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Oil & Gas Industry News

EnerFaxGold.com provides up to date energy, oil & gas news from around the world. See below for the latest energy industry headlines.

 

Commodity Corner: Oil Slides Below $77.
Oil traders looking for signs of growing demand were disappointed Wednesday. Energy update.

Salazar Visits Offshore Drilling Rigs in GOM.
Salazar visited three offshore drilling rigs in the GOM, where he received updates on the improved inspection process and additional safety requirements for blowout preventers and well construction. Energy update.

BP: Removed Storm Plug From Relief Well at Spill Site.
BP said Wednesday that one of its drilling rigs successfully removed a storm plug placed on a relief well at the DH spill site. Energy update.

BP to Pay Estimated $60MM in Advance Payments.
BP will pay at least $60 million in advance payments in August to claimants across the Gulf Coast who have lost income or net profit due to the spill in the GOM. Energy update.

Capping Stack Installed on Deep Water Horizon.
The three ram capping stack was installed on the Deep Water Horizon LMRP at 7 p.m. CDT. The stack completes the installation of the new sealing cap. Oil and gas updates.

Newfield Exploration reports pipeline damage offshore Malaysia.
The field was producing approximately 20,000 barrels of oil per day gross prior to shut-in. Emergency response teams are actively working at the site. Oil and gas updates.

Repsol delivers its first cargo from the Peru LNG plant.
Repsol has delivered its first Liquefied Natural Gas (LNG) shipment, onto the Barcelona Knutsen Tanker, from the Pampa plant Melchorita (Peru). Oil and gas updates.

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