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Nigerian oil export delays worsen, exports fall
GENEVA (Reuters) - Nigerian oil exports are set to fall to below 2 million barrels per day (bpd) in January and delays on a key grade doubled to nearly a month, indicating that supply problems in the leading African producer are far from over | Reuters
Minister: Singapore's Offshore and Marine Sector to Remain Resilient
The outlook for Singapore's offshore and marine sector will remain resilient amid the global economic downturn, buoyed by continued growth in Asia, the country's Second Minister for Trade & Industry, S. Iswaran, said in a published address Tuesday | Rigzone
Petrodollars: Southeast Asian countries brace for expensive natural gas
Indonesia and Malaysia were part of the small fraternity of countries that exported LNG. But now trends will put them into the category of LNG importers, and they, along with Vietnam, are wrestling with the impact that high natural gas prices will mean for their countries. In this week’s Oilgram News column, Petrodollars, Song Yen Ling discusses what steps these countries are taking | Platts
GDF Suez Takes Government to Court Over Natural Gas Prices
GDF Suez (GSZ) SA, France’s biggest distributor of natural gas, is taking the government to court over its decision to cap a fourth-quarter increase in regulated fuel rates | Bloomberg
BP said on Friday that it had appointed H. Lamar McKay to run its exploration, development and production operations worldwide, wrapping up a restructuring of the unit after the disastrous oil spill in the Gulf of Mexico in 2010 | NYTimes
Natural gas drillers target US truck, bus market
SCRANTON, Pa. — If the trash truck or bus rolling down your street seems a little quieter these days, you're not imagining things. It's probably running on natural gas | WallStreetJournal
Sweden to get second LNG terminal
Skangass AS, Stavanger, has awarded a $57 million engineering, procurement, construction, and installation contract to Linde Group, Munich, to build an LNG import terminal at Lysekil on the west coast of Sweden about 62 miles north of Gothenburg | Oil & Gas Journal
Rising costs 'top worry' in Asia Pacific
Increasing operating costs will be the biggest barrier to oil and gas companies’ growth in Asia Pacific next year, according to new research by independent technical advisor GL Noble Denton | Upstream Online
Petronas Discovers over 4TCF of New Gas Reserves Offshore Sarawak
Malaysia is one step closer to strengthening its position as an Asia’s liquefied natural gas powerhouse with the discovery of two major gas reserves offshore Sarawak | Rigzone
TRANSACTIONS
Petrobras sells Santos Basin stake to OGX for $270 mln
Nov 26 (Reuters) - Brazil's state-led oil company Petrobras agreed to sell its 40 percent stake in the Santos Basin's BS-4 concession to OGX Petróleo e Gás Participações S.A. for $270 million, according to a securities filing on Monday | Reuters
ONGC strikes $5B deal for stake in Kazakhastan oilfield
State controlled oil & gas major has struck the biggest overseas deal by an Indian firm this year and will pay $5 billion for minority stake in ConocoPhillips' Kazakhastan oilfield | VCCircle
Falkland Oil and Gas announces Scotia (FI31/12-01) well results
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces the results of the Scotia exploration well | Oil Voice
Clough JV wins $75m work in PNG
Clough says its joint venture with Curtain Bros has received $75 million in work orders for the PNG LNG upstream infrastructure project | West Australian
HRT, Galp pen Namibia farm-out
Brazilian independent HRT on Monday unveiled a long-awaited farm-out agreement for blocks off Namibia, saying Galp Energia would take a 14% stake and contribute to well costs in three exploration areas | Upstream Online
Tangiers drops Oz block
Australia’s Tangiers Petroleum has relinquished an onshore permit in Queensland as it looks to switch its focus to further growth in Africa | Upstream Online
ARTICLES
LNG in Asia: Let the renegotiations begin
There have been numerous references in the world's press recently about the increasing globalisation of the LNG market. The growth of supply has increased the Asian demand for greater pricing and contract length flexibility. With Singapore also developing LNG bunkering facilities and increasing its terminal's storage capacity, a bigger spot market for LNG appears to be fast approaching | Oil Voice
Gas and Supply: Pursuit of Excellence
In this, the seventh article in a series on Continuous Improvement as a key business strategy, the authors look at how eliminating waste in the workplace positions a successful company for greater achievements, efficiencies, and productivity. Gas and Supply (gasandsupply.com), headquartered in Baton Rouge, LA, embraced the culture change needed for them to incorporate Continuous Improvement and found that by building internal teams to eliminate waste from the work place, they were able to establish and achieve higher standards for employees and customers alike. | CryoGas International
Shell's Pickard says FLNG could be 'saviour' of Australia's LNG industry
SHELL Australia head Ann Pickard has hit back at West Australian Premier Colin Barnett's criticisms of the company's floating liquefied natural gas technology, with Ms Pickard describing FLNG as the potential "saviour" of Australia's LNG industry | The Australian
Anti-renewable-energy report cited by LePage was funded by fossil fuel interests
In September, Gov. Paul LePage cited a report that said Maine's renewable energy mandate would cost electricity ratepayers $145 million and nearly 1,000 jobs by 2017. The study was immediately challenged for its conclusions, and now its motives are under scrutiny | OnlineSentinel
Strategies for crisis management in oil and gas
In the wake of oil spills and the disaster issues that ensue, it is not surprising that health, safety and crisis management has become the subject of much scrutiny in the oil and gas industry recently | Pipelines International
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