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A collection of news and information related to Upstream Oil and Gas Activities published by this site and its partners.
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Chevron nears sale of Egypt, Pakistan downstream assets -sources
ReutersBy Dinesh Nair DUBAI, May 21 (Reuters) - Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-...Tags: Egypt, Chevron Corportion, Pakistan, Business, Petroleum Industry
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Enbridge to take Bakken crude with sulfide gas, with advance notice
ReutersBy Jeanine Prezioso NEW YORK, May 20 (Reuters) - Enbridge Energy Partners , which had threatened to close an oil rail loading terminal in North Dakota unless the content of potentially deadly sulfide gas in Bakken crude shipments was reduced, now says it...Tags: Enbridge Energy Partners LP
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Alaska governor launches bid to measure oil in Arctic refuge
For decades, war has been waged over the holy grail of America's Arctic frontier, the Arctic National Wildlife Refuge. The wide coastal plain on the edge of the Beaufort Sea contains stunning populations of caribou, grizzly, musk oxen and other wildlife...
Tags: Regional Authority, Wildlife, Politics, Washington, DC, Zoology
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Wall Street ends flat on correction worries
ReutersNEW YORK (Reuters) - Stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions. The Dow and the S&P 500 briefly hit all-...Tags: Groupon, Inc., St. Petersburg (Pinellas, Florida), Edward Jones, Mutual Funds, Agilent Technologies Incorporated
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COMMODITIES-Precious metals, oil rebound from early dives
Reuters* Gold shoots up from 1-month low and 7 days of losses * Silver hits Sept 2010 low before rebounding * Oil reverses early losses to end higher * Raw sugar near 3-year low, arabica coffee down for 5th day By Barani Krishnan NEW YORK, May 20 (Reuters)...Tags: Thomson Corporation, Annapolis, Foreign Exchange Market, Gold and Precious Material, Casino and Gambling Industry
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AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs
AME InfoSEMBCORP OPENS $1BN SALALAH IWPP: Sembcorp Industries (Sembcorp) has announced the official opening of its $1bn Salalah Independent Water and Power Plant (Salalah IWPP) in Oman. The facility comprises a gas-fired power plant with a total gross capacity of...Tags: Oman, Personal Service, Restructuring and Recapitalization, United Arab Emirates, Initial Public Offerings
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Chesapeake Energy hires Anadarko executive as CEO
Reuters(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert...Tags: Politics, Board of Directors, Petroleum Industry, Corporate Officers, The Wall Street Journal
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Situation in Syria against U.S., Israel: Hezbollah
The Lebanon Daily StarHezbollah MP Nawaf Musawi said Monday the battle situation in war-torn Syria is not turning in America and Israel's favor amid reports of almost 30 Hezbollah's fighters being killed in clashes with rebels in the Syrian town of Qusair. Musawi also warned...Tags: Lebanon, Petroleum Industry, Wars and Interventions, Energy Resources, Bashar Assad
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COLUMN-Koch's unsightly coke mountain: Kemp
ReutersBy John Kemp LONDON, May 20 (Reuters) - Petroleum coke piled up along the banks of the Detroit River has sparked a storm of protest from local residents and environmental campaigners, who claim they are just one more problem associated with the...Tags: Keystone XL Pipeline, Heavy Engineering, Saudi Arabia, Petroleum Industry, Energy Resources
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RPT-INSIGHT-The fight for North Dakota's fracking-water market
ReutersBy Ernest Scheyder WATFORD CITY, North Dakota, May 20 (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not...Tags: Politics, Exxon Mobil Corporation, Petroleum Industry, Environmental Issues, High Blood Pressure
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RPT COLUMN-Carbon capture faces scale dilemma: Gerard Wynn
Reuters(The author is a Reuters market analyst. The views expressed are his own.) * Repeats to additional subscribers By Gerard Wynn LONDON, May 17 (Reuters) - European policymakers face a difficult decision on building carbon capture and storage (CCS) -...Tags: United Kingdom, Layoffs and Downsizing, Petroleum Industry
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Indonesia to rebuff incentive proposal for oil refineries
The Jakarta PostJAKARTA (The Jakarta Post/ANN) -- The Indonesian government will likely reject fiscal incentives proposed by foreign investors to kick off the construction of new fuel processing plants despite the lack of capacity of existing domestic refineries to...Tags: Petroleum Industry, Environmental Issues, Money and Monetary Policy, Jakarta (Indonesia), Kuwait
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