Energy

First reported 12 hours ago - Updated 42 mins ago - 15 reports

New rules proposed for oil train cars

Responding to a series of fiery train crashes, the federal government proposed rules Wednesday that would phase out tens of thousands of older tank cars that carry increasing quantities of crude oil and other highly flammable liquids through America’s ... [Published NewsOK.com - 42 mins ago]
First reported 13 hours ago - Updated 1 hour ago - 6 reports

United States proposes tougher rules for moving crude oil, ethanol by rail

Older rail tankers would be phased out in two years and speed limits would be lowered for trains transporting highly flammable crude oil and other dangerous liquids under rules prompted by a series of derailments such as those in Vandergrift and Philadelphia ... [Published Pittsburgh Tribune Review - 1 hour ago]
First reported 20 hours ago - Updated 2 hours ago - 9 reports

Petronas announces first oil production from Bentara field

KUCHING: Petroliam Nasional Bhd (Petronas) announced that Bentara field in the Balai Cluster Risk Service Contract (RSC) area […] ... [Published MySarawak - 2 hours ago]
First reported Jul 23 2014 - Updated 2 hours ago - 10 reports

NYMEX-U.S. crude steady above $103; inventories fall more than expected

SINGAPORE, July 24 (Reuters) - U.S. crude was little changed near $103 a barrel in early Asian trading on Thursday, holding on to previous day gains due to a higher-than-expected decline in crude inventories.Geopolitical tensions in Eastern Europe and ... [Published CNBC - 2 hours ago]
First reported 11 hours ago - Updated 3 hours ago - 3 reports

API rebuts speculation of Bakken crude

The American Petroleum Institute (API) rebutted speculation by the Department of Transportation about the characteristics of crude oil from the Bakken in North Dakota."The best science and data do not support recent speculation that crude oil from the ... [Published Oil Online - 3 hours ago]
First reported 15 hours ago - Updated 5 hours ago - 3 reports

Crude Oil Rises On Drop In US Crude Inventories, Geopolitical Risk

NEW YORK, July 23 (Reuters) - Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.U.S. crude's gains outpaced Brent's for most of ... [Published Rigzone - 5 hours ago]
First reported Jul 22 2014 - Updated 5 hours ago - 21 reports

Talisman confirms approach by Repsol, but says interest may be in specific assets

Talisman Energy Inc. said Wednesday it's been approached by Repsol SA regarding possible deals, but the Spanish company may be more interested in scooping up parts of the company than buying the whole package. ... [Published CTV News - 5 hours ago]
First reported 14 hours ago - Updated 5 hours ago - 15 reports

Talisman Energy says approached by Spain's Repsol about deal

Talisman Energy Inc ( Talisman, which has a market capitalization of nearly C$11 billion ($10.2 billion), did not provide details saying only it had been contacted by the Spanish firm "with regards to various transactions."The company, which operates ... [Published Reuters - 5 hours ago]
First reported 14 hours ago - Updated 6 hours ago - 7 reports

Algonquin Power goes activist on Gas Natural

Canada's Algonquin Power & Utilities Corp. sent a letter to Gas Natural Inc.'s [EGAS] board on Wednesday insisting that they "immediately" commence a process to maximize shareholder value through the sale of the company."We intend to interact with ... [Published TheDeal.com - 6 hours ago]
First reported Jul 22 2014 - Updated 9 hours ago - 14 reports

Eustream to begin reverse-flow gas supplies to Ukraine September 1

PRAGUE, July 23. /ITAR-TASS/. Reverse-flow gas supplies from Europe to Ukraine may begin on September 1 to deliver about 10 billion cubic metres of fuel a year using a hitherto unused municipal pipeline in eastern Slovakia, its gas operator Eustream said ... [Published Itar Tass - 9 hours ago]
First reported 21 hours ago - Updated 9 hours ago - 7 reports

Ruspetro Conducts Successful Flow Test on Ru...

Junior explorer Ruspetro reported Wednesday that it has successfully carried out a 10-day flow test on its first multi-stage fractured horizontal well (No. 214) in the Pottymsko-Inginsky license area of Russia.Three large fractures were placed in the ... [Published Rigzone - 13 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 5 reports

Equatorial Guinea Oil and Gas Report 2014 - Trends, Market Opportunities and Outlook to 2025

Research and Markets (http://www.researchandmarkets.com/research/r3lnxb/equatorial_guinea) has announced the addition of the "Equatorial Guinea Oil Gas Trends, Market Opportunities and Outlook to 2025" report to their offering. Equatorial Guinea oil and ... [Published Individual.com - 16 hours ago]

Quotes

"So if we can't get more gas supplies on stream and we can't remove some of these distortions from the gas market, the manufacturing sector will suffer and that flows through to the broader economy."
"As such, PH-EITI seeks as large a percentage of waiver-compliant companies as possible, to ensure a comprehensive report that accurately reflects the aggregate payments of companies to the government" it added
...try to locate the conductor and engineer and try to locate the shipping papers and the manifest," explained Romach about their current response. "We do have our dispatchers communicate with the CSX dispatchers so it just depends, not as quickly as we would like."
"It's hard for any business in our country. I'm absolutely aware of that from my own experience" he told 'Forbes' magazine last year. While Mr Lebedev made his fortune from the oil business, he has also pursued investments in movies

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