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Oil and Gas Journal's News & Analysis

Mon, 20 Aug 2018 20:41:00 GMT
Zangeneh: Total has ‘officially left’ Iran

Total has “officially left” Iran under threat of US sanctions, according to the Islamic Republic’s oil minister. Radio Free Europe/Radio Liberty said the minister, Bijan Namdar Zangeneh, told state television the French company had withdrawn from its contract for Phase 11 development of South Pars natural gas field.

Mon, 20 Aug 2018 20:07:00 GMT
INGAA’s board affirms methane release minimization commitments

The Interstate Natural Gas Association of America’s board of directors has affirmed its commitments to minimize methane emissions released from member companies’ interstate gas transmission and storage facilities because of continuing concern about climate change, INGAA reported.

Mon, 20 Aug 2018 17:07:00 GMT
Democrats see changes in S. 3303 as threat to cooperative federalism

US Senate Environment and Public Works Committee Democrats questioned whether a bill proposed by Republicans, ostensibly to make minor changes in a Clean Water Act (CWA) project permit certification provision, actually would undermine the bedrock cooperative federalism principle that helps federal and state governments work together.

Mon, 20 Aug 2018 14:37:00 GMT
MARKET WATCH: Crude oil prices rise on expected US-China trade talks

Oil prices rose Aug. 17 on anticipated trade talks between the US and China, ending a volatile week for oil prices that experienced downward pressure throughout the week from a strengthening US dollar and building US crude oil inventories.

Fri, 17 Aug 2018 20:42:00 GMT
Court orders DOS to conduct supplemental EIS for Keystone XL project

A federal court judge has ordered the US State Department to conduct a supplemental EIS for the proposed Keystone XL crude oil pipeline to consider the Mainline Alternative route that Nebraska’s Public Service Commission approved. But Judge Brian Morris, of US District Court for Montana’s Great Falls Division, did not vacate the presidential border-crossing permit that the project has received in his Aug. 15 decision.

Fri, 17 Aug 2018 17:55:00 GMT
Northern Gulf’s rival takeover bid for Tap Oil rejected

Independent directors of Perth-based Tap Oil Ltd. have rejected an unsolicited indicative, conditional, and nonbinding takeover proposal from Thailand-based Northern Gulf Petroleum Holdings Ltd. that rivals the earlier offer from Singapore company Risco Energy Investments (SEA) Ltd. Both companies are existing shareholders of Tap Oil.