Oil and Gas News

November 14, 2013

PetroChina to pay $2.6 bn for Peru oil and gas assets
Shanghai (AFP) Nov 13, 2013
PetroChina will pay $2.6 billion to acquire oil and gas interests in Peru, the company said Wednesday, in China's latest move to secure crucial energy supplies. PetroChina, the listed unit of China's biggest energy firm China National Petroleum Corp (CNPC), will acquire a Peruvian subsidiary of Brazilian state-owned giant Petrobras, it said in a statement to the Hong Kong Stock Exchange. The target company fully owns two oil and gas blocks in Peru and a 46 percent stake in a third, PetroChina sa ... read more

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Briton hurt in Iraq oilfield row over 'Shiite insult' Residents angry over alleged religious insults beat up a Briton working at an energy company camp in southern Iraq, days after another firm suspended operations over secular unrest, officials said Tuesday. ... more		Drilling for hydrocarbons can impact aquatic life The degradation of drilling sumps associated with hydrocarbon extraction can negatively affect aquatic ecosystems, according to new research published November 6th in the open-access journal PLOS ON ... more		GE Aims To Accelerate Environmental Performance Of Alberta Oil Sands GE Canada announced a second phase of investment to develop technology that addresses environmental performance in the Alberta oil sands. GE will partner with Canada's Oil Sands Innovation Alliance ... more
				Report: Eni seeking $10B in gas price adjustments from Statoil 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. ... more		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		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		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
				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		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

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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		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		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		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		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

World set to heat up despite clean-energy efforts: IEA

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

Smart water meters stop money going down the drain

Wireless device converts 'lost' energy into electric power

Revolution in Interior Lighting Ready to Shine

New aluminum alloy stores hydrogen

USDA Grant Aims to Convert Beetle-Killed Trees into Biofuel

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

Scientists trick algae's biological clock to create valuable compounds

Former PM Koizumi calls for nuclear-free Japan

AREVA wins a major contract for third nuclear reactor at Angra

Energy on Putin's Vietnam agenda

	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		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

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

What do we know about fracking		PHYCO2 Receives Patent for Cutting Edge CO2 Sequestration Process		Scientists wary of shale oil and gas as U.S. energy salvation		OceanGate Dives On Oil Platform For Black Elk Energy		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

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