Oil and Gas News

November 01, 2013

Scientists wary of shale oil and gas as US energy salvation
Boulder CO (SPX) Nov 01, 2013
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 Denver on Monday. They argue that while the use of hydraulic fracturing and horizontal drilling for "tight oil" is an important contributor to U.S. energy supply, it is not going to result in long-term sustainable production or allow the U.S. to become a net oil exporter. Charles A.S. Hall, professor emerit ... read more

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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		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		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		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
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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		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		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 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
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Scientists wary of shale oil and gas as US energy salvation

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Chinese oil firms, Europe's giants win Brazil auction		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'

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Shell declares Nigerian pipeline open after repairs

Chinese firms to star in upcoming Brazil oil auction

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US and allies push China for progress on sea disputes

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