energy-pedia news

27 Apr 15
UK government would oppose any takeover of BP
Britain's outgoing government has told BP that it wants the company to remain a British industrial champion and it would oppose any takeover of the oil producer, the Financial Times reported.
27 Apr 15
Brazil: Four Petrobras platforms halt output due to oil leak
Four Petrobras oil platforms off the northeast coast of Brazil have halted production after a leak of about 7,000 litres of oil was detected coming from a pipeline linking them, a local oil workers union head said on Friday.
26 Apr 15
Libya closes El Feel oilfield due to strike by security guards
A strike by Libyan security guards over salary payments has forced the closure of the western El Feel oilfield, a spokesman for state oil firm NOC said on Sunday.
26 Apr 15
Australia: Gardline CGG completes Gippsland 2D Infill survey
Gardline CGG reports that it has completed the Gippsland 2D Infill survey for Geoscience Australia.
26 Apr 15
Brazil: Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program
Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program. The cooperation agreement includes more than 30,000 km of regional 2D seismic data in the new frontier Pelotas Basin, offshore Brazil.
26 Apr 15
Australian court allows Metgasco to resume coal seam gas drilling
Metgasco, an Australian coal seam gas explorer, on Friday won a court ruling to overturn the state of New South Wales' decision to suspend its drilling licence, sending its shares up 61 percent.
26 Apr 15
Iraq tells partners to lift Basra Heavy crude from May: sources
Iraq's State Oil Marketing Organisation (SOMO) has informed its partners they can start loading Basra Heavy crude from May, instead of its flagship light grade, according to sources.
26 Apr 15
Philippines calls on ASEAN to urge China to halt land reclamation
The Philippines called on its Southeast Asian neighbours to unite in urging China to halt reclamation of land in the South China Sea, but the call failed to raise widespread support ahead of a regional summit. China claims 90 percent of the South China Sea, which is believed to be rich in oil and gas.
26 Apr 15
Ghana: Tullow says 'TEN' oil project 'can move ahead' after court ruling
Tullow OIl said on Saturday its offshore oil and gas project TEN 'can move ahead' after an international maritime tribunal ruled in a border dispute between Ghana and Ivory Coast.
26 Apr 15
Falklands: Premier Oil suspends Isobel Deep well due to BOP problems
JV partner Falkland Oi & Gas reports that the 14/20-1 'Isobel Deep' well being drilled by Premier Oil has been temporarily suspended due to a problem with the blowout preventer ('BOP').
26 Apr 15
Thailand: KrisEnergy spuds Rayrai-1 exploration well in G10/48, Gulf of Thailand
KrisEnergy has spudded the Rayrai-1 exploration well in Block G10/48 in the Gulf of Thailand. The well is located 2.25 km north of the 2009 Niramai oil discovery.
24 Apr 15
Argentina's YPF sells $1.5 bln of bonds - tripling sale
Argentina's state energy company YPF said it had sold $1.5 billion of new 10-year bonds at 8.5 percent on Thursday, raising its planned issuance from $500 million on the back of strong demand.
24 Apr 15
Saudi Arabia/Kuwait: Chevron Saudi unit plans to shut joint Kuwait oilfield in May
A Saudi Arabian unit of U.S. oil major Chevron has told its Kuwaiti partner it plans to shut down the Wafra onshore oilfield, jointly operated between the two Gulf OPEC countries, over long-standing disputes. The field has an output capacity of around 200,000-250,000 bpd of Arabian Heavy crude.
24 Apr 15
Italy: Sound Oil commences drilling second well at the Nervesa field
Sound Oil has confirmed the commencement of drilling of the second well at the Nervesa site in the Veneto Region, onshore Italy.
24 Apr 15
Norway: Ithaca Energy announces sale of its Norwegian exploration business
Ithaca Energy has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge, to MOL for an initial consideration of US$60 million. The Company also has the ability to earn additional bonus payments of up to US$30 million dependent on exploration success from the existing licence portfolio.
24 Apr 15
Australia: AWE encounters elevated gas shows at Irwin-1 in the Perth Basin
AWE Limited has reached a total depth of 4,049m at the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, and preparations are now under way to commence a wireline logging program. The well encountered elevated gas shows in the Dongara/Wagina sandstones primary target.



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