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Moving forward in Western Romania

romania

By: John Bestoloffe , Shale Plays Media Five years ago Stalin and Marinela Tulcan initiated a new idea after some research on the oil industry under the example of Italy. West Petrol Rafinare is the first new oil refinery in Romania in over 2o years.  A month ago the plant opened it’s doors and with 40 employees started producing fuel and other solvents, ...

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Daunting days ahead as Mexico readies oil opening

MEXICO CITY (AP) — Mexico’s sweeping away of seven decades of nationalist protections and letting foreign companies back into its oil fields is crucial to bringing the expertise and money needed to rejuvenate its sclerotic energy industry, supporters say. But even after the strong approval given by both houses of Congress this week, skeptics ask whether Mexico has the ability ...

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China pipeline blast exposes risks of urban sprawl

pipeline

By Judy Hua and David Stanway BEIJING, Dec 11– A Chinese oil pipeline punctured twice a week by oil thieves cleared a safety inspection just two months before a section of the line exploded and killed 62 people in November, sources at the pipeline operator Sinopec said. Initial findings of an investigation showed crude oil leaking from the pipeline into ...

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Mexico’s lower house quickly takes up energy bill

MEXICO CITY (AP) — Mexico’s lower house of Congress began a raucous, marathon debate expected to last through the night and well into Thursday on historic legislation that would open the state-run oil industry to private investment. Just hours after the measure passed the Senate on a 95-28 vote, members of the House of Deputies took up the bill after ...

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French mining code revamp aims to smooth environment spats

arch de triumph

By Michel Rose PARIS, Dec 10 (Reuters) – France hopes a revamp of its mining regulations unveiled on Tuesday will reconcile demands for stricter environmental rules with the interests of oil, gas and commodities firms who complain about an unstable legal framework, ministers said. The much-delayed reform of the mining code, set to pass through parliament next spring, has exposed ...

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Yemen natural gas complex was hit by explosives last week

yemen

By: Daniel Fineren Dec 10 – Yemen’s liquefied natural gas (LNG) export plant complex was targeted with rocket-propelled explosives last Friday, the Yemen LNG Company said in a statement on Tuesday. Yemen’s largest industrial facility was partially evacuated after a small explosion at the gas export terminal at Balhaf on Friday afternoon. “Yemen LNG can confirm that a rocket-launched explosive ...

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