Oil and Gas News

August 02, 2013

Shell rejects Ukrainian-made pipes for Yuzivska shale gas field
Kiev, Ukraine (UPI) Jul 31, 2013
Royal Dutch Shell said this week Ukrainian pipe makers won't be included in its plans to develop the country's shale gas reserves due to low-quality product. The Dutch oil producer announced on its website Monday it will instead be looking to Japanese imports for pipes to use in its new joint-venture effort to produce up to 20 billion cubic meters of shale gas a year at the Yuzivska gas field in the eastern Kharkov and Donetsk regions. Ukraine, which holds Europe's third-largest shale ga ... read more

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Mideast energy industry under terrorist attack Iraq's main oil export pipeline to Turkey has been attacked repeatedly in recent weeks by resurgent al-Qaida terrorists who're waging a murderous bombing campaign across the country that's spreading to the southern Basra oil fields that produce most of Iraq's crude. ... more		WWF urges Britain's Soco not to seek oil in DRC game park British firm Soco International must abandon plans to drill for oil in Africa's oldest national park, environmental campaigners WWF said Thursday. ... more		Saudi billionaire prince urges less reliance on oil Saudi billionaire prince Alwaleed bin Talal has warned global demand for the kingdom's oil is dropping, urging revenue diversification and investment in nuclear and solar energy to cover local consumption. ... more
				Israeli navy grapples with defending Med gas fields Amid signs Israel's effort to patch up relations with one-time ally Turkey is in difficulties, the prospect of exporting gas from offshore fields to Europe via a pipeline under the eastern Mediterranean to Turkey would seem to be dimming. ... more		Halliburton admits destroying US oil disaster evidence Halliburton, the US energy services giant, has admitted destroying evidence relating to the 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico, the worst such disaster in American history. ... more

Blast halts Iraq oil exports to Turkey A bomb hit a pipeline carrying oil from Iraq to Turkey on Sunday, stopping exports, a police officer and a senior official from the North Oil Company said. ... more		Sudan delays oil pipeline closure: Ethiopia Sudan will delay closing an economically vital pipeline carrying South Sudanese oil, the Ethiopian foreign ministry 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		Sixteen arrested at British anti-fracking protest Sixteen protesters were arrested on Friday as British police broke up a blockade against exploratory drilling by a fracking company in southern England. ... more
				Oil spill reaches Thailand resort island Oil from a leaking pipeline has washed up on a resort island in Thailand, a Thai lawmaker says. ... more		Myanmar-China gas pipeline starts flowing: company Gas has started flowing to energy-hungry China through a pipeline from Myanmar, a Chinese state oil company said Monday, in a controversial project that highlights the countries' economic links even as their political ties come under pressure. ... more

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Leaks prompt concern over bitumen extraction methods A series of leaks at a Canadian oil company's oil sands operation has called into question the safety of bitumen extracting methods. ... more		Oil market under pressure from China demand fears World oil prices steadied on Thursday, remaining under pressure from concerns about an economic slowdown in top energy consumer China, analysts said. ... more		Maintaining US space dominance requires rapid and reliable delivery of new systems Germany pledges EUR35 bn for space defence against Russia, China Rocket Lab Expands Synspective Partnership with 10 Additional Electron Launches		Now gas-rich Israel goes for oil in East Med Noble Energy, the Texas company that discovered rich natural gas fields off Israel and Cyprus in the eastern Mediterranean, is getting ready to start deep-water exploration for as much as 1.8 billion barrels of oil in the Jewish state's waters. ... more
				Oil prices tumble on poor China data World oil prices dived on Wednesday following weak manufacturing data in China, which is the world's leading consumer of energy. ... more		Mineral Rich Australia May Contain World's Next Major Oil Find Australia's massive mineral exports allowed it to weather the global recession, which began in 2008, quite nicely. The U.S. government's Energy Information Administration noted in its country's anal ... more

Spanish ministers meet with energy investors on market reforms

Americans continue to use more renewable energy sources

Sweden's Vattenfall hit by $4.6-bn charge as energy demand plunges

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	Iraq oil exports fall on weather, sabotage Iraqi oil exports fell in June for the second month in a row as poor weather hit southern ports and saboteurs damaged a key pipeline, the oil ministry said Monday. ... more		Iran signs major deal to export gas to Iraq Iran has finalised a major contract to export gas to neighbouring Iraq, worth 3.7 billion dollars a year, local media on Monday quoted a deputy oil minister as saying. ... more		West Africa becomes pirate hotspot amid oil boom Pirates have looted a Marshall Islands-flagged chemical tanker off Togo and hijacked a Maltese oil products tanker off Gabon in recent days amid a sharp escalation in attacks by maritime marauders plaguing the oil-rich Gulf of Guinea off West Africa. ... more		Reforms needed for investment in Australian LNG An Australian oil and natural gas industry supporter warned that without policy reforms billions of dollars in new liquefied natural gas projects would be at risk. ... more

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Chile reports fracking 'milestone' in gas find		Japan mulls nationalising unclaimed islands: report		Brussels says no plans for EU-wide shale gas ban		Oil slips on China's economic slowdown		Violence, bottlenecks threaten Iraq's new oil strategy

Stanford researchers say 'peak oil' concerns should ease

Big quakes trigger tremors at US oil and gas sites

India rebukes Bhutan with fuel subsidy cut: report

Global recovery, China to pull oil demand in 2014: IEA

Treating oil spills with chemical dispersants: Is the cure worse than the ailment?

Trial over Spain Prestige oil disaster ends

Global fears of running out of oil unwarranted, U.S. researchers say

Libyan oil output falls amid security crisis

Gabon makes rare challenge to China over oil practices

Quebec train disaster highlights pipeline shortage

BP fights 'feeding frenzy' of US oil spill claims

Northrop Grumman Provides LCR-100 Attitude and Heading Reference System for Sikorsky Offshore Rig Approach Capability

Israel's plan to export Mediterranean gas faces obstacles

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?

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