Archive for 'Oil and gas'

Spanish utility company Enag

Kazakhstan expects its oil production to stay around 2013 levels until 2016, when it hopes to restart the giant Kashagan oilfield halted by an industrial accident, a senior Kazakh official said on Wednesday. The Central Asian nation aims to produce 81.8 million tonnes (1.64 million barrels per day) of crude this year, Deputy Energy Minister Magzum Mirzagaliyev told reporters on the sidelines of an international oil and gas conference. « Next year production is expected to be at the ...

The Energy Department announced that it has issued the final authorization to Cameron LNG, LLC (Cameron) and Carib Energy LLC (Carib) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Cameron LNG Terminal in Cameron Parish, Louisiana is authorized to export LNG up to the equivalent of 1.7 billion standard cubic feet per day (Bcf/d) of natural gas for a period of 20 years. Carib ...

A tanker carrying crude oil from Iraqi Kurdistan was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude. Coast Guard officials went aboard the tanker United Kalavrvta on Sunday and verified the ship and crew’s ability to safely offload the oil, a Coast Guard spokesman said. The ship set sail from the Turkish port ...

raqi Kurdistan looked set to unload in Israel a first cargo of disputed crude oil from its new pipeline after weeks of seeking an outlet as Iraq’s central government has threatened legal action against any buyer. The SCF Altai tanker was anchored near Israel’s Ashkelon port early on Friday morning, ship tracking and industry sources said. The tanker is expected to dock early on Saturday, local sources said. Securing the first sale of oil from its independent pipeline ...

By the end of this year, Texas’ oil production could exceed the output of every OPEC country but Saudi Arabia. The state’s production, driven mainly by the Eagle Ford Shale in South Texas and the Permian Basin in West Texas, will reach about 3.4 million barrels per day, propelling Texas past Iraq and Iran, said Greg Leveille, manager for technology program-unconventional reservoirs at ConocoPhillips. Among non-OPEC countries, only Russia, the United States as a whole, China and Canada ...

Exxon Mobil is working to reopen one of Britain’s main underground fuel pipelines after the discovery of a tapping device and a stash of diesel that police believe was siphoned off by thieves. The company, which operates as Esso in Britain, said on Tuesday that the device was found on the Midline pipeline that transports fuel from its Fawley Refinery near the south coast to its Birmingham fuel terminal in central England. « Our specialists are now working to ...

Petroleos Mexicanos, the fifth-largest crude producer, is seeking to retain all of Mexico