Oil and Gas News

September 23, 2013

Oil thieves cripple Nigeria's production, cost state $5B a year
Abuja, Nigeria (UPI) Sep 20, 2013
Nigeria, once Africa's energy powerhouse, is losing an average of $5 billion a year in potential revenue because international criminal networks are stealing at least 100,000 barrels daily, reducing the country's production to a four-year low of less than 2 million barrels a day, a British report says. The massive and systematic theft, bolstered by deep-rooted official corruption in the West African producer, is fueling growing instability as the country grapples with a savage insurgency by Isl ... read more

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Venezuelan president in China after US airspace row Venezuelan President Nicolas Maduro said he had arrived in Beijing on Saturday after accusing the United States of refusing his plane access to its airspace for the journey. ... more		Clean Energy, Ferus Natural Gas Fuels, and GE Join Forces To Jointly Deliver LNG Clean Energy Fuels, Ferus Natural Gas Fuels, GE Ventures and GE Energy Financial Services have announced a consortium to jointly deliver liquefied natural gas ("LNG") in the United States at the Hig ... more		Jordan, China ink $2.5 bn deal to build oil shale-fired plant Jordan and China have inked a memorandum of understanding to build a $2.5 billion (1.8 billion euros) oil shale-fired power plant in the kingdom to produce 900 megawatts of electricity, media said Thursday. ... more
				Chevron wins partial victory in Ecuador pollution case An arbitration panel in the Hague has given US oil firm Chevron an important procedural victory in its battle against a $19 billion fine by Ecuador for polluting the Amazon basin region. ... more		Algeria gas plant report reveals energy security gaps The first detailed report of what happened when 32 jihadists stormed the In Amenas gas complex in Algeria in January concludes there were inadequate security measures in place and Algeria's army was ill-prepared for an attack by such a large terrorist force. ... more

US Navy History of Human Spaceflight Conference

Iraq Kurdish leader insists on right to export energy A senior leader of Iraq's autonomous Kurdish region insisted on Wednesday that it had the right to export oil, efforts which the central government in Baghdad has decried as illegal. ... more		Study: Less methane leaks from fracking than EPA says Natural gas drilling emits 10 percent less methane greenhouse gas than the U.S. Environmental Protection Agency and fracking critics say, a study indicates. ... more		Philippines quake kills dozens as injured overwhelm hospitals Typhoon Bualoi inflicts death, lasting floods on Vietnam Moldova backs EU in elections marred by Russian interference		Ecuador's Correa calls for Chevron boycott Ecuadoran President Rafael Correa called Tuesday for a global boycott of Chevron, as part of a campaign to highlight Amazon pollution that Quito has attributed to the US oil giant. ... more
				Probing methane's secrets: From diamonds to Neptune Hydrocarbons from the Earth make up the oil and gas that heat our homes and fuel our cars. The study of the various phases of molecules formed from carbon and hydrogen under high pressures and tempe ... more		China confirms new gas pipeline through Tajikistan China's Xi Jinping at a regional summit signed a deal to build a gas pipeline through the impoverished ex-Soviet country of Tajikistan, Tajik television reported Saturday. ... more

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DNV students propose new subsea solution for the Gulf of Mexico Tasked by DNV with developing new ideas for oil recovery at 2,500 metres depth in the Gulf of Mexico, a group of 20 international graduating master's students have proposed a subsea concept involvin ... more		Lebanon's gas hopes leak away amid country's woes Lebanese officials are struggling to paper over the country's plethora of problems, political and otherwise, that are holding up exploration for natural gas in its sector of the eastern Mediterranean while Israel and even bankrupt Cyprus are already well advanced in exploiting their reserves. ... more		Venus' Cloud Aerosols Contain Reservoirs of Water and Iron Technique Could Reveal Hidden Habitats on Moon and Mars Arianespace partners with BULL to advance space debris prevention measures on Ariane 6		Mideast Oil Loses Some of its Power On his way back from the Yalta conference in February 1945 where US President Franklin D. Roosevelt met with Great Britain's Winston Churchill and the Soviet Union's Stalin, the American president m ... more
				Chevron, Transocean settle over Rio oil spill US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro. ... more		Nigerian residents reject Shell settlement over oil spills Negotiations between Shell and Nigerian residents affected by two oil spills in 2008 failed to reach a compensation deal Friday, with residents' lawyers calling the oil giant's settlement offer "insulting." ... more

Cyberattacks threaten electrical grid

Lithuania to focus on external suppliers at EU Energy Council meeting

US to limit emissions at new power plants

Canada at competitive disadvantage for LNG export?

Dutch back Greenpeace ship's Arctic oil-drilling protest

China probes three more oil executives for 'violations'

Algae Biofuel Can Cut CO2 Emissions by up to 68 Percent Compared to Petrol

Stanford scientists use 'wired microbes' to generate electricity from sewage

Sharing the risks/costs of biomass crops

Japan top diplomat visits Chernobyl nuclear plant

TEPCO to drain two more tanks at Fukushima nuclear plant

Ukraine, Japan to monitor Chernobyl and Fukushima from space

	China's Xi agrees $3 bn in credits for Kyrgyzstan China on Wednesday agreed credits worth over three billion dollars for energy projects in its northern neighbour Kyrgyzstan, during a visit by President Xi Jinping aimed at boosting Beijing's influence in Central Asia. ... more		BP signs deal on controversial north Iraq oilfield British energy giant BP has signed a deal with Baghdad on an oilfield at the heart of a dispute between the central government and Kurdish authorities in northern Iraq, officials said Wednesday. ... more		Europe must save gas plants for energy security: GDF Suez chief Europe must save its gas-fired electricity plants by paying for them to remain available for peak demand or face a threat to its energy security, warned Wednesday the head of GDF Suez, the top non-nuclear power producer in the world. ... more		Poland anchors energy strategy in coal, shale gas: PM Central European powerhouse Poland will anchor its energy strategy in coal and shale gas, with only limited investment in renewables, Prime Minister Donald Tusk said Tuesday. ... more

EU leaders plot defence boost in shadow of Denmark drones

Germany wants to allow military to shoot down drones

Leaked info: China's Taiwan invasion plans get help from Russia

Uzbekistan, China sign agreements worth $15 billion		Philippines mulls removing 'Chinese' blocks at shoal		U.K. scientists say shale gas' carbon footprint on par with others		Shell opens compensation talks over massive Nigeria oil spill		Japan and India to push for better LNG pricing
Exploring for Oil in Nicaragua: Friends in High Places		Destabilization fears over Somalia's first oil deal		PetroChina denies more officials probed for graft		Chevron claims new proof of fraud in Ecuador pollution ruling		China, Kazakhstan eye deals worth $30 bln

Shell in compensation talks over Nigeria oil spills

China and Turkmenistan pledge energy cooperation

Philippines says it finds more Chinese blocks on reef

Libya in crisis as armed groups throttle oil supplies

India tells firms to be more adventurous in oil quest

Iraq oil exports rebound in August: ministry

Japan's Abe visits gas-rich Qatar

Thousands protest in Romania against shale gas, gold mine

China halts environmental approvals for oil giants

Row between Portugal, Spain over Savage Islands

Poll finds 70% of oil-rich Norwegians against EU membership

Pakistan hoping that U.S. govt. figures on shale gas reserves accurate

China graft probe to focus on oil firm: media

New fracking touted as Quebec eyes energy boom

India's new LNG import terminal receives first delivery

Indian oil tanker still being detained by Iran

Technip to lay world's deepest gas pipeline in Gulf of Mexico

India's OVL may block Chinese bid to buy into Brazil oilfield

Belarus, Ukraine begin joint geological surveys for oil and gas

PetroChina says H1 profit up 5.6 percent

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