Iraqi refinery’ http://www.upstreamonline.com/live/article1366925.ece Radical Sunni militants claim to have taken full control over Iraq’s largest refinery, as US Secretary of State John Kerry calls for Baghdad and the Kurdistan Regional Government to work together to combat the insurgency. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366925.ece Tue, 24 Jun 2014 09:56:08 +0000 live Austria backs South Stream pipeline http://www.upstreamonline.com/live/article1366854.ece Austria has said it remains committed to the Gazprom-led South Stream pipeline project despite the crisis in Ukraine. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1366854.ece Mon, 23 Jun 2014 13:24:48 +0000 live CNPC censured in state audit http://www.upstreamonline.com/live/article1366725.ece China's National Audit Office has found irregularities at 11 state-owned conglomerates, including China National Petroleum Corporation. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1366725.ece Fri, 20 Jun 2014 14:02:06 +0000 live Mexico Congress may miss reform deadline http://www.upstreamonline.com/live/article1366645.ece Mexico's Congress looks set to miss a June deadline to finalise legislation that would enable the country to complete an overhaul to its energy sector. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1366645.ece Thu, 19 Jun 2014 21:43:26 +0000 live China overseas expansion 'not colonialist' http://www.upstreamonline.com/live/article1366633.ece China’s overseas upstream expansion is a learning curve for its national oil companies seeking to become international players, but is by no means a form of “colonial exploitation,” delegates at the World Petroleum Congress in Moscow were told. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366633.ece Thu, 19 Jun 2014 16:39:15 +0000 live Novak lambasts 'geopolitical leverage' http://www.upstreamonline.com/live/article1366629.ece Russian Energy Minister Aleksandr Novak has accused the outside world of employing "geopolitical leverage" to gain a competitive advantage for gas sales to Europe, and of distorting "the existing balance of relations between energy suppliers and consumers". Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366629.ece Thu, 19 Jun 2014 16:26:07 +0000 live Battle for control of Iraq's Baiji refinery http://www.upstreamonline.com/live/article1366595.ece The see-saw battle between rebels and security forces for control of Iraq’s main oil refinery Baiji continued on Thursday, with conflicting reports over the latest state of the insurgency. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1366595.ece Thu, 19 Jun 2014 14:31:33 +0000 live Gas markets 'entering golden age' http://www.upstreamonline.com/live/article1366404.ece The global gas market is entering a "golden age", with countries like US and Australia leading the liquefied natural gas charge to meet Asia growing energy demands to 2035. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366404.ece Thu, 19 Jun 2014 10:19:56 +0000 live China sends second rig to disputed waters http://www.upstreamonline.com/live/article1366399.ece China has reportedly dispatched a second semi-sumbersible drilling unit to disputed waters between China and Vietnam known as the South China Sea or East Vietnam Sea. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1366399.ece Thu, 19 Jun 2014 09:49:19 +0000 live Shale gale 'set to spread' - IEA http://www.upstreamonline.com/live/article1366355.ece The unconventionals revolution is poised to enter a new stage, maturing into an increasing global phenomenon beyond the US before the end of the decade, said Keisuke Sadamori, director of energy markets & security directorate of Paris-based International Energy Agency (IEA). Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366355.ece Wed, 18 Jun 2014 16:32:09 +0000 live Colombia in green drive http://www.upstreamonline.com/live/article1366307.ece Colombia is introducing legislation on energy efficiency to complement its low-emissions plan that aims to reduce carbon dioxide emissions and create green growth alternatives. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1366307.ece Wed, 18 Jun 2014 10:39:16 +0000 live Petronas workers join Iraq exodus http://www.upstreamonline.com/live/article1366303.ece Malaysia’s Petronas has become the latest foreign oil company to withdraw staff amid the upsurge in militant violence in the Middle Eastern country. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/article1366303.ece Wed, 18 Jun 2014 10:23:04 +0000 live World Bank to set gas flaring target http://www.upstreamonline.com/live/article1366293.ece The World Bank will soon propose a target of zero routine gas flaring by 2030 and will be looking to many organisations to support this initiative. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366293.ece Wed, 18 Jun 2014 09:48:34 +0000 live Hanoi talks to resolve rig row http://www.upstreamonline.com/live/article1366286.ece China’s top diplomat reportedly started a round of meetings with Vietnamese officials in Hanoi on Wednesday in the first high-level talks to take place between the two countries since the controversial deployment of a Chinese rig in disputed waters. (News Wires) http://www.upstreamonline.com/live/article1366286.ece Wed, 18 Jun 2014 09:20:31 +0000 live BP disappointed in India reform http://www.upstreamonline.com/live/article1366269.ece BP is disappointed in the pace of reforms and approvals in India after committing to a massive $7 billion investment in the countries offshore natural gas sector, chief executive Bob Dudley said. bianca.bartucciotto@upstreamonline.com (Bianca Bartucciotto) http://www.upstreamonline.com/live/article1366269.ece Wed, 18 Jun 2014 07:07:12 +0000 live Canada gov't OKs Enbridge pipeline http://www.upstreamonline.com/live/article1366235.ece Enbridge said its proposed C$7.9 billion ($7.22 billion) Northern Gateway pipeline from the oil sands of Alberta to Canada's Pacific coast has been approved by the Canadian government. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/article1366235.ece Tue, 17 Jun 2014 23:21:30 +0000 live Oil & gas 'needs to work on trust' http://www.upstreamonline.com/live/article1366197.ece The oil & gas industry has been warned it has a long way to go before it stamps out deep-rooted governance, transparency and corruption problems, a conference heard on Tuesday. http://www.upstreamonline.com/live/article1366197.ece Tue, 17 Jun 2014 15:26:48 +0000 live Blast rocks Ukraine pipeline: reports http://www.upstreamonline.com/live/article1366186.ece An explosion reportedly ripped through a gas transit pipeline in central Ukraine, a day after Russia said it was cutting off supplies to its neighbour over a payment dispute. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1366186.ece Tue, 17 Jun 2014 14:47:48 +0000 live Karabalin 'grins and bears' Kashagan delays http://www.upstreamonline.com/live/article1366173.ece Kazakhstan Oil Minister Uzakbay Karabalin says delays serious but not fatal for country Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366173.ece Tue, 17 Jun 2014 14:04:41 +0000 live India in charm offensive http://www.upstreamonline.com/live/article1366155.ece India’s recently elected government, led by Prime Minister Narendra Modi, is drawing up a raft of policy changes as part of a drive to stimulate investment in its upstream sector. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/article1366155.ece Tue, 17 Jun 2014 12:06:57 +0000 live Serbia 'sticking to South Stream' http://www.upstreamonline.com/live/article1366130.ece The governments of Russia and Serbia said they expected the construction of the Serbian leg of the Gazprom-led South Stream gas pipeline to begin as planned next month despite continuing EU and US pressure that has already seen Bulgaria suspend its part of the project. Bill.Lehane@upstreamonline.com (Bill Lehane), (News Wires) http://www.upstreamonline.com/live/article1366130.ece Tue, 17 Jun 2014 10:51:22 +0000 live BP set for $20bn CNOOC LNG deal http://www.upstreamonline.com/live/article1366107.ece China National Offshore Oil Corporation, the country’s top offshore operator and liquefied natural gas projects developer, is poised to sign a huge sale and purchase contract with UK supermajor BP for LNG imports. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366107.ece Tue, 17 Jun 2014 05:54:48 +0000 live US, China ‘took divergent oil demand paths’ http://www.upstreamonline.com/live/article1366029.ece Last year proved to be a trend-bucking 12 months as global energy demand accelerated despite slackening economic growth, according to BP’s latest Statistical Review of World Energy. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366029.ece Mon, 16 Jun 2014 14:50:45 +0000 live Dudley: ‘Oil players need state incentives’ http://www.upstreamonline.com/live/article1366031.ece Some governments needs to wake up to the fact that they need to adequately incentivise capital-constrained oil companies or run the risk of seeing their resource bases laying untapped to their own detriment, BP chief executive Bob Dudley said. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/article1366031.ece Mon, 16 Jun 2014 14:50:32 +0000 live