24/7 Oil and Gas News Coverage
July 17, 2013
ENERGY TECH
Protests held as YPF, Chevron sign Argentina oil deal
Buenos Aires, Ciudad Autonoma De Buenos Aires (AFP) July 16, 2013
Chevron and Argentina's state oil giant YPF signed a $1.2 billion agreement on Tuesday to exploit a huge oil reserve, triggering protests over the fracking it will entail. Loma La Lata Norte, in the southern Vaca Muerta reserve area, is one of the world's largest non-conventional oil and gas shale deposits, and is expected to bring in some $15 billion in total investments. About 1,000 indigenous Mapuche occupied two oil wells at Vaca Muerta on Tuesday, saying they were opposed to the deal. ... read more
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ENERGY TECH

Brussels says no plans for EU-wide shale gas ban
The European Union has no plans to impose a blanket ban on hydraulic fracturing, a controversial shale gas extraction method, but it will lay out rules to address environmental concerns, a top EU official said Tuesday. ... more
ENERGY TECH

Japan mulls nationalising unclaimed islands: report
Japan may nationalise any unclaimed remote islands in its waters in a bid to bolster its territorial claims, a newspaper said Monday amid a dispute with China over one set. ... more
ENERGY TECH

Oil slips on China's economic slowdown
World oil prices edged lower on Monday after weak economic data in both China and the United States, the two biggest global consumers of crude. ... more
OILGASDAILY


ENERGY TECH

Violence, bottlenecks threaten Iraq's new oil strategy
Iraq's troubled government is drawing up a new energy strategy that envisions investment of $620 billion in the next 17 years to triple production to 9 million barrels per day by 2020. ... more


ENERGY TECH

Stanford researchers say 'peak oil' concerns should ease
Fears of depleting the Earth's supply of oil are unwarranted, according to new research, which concludes that the demand for oil - as opposed to the supply - will reach its own peak and then decline ... more
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ENERGY TECH

Big quakes trigger tremors at US oil and gas sites
Large earthquakes around the world have been found to trigger tremors at US sites where wastewater from gas drilling operations is injected into the ground, a US study said Thursday. ... more
ENERGY TECH

India rebukes Bhutan with fuel subsidy cut: report
India has cut fuel subsidies to neighbouring Bhutan as part of a rebuke to the kingdom for "taking the Indian government for granted", a report said Thursday, citing government documents. ... more
24/7 News Coverage
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
ENERGY TECH

Global recovery, China to pull oil demand in 2014: IEA
Global economic recovery and emerging markets led by China will boost growth of oil demand to a record high total next year, the IEA forecast on Thursday. ... more
ENERGY TECH

Treating oil spills with chemical dispersants: Is the cure worse than the ailment?
Treating oil spills at sea with chemical dispersants is detrimental to European sea bass. A new study, to be presented at the Society for Experimental Biology meeting in Valencia on July 6, suggests ... more
ENERGY TECH

Trial over Spain Prestige oil disaster ends
Hearings in the trial over one of Europe's worst oil spills wrapped up in Spain on Wednesday after eight months of testimony. ... more

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ENERGY TECH

Global fears of running out of oil unwarranted, U.S. researchers say
U.S. researchers say fears of running out of oil are unwarranted, as the demand for oil - but not the supply - will reach a peak and then decline. ... more
ENERGY TECH

Libyan oil output falls amid security crisis
Libya's oil production has reportedly slipped by about 30 percent from the pre-civil war peak of 1.6 million barrels per day because of a nationwide security collapse and an electricity shortage largely caused by lawlessness. ... more
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ENERGY TECH

Gabon makes rare challenge to China over oil practices
Gabon has taken the exceptional step of withdrawing the right of Addax Petroleum, a subsidiary of Chinese oil giant Sinopec, to exploit an oilfield, raising concerns over possible repercussions on the business climate. ... more
ENERGY TECH

Quebec train disaster highlights pipeline shortage
Death and destruction unleashed on a Quebec town when a runaway oil tanker train derailed and exploded put a spotlight Monday on the challenges of transporting oil by rail, versus pipelines. ... more
ENERGY TECH

BP fights 'feeding frenzy' of US oil spill claims
BP asked a US appeals court on Monday to scuttle a "feeding frenzy" of "fictitious" compensation claims stemming from the 2010 Gulf of Mexico oil spill. ... more
ENERGY TECH
Free market is best way to combat climate change

Australia to ditch pollution levy by 2014

DOE: climate change to affect energy


ENERGY TECH
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Latest Intel processors score well in tests of laptop battery life

Brussels says no plans for EU-wide shale gas ban


ENERGY TECH
Drought response identified in potential biofuel plant

Euro Parliament committee endorses cap on using crops for biofuels

Japan, China and South Korea account for 84 percent of the macroalgae patents


ENERGY TECH
Japan's former premier sues PM Abe

Greenpeace activists held after French nuclear plant break-in

China cancels plans for uranium plant

ENERGY TECH

Northrop Grumman Provides LCR-100 Attitude and Heading Reference System for Sikorsky Offshore Rig Approach Capability
Northrop Grumman is supplying a modified LCR-100 Attitude and Heading Reference System (AHRS) for the newly certified offshore rig approach feature on Sikorsky's S-92A helicopter. The automate ... more
ENERGY TECH

Israel's plan to export Mediterranean gas faces obstacles
Israel's plans to export 40 percent of natural gas production from its offshore fields in the eastern Mediterranean has sharpened a national debate. ... more
ENERGY TECH

US Navy bolsters presence in Gulf
The US Navy has deployed three additional coastal patrol ships to its Fifth Fleet headquarters in Bahrain, bolstering America's presence in the strategic Gulf, officials said Wednesday. ... more
ENERGY TECH

Japan has 'serious concern' about China drilling rig
Japan said on Wednesday it has voiced "serious concern" to China at the construction of a drilling rig near a disputed and potentially rich gasfield in the East China Sea. ... more
Military Space News, Nuclear Weapons, Missile Defense
Northrop Grumman Hypersonic Navigation System Exceeds Rocket Test Milestones
We can build fighter jet without Germany: France's Dassault
Moldova backs EU in elections marred by Russian interference
ENERGY TECH

Petrocaribe weighs Venezuela's post-Chavez oil diplomacy

ENERGY TECH

Iraq's Maliki discusses oil project in Russia

ENERGY TECH

Transporting Diluted Bitumen Through Pipelines Does Not Increase Likelihood of Release

ENERGY TECH

Iraq mulls $620B energy strategy

ENERGY TECH

China to reconsider shale target?

ENERGY TECH

Japan vows to help Philippines amid China sea row

ENERGY TECH

Jordan seeks energy security with shale oil plant

ENERGY TECH

Outside View: Azerbaijan decides Europe's energy security

ENERGY TECH

Philippines vents anger at China over naval buildup

ENERGY TECH

Philippines, US hold war games near China flashpoint reef

Violence against Brazil natives up sharply: report

Chinese secure foreign oil in $100B buying spree

Bangladesh to exhaust gas reserves?

Qatar succession and the gulf's aging monarchies

Obama: Keystone pipeline must not add to global warming

Argentina struggles to raise cash for shale develoment

Stray gases found in water wells near shale gas sites

Fracking raises risk of contaminated drinking water: study

Oil prices ease on US, China concerns

Iraq oil exports dip on weather, sabotage

Russia, China sign 'unprecedented' $270 bn oil deal

Israel moves on gas exports, but how is a problem

Exxon seeks to export Canadian LNG

Russia, China reach $60 bn oil supply deal: Putin

India pushes for energy security in Iraq meet

Iraq: Chevron, Total expand Kurdish drilling

Indonesia to raise subsidized fuel prices

Oil dives on Fed taper signal, weak China data

Persian Gulf states 'unable to protect themselves'

Chevron signs Iraq Kurd oil deal

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