Oil and Gas News

July 18, 2013

Israel's dilemma: Where to sell the east Med gas
Tel Aviv, Israel (UPI) Jul 18, 2013
The Israeli government, rejoicing in the Jewish state's growing reserves of natural gas off its Mediterranean coast and the possibility of oil as well, is wrestling with the geopolitical ramifications this energy wealth has brought in its train. The problem is whether to build a natural gas pipeline under the Mediterranean to Turkey to reach the European market, and risk antagonizing Russia which sees Europe as its turf, or go for liquefying the gas for shipping via the Red Sea to China and the ... read more

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Chile reports fracking 'milestone' in gas find Chilean state oil company ENAP said it used fracking techniques to release what could be commercially viable quantities of natural gas and condensates in the country's southern Magallanes region. ... more		Protests held as YPF, Chevron sign Argentina oil deal 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. ... more		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
				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		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

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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		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		Ancient nitrogen enzyme study illuminates early Earth conditions and life detection Cleaner ship fuel is reducing lightning in key shipping lanes, research finds Geoscientists use satellite to determine not the shape of water, but how water shapes land		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
				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		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

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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		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		China prepares offshore test base for reusable liquid rocket launches Icy cycles may have driven early protocell evolution Metal rich winds detected in giant dusty cloud around distant star		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
				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		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

Americans continue to use more renewable energy sources

Australia to scrap carbon tax for emissions trading

Free market is best way to combat climate change

Imaging electron pairing in a simple magnetic superconductor

Israel's dilemma: Where to sell the east Med gas

Protests held as YPF, Chevron sign Argentina oil deal

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

S.Africa, EU seal nuclear energy deal

Chernobyl at Sea? Russia Building Floating Nuclear Power Plants

No radiation spike at Fukushima despite steam: TEPCO

	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		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		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		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

Aalyria spacetime platform tapped for AFRL space data network trials

Atomic 6 debris shields selected for Portal Space Systems mission

China starts large scale production of T1000 carbon fiber

US Navy bolsters presence in Gulf		Japan has 'serious concern' about China drilling rig		Petrocaribe weighs Venezuela's post-Chavez oil diplomacy		Iraq's Maliki discusses oil project in Russia		Transporting Diluted Bitumen Through Pipelines Does Not Increase Likelihood of Release
Iraq mulls $620B energy strategy		China to reconsider shale target?		Japan vows to help Philippines amid China sea row		Jordan seeks energy security with shale oil plant		Outside View: Azerbaijan decides Europe's energy security

Philippines vents anger at China over naval buildup

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

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