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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


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


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.


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


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


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


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


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


Italian Shipbuilder Pleads Guilty to Environmental Crimes

DOJ.jpg

An Italian shipping firm based in Genoa, Italy, pleaded guilty to violating the Act to Prevent Pollution from Ships by falsifying required ships’ documents to hide the fact that the ship had illegally discharged oil contaminated waste into the ocean on multiple occasions


Rosneft Achieve Commercial Production in Irkutsk Region Blocks

Rosneft acquired commercial inflows of hydrocarbons on the licensed blocks of Irkutsk Region

  Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz for operational activities on geologic survey, exploration and production of hydrocarbon crude


Zargon Cash Dividend for December 2014

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  Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated


Tanker Markets See Storage Boon from Oil Price Collapse

Photo: Teekay Corporation

The oil price drop will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping.   Supertanker rates are already close to five-year highs of over $83


Investors Gamble Forest Preservation Will Pay Off in Carbon Markets

  Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets. London-based Permian Global said on the sidelines of U.N


India on Alert After Oil Spill in Sundarbans

Authorities on India's eastern coast are on alert after a tanker and another vessel collided, spilling more than 350,000 litres of furnace oil into the waters of the Sundarban tidal mangrove forests in neighbouring Bangladesh. "We are taking all precautionary measures," Pradeep Vyas


US Lawmakers Give Preview of Oil Export Fight

U.S. lawmakers gave a preview on Thursday of a looming fight next year on lifting the ban on crude exports with supporters saying it would sustain the drilling boom and others questioning its impacts on industry and fuel prices.   In a House of Representatives hearing on the ban


Making a Conscious Change: Seaspan Marine’s Conversion to EALs

Seaspan Marine has converted Royal’s stern tubes to RSC Bio Solutions’ EnviroLogic EAL. Photo credit: Seaspan Marine

Vessel fleets face an increasing number of environmentally focused regulations, adding complexity to their operations and creating urgency around compliance. The U.S. Environmental Protection Agency (EPA), under the Vessel General Permit (VGP)


Vankorneft Starts Suzan Pipeline Construction

Vankorneft started construction of oil pipeline from Suzun field

Vankorneft, a subsidiary of Rosneft, in compliance with the program of Suzun field development started construction of pressure oil pipeline to connect Suzun and Vankor oil fields. Total length of the oil pipeline will be 101 km. The project implementation became possible due to a complex of


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


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.


Zargon Oil & Gas Confirms Cash Dividend

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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


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


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


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.






 
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