Daily Archives: May 24, 2016

KPMG: Price volatility driving energy business model transformations

Rate this article Volatile oil and natural gas prices have accelerated planning by energy executives to change their business models, KPMG Global Energy Institute said May 24 with the release of annual survey results of US senior energy executives. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Venezuela, Trinidad and Tobago sign cross-border development deal

Rate this article Venezuela and Trinidad and Tobago have signed a unitization and unit operating agreement for the development and production of the 10-tcf Loran Manatee cross-border natural gas fields that the two countries share. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Sevan Marine tests cylindrical hull for Gulf of Mexico

Rate this article Under a program organized RPSEA, Doris Inc., the Offshore Technology Research Center at Texas A&M University, and Sevan Marine have carried out further research and model scale testing of Sevan Marine’s cylindrical hull for application in the ultra-deepwater in the Gulf of Mexico. Read Full Article Here For more great articles: Offshore…

KMI withdraws FERC application for NED pipeline

Rate this article Kinder Morgan Inc. has officially withdrawn its application to the US Federal Energy Regulatory Commission for the Northeast Energy Direct (NED) natural gas pipeline. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

India launching bid round for small fields

Rate this article India is launching a bid round for 67 small fields in 46 contract areas in nine sedimentary basins, reported India’s Press Information Bureau. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Angola LNG re-starts production

Rate this article By LNG World News The Chevron-led $10 billion Angola LNG project has started producing chilled gas with first cargoes to be available soon on a tender, the project’s spokeswoman told LNG World News on Tuesday. In an emailed statement, the spokeswoman said, “the re-commissioning of the plant is proceeding satisfactorily and in…