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Oil News and Gas News
October 24, 2014
OIL AND GAS
WTI fights off $80 per barrel mark
New York (UPI) Oct 23, 2014
An expected cut in Saudi crude oil production and reports of higher U.S. output helped keep the price for West Texas Intermediate above $80 in Thursday trading. WTI for December delivery bounced back from a low mark of $80.05 per barrel to move above $81 in early Thursday trading. The move comes on word Saudi Arabia was cutting oil supply to around 9.4 million barrels per day. Some members of the Organization of Petroleum Exporting Countries are working to shore up market position ... read more
Previous Issues Oct 23 Oct 22 Oct 21 Oct 20 Oct 17
OIL AND GAS

Shell assessing gas discovery off the Gabonese coast
Shell announced Wednesday it made a substantial discovery of natural gas in the deep waters off the coast of the West African nation of Gabon. ... more
OIL AND GAS

Alaska unlocks oil and gas leases near dispute ANWR border
Alaska's government said it was able to award oil and gas drilling licenses after clarifying authority near the border of the Arctic National Wildlife Refuge. ... more
OIL AND GAS

New oil field declared in North Sea by BG, GDF Suez
French energy company GDF Suez and British counterpart BP said Thursday they made a significant new oil discovery in the central waters of the North Sea. ... more
OILGASDAILY


OIL AND GAS

NDRC finds Californians at risk from oil and gas
More than 30 percent of Californians living near oil and gas wells reside in areas already heavily polluted, the Natural Resources Defense Council said. ... more


OIL AND GAS

Think beyond oil in ISIS campaign, advocacy group says
Action beyond hitting the Islamic State's oil revenues with bombs in Syria is needed if the campaign is to succeed, a peace advocacy group said. ... more
PV Operations & Maintenance USA 2014

Training Space Professionals Since 1970

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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS

Rosneft, Gazprom tasked for arctic energy exploration
Russian energy companies should join forces for exploration in the arctic as part of a strategy to counter Western sanctions, a Kremlin official said Thursday. ... more
OIL AND GAS

Driver, ground crew probed in de Margerie death
A Moscow court announced the Thursday arrest of the driver of the snowplow involved in the runway incident that left Total CEO Christophe de Margerie dead. ... more
24/7 News Coverage
Cause of aging remains elusive

Mature forests store nitrogen in soil

Brisbane Sugarbag bees launch all-conquering raids

Recently discovered microbe is key player in climate change

New Insights on Carbonic Acid in Water

Some scientists share better than others

Global consumption driving tropical deforestation

OIL AND GAS

Russia, EU hold bilateral energy talks on Ukrainian issue
The Russian government said Tuesday its representatives met separately with the European energy commissioner before talks about the Ukrainian gas crisis. ... more
OIL AND GAS

Crude oil prices showing signs of rebound in Tuesday trading
Brent and West Texas Intermediate for November delivery both showed gains in trading Tuesday, with Brent showing sustained growth from an earlier session. ... more
OIL AND GAS

Irish government drawing interest to offshore reserves
The increase in exploration activity of the Irish coast shows the sector is moving in the right direction, Irish Natural Resources Minister Joe McHugh said. ... more
Startup in the Land of the Rising Sun; A Japanese Solar Venture - by Bradley L. Bartz


OIL AND GAS

Oil discovery declared by Statoil in North Sea
Norwegian energy company Statoil said Tuesday it found at least 30 million barrels of oil in the Grane area in the Norwegian waters of the North Sea. ... more
OIL AND GAS

API says GAO report on oil exports confirms industry position
A report on the impacts of crude oil exports reinforces the industry view that trade barriers are curbing U.S. influence, the American Petroleum Institute said. ... more
Space News from SpaceDaily.com
China launches first mission to moon and back

Two families of comets found around nearby star

Organic molecules in Titan's atmosphere are intriguingly skewed

U.S. holds test on Aegis tracking capability

Thales providing satcom capability to Qatar

NASA uses ultra-black nano-coating for solar coronagraph

Cosmonauts complete 3rd EVA for October

OIL AND GAS

IHS: Islamic State financing war campaign with oil
Oil is fueling the war chest for the group calling itself the Islamic State by more than $2 million per day, a study from consultant group IHS said. ... more
OIL AND GAS

Iranian economy tied too hard to oil, commissioner says
The Iranian government should work to take oil revenue out of its total budget to protect the economy from market dynamics, a commissioner said Tuesday. ... more
OIL AND GAS

Saudi police investigating after oil pipeline hit by bullet
Authorities in Saudi Arabia said they're conducting an investigation into an incident that left an oil pipeline in the eastern part of the country ablaze. ... more
OIL AND GAS

Pentagon: Bombing ISIS oil targets key focus of strategy
Striking fixed Islamic State targets in Syria, including oil facilities, is part of the strategic effort to cripple the group, a Pentagon official said. ... more
OIL AND GAS

A global natural gas boom alone won't slow climate change
A new analysis of global energy use, economics and the climate shows that without new climate policies, expanding the current bounty of inexpensive natural gas alone would not slow the growth of glo ... more

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OIL AND GAS

A New Approach To Monitoring Groundwater Supplies Near Fracking Sites
A University of Cincinnati research project is taking a groundbreaking approach to monitoring groundwater resources near fracking sites in Ohio. Claire Botner, a UC graduate student in geology, will ... more
OIL AND GAS

EIA: North Dakota close to goals for curbing flared gas
North Dakota is on pace to meet its yearly goal for curbing the amount of natural gas burned off during oil production, the U.S. Energy Department said Monday. ... more
Military Space News, Nuclear Weapons, Missile Defense
Aerostat surveillance system being evaluated by CBP

Intelsat General To Study Commercialization of USAF Satellites

Russian Bank Offers 5 Billion Rubles for GLONASS

ESA spaceplane progressing towards Vega launch

BAE Systems Australia producing more missile decoy systems

Turkish cruise missile tipped for F-35

US-led strikes kill more than 500 militants in Syria

OIL AND GAS

Russia has little to fear from Azeri gas, scholar says

OIL AND GAS

Iran determined to move ahead with pipeline to Pakistan

OIL AND GAS

Libyan operations give production boost to OMV

OIL AND GAS

Tamar partners intent on selling Israeli gas to Egypt

OIL AND GAS

New tracers can identify frack fluids in the environment

OIL AND GAS

More gas talks between EU, Russia and Ukraine scheduled

OIL AND GAS

U.S. confident oil-rich Yemen will withstand threats

OIL AND GAS

Chesapeake sells Marcellus, Utica shale for $5 billion

OIL AND GAS

Marathon closes on sale of Norwegian subsidiary

OIL AND GAS

North Dakota reducing flaring of associated gas

Iraqi oil minister discusses oil spats with Kurdish leader

Hydraulic fracturing linked to earthquakes in Ohio

Wood Group to help develop CCS project in Scotland

Colombian farmers sue oil giant BP for environment damage

U.S. oil imports down 7.4 percent, production up even more

U.S. to auction off oil, gas acreage in Gulf of Mexico

Inpex expecting 105,000 bpd from oil field off Emirati coast

EU examining ways to counter Russian gas shortage

WTI, Brent prices rebounding, but stay suppressed

Kinder wants to expand pipeline system for more shale gas

Kurdish government praises latest regional oil discovery

Russian gas giant Gazprom wants to tap Argentina market

DNO plans more oil exports from Kurdish north of Iraq

Lund leaves Statoil to take helm at BG Group

Russia trying to read EU tea leaves on South Stream pipeline

Natural gas no miracle cure for climate change: study

Oil market slump temporary, Iranian oil official says

SOCAR signs pipe contracts for TANAP gas line through Turkey

Gas find puts reserves above 20 tcf mark for Statoil

Foster says it's helping Pemex with reform agenda at refinery

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