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January 22, 2013
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News for the oil and natural gas industry

  Top Story 
  • Oil workers aren't discouraged by foreign perils, experts say
    Interest in working in the world's more unstable oil regions won't likely be affected by the hostage crisis in Algeria, some experts say. "Overseas assignments allow individuals to grow more rapidly with respect to their assignments," said Steve Newton, managing director of Russell Reynolds Associates. "You have less support, you are able to make decisions, you are much more the leader in the field." (1/21) LinkedInFacebookTwitterEmail this Story

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  Industry News 
  • Algerian attack could hasten Statoil's shift to U.S. shale
    Norway's biggest energy exploration firm, Statoil, likely will accelerate development of shale oil in the U.S. and exploration of Brazilian offshore oil fields after terrorists attacked its Amenas gas facility in Algeria, industry analysts said. However, Statoil probably won't pull out of Algeria because of the attack, they said. The company was already moving to reduce its presence in high-risk areas before the attack. Bloomberg (1/21), Platts (1/21) LinkedInFacebookTwitterEmail this Story
  • Shell, USCG complete inspections of Kulluk rig
    The inspection of Royal Dutch Shell's Kulluk drilling rig, which ran aground off the Alaskan Coast on New Year's Eve, has been completed, according to the Unified Command, a partnership between Shell and the U.S. Coast Guard. "The damage discovered on the Kulluk is consistent with what is expected from a vessel of this type being on hard ground. The fuel tanks are intact," the Unified Command said. Platts (1/21) LinkedInFacebookTwitterEmail this Story
  • Osaka Gas believes U.S. will clear LNG import plans
    Osaka Gas believes that it will secure U.S. clearance for its proposal to import liquefied natural gas from Freeport LNG Development's facility in the U.S. to Japan. Last year, the company forged a deal with Freeport to import as much as 2.2 million tons of LNG annually for 20 years. "How much LNG the [Department of Energy] will approve to export is an issue. But we are at the top of the line waiting for screening by DOE, in a position sure to get an approval," said Koichiro Age, a general manager in Osaka Gas' LNG trading department. The Wall Street Journal/Dow Jones Newswires (1/21) LinkedInFacebookTwitterEmail this Story
  • Experts begin conference on Gulf spill's effects
    A conference to examine the effects of the 2010 Gulf of Mexico oil spill began Monday in New Orleans. Over 800 people from the energy industry, state and federal agencies, universities and non-government organizations are expected to attend the forum, which is co-sponsored by the American Petroleum Institute. The Times-Picayune (New Orleans) (1/21) LinkedInFacebookTwitterEmail this Story
  • Exxon CEO, Iraqi PM discuss company's plans in Iraq
    ExxonMobil Chairman and CEO Rex Tillerson and Iraqi Prime Minister Nouri al-Maliki held discussions about the company's operations and working conditions in Iraq. The talks could be an indication that the Iraqi government seeks to resolve its dispute with Exxon, after the company signed separate exploration deals with Iraq's Kurdistan region, which is mostly autonomous. Exxon is willing to continue expansion activities in the country and "will take important decisions in this regard," Tillerson said. The Washington Times/The Associated Press (1/21) LinkedInFacebookTwitterEmail this Story
  Exploration & Production 
  • Drillers have mixed responses to Shell's Arctic drilling struggles
    ConocoPhillips seeks to follow Royal Dutch Shell's lead in exploring off the Alaskan coast, seeking to bore one or two exploratory wells in Alaska's Chukchi Sea in 2014. Statoil and Total, however, put off by Shell's difficulties in the region, intend to delay their efforts to drill there. (1/21) LinkedInFacebookTwitterEmail this Story
  • Halliburton offers new program for shale drilling
    Halliburton has come up with a new program to attract more interest from shale oil and natural gas drillers. The company's "Frac of the Future" offers a variety of management techniques and technology enhancements to lower well costs, according to a report from EnergyPoint Research. "Our initial interviews with oil field customers suggest high levels of interest and enthusiasm for the concept," the report stated. (1/21) LinkedInFacebookTwitterEmail this Story
  • Iraqi oil discovery is first in 30 years, spokesman says
    Iraq announced its first oil discovery in three decades. At least 1 billion barrels of crude oil was discovered in a southeastern province by Iraq's state-run energy firm, said Assim Jihad, a spokesman for the Iraq Oil Ministry. CNN (1/21) LinkedInFacebookTwitterEmail this Story
  API News 
  • Service Station Contractor Safety Program
    The premier program offered by API WorkSafe is the service station contractor safety program that identifies contractor personnel who have passed a standardized examination covering the latest service station industry safety practices, based on API Recommended Practice 1646, Safe Work Practices for Contractors Working at Retail Petroleum/Convenience Facilities. The program provides awareness-level training on key safety issues found at petroleum retail job sites. Learn more. LinkedInFacebookTwitterEmail this Story
  • API-U
    API-U offers training any way you want it, anywhere you want it. Attend one of our instructor-led classes designed to help you get more out of API Standards or choose from more than 140 of our e-Learning courses in mechanical maintenance, electrical maintenance, instrumentation and control, industrial math, and science and safety. Learn more. LinkedInFacebookTwitterEmail this Story
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