Posts Tagged ‘EIA’

TransCanada US Keystone XL Pipeline ignores low barrel price

Nebraska Court sets green light to Keystone XL project On January 9th 2015, the Nebraska High Court gave the green light to TransCanada for the acquisition of lands to build and operate its giant Keystone XL Pipeline project to connect the Alberta tar sands to the US Gulf Coast downstream […]

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One Day – One Country: Algeria

Algeria aims to double oil & gas production in 10 years After a couple of years with no significant investments and the trauma of the In Amenas  attack, the Algerian Government and its national oil and gas company (NOC) Sonatrach have decided to ramp up the oil and gas production in order […]

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Ukraine in rush for gas independence with Chevron, Shell and Eni

Chevron at final stage for Oleska Shale Gas project After Eni and Shell, which signed a production sharing agreement (PSA) respectively in June 2012 and January 2013, Chevron is reaching the final stage to close also a PSA with the State Government and Regional Councils of Lviv and Ivano-Frankivsk to explore […]

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One Day – One Country: USA

USA Key Projects and Business Highlights In June 2013, the US energy agency, Energy Information Administration (EIA) updated its estimation of the shale gas reserves in the world and published its first estimations for the shale oil where USA ranks in the Top 5 countries in both cases. According to the 41 […]

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Chevron and YPF closed deal to come back on Argentina Vaca Muerta

Chevron to build shale pilot in Neuquen Province  The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca  Muerta Basin within the Neuquen Province in Argentina. Chevron is […]

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Shell to break Gazprom gas monopoly in Ukraine

Shell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two […]

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US Government to replace WTI for crude oil prices benchmark

EIA to adopt North Sea Brent crude oil as benchmark US Government energy agency, the Energy Information Administration (EIA) published in its annual energy out look its decision to replace the historical West Texas Intermediate (WTI) crude oil traded on New York Mercantile Exchange by the European Brent listed on […]

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Argentina to become world test field for tight oil and shale gas

Schlumberger and Baker Hugues to lead exploration When Repsol-YPF discovered in 2011 the potential reserves of the Vaca Muerta in tight oil and Los Toldos and Totoral permits, it sent the signal to all the 50 companies having licenses in Argentina to drill more and to take their chance at the […]

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Chevron and YPF to explore tight oil and shale gas in Argentina

YPF and Chevron signed MOU in unconventionals YPF SA (YPF) the Argentina’s national oil company and the international oil company Chevron Corporation (Chevron) signed a memorandum of understanding to explore and develop the local unconventional resources in oil and gas. According to the US Energy Information Administration (EIA) Argentina is the […]

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Petronas and UOP to cooperate in gas processing technology

Floating LNG lead Petronas to develop new solutions Petroliam Nasional Berhad (Petronas) from Malaysia and Honeywell’s UOP from Des Plaines, Illinois, USA, signed a cooperation agreement to develop new solutions for the natural gas treatment on board of vessels. While the crude oil production is stalled on a plateau, the […]

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