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November 21, 2012
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News for the oil and natural gas industry

  Top Story 
The conference theme is "Reliability, Efficiency, and Profitability". Speakers are invited to share knowledge and experiences with refining professionals, responsible for solving refinery power disruption and energy efficiency problems that take away profits, waste resources, and violate emission compliance. Click here for details.
  Industry News 
  • Black Elk Energy suspends search for missing Gulf platform worker
    Black Elk Energy halted its search Tuesday night for a worker missing since a blast at its Gulf of Mexico oil platform last week after a "thorough and robust" effort, the company said. "We will continue to remain focused on the victims and their families, including those injured in the incident," Black Elk said. "An official investigation is under way, and we will continue to cooperate with all authorities as this process develops." (11/20) LinkedInFacebookTwitterEmail this Story
  • Shell: U.S. politics could limit North American LNG exports
    Liquefied natural gas exports from North America could be as little as 60 million tons annually over the next 10 years, said Simon Henry, Royal Dutch Shell's chief financial officer. "If you get inflation, which you certainly would if everyone's building at once, that's going to be a constraint and the other constraint is going to be in Washington [D.C.], where at some point the [U.S.] government will decide that exporting cheap American energy and cheap American jobs to our competitors is no longer acceptable," Henry said. The Wall Street Journal (11/20) LinkedInFacebookTwitterEmail this Story
  • Other News
  Exploration & Production 
  • Halliburton signs deal to develop Dialog's Malaysian field
    Halliburton and Dialog Group have struck a $1.2 billion agreement to increase production from the Bayan Field off the Malaysian coast. The deal "is in line with Dialog's strategy to continue developing its upstream capabilities, which include the rejuvenation and redevelopment of mature oil fields," according to Dialog. Rigzone (11/20) LinkedInFacebookTwitterEmail this Story
  • ExxonMobil, Shell face potential production delay at Kazakh field
    A $5 billion proposal by ExxonMobil and Royal Dutch Shell to raise daily production at the Kashagan oilfield in Kazakhstan from 370,000 barrels per day to as much as 450,000 barrels per day could be delayed by at least two years. Kazakh regulators have told the companies to delay the project until they examine the effects of a 2013 production start, sources said. Bloomberg (11/20) LinkedInFacebookTwitterEmail this Story
  • Shell connects Malaysian oilfield to Murphy Oil's facilities
    Royal Dutch Shell's Gumusut-Kakap oilfield in Malaysia has been linked with Murphy Oil's production facilities. The project's first phase involves output of as many as 25,000 barrels of oil per day from two wells, said Petroliam Nasional Bhd, a partner in the venture. Full-scale production will begin at the end of next year, Shell said. Bloomberg (11/20) LinkedInFacebookTwitterEmail this Story
  Refining & Marketing 
  • EPA is urged to review biodiesel rule for refiners
    An industry group is asking the Environmental Protection Agency to review its decision to raise the biodiesel volume target from 1 billion gallons to 1.28 billion gallons under the Renewable Fuel Standard. "In the category of unintended consequences, EPA's decision will curtail investment in advanced biofuels that compete with biodiesel and will increase carbon emissions in 2013 under the RFS," the American Fuel and Petrochemical Manufacturers said. Platts (11/20) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  API News 
  • Class A, B, C Storage Tank Operator Training
    As recognized leaders in safety-training and storage-tank-compliance services, the American Petroleum Institute and Antea Group have joined forces to offer an online UST Operator Training program that meets both federal and state operator-training requirements as mandated by the Federal Underground Storage Tank Compliance Act of 2005. Our comprehensive program is state-approved and includes Class A, Class B and Class C certification for storage-tank operators. All training content includes state-specific regulations and can be customized for various storage-tank configurations. Our unique online training is conveniently available 24 hours a day. Learn more. LinkedInFacebookTwitterEmail this Story
  • What's Next for the Oil and Natural Gas Industry?
    With the election behind us, join API's Energy Nation program for a special post-election webcast on Tuesday, Dec. 4. API's executive vice president, Marty Durbin, will discuss how the 2012 elections will impact energy policy moving forward and what you can do to help support a healthy oil and natural gas industry. RSVP to receive more information and submit questions for the discussion. LinkedInFacebookTwitterEmail this Story

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  Editor's Note 
  • SmartBrief will not publish Thursday and Friday
    In observance of Thanksgiving in the U.S., SmartBrief will not be published Thursday and Friday. Publication will resume Monday. Enjoy the holiday! LinkedInFacebookTwitterEmail this Story
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