French oil firm Total SA said Saturday that a natural gas leak at one of its plants in Nigeria's crude-rich southern delta may have been going on for weeks.
The leak at its Obite natural gas site has forced the company to evacuate those nearby and led to daily monitoring of air and water surrounding the plant in Nigeria's Rivers state. However, Total's Nigerian subsidiary hasn't made any public statement about the leak since it likely began following an incident March 20, though the company has given near-daily updates about a similar leak at a plant off the United Kingdom in the North Sea.
The Wall Street Journal reports that just as it appeared the market was beginning to absorb the Iranian oil drop, the gas leak from a Total rig in the North Sea has led to jitters that could rein in output from Europe's largest oil patch.
Oil giant Total has moved to reassure investors and environmental activists over the past week that the financial and environmental damage from its gas leak in the North Sea would be limited, a task made more difficult by comparisons to BP's handling of a catastrophic oil spill in the Gulf of Mexico nearly two years ago.
Initial data showed that the leak from Total's platform in the Elgin gas field 150 miles (250 kilometers) off the coast of Scotland — which was first detected March 25 — was pouring out about 7 million cubic feet (200,000 cubic meters) of natural gas each day. On Friday, the company said the rate of the leak appeared to have slowed but had no new figure.
The Wall Street Journal reports that U.S. and Libyan authorities are examining financial irregularities involving major international energy companies and the fallen regime of Col. Moammar Gadhafi.
Energy firm Total is calling on a Houston company, Wild Well Control to conduct an operation called a top kill to plug a natural gas leak at an offshore platform in the North Sea, Fuelfix reports.
The North Sea natural gas leak from offshore operations of energy giant Total is costing the company $2.5 million a day in lost production and efforts to fight the leak, The Wall Street Journal reports.
Industry sources tell Reuters that Britain will allow oil company Total permission in the next few days to move ahead with its plan to stem a gas leak from a North Sea well.
The planned Cape Wind offshore project in Massachusetts won a $200 million commitment from Denmark's public pension fund, The Wall Street Journal reports.
Sen. Lamar Alexander, R-Tenn., pledged to push a vote to complete the Yucca Mountain nuclear waste facility in Nevada if Senate Majority Leader Harry Reid, D-Nev., moves to limit filibusters, Roll Call reports.
The Army Corps of Engineers said it would not conduct a cumulative environmental review of three coal export terminals or consider overseas climate change impact in its reviews, E&E reports.
Legal experts say U.S. natural gas companies could file lawsuits against the Energy Department to speed decisions on liquefied natural gas exports, Reuters reports.
House Appropriations Committee Democrats criticized Republicans for cutting Energy Department spending on renewable energy by 50 percent, The Hill reports.
A communique released at the close of the G8 summit expresses leaders' concerns over climate change and pledges support for a new international climate change treaty in 2015, Business Green reports.
The Senate Energy and Natural Resources Committee advanced a bill to open parts of Alaska's Tongass National Forest to timber development, KTOO reports.