Dutch LNG terminal operator drops Port of Rotterdam plans March 12,2010 --Dutch LNG terminal operator 4Gas has dropped plans to construct a regasification terminal in the Port of Rotterdam after failing to reach agreements with customers on long-term supply contracts. ....Read more: RSS Oil & Gas Journal News

Keystone XL crude oil line gets NEB, SD approval March 12,2010 --Canada’s National Energy Board Mar. 11 approved an application from TransCanada Keystone Pipeline GP Ltd. to construct and operate the Keystone Gulf Coast Expansion Project (Keystone XL), as well as the proposed tolls for the pipeline onc.......Read more: RSS Oil & Gas Journal...

Clean energy standard should include gas, Bingaman told March 12,2010 --The presidents of four major natural gas industry associations urged US Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-NM) to include gas in any clean energy standard that Congress develops. ....Read more: RSS Oil & Gas Journal News

Bengal: Cauvery Exploration Work Set To Begin Bengal Energy announced that the Government of the State of Tamil Nadu has granted a formal Petroleum Exploration License on 234,000 acres in India's Cauvery Basin to a consortium including Bengal.Read more: Rigzone.com: Exploration News

CEPSA Reports Llanos Basin Discovery CEPSA and Petrobras, through a consortium in which CEPSA holds a 30% working interest, have discovered oil in the Balay-1 exploration well, located in Colombia's Llanos Basin.Read more: Rigzone.com: Exploration News

CGX Files Corentyne Assessment CGX Energy announce that an independent resource assessment has been completed by Gustavson Associates LLC of Boulder, Colorado, U.S.A. (Gustavson) for three prospects on the Company's Corentyne Offshore Petroleum Prospecting Licence (PPL).Read more: Rigzone.com: Exploration News

BW Gas lays up four LPG ships Company is first to put LPG carriers into cold lay-up as market woes continueRead more: LNG/LPG headlines from www.lloydslist.com

MARKET WATCH: Crude inches up to 2-month high March 12,2010 --Crude inched up Mar. 11 to its highest level in 2 months in the New York market and “appears to be on track for more of the same as the dollar continues to weaken,” said analysts in the Houston office of Raymond James & Associat.......Read more: RSS Oil & Gas Journal...

Turkmenistan March 12,2010 --Dragon Oil PLC completed two development oil wells in Lam field in the Caspian Sea off Turkmenistan. ....Read more: RSS Oil & Gas Journal News

Taking an active approach to laytime and demurrage In the first in a six-part series, Mark Ledger, manager at law firm Clyde & Co, examines what is exactly meant by demurrage and laytime In simple terms, laytime can be considered as the time avai...Read more: Riviera Martime Media

Greek interests lead mini-revival but problems remain Cheaper pricing is enticing more conservative owners with healthy balance sheets to order now, in the hope of taking delivery in an improving market in two years time. Nevertheless, a huge imbalance ...Read more: Riviera Martime Media

OGX Hits Pay In Southern Campos OGX Petroleo e Gas Participacoes S.A. announced Friday that it has identified an oil-bearing interval in the Aptian section of well 1-OGX-6-RJS.Read more: Rigzone.com: Exploration News

API Rep Informs Fla. Audience About Offshore Drilling's Benefits With Senate Bill 2622 filed in the Florida Legislature, drilling for oil and natural gas in the Gulf of Mexico has become one of the major issues this session.Read more: Rigzone.com: Exploration News

Money and credit changes seen as threats to oil price March 12,2010 --In the unusually complex oil market of the present, producers might profitably expect prices to swoon soon and hope events prove them wrong. ....Read more: RSS Oil & Gas Journal News

Alamo Enters 5-Well Drilling Program in Kentucky Alamo Energy has entered into a five-well drilling program with Boardman Energy Partners, LLC on its 55-acre lease within the Gradyville Oil Field in Adair County, Kentucky.Read more: Rigzone.com: Exploration News