Royal Dutch Shell, PDVSA and Venezuela’s oil ministry have formed a joint coordination committee to develop natural gas projects in the oilfields of Monagas state, in northern Venezuela, Kallanish Energy learns. The committee will aim to use and recover gas in the fields, taking advantage of Venezuela’s gas reserves – ranked eighth-largest in the world. The parties … Read more
The government of Scotland announced Tuesday it plans to ban new gasoline and diesel cars by 2032 – eight years earlier than proposals made by the UK’s Westminster government, Kallanish Energy reports. In July, UK Prime Minister Theresa May set out targets to phase out the sale of new fossil-fuels cars by 2040 to … Read more
Aliso Canyon has on two occasions since Aug. 1, released excessive methane into the atmosphere in Southern California, Kallanish Energy learns. The high levels of methane or natural gas were detected by methane-measuring aircraft flying over the underground storage facility in Los Angeles. Southern California Gas (SoCalGas) had started refilling Aliso Canyon on … Read more
icegram campaigns=”30234″]Shell said Wednesday it’s working towards safe resumption of operations at a crude oil facility in the Niger Delta, after hundreds of protesters last week invaded the flow station demanding jobs and infrastructure development. A spokesman for Shell Petroleum Development Company of Nigeria (SPDC) told Kallanish Energy a group of individuals … Read more
Total crude oil production from the Organization of Petroleum Exporting Countries increased 173,000 barrels per day (BPD) in July from June, to average 32.87 million barrels per day (MMBPD), according to secondary sources used in the cartel’s August Monthly Oil Market Report. Preliminary data indicate global oil supply increased 170,000 BPD in … Read more
Royal Dutch Shell said Wednesday it completed the $9.45 billion sale via three Canadian units and two deals of all its Canadian in-situ (in-ground) and undeveloped oil sands assets interests, and reducing its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%. Under the first agreement, Shell completed the … Read more
French state-controlled utility firm EDF is “secretly planning” to extend the lifespan of 58 nuclear reactors in France by 10 to 20 years, pushing back the country’s energy mix targets, local BFM television reported Monday. Citing an internal EDF plan, BFM said the nuclear giant intended to delay targets outlined in France’s 2015 energy … Read more
The Pennsylvania Department of Environmental Protection announced WPX Energy Appalachia has agreed to pay a $1.2 million fine for oil and gas violations that impacted groundwater and private water supplies in Westmoreland County, Kallanish Energy reports. “When leaks and other impacts do occur, the responsible party must remediate the damage and restore the resource,” said acting … Read more
The two nuclear reactors under construction at the Taishan nuclear power plant in China’s Guangdong Province will not come online until the second half of 2017 and the first half of 2018 — some six months later than originally scheduled. Taishan 1 and 2 are the first two reactors based on French firm Areva’s EPR design … Read more
Total OPEC crude oil production is expected to increase by 0.2 million barrels per day (MMBPD) in 2017, and by 0.5 MMBPD in 2018, the Energy Information Administration reports in its February Short-Term Energy Outlook (STEO). Crude oil production in the Lower 48 States is to average 6.88 MMBPD in 2017, and 7.29 MMBPD in … Read more
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