Scotland has placed a moratorium on underground coal gasification, a form of unconventional gas extraction, adding to a ban on shale gas that it imposed in January.
Following negotiations, Tullow has regained its 7.5% stake in the Onal Complex producing fields and the Ezanga block (formerly the Omoueyi exploration block). In addition, Tullow said it has been granted license extensions in the Onal Complex fields until 2034 and has gained access to two small oil discoveries made within the Ezanga Block in 2014.
Yields at Hassi Rmel, Hassi Messaoud, Berkine and El Merk fields increased, a presidential statement said, Reuters reported. By 2019, hydrocarbon output could reach 224 million tonnes of oil equivalent.
The Netherlands’ government has twice this year cut production from Europe’s largest gas field due to public safety concerns about production-linked earthquakes, Reuters said. Opposition parties submitted the motion.
Egypt's state gas company EGAS said in a statement it had awarded one license to Britain's BP and one to Italy's Edison. A consortium involving BP and Eni's Egyptian subsidiary had also picked up a block as had another consortium involving Eni, BP and France's Total.
A consent decree filed Oct. 5 details the settlement concerning the Deepwater Horizon accident. The public has until Dec. 4 to comment on a proposed restoration plan.
Attorney General Loretta Lynch and heads of the Environmental Protection Agency, the Departments of Commerce and Agriculture will make announcement at 11 a.m., according to Department of Justice statement, Reuters reported.
Javadi said Iran will hold an "international oil and gas strategy conference" in Tehran to introduce potentials of Iranian private sector.
U.S. District Judge Scott Skavdahl had put the regulations on hold in June as he weighed a request from energy industry groups and four states.
Three of five Gulf of Mexico blocks offered were awarded during the second phase of Mexico’s Round One.
Member Venezuela has pushed for an emergency OPEC meeting with Russia to stem the tumble in prices, Reuters said. Kuwait’s oil minister said global crude oversupply now is about 1.8MMbbl/d.
The commission will be formally launched at an event in Texas on Sept. 28. It will help decision makers implement informed choices by providing research and encouraging debate, Reuters said.