The US Department of the Interior’s Office of Natural Resources Revenue distributed $8.93 billion in revenue and royalties from energy produced on federal managed public and Indian tribal land to states, tribes and three special funds, 26% more than the $7.11 billon it distributed in fiscal 2017, Interior Sec. Ryan Zinke said. Source: News

State-owned Sonatrach has let a contract to a subsidiary of Maire Tecnimont SPA to provide engineering, procurement, and construction services for implementation of a fourth LPG processing train inside Sonatrach’s existing ZCINA gas processing complex in central Algeria’s Hassi Messaoud area. Source: News

Enbridge has restored partial service to customers of its BC Pipeline following the Oct. 9 rupture of a natural gas transmission pipeline 13½ km north of Prince George, BC, but supply is still limited, and retail customers are being asked to continue to conserve throughout the winter, said British Colombia electric power and gas distribution […]

Israel has launched its previously announced bid round to grant offshore exploration licenses for natural gas and oil in the Eastern Mediterranean. The round follows an earlier one that began 2 years ago and granted six licenses. Bids for the new round are to be submitted by June 2019 with announcement of the winners scheduled for […]

Sempra Energy and Total SA have signed a memorandum of understanding to cooperate in the development of North American LNG export projects. The scope of MOU covers continuing the development of the Cameron LNG liquefaction-export project in Louisiana and Energía Costa Azul (ECA) liquefaction-export project in Baja California, Mexico. Source: News

State-owned Sonatrach has let a contract to Emerson Electric Co., St. Louis, in partnership with Fores Engineering SRL, Forli, Italy, to modernize its natural gas processing plant in Alrar, in southeast Algeria. Source: News

The Australian government has made changes to its petroleum resource rent tax that will see lower uplift rates and a review of the gas-transfer pricing regulations. The lengthy review, undertaken by economist Mike Callaghan, found that although PRRT was still the preferred way to obtain a fair return to the community without discouraging investment, some […]

Abu Dhabi targets self-sufficiency in natural gas and expansion of oil-production capacity to 5 million b/d by 2030 under an expanded budget approved Nov. 4 by the Supreme Petroleum Council (SPC). Announcing capital investment growth of $132.33 billion during 2019-23, the SPC reported recent indicated discoveries of 1 tcf of natural gas in place and […]

SandRidge Energy recently closed two transactions that it said would “improve operating efficiency” of the company. In the Central Basin Platform region of the Permian basin, it sold essentially all of its oil and gas properties together with 13.125 million common units of the SandRidge Permian Trust to an unaffiliated party for $14.5 million. The […]

Limetree Bay Refining, a subsidiary of ArcLight Capital Partners, has reached an agreement in principle with the supply and trading arm of an unidentified major international oil company to restart the idled 500,000-b/d refinery at Limetree Bay on St. Croix in the US Virgin Islands. Source: News