Killajoules

"Total" Resumed Production of Oil & Gas Field in Hadramout
"Total" said, Yemen for exploration and production of oil on Monday it had resumed operations in the Block 10 East Shabwa Oil And Gas Fields province in southeastern Yemen, after the termination of the strike lasted for several days.

Yemeni Cabinet ratifies modifying LNG price for Kogas
SANA’A, Jan. 29 (Saba)- The Cabinet ratified on Wednesday raising the prices of liquid natural gas (LNG) sold to Korea Gas Corporation (Kogas) from $3.15 to $14 per million Btu, with increase of 400 percent when comparing with the previous prices.

Total acquires an interest in and becomes operator of Block 3 exploration license in Yemen
Total today announces that it has acquired from Oil Search a 40% interest in the Block 3 exploration license in Yemen, which it will operate. The license covers an area of 2,954 square kilometers in the eastern section of the Marib Basin. The acquisition is subject to the approval of Yemen’s Ministry of Oil and Mineral Resources.

Yemen LNG and Total Gas and Power increase the number of LNG diversions to Korea
Under the Sales and Purchase Agreement signed in 2005 between Yemen LNG and Total Gas and Power, the Gulf of Mexico and Western Europe are the primary destinations for LNG sales. Yet since the commencement of Yemen LNG production in 2009, up to 15 cargoes by year are diverted to the more rewarding Asian markets.

Nexen Provides Update on Operations in Yemen
Nexen Inc. (TSX, NYSE: NXY) today reported it has been informed by the Government of Yemen that its application to extend the Production Sharing Agreement (PSA) on Block 14 (Masila) has not been accepted. As a result, the PSA will expire on December 17, 2011. The block will then be operated by a newly created Yemen national operating company.

Yemen LNG Commences Test of Upstream Facilities
Yemen LNG completed on the 13th of January the 72 hour performance test of the Balhaf liquefaction plant, confirming a production capacity and an energetic efficiency well in excess of the design.