Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/dNbkCfbwoceGlGcdVkBw

July 27, 2012
Sign upForwardArchiveAdvertise
News for the oil and natural gas industry

  Top Story 
 
  • Heavy ice conditions hamper Shell's Arctic drilling
    Heavy ice conditions in the Arctic are getting in the way of Royal Dutch Shell's oil and natural gas explorations in the Chukchi and Beaufort seas, prompting the company to reduce its five originally planned wells to just two, said company CEO Peter Voser. "Ice conditions will dictate how long the drilling season will last, with a slower start due to heavy ice conditions," Voser said. The company has until Oct. 31 to drill in the Beaufort Sea, while work in the Chukchi Sea is required to cease about a month earlier before being under federal regulations. Houston Chronicle (7/26) LinkedInFacebookTwitterEmail this Story
Trust Your Workers' Wellbeing to Total Safety
Total Safety is the world's premier provider of integrated safety and compliance solutions and the products necessary to support them, including gas detection, respiratory protection, safety training, fire protection, medical management, communications, safety personnel, and EHS services. It operates from 134 locations in 18 countries.
totalsafety.com
  Industry News 
  • Shell should be given more time to drill Arctic wells, Murkowksi says
    The Department of the Interior should consider moving Royal Dutch Shell's Arctic exploration deadline to a later date as thick sea ice and other setbacks keep the company from proceeding with the plan, said Sen. Lisa Murkowski, R-Alaska, the ranking member of the Senate Energy and Natural Resources Committee. "I think they should be open to extending it, and I believe they will if it is determined that the ice conditions are such that there will be an adequate period of time ... for Shell to get out of the water," Murkowski said. The Hill/E2 Wire blog (7/26) LinkedInFacebookTwitterEmail this Story
  • Shell, Gazprom still discussing Shtokman deal
    Royal Dutch Shell and OAO Gazprom are still discussing whether Shell will be involved in the Shtokman liquefied natural gas project in the Russian Arctic. Gazprom owns 51% of the project, while France's Total holds 25% and Norway's Statoil has 24%. Shell and Gazprom are partners in the Sakhalin-2 LNG project on Sakhalin Island, off the east coast of Russia. Bloomberg (7/26) LinkedInFacebookTwitterEmail this Story
  • Enbridge commits to long-term cleanup of Kalamazoo River
    Enbridge Energy has committed to a long-term cleanup of the Kalamazoo River in Michigan, where one of the company's pipelines accidentally released about 20,000 barrels of oil in 2010. The Environmental Protection Agency in June informed residents in the area that the river and nearby waterways may still contain sheen from the oil spill. The company will be working with the Michigan Department of Environmental Quality, and will spend years to return the river to its natural state, said Enbridge spokesman Jason Manshum. United Press International (7/26) LinkedInFacebookTwitterEmail this Story
  Exploration & Production 
  • Argentina holds large shale oil reserve, says Repsol
    Argentina has an estimated 4,200-square-mile shale oil deposit in the San Jorge Gulf in Santa Cruz province, according to Spanish energy firm Repsol. The company discovered the deposit in April during its ownership of YPF, a now nationalized Argentine energy company. Reuters (7/26) LinkedInFacebookTwitterEmail this Story
  • Total invests $1.9B in Italian oil development pact with Shell
    Total and Royal Dutch Shell are developing the Tempa Rossa oil and natural gas field in southern Italy. "The field has significant potential and will make a strategic contribution to regional economic development," Total Exploration & Production President Yves-Louis Darricarrere said. Once operational in 2016, the field is expected to produce 8 million cubic feet of natural gas and 50,000 barrels of oil per day. United Press International (7/26), Reuters (7/25) LinkedInFacebookTwitterEmail this Story
  Refining & Marketing 
  Featured Content 
 

  Policy Watch 
  • Senate bill provides GOP blueprint for energy issues
    Republicans in the Senate have introduced an energy package that calls for approving construction of the Keystone XL oil pipeline and drilling leases in the National Petroleum Reserve in Alaska. "As we all know, there is going to be an election in 100 days or so and the American people are going to have a choice. If they choose to put Republicans in the leadership role in the White House and in the Senate, this is the plan which is the blueprint for our legislative action," said Sen. John Cornyn, R-Texas, head of the National Republican Senatorial Committee. Roll Call (free content) (7/26) LinkedInFacebookTwitterEmail this Story
  • Lawmaker raises alarm over Chinese bid for Canadian oil firm
    Rep. Randy Forbes, R-Va., expressed concern over China's CNOOC bid for Canada-based oil firm Nexen, while acknowledging that the U.S. has no "legal authority" to prevent the deal. "We're allowing China to be right off our coast, essentially, taking energy and fuel that we could have been having and using for domestic use," Forbes said. "More than a foot in the door, this is a body in the door for the Chinese in the North American energy market, and it's one that came about because of U.S. procrastination and a lack of diligence." Reuters (7/25) LinkedInFacebookTwitterEmail this Story
  • Expanded oversight and less politics drive drilling chief's agenda
    Bureau of Safety and Environmental Enforcement Director James Watson has remained firm in his commitment to fixing offshore oversight gaps and is undaunted by the politics surrounding many drilling issues his agency handles. He believes that his experience in the Coast Guard, where many military officers are apolitical, has prepared him for the politics of his job. "We are going to be working on some initiatives both operationally and with policymaking that still need to come to full fruition," Watson said. The Hill/E2 Wire blog (7/25) LinkedInFacebookTwitterEmail this Story
  API News 
  • Are You Committed to Making Energy an Election Priority?
      
    As campaign season gains momentum, it's more important than ever that you put your energy behind America's energy future. This fall, API will be working to provide you with the information you need to become an informed energy voter. But we want to know: are you committed to making energy a priority in this election? Tell us on Facebook. LinkedInFacebookTwitterEmail this Story

  • API Specification Q1 Training, Oct. 10 and 11, Houston
    Learn how to Achieve & Maintain your License/Certification. This two-day course will provide a working understanding of API Spec. Q1 requirements. Attendees will be given the chance to examine all the requirements of API Spec Q1 through practical examples and will be provided insight as to the drivers behind Q1's importance in the Oil & Natural Gas Industry. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more
about API ->
API Homepage  |  Join Us  |  Publications  |  Meetings and Training

 
 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Account Executive:  Diana Angel (202) 470-1146
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
 
 Recent API SmartBrief Issues:   Lead Editor:  Bryan McBournie
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2012 SmartBrief, Inc.® Legal Information