Oil & Gas Journal News

The US Senate approved Tom Udall (D-NM) and John Barrasso’s (R-Wyo.) bill permanently extending a US Bureau of Land Management drilling permit processing improvement pilot program that was established under the 2005 Energy Policy Act. It was scheduled to expire in 2015.

Oil and gas analyst Wood Mackenzie Ltd. forecasts that global propylene production capacity will increase to 165 million tonnes/year (tpy) by 2030 from a current 109 million tpy, prompting a radical shift in historical supply relationships.

Statoil ASA will lay up a second semisubmersible drilling rig that it says exceeds the needs of its current program offshore Norway.

Russia’s Precaucus and Uralian Foreland basins are the oldest and most developed oil and gas producing regions in the country. As the “birthplace” of Russia’s oil industry, the Precaucus was first developed in the late 19th century. Production improved rapidly after 1920 and entered steep decline after 1970.

Eni SPA has made an oil discovery on Block 15/06 in the Ochigufu exploration prospect offshore Angola. It is the 10th commercial oil discovery for the block, and is estimated to hold 300 million bbl of oil in place.

The American Fuel & Petrochemical Manufacturers launched a workforce development web site to provide information for anyone seeking a career in the two industries. “The refining and petrochemical industries want to let people know that we are hiring,” AFPM Pres. Charles T. Drevna said. “If you have a high school degree, or if you have a college degree, we want you to consider a career in these industries.”

Spectra Energy Corp., Spectra Energy Partners, and Northeast Utilities (NU) plan to build the 1-bcfd Access Northeast natural gas pipeline expansion project, designed to increase gas supplies to New England. Spectra says the project will enhance the Algonquin and Maritimes pipeline systems, using existing routes.

Oil futures rebounded on the New York and London markets Sept. 16, which analysts attributed largely to reported comments about a possible production cut for next year by the Organization of Petroleum Exporting Countries.

Sasol Petroleum International, the upstream unit of Sasol Ltd., has let a services-related contract to a subsidiary of Foster Wheeler’s global engineering and construction group for an electrical expansion project at Sasol’s gas processing plant in Temane, Mozambique.

Mexico’s Petroleos Mexicanos (Pemex) has let a contract to South Korea’s Samsung Engineering Co. Ltd. for the execution of an ultralow-sulfur diesel (ULSD) project at its Antonio M. Amor refinery in Salamanca, in Guanajuato state.

Power Engineering News

The U.S. Nuclear Regulatory Commission (NRC) said that potential environmental impacts do not preclude renewing the operating license for the Limerick nuclear power plant in Pennsylvania.

The Nymex price for October delivery of natural gas is now $4/mmBtu, according to data posted by the Energy Information Administration (EIA) on Sept. 17.

Kurion Inc. is one of three companies that will sign a contract soon to study the scaling up of technology to remove tritium from wastewater at the Fukushima Daiichi nuclear power plant.

Michigan South Central Power Agency (MSCPA) has awarded a contract to GE’s Distributed Power business (NYSE: GE) for its low-emissions reciprocating engine technology to replace outdated diesel units.

The U.S. Environmental Protection Agency is out for public comment until Oct. 17 on a draft air permit for the Red Gate power plant project of South Texas Electric Cooperative (STEC).

The U.S. Senate Sept. 16 confirmed two nominees to the U.S. Nuclear Regulatory Commission (NRC).

Amid action in Congress to intensify the fight against Islamic State militants, Senate Majority Leader Harry Reid found time Tuesday for an issue closer to home: ensuring that a nuclear waste dump in his home state of Nevada remains mothballed even after the government has spent $15 billion on it.

The Emirates Nuclear Energy Corp. (ENEC) said the first unit of the Barakah nuclear power plant is more than halfway finished.

Consumers Energy, Michigan's largest utility, and a subsidiary of CMS Energy (NYSE: CMS), reached agreement with the U.S. Environmental Protection Agency (EPA) and U.S. Department of Justice (DOJ) that addresses alleged past violations of New Source Review and provisions of the Clean Air Act.

The Environmental Protection Agency on Tuesday gave the public 45 more days to weigh in on a plan that would for the first time curb the pollution blamed for global warming from the nation's coal-fired power plants.