US | Egypt Oil & Gas - Part 23
US Senate Approves Keystone XL Pipeline
The US Senate has passed a bill approving construction of the proposed Keystone XL crude oil pipeline by a 62-36 vote after 3 weeks of debate.
McDermott Completes Platform with Record Lift in Gulf of Mexico
McDermott International Inc.’s Derrick Barge 50 recently completed the installation of a drilling and production platform in the US Gulf of Mexico continental shelf that included the heavy lift of a 3,250-ton jacket.
Additional Areas of Arctic to be Off Limits for Drilling
The federal Department of the Interior will make additional areas of Arctic Ocean waters off-limits to drilling when it announces a new five-year offshore drilling plan, a member of the Alaska congressional delegatio ...
Jericho Further Invests in Oklahoma
Jericho Oil Corporation announced it signed a letter of intent to purchase a 50 percent working interest in 2,050 acres of land in Oklahoma, according to a press release. The new land will bring Jericho's acreage up ...
Conoco CEO: U.S. Should Repeal Export Ban
The US crude export ban that was imposed in 1975 should be repealed 40 years later to ensure the US oil and gas renaissance continues, ConocoPhillips Chief Executive Officer Ryan Lance said.
Keystone XL Pipeline Bill Passes US House
The U.S. House overwhelmingly passed a bill Friday authorizing a major oil pipeline, despite a renewed pledge by the White House to veto the legislation after a state court removed a major obstacle.
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.
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.
