Michele Kearney's Nuclear Wire

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

Friday, April 25, 2014

PennEnrgy's Top Oil & Gas News 4/25

Top Oil & Gas News
Explosion shuts down Williams gas processing plant in Wyoming
Williams Partners L.P. and Williams reported an explosion and fire at approximately 2 p.m. Mountain Time at their natural gas processing facility in Lincoln County, Wyo., near the town of Opal. There were no reported injuries or damage to property outside the facility.
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PennEnergy Video News Update
From Osaka Gas' interest in US shale, to Hess' Thailand asset sale, to a big acquisition in Kansas for Worthington, 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
Hess announces sale of Thailand oil and gas assets
BP to sell interest in four Alaska North Slope oil and gas assets
Worthington Energy acquires oil and gas leases in Kansas
Osaka Gas may invest in US shale gas development
Summit Natural Gas completes 68-mile pipeline
APPEA: Time to lift barriers on New South Wales natural gas development
Gazprom and Austria discuss alternative Russian gas routes to Europe
Lukoil agrees to exploration in Kalmykia
Gazprom and Turkey look into possible gas pipeline capacity increase
Aker Solutions and Baker Hughes form subsea production alliance
Century Energy completes sale of Vawn oil exploration assets
Technip agrees to sell majority share in Seamec
First oil from Russian Arctic shelf offshore field loaded

Energy Insights
Skills shortage main challenge for oil & gas employers in 2014
Oil and gas industry employers in the UK are facing significant skills shortages according to the Oil & Gas Global Salary Guide, and over 65 percent (68.1%) of employers plan to increase headcount in 2014, exacerbating the already skill-short market, adding pressure to increase salaries to attract candidates, which is based on data from 24,000 respondents.
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Black Swan: How Quickly will the Electric Vehicle Revolution Come?
In a previous posting I stated my belief that the pure electric vehicle was the way of the future and that this sector of the automobile industry would grow more or less continuously for the foreseeable future. I decided to do a bit more investigation into how quickly that could happen given trends in vehicle sales over the past few years. I also decided to look into what has been happening with fuel economy rates given that retail gasoline prices have more than doubled in North America in the last ten years. Unfortunately, what I found was not terribly encouraging.
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