Oil and Gas News

May 17, 2013

Groundwater unaffected by shale gas production in Arkansas
Durham NC (SPX) May 17, 2013
A new study by scientists at Duke University and the U.S. Geological Survey (USGS) finds no evidence of groundwater contamination from shale gas production in Arkansas. "Our results show no discernible impairment of groundwater quality in areas associated with natural gas drilling and hydraulic fracturing in this region," said Avner Vengosh, professor of geochemistry and water quality at Duke's Nicholas School of the Environment. The scientists sampled 127 shallow drinking water wells in are ... read more

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Chevron to the rescue of YPF's shale project U.S. oil and gas major Chevron will invest $1.5 billion in Argentina's ambitious shale development project in Patagonia despite energy industry skepticism over Argentine President Cristina Fernandez keeping promises made during negotiations. ... more		India commissions first MiG-29K fighters India has commissioned the navy's first squadron of 16 MiG-29K fighters to be operated from a forthcoming aircraft carrier. ... more		Libyan oil industry hit by legacy of violence Protesters closed the Zueitina oil refinery in eastern Libya for the second time in six months this week, the latest setback for the North African country's troubled efforts to develop its crucial energy industry in the violent aftermath of the 2011 civil war. ... more
				Canada's Harper pitches Keystone oil line in NY Canadian Prime Minister Stephen Harper was in New York Thursday promoting the Keystone XL pipeline, the $5.3 billion project that would move oil from the province of Alberta to the US heartland. ... more		Britain: More than 300 licenses granted since fracking ban was lifted Britain said this week it has issued more than 300 licenses for onshore oil and natural gas exploration since a ban on shale gas hydraulic fracturing was lifted. ... more

Taiwan stages exercise as Philippines row rumbles on Taiwan held a military exercise Thursday in waters near the northern Philippines in response to the killing of a Taiwanese fisherman, after rejecting repeated apologies from Manila. ... more		Chinese, Indian airlines face EU pollution finesw/ll Eight Chinese and two Indian airlines face fines of up to several million euros for not paying for their greenhouse gas emissions during flights within the bloc, the European Commission said on Friday. ... more		The first animals on Earth may have been sea sponges, study suggests Wildfire-induced thunderstorms recreated in Earth system models for first time Fengyun satellite strengthens China global weather forecasting capacity		Study: Gas 'fracking' in Arkansas not affecting groundwater Shale gas production in Arkansas has not contaminated groundwater, a study by Duke University and the U.S. Geological Survey indicates. ... more
				PetroChina drops bid for Australian coal seam gas China's largest oil and gas producer and distributor PetroChina has dropped its $185 million bid for Australia's coal-seam gas company WestSide Corp. ... more		Awash with cash, Petrobras aims to double in size in 7 years Ahead of this week's dramatic $11 billion bond sale that swelled its coffers, Brazil's state-controlled Petrobras predicts it will double in size in seven years. ... more

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Oilmen ready for risky push into Somalia Foreign companies are getting ready to undertake the risky business of exploring for oil in war-torn Somalia, a quest that could trigger new conflict as the Western-backed government struggles to stop die-hard Islamist insurgents. ... more		British Columbia Liberals' shock win keeps pipeline afloat British Columbia Liberals won an upset in the Canadian province's elections, officials said Wednesday, raising hopes for a pipeline from Canada's oil sands to the Pacific Coast for shipping to Asia. ... more		Maintaining US space dominance requires rapid and reliable delivery of new systems Germany pledges EUR35 bn for space defence against Russia, China Blackbaud Reviews: Key Insights To Consider Before Choosing an LMS		US-led navies press Gulf manoeuvres amid Iran tensions Divers leap from a helicopter into the Gulf's choppy waters to destroy a mine, while a US marine fires at a floating target, as forces from 41 countries gathered for naval manoeuvres facing Iran's shores. ... more
				Canadian Arctic faces vulnerability to spills and other emergencies As leadership of the Arctic Council passes from Sweden to Canada May 15, experts say it is crucial that northern nations strengthen response capabilities to shipping-related accidents foreseen in ne ... more		Iraqi Kurds 'close to energy deal with Turks' Iraq's Kurds are reported to have reached a secret deal with Turkey under which the Kurds' semiautonomous enclave will ship oil to Turkey for export, a move that will enrage Baghdad and heighten fears of ethnic violence that could splinter the Iraqi state. ... more

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Bombs halt Iraq oil exports to Turkey

Peru upbeat about boosting natural gas exports

Boeing Brings B-52 into Digital Age with Significant Communications Upgrade

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