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Chevron eyes newbuild FPSO
US supermajor Chevron has put out feelers in the shipbuilding market covering a potential newbuild floating production, storage and offloading vessel for one of its giant projects | Upstream Online
Lukoil field 'hit by blaze'
A fire triggered by a release of hydrocarbons was reported to have broken out earlier this week at a Lukoil-operated field in the Timan-Pechora region of Russia | Upstream Online
President Jonathan claims Nigerians are happy with electricity
President Goodluck Jonathan has claimed that his government has done well in turning around the deficit in the power sector and that he believes that Nigerians are pleased with his government over this development | SweetCrude
Shell’s Voser Says Lower U.S. Gas, Oil Prices Curb Earnings
Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Voser said lower North American crude and gas prices will curb earnings at Europe’s largest oil company | Bloomberg
Oz to introduce mandatory reporting
The Australian government announced plans on Friday to implement a national mandatory reporting regime for petroleum statistics | Upstream Online
Norwegian Sea 'has CO2 storage potential'
The Norwegian Sea could have storage capacity for about 5.5 billion tonnes of carbon dioxide, which is more than 100 times Norway’s total emissions of the greenhouse gas last year, according to the state petroleum agency | Upstream Online
DAVOS, Switzerland (AP) -- Activists with a big fake polar bear have occupied a Shell service station in the Swiss resort of Davos to protest Royal Dutch Shell PLC's oil drilling in the Arctic | Associated Press
TRANSACTIONS
Aker Wins Statoil Deepwater Umbilical Contract
Aker Solutions' scope of work includes the design, engineering and manufacturing of dynamic and static umbilicals, a riser base and ancillary equipment | SeaDiscovery
PA Resources wraps rights issue to pay bonds
Swedish independent PA Resources has grossed $109 million in a Stockholm rights issue aimed at addressing the explorer’s “strained financial position” | Upstream Online
Forum Energy gets more time for SC72 probes
London-listed Forum Energy has said it has been given a two-year extension on a South China Sea contract off the Philippines to allow it to drill two appraisal wells | Upstream Online
ARTICLES
Russia to keep state companies' monopoly on offshore reserves
Any feasible liberalization of access to Russia's vast offshore hydrocarbons reserves remains unlikely, according to the government's latest round of discussions on the matter, despite numerous recent comments by officials suggesting an expansion to other players may be on the cards | Platts
EU’s energy market reforms making a difference
January 23, 2013 - It’s nearly two years since the EU’s third package of energy market reforms took effect, so what difference have they made? | Platts
Canadian oil trapped by tight line capacity
The fact that Canada needs new markets for its crude exports is nothing new. Nor is the story about China wanting to get its hands on some of these exports, considering the $15 billion CNOOC recently threw at Nexen for its valuable Canadian acreage | Platts
VIDEO
EU biofuels industry moves to tighten control of waste biofuels
Platts editors, Guilherme Kfouri and Kimberly Peterson, discuss the growing concern of fraud surrounding waste-derived biofuels, as the industry steps up efforts to curtail bogus trading practices | Platts
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