Oil and Gas News

October 31, 2013

Lebanon's energy minister boasts gas reserves skyrocket, but ...
Beirut, Lebanon (UPI) Oct 30, 2013
Energy Minister Gebran Bassil says natural gas reserves off Lebanon's Mediterranean coast are far greater than previously estimated, saying there may be 95.9 trillion cubic feet plus 865 million barrels of oil. The estimates mark a massive increase in Lebanon's potential energy wealth, fueling growing expectations the violence-prone country is on the brink of a boom that will, at a stroke, eliminate its deepening economic distress - a debt approaching $60 billion - as it stumbles from day to ... read more

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Singapore to seek more LNG suppliers Singapore aims to increase liquefied natural gas imports as part of the expansion of its LNG terminal, said a government official. ... more		What do we know about fracking Fracking is in the headlines a lot these days, and everyone has an opinion about it. But how much do we really know for certain about the oil and gas extraction technique and its health effects? And ... more		Scientists wary of shale oil and gas as U.S. energy salvation After 10 years of production, shale gas in the United States cannot be considered commercially viable, according to several scientists presenting at the Geological Society of America meeting in Denv ... more
				OceanGate Dives On Oil Platform For Black Elk Energy OceanGate has completed a series of dives in the Gulf of Mexico to observe the ecological impact of decommissioned oil platforms on ocean life using the 5-person manned submersible Antipodes. ... more		PHYCO2 Receives Patent for Cutting Edge CO2 Sequestration Process PHYCO2 has announced its first patent from the United States Patent and Trademark Office for the company's cutting edge technology that removes CO2 emissions to produce a clean, domestic energy sour ... more

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Thousands march in Romania against shale gas, gold mine Thousands of Romanians rallied on Sunday against a controversial Canadian gold mine project and against shale gas exploration, in weekly demos that have turned into one of the country's longest-running protests in years. ... more		Iraq oil exports plunge to 19-month low: ministry Iraq's oil exports hit a 19-month low in September, oil ministry spokesman Assem Jihad said on Sunday, attributing the decline to maintenance and improvement projects at the country's ports. ... more		The first animals on Earth may have been sea sponges, study suggests Small Satellite Contracted to Probe Climate Effects of Space Radiation Fengyun satellite strengthens China global weather forecasting capacity		Real wildcatters go to Ethiopia to hunt for oil Amid East Africa's oil and gas boom, the more adventurous oilmen are starting to gravitate toward the vast Ogaden desert region of Ethiopia, where drilling activity has been sparse since rebels attacked an exploration team in 2007, killing nine Chinese and 65 Ethiopians. ... more
				Falklands oil prospecting firms near merger Two of the companies drilling for oil in the Falkland Islands' South Atlantic waters are merging and further corporate patch-ups may not be far behind, industry analysts said. ... more		Gore urges US to stop Keystone 'atrocity' Former US vice president Al Gore on Thursday urged President Barack Obama to block the Keystone XL oil pipeline from Canada, likening the carbon-intense project to drug addiction. ... more

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For Pakistan, more twists and turns in long-running Iran gas saga A $7.5 billion natural gas pipeline from Iran to Pakistan that supporters say would help the Islamabad government overcome crippling energy shortages, is under fire, even from Pakistanis, and it's taking some interesting twists and turns. ... more		China heads to South America in global energy 'scramble' China's global hunt for crucial energy supplies is taking it into America's backyard, with two Chinese state firms winning production rights to a multi-billion-barrel deepwater oilfield off Brazil. ... more		Venus' Cloud Aerosols Contain Reservoirs of Water and Iron Technique Could Reveal Hidden Habitats on Moon and Mars Cybersecurity in Orbit: Protecting Satellite Networks from Evolving Digital Threats		China media hail Russia ties after $85 bn oil deal Chinese state media hailed the "huge potential" of ties with Russia Wednesday after a $85 billion oil deal, with analysts saying the cooperation masks Moscow's unease at Beijing's surging influence in Central Asia. ... more
				UMD Researchers Address Economic Dangers of 'Peak Oil' Researchers from the University of Maryland and a leading university in Spain demonstrate in a new study which sectors could put the entire U.S. economy at risk when global oil production peaks ("Pe ... more		Chinese oil firms, Europe's giants win Brazil auction China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to the huge "Libra" Atlantic oilfield. ... more

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Singapore to seek more LNG suppliers

Lebanon's energy minister boasts gas reserves skyrocket, but ...

Scientists wary of shale oil and gas as U.S. energy salvation

Alternative Fuels Americas To Launch Project Jetropha

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Russia firms to build Jordan's first nuclear plant

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	Researchers Measure Methane Emissions from Natural Gas Facilities Colorado State University is leading a groundbreaking field study to quantify methane emissions associated with natural gas gathering and processing. This month, a team led by Anthony Marchese ... more		Rosneft cedes East Siberian oil fields to China Russia's top oil producer Rosneft signed a memorandum on Friday giving the world's largest crude importer China its first direct access to energy-rich East Siberian fields. ... more		Myanmar-to-China gas pipeline fully open: media A pipeline pumping natural gas from Myanmar to energy-hungry China has gone fully operational, state-run Chinese media said on Monday. ... more		Chinese oil firms, Europe's giants win Brazil auction China's CNOOC and CNPC, Anglo-Dutch giant Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras on Monday in winning production rights to huge "Libra" Atlantic oilfield. ... more

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Top diplomats of North Korea, China agree to oppose 'hegemonism'

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BHP Billiton scraps most of its Indian gas, oil exploration		$10.8B U.S. arms sale reassures gulf allies at touchy time		Finland OKs $168 million in funding for LNG capacity expansion		Romanians protest Chevron fracking plans		Nigeria's booming oil theft racket costs $1B a month
Scotland's Salmond warns future of shuttered refinery in jeopardy		Ukrainians protest Chevron's shale gas plans		Chevron in US court to block $19bn Ecuador fine		Senior Dutch diplomat beaten up in Russia		Romanian villagers occupy site to prevent Chevron 'fracking'

China and Russia to boost energy cooperation

Troubled Somalia hustles Big Oil to resume exploration

Shell declares Nigerian pipeline open after repairs

Chinese firms to star in upcoming Brazil oil auction

Gaza gas now a 'serious prospect.' says Tony Blair

Don't Be Fooled by Libya - This is a Failed State

Clues to foam formation could help find oil

Radioactive shale gas contaminants found at wastewater discharge site

Russian court rules to keep more Greenpeace activists in jail

Shell warns on Nigerian exports after pipeline shutdown

Russian journalists call for release of Greenpeace photographer

Global energy challenges under spotlight in South Korea

Lebanon's feuding pols block Med gas drilling again

France upholds fracking ban

Kremlin protests arrest of Russian diplomat by Dutch police

Saudis drive to boost oil output, fast-track shale gas

US shutdown delaying Keystone XL pipeline review

US and allies push China for progress on sea disputes

Shell shuts Nigerian pipeline again, loses 150,000 bpd

After years of blocking, Israel backs Gaza offshore gas

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