Penn Energy Latest News
Oil and Gas: China probing possible violation of UN sanctions on N. Korea
Thu, 22 Feb 2018 14:21:00 GMT

China is "highly concerned" about a reported ship-to-ship transfer on the high seas that could violate U.N. sanctions on North Korea and has launched an investigation, the foreign ministry said Thursday.

Oil and Gas: Cyprus: Gas search to continue despite Turkey's opposition
Thu, 22 Feb 2018 00:00:00 GMT

A search for gas off Cyprus will benefit all the ethnically divided island's citizens and will continue as planned despite Turkey's efforts to interfere, the Cypriot president said Wednesday.

Oil and Gas: Groups want details on Trump's approval of Keystone pipeline
Thu, 22 Feb 2018 00:00:00 GMT

Opponents of the proposed Keystone XL oil pipeline from Canada are asking a judge to force the U.S. government to turn over emails and other documents related to President Donald Trump's approval of the project.

Oil and Gas: Colorado's top oil, gas regulator becoming energy consultant
Thu, 22 Feb 2018 00:00:00 GMT

Colorado's top oil and gas regulator is stepping down to take a job with an energy consulting company, the state announced Tuesday.

Oil and Gas: Japan sees transfer at sea that may violate NKorea sanctions
Thu, 22 Feb 2018 00:00:00 GMT

Japan's military has witnessed a ship-to-ship transfer on the high seas that it "strongly suspects" violates U.N. sanctions on North Korea, in the third such incident reported by Japan in the past month.

Oil and Gas: President says Egypt 'scored a goal' with Israel gas deal
Thu, 22 Feb 2018 00:00:00 GMT

The Egyptian president declared on Wednesday that his country "scored a goal" by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.

Oil and Gas: Judge refuses to delay hearing on pipeline land acquisition
Wed, 21 Feb 2018 00:00:00 GMT

A federal judge has refused to postpone a hearing in a lawsuit brought by developers seeking possession of land in several Virginia counties for a controversial pipeline project.

Gas Prices: AAA Michigan: Statewide average gas prices fall 11 cents
Wed, 21 Feb 2018 00:00:00 GMT

AAA Michigan says gas prices statewide have fallen by about 11 cents per gallon in the past week.

Oil and gas: US fighter jet dumps fuel tanks near fishermen in Japan lake
Wed, 21 Feb 2018 00:00:00 GMT

A U.S. fighter jet dumped two fuel tanks into a lake in northern Japan on Tuesday, creating a fuel slick, as about 10 fishermen were catching clams in boats below, officials said. No one was injured.

Oil and Gas: Citizen effort to raise taxes on North Dakota oil fizzles
Wed, 21 Feb 2018 00:00:00 GMT

A citizen-led effort to rework North Dakota's oil tax structure has fizzled.

Oil and Gas: Anadarko announces Mozambique LNG sale and purchase agreement
Wed, 21 Feb 2018 00:00:00 GMT

Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF).

Oil and Gas: Alaska gas line corporation opening Nikiski office
Tue, 20 Feb 2018 00:00:00 GMT

The state-sponsored corporation working to advance a major gas line project is opening a field office in Nikiski.

Oil and gas: Houston firm sues ex Venezuelan oil czar Ramirez over bribes
Tue, 20 Feb 2018 00:00:00 GMT

Venezuela's former oil czar Rafael Ramirez was sued Friday by a Houston company that alleges he was behind demands for at least $10 million in bribes to sign off on deals to sell its energy assets in the South American country.

Gas Prices: Gas prices drop again, but higher prices on the horizon
Tue, 20 Feb 2018 00:00:00 GMT

Gas prices in New Jersey have dropped again, but analysts say higher prices are on the horizon.

Oil and Gas: Israeli gas company announces $15B export deal with Egypt
Tue, 20 Feb 2018 00:00:00 GMT

Israeli energy company Delek Drilling has announced a $15 billion deal to supply natural gas to Egypt.


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