CLICK ON THE LINKS FOR FULL STORIES
OPEC Crude Oil Output Drops to 30 Million Barrels per Day in September
LONDON, Oct. 10, 2011 /PRNewswire/ -- The Organization of the Petroleum Exporting Countries (OPEC) oil production declined by 130,000 barrels per day (b/d) to 30 million b/d in September, due mainly to lower volumes from Saudi Arabia and sabotage-hit Nigeria, a just-released Platts survey of OPEC and oil industry officials and analysts showed | Your Oil and Gas News
Uganda: Oil bubble bursts
An MP yesterday submitted a document fingering ministers, including Prime Minister Amama Mbabazi, as having pocketed billions of shillings in commissions as the House opened a stormy debate on what they called the “shameless corruption” ripping through the oil sector | The Monitor
Crude holds on European optimism
Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders vowed to unveil a plan to resolve the region's debt woes while a strike in Opec member Kuwait threatened exports | Upstream Online
Nigeria oil unions begin three-day warning strike over insecurity in Delta
Nigeria's oil unions Monday began a three-day warning strike over growing insecurity in the oil-rich Niger Delta | Platts
China, Russia talk energy as Putin visits
China and Russia will discuss an elusive giant gas deal during Prime Minister Vladimir Putin's visit to Beijing, but a Russian official said on Monday that there were no plans to sign an agreement just yet | Upstream Online
Shell oil block divestment plan runs into hitch
Plans by Shell to conclude sales agreement for its share in four Nigerian oil blocks have run into a hitch following a row over the operatorship of the oil blocks located in the Niger Delta | The Vanguard
Shell declares fresh force majeure over Niger Delta explosion
An explosion on a Shell Petroleum pipeline in Nigeria has led the company to declare force majeure on some crude oil exports from the country for almost three months | The Vanguard
Nigeria: PHCN to shut down five power stations over loss of gas
The Power Holding Company of Nigeria (PHCN) has announced plans to shut down five power plants across the country, a plan that will drastically reduce the present state of power generation | The Vanguard
Thailand revives hub plan
Thailand aims to revive a long-stalled plan to become an oil trading and biofuel hub in Southeast Asia, challenging Singapore's dominance, its new energy minister said on Thursday | Upstream Online
Nebraska asks Clinton to reroute Keystone
Nebraska Governor Dave Heineman asked US Secretary of State Hillary Clinton on Friday to reroute a proposed oil pipeline from Canada to Texas so that it avoids crossing a major underground aquifer in his state | Upstream Online
The One Time It Makes Clear Sense to Buy E85
E85 may be cheaper than regular gasoline or E10, but the lower energy content means you might come out paying more for less in the long run. Still, there is one clear case where it makes sense to buy the stuff: rental cars | Popular Mechanics
Point Hope, environmentalist group appeal Shell drilling
In what has become standard practice for any major Alaska oil and gas permitting decision, a group of organizations opposed to Arctic offshore oil and gas development has appealed to the U.S. Court of Appeals for the 9th Circuit over the Bureau of Ocean Energy Management, Regulation and Enforcement's Aug. 4 conditional approval of Shell's Beaufort Sea exploration plan | Anchorage
Nigeria: Removal of oil subsidy may push the masses to the wall – Rivers NIPR
The Nigerian Institute of Public Relations has appealed to the Federal Government to rescind its decision on the removal of fuel subsidy, citing poor timing and the inability of many state governments to pay the N18,000 minimum wage | The Vanguard
No comments:
Post a Comment