Oil & Gas
Top stories summarized by our editors
9/19/2018

An unusual pattern in some of the small earthquakes in California's San Bernardino Basin may be the result of creeping faults over 10 kilometers below the surface, scientists say. Studying the fault behavior may improve researchers' analysis, but the study's authors caution against using the information in the San Bernardino Basin to predict loading in the San Jacinto and San Andreas faults.

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ScienceDaily
9/18/2018

Scientists examining topographical maps created from Dawn space probe data have found evidence of what were once 22 ice volcanoes on the surface of the dwarf planet Ceres, according to findings published in Nature Astronomy. Researchers estimate the cryovolcanoes erupted for billions of years before flattening as they aged.

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Science News
9/18/2018

Cheniere Energy has entered into a 15-year pact to sell liquefied natural gas to Dutch oil trader Vitol. Under the deal, Vitol will purchase 700,000 metric tons of LNG annually, beginning this year.

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Reuters
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Vitol, Cheniere Energy, Cheniere
9/18/2018

New tariffs on an additional $200 billion worth of Chinese goods will negatively affect American consumers and businesses, as well as oil and natural gas drillers, says Kyle Isakower, the American Petroleum Institute's vice president for regulatory and economic policy. This decision conflicts with the administration's desire for energy dominance and economic growth, adds Isakower.

9/18/2018

The Federal Energy Regulatory Commission authorized Dominion Energy to resume construction on the 600-mile Atlantic Coast Pipeline after the US Fish and Wildlife Service revised its opinion and the National Park Service gave a new permit for the project. Work on the natural gas pipeline had been suspended following a federal appeals court's decision to toss out the agencies' approvals.

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The Associated Press
9/18/2018

Shipments of Libyan crude to the US are rebounding as four tankers loaded with 2.1 million barrels in all are heading or have made it to ports in Philadelphia, Houston and New York this month, up from zero barrels in August. Meanwhile, imports of Saharan blend are plunging from 140,000 barrels per day in August to 48,000 barrels per day in September.

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Reuters
9/18/2018

The Trump administration is considering nominating Art Graham, chairman of the Florida Public Service Commission, to the Federal Energy Regulatory Commission following the departure of Commissioner Robert Powelson.

9/18/2018

Saudi Aramco will spend over $133 billion over the next 10 years on drilling for oil and natural gas, says Mohammed al-Qahtani, the company's senior vice president for upstream. The effort is part of the Saudi Vision 2030 initiative.

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Reuters
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Saudi Aramco
9/18/2018

Shell UK says changes to its operating model at central North Sea offshore platforms will include the creation of operation and maintenance technician positions. The company, which expects to enact the changes in the second quarter of 2019, also will include a staff rotation involving two weeks of offshore work and three weeks of field break.

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Rigzone
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Shell UK
9/18/2018

US shale oil production is predicted to climb by 79,000 barrels per day to 7.6 million barrels per day in October, fueled by a projected increase of 31,000 barrels per day in output from the Permian Basin, according to the Energy Information Administration. In addition, US shale gas production is expected to hit a record 73.1 billion cubic feet per day next month.

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Reuters