http://www.upstreamonline.com Latest news from Upstream Online en upstreamonline.com en upstreamonline.com http://www.upstreamonline.com/live/article1327734.ece ExxonMobil is still waiting for test results from the ruptured section of its 95,000 barrel-per-day Pegasus pipeline, almost two months after it spewed 5,000 barrels of oil into an Arkansas suburb, the company said on Friday. Fri, 24 May 2013 22:20:48 GMT http://www.upstreamonline.com/live/article1327734.ece 2013-05-24T22:20:48Z http://www.upstreamonline.com/live/article1327733.ece Venezuela's state oil company PDVSA will receive a revolving credit line of at least $1 billion from oil services giant Schlumberger, the OPEC nation's oil minister said on Friday according to a report. Fri, 24 May 2013 21:40:10 GMT http://www.upstreamonline.com/live/article1327733.ece 2013-05-24T21:40:10Z http://www.upstreamonline.com/live/article1327732.ece The US State Department said on Friday it would make public over 1.2 million public comments it has received on an environmental impact statement on the controversial cross-border Keystone pipeline. Fri, 24 May 2013 20:51:11 GMT http://www.upstreamonline.com/live/article1327732.ece 2013-05-24T20:51:11Z http://www.upstreamonline.com/live/article1327731.ece The count of rigs drilling in the US for oil and gas dropped by seven this week to 1762, the latest report from Houston service provider Baker Hughes said. Fri, 24 May 2013 18:11:12 GMT http://www.upstreamonline.com/live/article1327731.ece 2013-05-24T18:11:12Z http://www.upstreamonline.com/live/article1327663.ece Up to five consortia are preparing to bid in a Petrobras tender for a floating production, storage and offloading vessel to be installed in the Carioca pre-salt area off Brazil’s Santos basin. Fri, 24 May 2013 15:07:26 GMT http://www.upstreamonline.com/live/article1327663.ece 2013-05-24T15:07:26Z http://www.upstreamonline.com/live/article1327713.ece Addax Petroleum has its eye on more North Sea assets with joint venture moves a possibility, according to a report. Fri, 24 May 2013 14:03:21 GMT http://www.upstreamonline.com/live/article1327713.ece 2013-05-24T14:03:21Z http://www.upstreamonline.com/live/article1327715.ece Reliance Industries, BP and Niko Resources have made a “significant gas and condensate discovery” at their Krisha Godavari D6 (KG D6) deep-water block off eastern India. Fri, 24 May 2013 13:53:25 GMT http://www.upstreamonline.com/live/article1327715.ece 2013-05-24T13:53:25Z http://www.upstreamonline.com/live/article1327702.ece Petrobras has farmed out a sizeable chunk of its holding in an offshore block off Tanzania to Norwegian state-run oil company Statoil Fri, 24 May 2013 12:39:24 GMT http://www.upstreamonline.com/live/article1327702.ece 2013-05-24T12:39:24Z http://www.upstreamonline.com/live/article1327697.ece Australian independent Santos has added another future oil producing well at its Cuisinier field onshore Queensland after hitting 2.3 metres of net pay with the Cuisinier 11 probe, its junior partner has said. Fri, 24 May 2013 12:24:57 GMT http://www.upstreamonline.com/live/article1327697.ece 2013-05-24T12:24:57Z http://www.upstreamonline.com/live/article1327694.ece Yemen’s Maarib oil export pipeline has been struck by another explosion that has halted the flow of crude, according to reports. Fri, 24 May 2013 11:50:39 GMT http://www.upstreamonline.com/live/article1327694.ece 2013-05-24T11:50:39Z http://www.upstreamonline.com/live/article1327681.ece Oil is poised to post its biggest weekly loss in more than a month, with Brent edging down towards $102 per barrel on Friday, pressured by ample supply and a sluggish economic recovery that could dent demand. Fri, 24 May 2013 09:48:46 GMT http://www.upstreamonline.com/live/article1327681.ece 2013-05-24T09:48:46Z http://www.upstreamonline.com/live/article1327677.ece Lundin Petroleum has been given the nod to drill an appraisal well on the Johan Sverdrup discovery in the central North Sea. Fri, 24 May 2013 09:29:56 GMT http://www.upstreamonline.com/live/article1327677.ece 2013-05-24T09:29:56Z http://www.upstreamonline.com/live/article1327672.ece InterOil Corporation and Pacific LNG have entered into exclusive talks with ExxonMobil on the US supermajor joining the Elk-Antelope fields in Papua New Guinea. Fri, 24 May 2013 09:02:30 GMT http://www.upstreamonline.com/live/article1327672.ece 2013-05-24T09:02:30Z http://www.upstreamonline.com/live/article1327669.ece Italian oil giant Eni could splash out on more companies in Belgium as it looks to close the gap on power retail leader in the country, GDF Suez-owned Electrabel, according to a report. Fri, 24 May 2013 08:28:12 GMT http://www.upstreamonline.com/live/article1327669.ece 2013-05-24T08:28:12Z http://www.upstreamonline.com/live/article1327665.ece Aiden Heavey-led independent close to issuing bid documents for gas pipeline off West Africa Fri, 24 May 2013 08:04:15 GMT http://www.upstreamonline.com/live/article1327665.ece 2013-05-24T08:04:15Z http://www.upstreamonline.com/live/article1327662.ece Hoegh LNG widened its losses during the first quarter of the year, despite a rise in total income, as depreciation costs hit its bottom line. Fri, 24 May 2013 07:55:47 GMT http://www.upstreamonline.com/live/article1327662.ece 2013-05-24T07:55:47Z http://www.upstreamonline.com/live/article1327657.ece Canadian junior Petroamerica Oil has made an oil discovery at its Curiara-1 well in Colombia. Fri, 24 May 2013 04:35:33 GMT http://www.upstreamonline.com/live/article1327657.ece 2013-05-24T04:35:33Z http://www.upstreamonline.com/live/article1327505.ece Australian explorer 3D Oil has acquired a frontier exploration block in shallow waters off Tasmania, next to the Otway basin’s largest gas discovery, Thylacine. Fri, 24 May 2013 03:29:37 GMT http://www.upstreamonline.com/live/article1327505.ece 2013-05-24T03:29:37Z http://www.upstreamonline.com/live/article1327502.ece Doug Lawler, the Anadarko Petroleum executive named as Chesapeake Energy's new chief executive officer, is due to receive salary, bonus and equity awards valued at $12.6 million this year, according to a report. Thu, 23 May 2013 22:57:45 GMT http://www.upstreamonline.com/live/article1327502.ece 2013-05-23T22:57:45Z http://www.upstreamonline.com/live/article1327501.ece Offshore operators take heed: US forecasters are expecting 2013 to be an “active” to “extremely active” season for tropical weather activity. Thu, 23 May 2013 22:34:17 GMT http://www.upstreamonline.com/live/article1327501.ece 2013-05-23T22:34:17Z