Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, March 7, 2014

Penn Energy's Top Oil & Gas News 3/7

Top Oil & Gas News
U.S. Court declares Ecuador judgment against Chevron fraudulent
The U.S. District Court for the Southern District of New York today ruled that the $9.5 billion judgment against Chevron Corporation in Ecuador was the product of fraud and racketeering activity, finding it unenforceable.
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PennEnergy Video News Update
From a Colorado well explosion, to Gazprom's decision regarding Ukraine, to Exxon Mobil's record number of projects, all of the week's biggest headlines are in the PennEnergy Video News Update.
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This Week's Most Popular Oil & Gas News
Static electricity possibly behind Colorado oil and gas well explosion
15 injured in fire at Lukoil oil and gas processing complex
Gazprom to discontinue gas price discount for Ukraine
Record number of new oil and gas projects to start for ExxonMobil
ONGC expects KG basin gas production to begin in 2017
API urges focus strategic importance of LNG exports
Not In My Backyard
Webinar examines tool for adding economic value insight to energy industry operations
Wood sets out £200B roadmap for future of UK offshore oil and gas
BP to establish new business for onshore oil and gas assets
Foster Wheeler awarded LNG import terminal contract in Kuwait
Williams Partners completes acquisition of Canadian pipeline and processing assets
Enbridge plans $7 billion oil pipeline replacement program
Intertek testing used to enhance crude oil rail transportation safety
Statoil’s Zafarani reservoir successfully tested
Cairn announces chairman Bill Gammell to step down
ONGC Videsh acquires participating interest in Mozambique offshore gas field
Capacity increase progress for Transco gas pipeline
Sea Dragon announces results from Egypt oil drilling

Energy Insights
All Energy, All the Time: The Future is Now
Right now, sitting gingerly in a faux-leather holder a few inches in front of my computer screen, is my cell phone. A glorious piece of technology, it gives me information at the push of a button. Actually, buttons are going out of style; my phone gives me information at the slide of a fingertip.
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Governing Energy: Nonlinear
We humans embrace change and we have made this point in these virtual pages several times. However, we struggle with disruptive transformations. For example, natural disasters force change upon unwilling and sometimes unsuspecting participants. Yet most overcome and when interviewed later many actually see the positive in life changing incidents.
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