Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, December 13, 2013

PennEnergy's Top Oil & Gas News 12/13

Top Oil & Gas News
Barclays sees 6% oil and gas exploration spending increase for 2014
Barclays Bank has released an oil and gas forecast for 2014 that sees companies spending $723 billion to increase exploration and production. This is a 6.1% increase over 2013 spending.
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PennEnergy Video News Update
From the push for offshore exploration in North Carolina, to the filling of the Gulf Coast Pipeline, to the lease of Dominion's Marcellus acreage, all of the week's biggest headlines are in the PennEnergy Video News Update.
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This Week's Most Popular Oil & Gas News
TransCanada begins filling 700,000 bpd capacity Gulf Coast oil pipeline
Marcellus shale region will provide 18 percent of U.S. natural gas production
Offshore oil drilling would bring 55,000 jobs to NC economy
Dominion leases 100,000 acres of Marcellus shale for natural gas drilling
Phase 1 of Tangshen LNG project becomes operational
Saipem approves sale of offshore production vessel to Eni
Petroamerica announces gas production start-up and exploration well casing
Encana to grow liquids production by 30%
Talisman sells Colombia oil pipeline to investment group
IHS: Upstream oil and gas facility costs hold at near record levels
Aramco opens R&D center in Boston area
New offshore oil and gas discovery for Eni in Barents Sea

Energy Insights
All Energy, All the Time: Starting Over
I just can’t kick the hypothetical idea of Shell selling consumer solar panels, and when presented with the argument that “it’s not in keeping with their business strategy,” I can’t help but respond, “So, change your business strategy.”
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