Company News
PetroChina, Rosneft leave Venezuela refining projects
Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuela’s Cardón and Amuay refineries for PDVSA, according to ...
Total breaks production record in first quarter
French oil major Total reached record production in the first quarter of 2018, posting 5% growth year-over-year, despite the expiration of the Mahakam permit in Indonesia, Kallanish Energy reports. The ...
Initial work may begin this fall on Keystone XL
TransCanada may begin preliminary work on its $8 billion Keystone XL oil pipeline project in Montana this coming autumn, with full construction in 2019, Kallanish Energy reports. That ...
Northeast U.S. slated for record gas line buildout in 2018
Roughly 38% of additional natural gas pipeline capacity is slated to come online in the U.S. Northeast just in 2018, according to the Energy Information Administration. By ...
N.Y. nixes natural gas pipeline expansion permit
New York State regulators have denied a permit for a pipeline expansion designed to increase natural gas deliveries to New York City, The Associated Press reports. The ...
Venezuela’s crude exports down 27.2% y-o-y in Feb.
Venezuela’s crude oil seaborne exports dropped 27.2% year-over-year in February, as the country struggles to keep production levels from falling due to natural declines and underinvestment, Kallanish Energy learns. Data from UK’s ...
NRC to issue license for two new reactors in Florida
The U.S. Nuclear Regulatory Commission said last week it will issue a license to utility Florida Power & Light for two new nuclear reactors at Turkey Point, ...
Court: Natgas emissions must be considered in approving lines
A federal appeals court has refused to reconsider its ruling that greenhouse gas emissions from natural gas pipelines and the impacts of those emissions should be considered when such projects ...
Billionaire oilman Hildebrand resigns as Hilcorp CEO
Hilcorp Energy, one of the largest privately-held producers in the U.S., announced its billionaire owner, Jeff Hildebrand, has stepped down as CEO, but will remain as executive chairman. “The organizational change ...
Developers launch EIA for Baltic Pipe gas project
Polish gas transmission operator, GAZ-SYSTEM, and its Danish counterpart, Energinet, have started work on securing a positive Environmental Impact Assessment (EIA) for their proposed natural gas pipeline project, ...