News / International
British Columbia Bans LNG Pipeline Conversion
British Columbia, Canada's West Coast province, banned the transportation of oil and bitumen through pipelines built specifically for liquid natural gas, according to a press release from British Columbia Minister of Natural Gas Development Rich Coleman.
LNG Facilities Proposed in Florida
Florida East Coast Industries proposed the creation of a liquefied natural gas production and distribution facility, which would be located in Titusville, Florida, according to Florida Today.
Progress Made on Morocco Drilling Activities
Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia and Colombia is pleased to provide the following update on drilling activities in Morocco.
Algerian Energy Minister Insists No Danger from Shale Gas
The exploitation of shale gas in In Salah doesn't present any danger, Energy Minister Youcef Yousfi ensured during a meeting Thursday with representatives of the protesters against the exploitation of this resource in the region, an official of Tamanrasset province said.
$70 Billion to be Invested in Algerian Shale Gas Exploration: Sonatrach CEO
The public group Sonatrach will invest no less than "$ 70 billion" for the exploitation of shale gas in Algeria, said Sunday the CEO of the company, Said Sahnoun, despite the opposition of the inhabitants of the Saharan regions where gas field are found.
Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe
Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region.
Kuwait Has Potential Shale Oil Reserves
According to an unofficial specialized study, there is a potential of existence of shale oil in Kuwait as there are 23 calcareous clay layers expected to be a source of shale oil and gas, an expert said.
Kuwait Sets $155 Billion Capital for Five Year Development Plan
The Kuwaiti government has set capital spending in the five-year development plan starting in April at KD 45.5 billion ($155 billion), a majority of which will be spent on projects and development of human resources, MP Mohammad Al-Jabri said yesterday.
