PAD I in play for refinery investors
September 28, 2010
PAD I, the East Coast Petroleum Administration for Defense District has experienced drastic margin decreases of marketing refineries like Valero and Sunoco and others, leading to refinery closures of about 20% of the PAD I capacity.
Cheniere LNG Saved by Shale Gas
September 15, 2010
Cheniere Wins Approval to Export U.S. Liquefied Natural Gas | online.wsj.com
According to WSJ (10-Sep, Page B$) Cheniere Energy Partners received approval from the U.S. Department of Energy to export about 2 bcfd of LNG from their newly established Sabine Pass Liquefaction subsidiary.
Eagle Ford Shale Exceeds Expectations
September 3, 2010
Enterprise to build 350,000 b/d Eagle Ford oil pipeline | www.ogj.com
Christopher E. Smith of OGJ reported that Enterprise Products Partners LP ("Enterprise") entered into significant long term midstream energy service contracts with EOG, leading Eagle Ford Shale player.
French LNG Terminals provide cushion against Gazprom
September 3, 2010
Fos Cavaou LNG terminal operating at full capacity | www.ogj.com
Doris Leblond of Oil & Gas Journal recently reported that the Fos Cavaou LNG terminal on the Mediterranean coast is now allowed to operate at the full design capacity of 0.80 bcfd. The Terminal is operated by GDF Suez, being partner with 71.99% and Total with 28.10%.
August 31, 2010
WSJ reports today on Page A13, written by Phred Dvorak that Canada is going to control the Northwest Passage and "whoever controls the Arctic can be the next Saudi Arabia".
Kremlin with OAO Rosneft moves West
August 30, 2010
WSJ reported on 27-Aug, page B4 by Guy Chazan that Russian oil giant Rosneft - supported by the Kremlin - is moving toward acquiring a 50% stake in German Ruhr Oel GmbH, a 50-50 joint venture between PDVSA (Venezuela) and BP.
Vestas Wind Turbine Profit Falls
August 26, 2010
BBC News reported that Vestas, the world's largest wind turbine producer, shares have fallen 23% after it reported a second quarter loss of about $150 million.
Shell goes for Ethanol In Brazil
August 26, 2010
Shell, Cosan Sign Binding Deal for Ethanol JV | www.chemweek.com
According to Chemical Week Shell and Cosan (Sao Paulo) announced a binding $12 billion ethanol and transportation fuel joint venture in Brazil.
Nabucco pushed ahead by Geopolitics
August 24, 2010
Nabucco confirms two-feeder routing cuts Iran | www.ogj.com
Oil & Gas Journal reported on 23-Aug that the Nabucco Gas Pipeline International GMBH is moving forward with two feeder lines, one from Turkey to Georgia and the other from Turkey to the Iraqi border. The planned feeder line from Turkey to Iran has been shelved.
August 22, 2010
Reliance Forms Another U.S. Shale Joint Venture | www.chemweek.com
According to Chemical Week Reliance (India) are extending their shale gas investment in the Marcellus Shale acreage and according to WSJ three shale gas firms are for sale.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012