Oil and Gas News

November 11, 2013

Report: Eni seeking $10B in gas price adjustments from Statoil
Oslo, Norway (UPI) Nov 11, 2013
Italian multinational Eni is asking for $10.1 billion in damages from Norway's Statoil for alleged natural gas overcharges, a Norwegian media report said. The Oslo business daily Dagens Naeringsliv, citing sources it did not name, reported Friday Eni is seeking that amount in an arbitration proceeding initiated against Statoil in August - claiming it is paying a 50 percent mark-up over spot market rates due to long-term contracts tied to the price of oil. Eni filed arbitration claims in ... read more

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Oil rises after Iran nuclear talks stall Oil prices rose in Asian trade Monday after gruelling meetings in Geneva aimed at convincing Iran to halt its disputed nuclear programme failed to result in an agreement, analysts said. ... more		Greece encouraged by Ionian Sea hydrocarbon survey Greece this week hailed the preliminary results of an oil and gas survey in the Ionian Sea showing similarities to earlier finds in Italian and Albanian waters. ... more		Colorado vote against fracking to trigger more opposition? Voters in three Colorado cities approved anti-fracking initiatives by wide margins this week, which could have an impact on the controversial drilling process that has propelled the nation's oil and gas boom. ... more
				Greenpeace activists scale Sagrada Familia in Russia protest Ten Greenpeace activists scaled Barcelona's landmark Sagrada Familia basilica Friday to demand the release of 30 people jailed in Russia for taking part in an protest by the environmental group against Arctic oil drilling. ... more		Lebanon's gas boom-in-waiting goes into deep freeze Lebanon's energy boom-in-waiting seems to be more or less on permanent hold these days, with little prospect that the country's perpetually feuding politicians can set aside their sectarian rivalries to get exploration under way. ... more

Shell 'manipulates Nigeria oil spills probes': Amnesty Amnesty International alleged on Thursday that Shell has repeatedly misrepresented the cause of oil spills in Nigeria, blaming criminal sabotage to avoid liability, in a charge the Anglo-Dutch energy giant dismissed as "unsubstantiated". ... more		Iraq oil pipeline bombed, pumping shut down Militants bombed a major oil pipeline in northern Iraq early on Saturday, disabling it and forcing pumping to be suspended, security officials said. ... 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		Israel drills disputed West Bank oilfield with 3.5B barrels Israel's Givot Olam oil company says it's exploring an oil field that could contain 3.53 billion barrels of crude, which along with the rich natural gas fields the Jewish state's found under the Mediterranean Sea seems set to make it a regional energy power. ... more
				Gas injection probably triggered small earthquakes near Snyder, Texas A new study correlates a series of small earthquakes near Snyder, Texas between 2006 and 2011 with the underground injection of large volumes of gas, primarily carbon dioxide (CO2) - a finding that ... more		Shell to drill again off Alaska's Arctic coast Oil giant Shell will make another attempt to drill for oil off Alaska's arctic coast. ... more

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Space Situational Awareness Conference 2013

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Petrobras mulls shedding energy assets in Peru Brazilian state oil company Petrobras hopes to raise cash from the sale of its assets in Peru as part of a continuing effort to ease its debt burden. ... more		Silent protest for Briton held over Greenpeace ship The mother of a British video journalist held in Russia as a crew member of Greenpeace's Arctic Sunrise ship appealed Saturday for his release, saying that she hoped "common sense... and justice" would prevail. ... 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		Ukraine minister: Naftogaz debt to Gazprom to be resolved Monday A dispute over late payment of $882 million owed by Ukraine's Naftogaz to Russia's Gazprom will be resolved Monday, a Ukrainian minister said. ... more
				Lebanon's energy minister boasts gas reserves skyrocket, but ... 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. ... more		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

Updating building energy codes: How much can your state save?

Smart water meters stop money going down the drain

Emissions pricing and overcompensating

New technology can harvest 'lost' energy, create electricity

Colorado vote against fracking to trigger more opposition?

Lebanon's gas boom-in-waiting goes into deep freeze

Burning biomass pellets instead of wood or plants in China could lower mercury emissions

Scientists trick algae's biological clock to create valuable compounds

USDA Grant Aims to Convert Beetle-Killed Trees into Biofuel

SUSI Robot used in reactor lifetime extension project

Fukushima plant readies for delicate fuel rod removal

Japan's Toshiba to buy British nuclear firm: report

	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		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		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

Sierra Space clears design milestone for missile tracking satellites in SDA Tranche 2

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

Elbit secures 120 million order for Hermes 900 maritime surveillance UAS

Thousands march in Romania against shale gas, gold mine		Iraq oil exports plunge to 19-month low: ministry		Real wildcatters go to Ethiopia to hunt for oil		Falklands oil prospecting firms near merger		Gore urges US to stop Keystone 'atrocity'
For Pakistan, more twists and turns in long-running Iran gas saga		China heads to South America in global energy 'scramble'		China media hail Russia ties after $85 bn oil deal		UMD Researchers Address Economic Dangers of 'Peak Oil'		Chinese oil firms, Europe's giants win Brazil auction

Researchers Measure Methane Emissions from Natural Gas Facilities

Rosneft cedes East Siberian oil fields to China

Myanmar-to-China gas pipeline fully open: media

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'

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

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