WorldOil Natural gas gains as heat sweeping eastern U.S. boost fuel use Natural gas futures rose after two days of declines on speculation that hotter weather in the eastern half of the U.S. will boost demand for the power plant fuel. Borets introduces PMM-PCP technology to North America Borets has conducted a North American field trial of its PMM-PCP system, the first permanent magnet motor (PMM) running at a slow speed without a gear reducer to drive a progressing cavity pump. China court allows NGO’s oil spill lawsuit amid pollution fight A Chinese court allowed a lawsuit by a domestic non-governmental organization against Cnooc Ltd. and ConocoPhillips over the Bohai Bay oil spill in 2011, in what may be one of the first tests for the government’s new environmental-protection laws. Report highlights importance of Strategic Petroleum Reserve U.S. Sen. Lisa Murkowski (R – Alaska) has reiterated her opposition to selling off 101 MMbbl of oil from the nation’s Strategic Petroleum Reserve (SPR) to pay for unrelated legislative proposals with a new report highlighting the stockpile’s importance to the nation's energy security. Enterprise completes $1.5-billion Gulf of Mexico sale Enterprise Products Partners L.P. has closed on the sale of its offshore Gulf of Mexico pipelines and services business to Genesis Energy L.P. for approximately $1.5 billion in cash. Harkand achieves two survey firsts in Mexico Harkand has carried out the first ever free inertial metrology in Mexico’s waters and at a new depth for this approach in the region. The evolution of subsea EPC: DW Monday The subsea sector is highly consolidated with just five players servicing the $12 billion annual requirements of the global EandP community. Shell-BG merger receives Brazilian antitrust clearance Royal Dutch Shell’s acquisition of BG Group has received unconditional merger clearance from the Brazilian competition authority (CADE), satisfying the first of the pre-conditions to the combination. Other pre-conditions include merger clearances in Australia, China and Europe. Oil majors delay $200 billion of spending, Wood Mackenzie says Global oil and natural-gas producers have delayed $200 billion of investment in more than 45 projects following the slump in crude prices, according to Wood Mackenzie Ltd. Goodrich Petroleum sells Eagle Ford assets for $118 million Goodrich Petroleum Corp. has entered into a definitive agreement to sell its proved reserves and associated leasehold in the Eagle Ford shale in LaSalle and Frio Counties, Texas, for $118 million. Seabed Geosolutions secures two new contracts Seabed Geosolutions will soon mobilise for the variation order that was signed Monday by Abu Dhabi National Oil Company (ADNOC) with CGG to conduct a shallow water seabed survey.