
NPRA comment on US oil tax
NPRA says Obama oil tax increase would hurt consumers.
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NPRA says Obama oil tax increase would hurt consumers.

API believe that administration tax hike will hurt jobs, cut government revenue.

Shell has published its report Signals and Signposts.

Funding for small-scale solar, biomass and other carbon reduction projects in the UK could rise significantly if consistent reporting guidelines for these schemes can be agreed, a study from BRE Trust, owner of the UK’s leading building research body BRE showed.

Israeli Prime Minister Benjamin Netanyahu has stated that Israel is prepared for possible disruptions in its natural gas supplies from Egypt, following the recent unrest in the country that supplies a quarter of its energy needs.

The ongoing problems in Egypt threaten to damage the global LNG and oil markets if the unrest continues and spreads.

Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd, has been awarded the FEED contract for an FLNG unit by Petronas and MISC Berhad.

The latest EIC Monitor tracking new active and future projects across the global energy industry shows a slight downturn this quarter (Q4: October – December 2010), with the total value of project announcements down nearly 8%.

The price of Brent crude oil has hit US$ 100 /bbl for the first time since October 2008 on concerns about the political unrest in Egypt.

Gordon Cope, Contributing Editor, investigates the headache for the US petroleum sector caused by the glut in natural gas production.

President Obama’s mixed message for natural gas in the State of the Union Address.

Cheniere Energy has signed an MOU with Sumitomo to contract 1.5 million tpa of bi-directional processing capacity at the Sabine pass LNG terminal.