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California shuts down more oilfield wells

19/10/2015

The US State of California has shut down 33 oilfield wells which were allegedly improperly permitted to inject into federally protected water supplies. The move was put into effect late last week affecting oilfield injection wells in the state’s Kern County.

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Dozens killed in Nigeria bombings

16/10/2015

Dozens of people have been killed in a series of bombings in Nigeria. At least 18 people were killed early today when four women suicide bombers were challenged by soldiers as they tried to enter Maiduguri, according to the National Emergency Management Agency. The explosions happened just hours after two blasts near a mosque in the city killed at least 30 people.

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BP trader dubbed “the king of cushing” set to retire

16/10/2015

Oil major BP’s head of crude, dubbed in the industry as “The King of Cushing” is set to retire from the company. David Porteous, in his early 40s, is known as one of the world’s most powerful and best-paid oil traders. BP has one of the biggest oil trading desks in the work and Porteous has made hundreds of millions of dollars for the company, according to reports.

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Shell drill vessels make return from Arctic waters

16/10/2015

Oil major Shell said two drill vessels it had been using before it pulled out of its Arctic operation have safely departed from Alaska. The Noble Discoverer is on its way to Washington State along with the Polar Pioneer after both received a Coast Guard inspection and refuel. Shell said the next destinations for both vessels have not yet been decided upon.

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Ineos senior exec ‘not too concerned’ about fracking motion

16/10/2015

A senior executive of fracking company Ineos has said he is “not too concerned” about a motion at the SNP conference that could result in a further clampdown on the controversial practice. Party members meeting in Aberdeen will today be asked to back a move that would place tighter restrictions on the party’s moratorium on shale gas extraction. The Scottish Government has already halted any fracking until 2017.

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UK Energy Minister denies hostility to green sector

16/10/2015

Energy Secretary Amber Rudd has rejected claims the renewables sector is under attack from the UK Government. The Conservatives have been criticised by the industry for the early closure of the Renewables Obligation (RO) subsidy amid warnings it will deter investment and risk thousands of jobs. Concerns have also been raised that ending the scheme from April – a year earlier than expected – will increase carbon emissions significantly.

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In the heart of Texas oil patch, it’s gas that’s taking off

16/10/2015

The oiliest county in Texas has seen its new natural gas production capacity more than double as drillers home in on their most profitable acreage. The peak output rate from new gas wells in Karnes County has surged 134 percent since January, estimates from Drillinginfo show. The only other county in Texas’s Eagle Ford shale patch where new gas capacity’s gaining is Live Oak, about 50 miles southwest of Karnes, the Austin-based energy data provider said. Gas producers are focusing on the most prolific parts of their plays as they grapple with the worst price collapse since 2008, and Karnes County has long been a sweet spot in Texas’s Eagle Ford formation. The 20,000-square-mile shale play supplies about one-sixth of the nation’s crude.

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SNP claim Labour ‘sat on their hands’ over oil jobs

16/10/2015

Callum McCaig has branded the Labour Party “shameful” amid claims the SNP failed to act to protect North Sea oil and gas jobs. The Aberdeen South MP told a packed conference hall he would have “appreciated some help” from other MPs in his efforts to protect the “vital industry”. Mr McCaig was responding to comments from Kezia Dugdale reported in Energy Voice's sister publication the Press and Journal.

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Chinese investment in UK nuclear power ‘could pose security risk’

16/10/2015

Experts have expressed concern about the prospect of Chinese investment in the UK nuclear power sector, with claims the move could threaten national security. A final investment decision on the new nuclear plant at Hinkley Point, Somerset, could be announced during Chinese president Xi Jinping’s state visit. Chancellor George Osborne has already announced a £2 billion Government guarantee to secure Chinese funding for the Hinkley Point C nuclear power station set to be built by French firm EDF, and indicated that the next step may be a Chinese-designed, Chinese-built nuclear plant at Bradwell in Essex.

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Energy firms bring activity to harbour

14/10/2015

Scrabster Harbour has there is no room for complacency at the Caithness port despite enjoying a huge increase in energy-related activity in the first half of its financial year.