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Moniz, sworn in as energy secretary, delays action on LNG exports

The Canadian PressMay 21, 2013 16:16
WASHINGTON - Energy Secretary Ernest Moniz said Tuesday he will put on hold about 20 applications to export liquefied natural gas until he reviews studies by the Energy Department and others on what impact the exports would have on domestic natural gas supplies and prices. Moniz, who was sworn in Tuesday as the nation's new energy secretary, said he promised during his confirmation hearing that he would "review what's out there" before acting on proposals to export natural gas. Among the things Moniz said he wants to review is whether the data in the studies are outdated.

Coast Guard investigates Shell barge that ran aground in Alaska; hearing could last 2 weeks

The Canadian PressMay 19, 2013 13:01
ANCHORAGE, Alaska - The Coast Guard will kick off hearings Monday on how a Royal Dutch Shell PLC drill barge used for Arctic Ocean exploratory drilling ended up aground off a remote Alaska island. The Kulluk was under tow and bound from the Aleutian Islands' Dutch Harbor to a Seattle shipyard when it ran into rough Gulf of Alaska water. It broke from its towing vessel, and after four days of futile attempted hookups, ran aground New Year's Eve in shallow water off Sitkalidak Island, near Kodiak Island.

U.S. OKs liquefied natural gas exports to Japan, others

Kyodo News InternationalMay 18, 2013 00:00
The United States said Friday it will allow exports of domestically produced liquefied natural gas to Japan and other countries to which it is not bound by free trade agreements, authorizing a plan to deliver shale and other gases from Texas. Japan hailed the move as it had been asking the United States to lift a ban on LNG exports to meet its energy needs after most of its nuclear reactors were suspended following the 2011 Fukushima nuclear disaster as well as rising prices of energy imports.

Motegi calls for early approval of natural gas exports

Kyodo News InternationalMay 3, 2013 21:00
Japanese trade minister Toshimitsu Motegi called for early approval for exports of liquefied natural gas to Japan in a meeting Friday with Acting Energy Secretary Daniel Poneman, saying securing a relatively cheap energy source is crucial for Japan. Poneman told Motegi that he fully recognizes that U.S. LNG exports are an urgent issue for Tokyo and said that the Energy Department will examine each project in line with U.S. law in a responsible manner, the trade minister told a press conference.

Motegi in Brazil to pitch offshore platform for oil development

Kyodo News InternationalMay 2, 2013 12:15
Japanese trade minister Toshimitsu Motegi met with his Brazilian counterpart Fernando Pimentel on Thursday to market a mega offshore logistics hub that will help the South American country to enhance development of offshore oil fields and other marine resources.

Iran to export liquefied natural gas soon

April 15, 2013 16:03
Iran has achieved self-sufficiency in the production of liquefied natural gas and will export the product in the future, Press TV reported Sunday, quoting an Iranian deputy oil minister. Alireza Zeighami said Iran has stopped importing 800 tons of liquefied natural gas, or LNG, from neighboring states every day, which it used to do, since it became self-sufficient in the product. "Following the complete development...

Senate body for resolving communities’ problems at oil, gas fields

April 12, 2013 10:04
Senate Standing Committee on Petroleum and Natural Resources on Thursday underlined the need for taking solid steps to resolve problems of the communities living around oil and gas fields.The committee met here with Senator Muhammad Yousuf in the chair was of the view that certain problems emerged for oil and gas companies as a result of non-resolution of problems of the local communities.Thus, the committee’s members said oil and gas companies should provide jobs to local people and initiate projects for their welfare and development of the area in order to create conducive

Conoco halts offshore drilling in Alaskan Arctic

April 10, 2013 16:02
US oil giant ConocoPhillips on Wednesday announced it is suspending its offshore Alaska drilling program in the Alaskan Arctic due to changing regulations. Two months after a similar move by Shell, ConocoPhillips cited "evolving" federal regulatory requirements in putting on hold its 2014 exploration drilling plans in the Chukchi Sea on Alaska's northern coast.

Early completion of oil tankers terminal stressed

April 3, 2013 12:18
Sindh Chief Secretary Raja Muhammad Abbas has advised the Zulfiqarabad Oil Tanker’s Terminal stakeholders to speed up the accomplishment of project, so that the shifting of oil tankers could be ascertained expeditiously.

CORRECTED: S. Korea's Hyundai wins $2 bn French order

March 26, 2013 01:00
Hyundai Heavy Industries, the world's largest shipbuilder, said Tuesday it had won a $2.0 billion order to build two offshore platforms for French energy giant Total. Under the deal with Total's Congo unit, the South Korean company will build and deliver by early 2016 a drilling platform and a floating oil and gas production platform, Hyundai said in a statement.
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