Oil & Gas Journal News

Noble Energy Inc. reported that the company has elected David L. Stover as president and chief executive officer. Stover succeeds Charles D. Davidson as chief executive officer. Davidson earlier this year announced plans to retire effective May 1, 2015.

Trinidad and Tobago’s Petrotrin LLC has reported it will restart production from its Southwest Soldado field, adding 600 b/d of oil to its production.

An independent assessment carried out by RPS Energy on behalf of Taipan Resources Inc. has resulted in an increase in Taipan’s total gross aggregate mean prospective resource on Block 1 in northern Kenya to 1,303 million bbl of oil. Of that total, Taipan holds working interest in 260 million bbl.

In a long-awaited move, India’s Cabinet Committee of Economic Affairs (CCEA) has approved a natural gas pricing policy that modifies the Rangarajan formula.

Christophe de Margerie, chairman and chief executive officer of Total SA, died Oct. 20 in the crash of a private airplane at Vnukovo Airport in Moscow.

Statoil ASA proved a 25-m oil column in the D-structure of the Heimdal formation north of the North Sea’s Grane field.

Cairn India Ltd. has appointed Mayank Ashar as managing director and chief executive officer, effective Nov. 17.

Crude oil prices fell only slightly on the New York market Oct. 20 after the US light, sweet crude benchmark tumbled much of last week and has been down for 3 consecutive weeks while Brent crude oil prices have declined on the London market for 4 consecutive weeks.

-Momentum appears to be shifting in the oil and gas industry's favor in Colorado after Gov. John Hickenloooper brokered a compromise that keeps off the November ballot two initiatives that were poised to place greater restrictions on development, and legal and political setbacks befell separate local measures that sought to restrict or ban hydraulic fracturing.

A series of unusual earthquakes in North Texas is prompting state regulators to look closely at a potential link between seismic activity and wastewater injection wells.

Power Engineering News

Gamesa turned over ownership of a 74-MW wind farm in Mexico to Grupo México.

Storing electricity on a large scale has long been pursued by electric utilities in hopes of using the power to cover periods of peak demand.  

Power output at Heysham 1 and Hartlepool nuclear power plants, in the U.K., were temporarily taken offline to reduce boiler temperatures and prevent cracks, EDF announced on Friday.

A new high-performance water treatment system has begun testing at the Fukushima Daiichi Nuclear Power Station, and is expected to boost water treatment capacity by 500 tons a day while reducing its radioactive waste output by 90 percent, according to a release from Tokyo Electric Power Co. (TEPCO).

GE’s Distributed Power business (NYSE: GE) will supply Jenbacher gas engines to several bioenergy power plants that Phoenix Energy will build around California.

TECO Energy (NYSE: TE) signed an agreement to sell its coal mining unit, TECO Coal and its subsidiaries, to Cambrian Coal Corp. for $170 million.

S&C Electric Co. deployed six 25-kW PureWave energy storage systems at its global headquarters in Chicago.

As the Dec. 1 deadline for the comment period on the U.S. Environmental Protection Agency’s proposed Clean Power Plan approaches, the agency continues to gather information on the proposal, Sarah Dunham, director, Office of Atmospheric Programs with the EPA said on Oct. 14.

New analysis from Frost & Sullivan finds that the global market for diesel generator sets earned $11.22 billion in 2013, and will grow to $15.72 billion by 2018. The study examined the residential, industrial commercial, and institutional end-user segments of the market.