WorldOil U.S. Department of Interior seeks greater revenue from onshore leases WASHINGTON, D.C. -- Secretary of the Interior Sally Jewell has announced that the Bureau of Land Management will open a public dialogue on potential changes to federal onshore oil and gas regulations. The changes concern increasing oil and gas royalty rates, rental payments, lease sale minimum bids, civil penalty caps and financial assurances. U.S. Department of Transporation issues new crude-by-rail regulations WASHINGTON, D.C. — The U.S. Department of Transportation (DOT) has announced a package of targeted actions that will address some of the issues identified in recent train accidents involving crude oil and ethanol shipped by rail. GE faces ‘incredibly volatile’ oil market amid industrial shift FAIRFIELD, Connecticut -- General Electric Co.’s sales of oilfield equipment fell in the first quarter as the slump in global crude markets weighed on the company’s accelerating return to its industrial roots. Statoil chief says more oil deals likely after Shell-BG merger WASHINGTON, D.C. -- The CEO of Norway’s largest oil producer said the industry will probably see more deals after Royal Dutch Shell’s $70 billion to BG, especially if crude prices remain depressed. U.S. oil rigs slide for 19th week as record retreat drags on Oil explorers idled rigs in U.S. fields for the 19th straight week, prolonging an unprecedented retrenchment in drilling. Nearly 3 MMbbl of Arctic oil delivered to Europe, Gazprom Neft says The Kirill Lavrov tanker has delivered a new batch of ARCO Arctic oil to Europe in its sixth shipment of oil, Gazprom Neft announced Friday. More than 2.9 MMbbl of oil have been extracted from Prirazlomnoye oil field since production began. DNV GL forges ahead in enabling reduced subsea lead times Steel forgings are important building blocks for subsea components and are often tailored to meet end-users’ specific requirements. This results in long delivery times and repeated follow-ups throughout the supply chain. Petrobras discovers onshore oil in Espírito Santo basinírito-santo-basin Petrobras has discovered an onshore oil accumulation in the Espírito Santo basin. Petrobras reports new Amazon basin discovery Petrobras has discovered a new oil and gas accumulation in the Amazon basin, Block AM-T-84. Santos nears start of $18.5-billion Gladstone LNG project Santos Ltd. expects its $18.5-billion LNG project in Australia to start production in about five months, pushing the country closer to becoming the world’s largest supplier of the fuel. BG Norge strikes out near Knarr field BG Norge AS, operator of production license 373 S, is completing the drilling of exploration well 34/3-5, located approximately five km southeast of Knarr field in the Northern North Sea. The well is dry.