Government

U.S. exporting shale gas to the Middle East

Since March of this year, the U.S. has been exporting liquefied natural gas, LNG, to a very unlikely region of the world: the Middle East. Two cargoes of LNG from ...

Venezuela’s state-owned PDVSA has issued at least $310M in debt

Venezuela’s state-owned oil company, PDVSA, has issued at least $310 million in debt to companies including General Electric as it negotiates private issues to pay off its suppliers, industry sources ...

Brexit, May could benefit UK’s shale gas industry: sources

Britain’s exit from the European Union (EU) could push forward hydraulic fracturing (fracking) exploration and the development of a shale gas industry in the UK, Kallanish Energy learns. Since the ...

Nevada firm to pursue buy of TVA’s unfinished nuclear plant

A Nevada energy company said it wants to purchase an unfinished nuclear power plant from the Tennessee Valley Authority (TVA) and use the site in northeast Alabama to produce electricity ...

Brazil to build more nuclear plants by 2050: report

Brazil’s mines and energy ministry is nearly finished with the country’s 2050 national energy plan (PNE), which will include the construction of new nuclear power plants, local newspaper Valor Econômico ...

Colombia needs to invest $70B to ensure future oil output

Lack of investment is putting Colombia’s oil industry at risk of loosing its crude self-sufficiency, forcing the country to become an importer, Kallanish Energy learns from the Colombian Petroleum Association ...

Russia expected to end gas deliveries to Ukraine

      The Russia-Ukraine gas supply dilemma could see a new development as the countries continue political and commercial retaliation, Kallanish Energy learns. Russian Energy Minister Alexander Novak said ...

Shale oil production to drop 118,000 BPD: EIA

Crude oil production from the top seven U.S. shale plays will fall in December 118,000 barrels per day (BPD) from November’s projection, to 4.95 million BPD (MMBPD) — the biggest ...

NRC engineers urge fix for nuclear power stations

A group of Nuclear Regulatory Commission engineers is urging its regulatory employer to order nuclear power station operators to fix a design flaw in nearly all U.S. nuclear plants the ...

Escalera files Chapter 11 bankruptcy petition

      Denver, Colorado-based independent oil and gas producer Escalera Resources last week filed a petition in the U.S. Bankruptcy Court seeking relief from creditors under provisions of Chapter ...

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