Industry a target as inversions revive talk of tax reform
August 29th, 2014New talk in the US about tax reform should make oil and gas companies nervous.
CERTIFIED WOMAN OWNED BUSINESS: W2F350860 NAICS: 561210, 561311, 561312, 561320 DUNS: 04-578-7400 CAGE: 5F3C7
To view the complete government profile click here.
New talk in the US about tax reform should make oil and gas companies nervous.
OAO Rosneft has received a reactor and cold high-pressure separator to be used in the construction of a planned diesel hydrotreating complex at its 8.5 million tonne/year Syzran refinery in Russia’s Samara region.
Shell Offshore Inc. submitted revisions to its previously approved Chukchi Sea exploration plan on Aug. 28, a spokesman for the company confirmed. The step was necessary to preserve the option to drill its Chukchi Sea leases in 2015, but should not be seen as a final decision to drill next summer, he told OGJ in an Aug. 29 e-mail.
The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiving an independent review of well stimulation technologies it asked the California Council on Science and Technology (CCST) to conduct in September 2013.
The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended Aug. 29, Baker Hughes Inc. reported.
VAALCO Energy Inc. provided an update on its operations offshore Gabon.
Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has drilled appraisal well 16/4-8 S in the Luno II discovery 15 km south of Edvard Grieg oil field offshore Norway in the North Sea, proving 30 m of gross oil pay and flowing 450 b/d on a drillstem test through a 28/64-in choke.
Crude oil futures prices trended upwards Aug. 28, ending the day’s trading session higher, while the ICE contract for Brent retreated.