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FOREST OIL

Coalition Seeks to Block Alaska Oil, Gas Permit

A coalition of Native tribal governments, commercial fisherman and environmentalists has filed an administrative appeal to block a wastewater discharge permit for oil and gas operators in southern Alaska's Cook Inlet, Reuters reported. The appeal, filed in the Ninth Circuit Court of Appeals, challenges a general permit issued by the Environmental Protection Agency that allows established oil and gas production facilities to discharge wastes directly into the inlet's marine waters. The new permit, scheduled to go into effect on July 2, covers 16 offshore oil and gas platforms and three onshore facilities in Cook Inlet, said Dianne Soderlund, communications coordinator for EPA's Alaska oil and gas section. It will also cover any exploration, development and production facilities that are erected in the inlet in the next five years. Companies with oil and gas produced from platforms covered by the new wastewater permit are Chevron, Marathon Oil, Unocal, Forest Oil and XTO Energy, according to state reports. Source: Reuters


ENSCO Jackup Rig Damaged in Gas Blowout, Fire

ENSCO International Incorporated and Forest Oil Corporation reported that one of ENSCO’s jackup rigs sustained extensive damage while operating in the Gulf of Mexico. ENSCO 51 was on location in Eugene Island Block 273 drilling a development well over a platform (the “A” platform) for its customer, Forest, the operator of the block. Eugene Island Block 273 is located approximately 75 miles offshore. Shortly after midnight on Thursday, March 1


Forest Promoted to Senior VP at Matson

Ronald J. Forest has been promoted to senior vice president of Matson Navigation Company, Inc. (Matson). The appointment was approved yesterday by the company’s Board of Directors and announced by Matson President and CEO James S. Andrasick. Forest’s career in the industry spans 25 years and has included eight years with Matson, eight years with APL and nine years with United States Lines. His Matson career began in 1995 as operations manager, Southern California


Gorthon Lines sells Forest Product Carrier

Gorthon Shipping International Bermuda, a wholly-owned subsidiary of Gorthon Lines AB, has sold the forest product carrier Humber Arm on private terms, after a crankshaft breakdown in the main engine. The vessel was built by Schichau Unterweser AG in 1976 and has a DWT of 7650 mton. The vessel was delivered to the new owners on July 6, 2004. For further information please contact CEO Lars Petersson, phn +46-42 172700.


Panama Canal Emission Reduction Plan

The Panama Canal Authority (ACP) to implement plan for reducing carbon emissions in the Canal Watershed ACP has signed a Technical Cooperation Agreement with the National Environmental Authority (ANAM) and the German Agency for International Cooperation to apply mechanisms that will reduce emissions in the Canal Watershed. The agreement aims to establish the terms and conditions for the design and implementation of a pilot program in the Panama Canal Watershed


San Francisco Wooden Wall Tall Ship Eco-friendly

The Brigantine: Image courtesy of Educational Tall Ship Organization

A US$5-million historic sailing brigantine currently under construction in Sausalito has officially entered the process of earning Forest Stewardship Council (FSC®) project certification. The certification will indicate that the brigantine will be constructed from timber produced with responsible forestry practices. The nonprofit group behind the project, Educational Tall Ship for San Francisco Bay, selected Emeryville-based SCS Global Services (SCS), a leading FSC certifier worldwide


Finnlines Buys 16.6% Of Transfennica

Finnlines said it had bought forest industry group Stora Enso's 16.6 percent stake in shipping company Transfennica for an undisclosed sum. Finnlines said it and its subsidiaries at the same time had made a long-term cooperation agreement with Stora Enso on the transportation of its paper products from Finland to the rest of Europe. Transfennica is a shipping company owned by the Finnish paper industry and operates some 20 RoRo vessels, it said


Supreme Court Finalizes Decision on Marine Submerged Lands

The U.S. Supreme Court issued a final decree regarding Alaska's assertion of ownership of certain marine submerged lands in the southeast portion of the state. The court finalized its earlier ruling that the federal government retained ownership of those portions of the Alexander Archipelago more than three geographical (nautical) miles from shore because those waters do not constitute historic inland waters. The federal government retained ownership of those portions of North Bay


SSA Appeals to Indonesia to Stop Forest Fires

Grave concerns on safe navigation through Straits of Malacca and Singapore. The Malacca and Singapore Straits is a strategic gateway in world trade and one of the world’s busiest waterways. On any given day, over 140 ships – such very large oil tankers, container ships, bulk carriers and cruise liners, ply through the Straits; not forgetting the smaller crafts like passenger ferries, tugs and barges making frequent cross-Straits voyages in the littoral states of Singapore


Tropical Forests Destruction in S. America is Sin of Modern Times - Pope

 Pope Francis

  Pope Francisco called for more respect for nature on Saturday, calling the destruction of tropical forests in South America and other forms of environmental exploitation as sins of modern times. In a speech at the University of Molise, an agricultural and industrial region in southern Italy, Francisco said he should be allowed to offer off the Earth without being exploited. "This is one of the greatest challenges of our time: go to a type of development that respects creation


Rosneft Inks Supply Pact with PDVSA

Russian top crude producer Rosneft and Venezuelan state oil company PDVSA have signed a new contract for supplies of oil and oil products of Venezuelan production, the Russian company said on Monday. The document envisages the supplies of over 1


Zargon Oil & Gas Confirms Cash Dividend

Image

Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of November in the amount of Cdn. $0.06 per common share will be paid on December 15, 2014 to shareholders of record on November 30, 2014. Unless otherwise indicated


Angola Crude Exports Set to Rise in January

Angola is set to export 1.77 million barrels per day of crude oil in January, up from 1.60 mln bpd in December, a provisional shipping list showed on Tuesday. The oil from the OPEC member, and Africa's second largest exporter, will be shipped on 57 vessels, the shipping list showed.


NAT CEO: Low Oil Prices Benefit the Tanker Market

Herbjørn Hansson (Photo courtesy of NAT)

Nordic American Tankers Limited Chairman & CEO Herbjørn Hansson addressed the impacts of low oil prices on the tanker business in a letter to shareholders, citing the decrease in oil price as an overall positive for the world tanker market and possible trigger for the recent rate


Total CEO: EU Must Fight US Crude Export Law

First major public appearance of new Total head; he challenges European politicians to fight US ban. The new head of French energy major Total challenged Europe to fight Washington over the U.S. oil export ban, in his first public appearance since his predecessor Christophe de Margerie was


Production Begins at North Sea Golden Eagle Field

Denmark's Maersk Oil, a unit of conglomerate A.P. Moller-Maersk , said on Monday oil production from the Golden Eagle field in Britain's North Sea had started. There are two Golden Eagle wells with potential to produce about 18,000 barrels of oil per day.


Libyan Protesters Stop Oil Exports from Eastern Hariga Port

Libyan Protesters

  Libyan state security guards have started a protest at the eastern Hariga oil port, banning any oil exports, a Libyan oil official said on Saturday. A tanker had been waiting for three days to lift oil but the guards did not allow it, the official said, asking not to be named


Cairn Makes Second Senegal Find

Senegal Map

  Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme. The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3


Maersk's 3Q Profit Beats Street

Danish shipping and oil group A.P. Moller-Maersk's third-quarter net profit beat expectations, boosted by a strong performance at its container shipping business Maersk Line. Net profit rose 25 percent to $1.5 billion compared with the same period last year, Maersk said on Tuesday


SERS Partners IEMS for Enhanced Oil Spill Response Services

Enhanced Oil Spill Response Services

  Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe


Petrobras Sets Record in Brazil

  Consolidated Oil and Gas Petrobras in Brazil and abroad, production amounted to 2 million 795 thousand barrels of oil equivalent per day (boe) in October. This volume was 0.5% higher than in September, which was 2 million 781 thousand boe. Oil production in Brazil grew by 0


GE Opens Global R&D Center in Brazil

GEs New office

  *  Working with Petrobras and BG Group to develop advanced technologies for oil and gas processing on the seabed *  GE’s Brazil Technology Center to focus on subsea oil and gas research, capitalizing on $1.2 trillion offshore market opportunity


Essar Ports Q2 FY15 Net Profit Up

Essar Ports develops and operates ports and terminals and is one of the largest private sector port companies in India

  Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. Highlights of Consolidated Results: *Revenue for the quarter increased by 1% at Rs. 435.3 crore as against Rs. 431


Cenovus to Develop Telephone Lake Oil Sands

Telephone Lake oil sands project

  Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.


BHP Billiton's Conservation Efforts on the World Stage

Welcoming ceremony kicks off World Parks Congress in Sydney

  Thousands of conservation experts from around the world, including environmental scientists from BHP Billiton, are in Sydney for the 2014 World Parks Congress (WPC). WPC is the preeminent conservation forum and is held every 10 years to share best-practice knowledge in managing






 
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