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HEYCO: HEYCO Energy Group and IPC (USA) Inc. move to form an alliance for domestic LNG fuels marketing
UPDATE: HEYCO and IPC have not yet reached a definitive agreement. The companies expect to have an ongoing business relationship, however not as announced in the press release or as outlined in the executed LOI.

Exploration
Bidding modest in Iraqi licensing round
Regional and Chinese operators dominated modest bidding in an exploration and development licensing round in Iraq.
Zarara spuds gas well in Kenya’s Pate field
Zarara Oil & Gas Ltd., a subsidiary of Midway Resources International, reported that it has spudded Pate-2 natural gas well on its production sharing contracts on Blocks L4 and L13 near Port Lamu in Kenya.
Hess acquires interest in Kaieteur block offshore Guyana
Hess Corp. subsidiary Hess Guyana (Block B) Exploration Ltd. will acquire a 15% participating interest in the Kaieteur block offshore Guyana from ExxonMobil Corp. affiliate Esso Exploration & Production Guyana Ltd.

Drilling & Production
Flow starts from Iraq’s Seeba gas field
Production has started from Seeba natural gas field operated by Kuwait Energy Co. in the Basrah governate of southern Iraq.
Canada limits upstream releases of methane
Oil and gas producers in Canada must control releases of methane from major facilities—and stop venting from hydraulically fractured wells—under new regulations from the federal government. The aim is to lower emissions of the greenhouse gas from...
Santos commissions Queensland Scotia project
Santos Ltd., Adelaide, has commissioned and brought on stream its Scotia CF1 project in eastern Queensland. The project came in ahead of schedule and below budget with initial full field production exceeding 40 terajoules/day of natural gas.

American Petroleum Institute
Energy Year in Review
Despite occasional policy obstacles, the U.S. energy revolution continues to enhance America’s economic and national security and deliver major benefits to consumers, the environment and manufacturers. With commonsense, market-based, consu...
Energy is All Around the Holidays
Everywhere you go, whatever you do, energy – anchored by abundant U.S. oil and natural gas – is making life warmer, easier, healthier and more enjoyable. Let’s mark the holidays with a look at just a few of the gifts we enjoy, from the energy t...
New U.S. Energy Course Starts Offshore
We need to change our course on energy – in offshore policy and other areas – to benefit American consumers, U.S. businesses, our economy and the country’s energy security. Given the fact it takes years to realize the benefits of of...