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Speight Latest Headlines Statoil wildcat in northern Norwegian North Sea strikes gas The Norwegian Petroleum Directorate has revealed that Statoil has made a gas discovery with its wildcat exploration well in the northern North Sea... Libya's Abu Attifel Field shutdown by protesting workers (6/17/2013) The 70,000 b/d Abu Attifel Field onshore eastern Libya south of Benghazi in the deep Sahara, has been shutdown by a field workers' protest... Gas alarm shuts down Statoil's North Sea Oseberg Field Center (6/17/2013) Statoil has advised it has taken the giant Oseberg Field off line today due to an automatic activation of a gas alarm this morning on the main platform... All phases of Iran's South Pars Field to be onstream by 2016 (6/17/2013) National Iranian Oil Company has advised that all phases of its giant South Pars gasfield development will be going on production before 2016... Americas Petrogas flows Neuquen Vaca Muerta shale gas (6/17/2013) Americas Petrogas has advised its Aguada Los Loros well on the Los Toldos I Block in Argentina has flowed 1.3 million to 3.2 million cf/d... Pacific Asia halts Zijinshan well in China gas project (6/17/2013) Leyshon Resources subsidiary Pacific Asia Petroleum Limited has discontinued testing of its ZJS6 well in its Zijinshan Gas Project... Two Gazprom rigs depart Sakhalin to drill Kirinsky wells (6/17/2013) Gazprom's seimsubmersible drilling rigs Polyarnaya Zvezda and Severnoye Siyaniye have sailed into the Sea of Okhotsk en route to the Kirinsky Block... XTO kicks off NGL recovery facility in SW Pennsylvania (6/17/2013) The XTO Energy subsidiary of ExxonMobil has commenced operations at its new facility in southwestern Pennsylvania to recover marketable liquids... Australia awards 13 new offshore permits from 2012's 1st round (6/17/2013) Australia's Resources and Energy Minister Gary Gray today granted 13 new offshore petroleum exploration permits from round one of the 2012 Release... GeoPark scores 2nd Colombia Llanos Basin discovery in week (6/17/2013) GeoPark has successfully drilled, tested, and put on production its Tarotaro-1 exploration well in Colombia's Llanos 34 Block four days after... Lundin drilling 1st development well on Norway's Brynhild Field (6/17/2013) The Lundin Norway subsidiary of Lundin Petroleum has begun drilling operations on its initial production well on the North Sea Brynhild Field... Support vessel sinks in US Gulf after colliding with oil platform (6/17/2013) The US Coast Guard has reported a support vessel has crashed into an offshore production platform off Louisiana in the US Gulf of Mexico and sank... New World wins Danica Jutland work program extension (6/17/2013) New World Oil & Gas has secured a six-month extension to its work program deadlines for its Danica Jutland Project in western Denmark... Ocean Rig drillship chartered for 5 wells offshore West Africa (6/17/2013) Ocean Rig UDW has received a letter of award for its newbuild ultra deepwater drillship Ocean Rig Skyros to commence upon its delivery... Origin drilling Whale Prospect offshore Vietnam (6/17/2013) Origin Energy has commenced drilling operations on the Whale Prospect with well 121-Ca Voi-1X off central Vietnam in the Phu Khanh Basin... Abraxas selling non-operated Bakken properties (6/17/2013) Abraxas Petroleum has agreed to sell the majority of its non-operated Bakken properties in North Dakota and Montana for US$35.3 million... BP nearing development of Oman's tight gas Khazzan-Makarem Field (6/16/2013) A conceptual agreement has been reached between BP, operator of Oman's Block 61 and its Khazzan-Makarem Field, and Oman's Ministry... Sinopec set to join $20 billion Yamal LNG Project (6/16/2013) Final negotiations are underway between Novatek and Sinopec that are expected to see the Chinese firm take a major stake in Russia's Yamal LNG... Trinidad awards BHP 4 deepwater production contracts (6/16/2013) The Trinidad & Tobago Ministry of Energy has granted four production contracts to BHP Billiton in the country's border area with Barbados... ConocoPhillips' Eldfisk II jacket installed off Norway (6/16/2013) The 13,000-metric ton jacket for the Eldfisk II Project's new platform has been installed in the Norwegian sector of the southern North Sea... Tullow wins claim against Heritage in Uganda dispute (6/16/2013) Tullow Oil's Ugandan subsidiary has received judgment in its favor in the proceedings against Heritage Oil in the UK High Court in London... Global Geophysical shifts from 2D to 3D in Paraguay (6/16/2013) President Petroleum has advised that the 2D seismic acquisition in northern Paraguay's Chaco region has been completed by Global Geophysical... Norstra farm-in in Montana doubles land position (6/16/2013) Norstra Energy has concluded an agreement with Summit West Oil to farm into its Bakken South Sun River Prospect located in western Montana... YPF joins PDVSA & Chevron in Venezuela's giant gas project (6/16/2013) Yacimientos Petroliferos Fiscales de Argentina has concluded an agreement with Venezuela to join the development of Plataforma Deltana... Angola LNG commences output of liquefied natural gas (6/16/2013) Chevron subsidiary Cabinda Gulf Oil Company has confirmed initial production of liquefied natural gas has begun at the Angola LNG project... Yemen pipeline bombed again 1 day after repaired (6/16/2013) The 438-km Maarib oil export pipeline has again been bombed in another of the frequent attacks on Yemen's main line carrying oil from Maarib Province... Petrobras sells stake in African E&P projects to BTG Pactual (6/16/2013) Petroleos Brasileiro has concluded a US$1.53 billion agreement with Brazilian investment bank BTG Pactual for the sale of 50% interest... For more headlines check each department in Site Navigation. From the Editor Major shift in global oil demand underway Dev George Managing Editor According to the latest United Nations estimate the current global population of 7.2 billion is expected to grow to 9.6 billion with China and India leading the population surge with 1.45 billion inhabitants each by 2028. The UN World Population Report released this weekend, maintains that from 2028 to 2050, China's population will decline while India's will continue to grow...Full Editorial Click here for prior editorials. Oil/Gas Prices & Analysis Rally rolls on with US crudes rising to 9-month highs (6/14/2013) Speculators are positing West Texas Intermediate may rise to US$100 or more a bbl next week and raised their net longs as a consequence, with the week's trade taking WTI to a nine-month intraday high at $98.25 before it settled, and hiking Alaska North Slope to a comparable $107.25. North Sea Brent was pushed up to a two-month high...Latest prices and analysis Feedback Click here to email your comments and suggestions on this site and any of its articles. Click here to read feedback comments. 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