A study released Sept. 1 by the US Energy Information Administration was apparent cause for celebration for several oil and gas industry groups, which took its findings as confirmation that lifting restrictions on US crude oil exports would be a net positive for the industry as well as consumers. Source: News
GeoPark follows Chachalaca success with Jacana discovery
GeoPark Ltd.’s Jacana 1 exploration well flowed 1,880 b/d of 14.9° gravity oil with a water cut of 1.9%, the company said. This discovery follows the company’s previously success with the Chachalaca 1. Source: News
PHMSA will award $54.1 million in pipeline safety grants to states
The US Pipeline and Hazardous Materials Safety Administration plans to award nearly $54.1 million in grants to support pipeline safety programs in 46 states, the District of Columbia, and Puerto Rico, the US Department of Transportation agency reported. Source: News
India to open 69 marginal fields for bidding
To stimulate investment and increase production, India plans to open 69 oil fields for competitive bidding. Source: News
Husky starts steam at second Sunrise plant
Husky Energy Inc. has started steam operations at the second of two processing plants at the Sunrise Energy project in northeastern Alberta. Source: News
IFC invests in Pakistan’s first LNG import terminal
International Finance Corp. is making an equity investment in, as well as providing as much as a $20 million loan to Engro Elengy Terminal Private Ltd. for Pakistan’s first LNG import terminal, the World Bank affiliate reported. Source: News