Saudi Aramco and Royal Dutch Shell PLC have entered a preliminary agreement to separate assets of Motiva Enterprises LLC, the Houston-based refining and marketing joint venture equally owned and operated by the companies since 2002 (OGJ Online, Feb. 13, 2002). Source: News
The UK's changing taxes
Tax relief for oil and gas produced on the UK Continental Shelf surprised no one in a struggling industry that has desperately sought it. The same cannot be said for past changes to the British tax regime. Source: News
Statesmanship in action
At the 1996 annual meeting of the Independent Petroleum Association of America, two propositions emerged that are worth recalling now. Source: News
Europe’s costly energy experience seldom in US news
Governments can’t require the replacement of cheap energy by expensive energy without increasing the cost of energy. But they can waste a lot of money pretending otherwise. Source: News
Williams starts off-gas extraction plant
Williams Cos. Inc. has started its second extraction plant fed by off-gases from a Canadian bitumen upgrader. Source: News
Aramco commissions offshore Hasbah gas field
Saudi Aramco has commissioned offshore Hasbah natural gas field, part of the two-field Al Wasit gas project. Source: News
Boxer, Feinstein ask Obama to form Aliso Canyon leak task force
California’s two US senators asked US President Barack Obama to form an investigation task force led by the US Department of Energy to investigate the cause and effects of the leak from Southern California Gas Co.’s Aliso Canyon natural gas storage facility, whether the facility can safely be operated, and necessary steps to protect other […]
BPTT weighs development plan for Angelin gas field off Trinidad and Tobago
BP Trinidad & Tobago (BPTT) reported that it will make an investment decision in this year’s fourth quarter on whether to develop its Angelin gas field 40 km offshore Trinidad and Tobago’s east coast. Source: News
Rangeland building out liquids export systems
Rangeland Energy has started development of the South Texas Energy Products System (STEPS). STEPS will receive and store refined products, LPG, and other hydrocarbons at a new terminal in Corpus Christi, Tex., and transport them to terminals primarily in Mexico. Source: News
BHI: Another double-digit decline for US rig count
The overall US drilling rig count dropped 12 units to 464 units working during a week ended Mar. 24 shortened by the Good Friday holiday, according to Baker Hughes Inc. data. Source: News