NORTH AMERICA Fuel Fix California to see surge in oil brought in by rail

The Ventura County Star reported Sunday that the increase in rail traffic will happen quickly, jumping from 9,000 carloads in 2011 to more than 200,000 carloads by 2016, according to California Energy Commission estimates

Deepwater spend forecast to surge from 2016 - Oil & Gas Financial Journal
Deepwater capital expenditure is expected to increase by 130%, compared to the preceding five-year period, totaling $260 billion from 2014 to 2018. Africa and the Americas continue to dominate deepwater Capex, with $213 billion set to be spent.

Fuel Fix NuStar opens new Corpus Christi dock for Eagle Ford crude (photos)
San Antonio-based NuStar Energy LP this week celebrated the opening of its new dock at the Port of Corpus Christi, built to move crude oil from the Eagle Ford Shale. NuStar now has three loading docks in the Port of Corpus Christi and has upgraded and added to the terminals pump systems. Its North Beach Terminal has a capacity of 400,000 barrels per day.

Fuel Fix Beaumont LNG provider to buy Encana natural gas assets
Stabilis Energy, a Beaumont liquefied natural gas distributor that is building several plants in South Texas, said Monday it plans to snap up U.S. storage, regasification and mobile fuel units from Canadian oil producer Encana Corp. for an undisclosed price.

Fuel Fix Texas crude production hits highest level since 1980
February crude production in Texas reached an estimated 77.2 million barrels up 22.4 percent from the same time period in 2013.

Fuel Fix BP puts Texas Panhandle assets on market

BP is taking bids on its rights to about 280,000 gross acres of natural gas-rich properties in the Texas Panhandle, a spokesman said late Tuesday.

AFRICA Nigeria's Oil Revenue Faces an Accounting - WSJ.com

Africa's biggest oil company can't account for tens of billions of dollars that it should have paid into Nigeria's budget, its critics say.

Oil India Said to Study Purchase of Shells Nigerian Blocks (1) - Businessweek
Oil India is weighing a bid for stakes Shell holds in some onshore blocks, valued at as much as $2 billion. It will partner with Indias Sandesara Group on the potential purchase, according to unidentified sources.

MIDDLE EAST Joint venture launches refinery in Kurdistan - Oil & Gas Journal
Black Diamond Oil Co. and Rezhwan Co. have agreed to form a joint venture for a refinery in the Kurdistan region of Iraq that is scheduled to begin operations as soon as next week, the companies said in an Apr. 13 release.