Oil and Gas News

December 01, 2013

Exxon sells Iraq oil stake to PetroChina: ministry
Baghdad (AFP) Nov 28, 2013
American energy giant Exxon Mobil on Thursday sold part of its controversial stake in a massive Iraqi oilfield to PetroChina and Indonesia's Pertamina amid a long-running row with Baghdad. The sale of the stake in the West Qurna-1 field in south Iraq, one of the country's largest, marks a key step towards resolving the dispute with the central government over Exxon's contracts with the autonomous Kurdish region. "The agreement was signed for Exxon Mobil to sell part of its 60 percent stake," oil ... read more

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Sinopec suspends executives over China pipeline blast: Xinhua Chinese oil giant Sinopec has suspended two executives following a pipeline explosion in the coastal city of Qingdao which left more than 50 people dead, state media said Wednesday. ... more		Minister says Poland to produce shale gas next year Poland will begin commercial production of shale gas next year, the Deputy Environment Minister said Wednesday, becoming the first European country to use the controversial technique known as fracking. ... more		Argentina, Repsol said nearing compensation compromise Argentina and major Spanish oil producer Repsol are nearer a compromise over last year's government unsettling seizure of Repsol unit YPF. ... more
				Iraqi Kurdish oil exports to Turkey may start next month Oil exports from autonomous Iraqi Kurdistan to Turkey could start next month, the region's prime minister said as he held talks in Ankara Wednesday on planned energy tie-ups that are likely to anger Baghdad. ... more		Chevron alleges Ecuador fraud in oil pollution case Chevron claimed Tuesday that corrupt Ecuadoran plaintiffs mounted an elaborate fraud to win a multi-billion-dollar case against it for polluting the Amazonian rainforest, in arguments before a US court. ... more

CubeSats, SmallSats and MicroSats

Iran deal 'will lead to surge of oil to Asia' Iran's deal with Western powers to curb parts of its nuclear programme is likely to lead to a sizable increase of shipments of oil from the Islamic Republic to Asia, analysts said. ... more		Chevron alleges Ecuador fraud in oil pollution case US energy giant Chevron claimed Ecuador used fraud to win an Ecuadoran pollution case against it, in final arguments at a trial Tuesday in a New York federal court. ... 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		JPL to Assist in Oil and Gas Tech Development Charles Elachi, director of NASA's Jet Propulsion Laboratory in Pasadena, Calif., met with top executives of the Norwegian-based oil and gas company, Statoil, on Friday, Nov. 22, in a ceremonial sig ... more
				Turkey could increase oil imports from Iran Turkey could increase its oil imports from neighbouring Iran once the sanctions are lifted as part of a landmark deal on Tehran's nuclear programme, the energy minister said on Monday. ... more		Arab gulf states build up strike capabilities as U.S. relaxes rules Amid mounting Arab concerns about a rapprochement between the United States and Iran, the Persian Gulf petro-monarchies that are Tehran's greatest opponents are looking to acquire precision-guided weapons and other advanced systems to enhance their strike capabilities. ... more

International Conference on Protection of Materials and Structures From Space Environment

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

China oil pipeline explosion toll rises to 52 The death toll from an oil pipeline explosion in a Chinese coastal city rose to 52 Sunday, as rain and the close proximity of dangerous gases hampered the rescue operation, state media said. ... more		18,000 evacuated after pipeline explosion in China: govt Some 18,000 people were evacuated from a Chinese coastal city after an oil pipeline explosion killed at least 47 people and sent thick black smoke billowing into the sky, a local government report said Saturday. ... 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		EU: Deal nearly done for reverse gas flows from Slovakia to Ukraine A European Union official said this week Ukraine is quickly nearing a deal with Slovakia allowing it import gas from its neighbor through reverse west-east flows. ... more
				Ben Gurion Researchers Develop New Type of Crude Oil Using Carbon Dioxide and Hydrogen Ben-Gurion University of the Negev (BGU) researchers have developed an innovative process to convert carbon dioxide and hydrogen into a renewable alternative for crude oil, which could transform fue ... more		Outside View: The strange debate over LNG exports The debate over exports of U.S. liquefied natural gas is exceedingly strange. In Washington one sometimes hears calls to limit imports of given goods or services but limits on exports? ... more

Founders of Envirofit Selected as Energy Innovators of the Year by The Economist

World's top carbon emitter China expands emissions trading

Oettinger reassures Norway on undersea grid link to Britain

Researchers convert thermoelectric material into high performance electricity

Enhancing battery performance

X-rays reveal another feature of high-temperature superconductivity

Microbiologists reveal unexpected properties of methane-producing microbe

Direvo completes lab scale development of low cost lactic acid production

Scripps Oceanography Researchers Engineer Breakthrough for Biofuel Production

Bomb blast near India nuclear plant kills six: police

World Bank says no money for nuclear power

Westinghouse Sees Promising Future for Nuclear Energy Development in Brazil

	Oil prices firm ahead of Iran nuclear talks Oil prices rose in Asia Wednesday after US President Barack Obama said he was not sure a deal could be reached this week on Iran's disputed nuclear programme. ... more		India, Vietnam agree on more South China Sea oil development India and Vietnam have agreed to expand oil exploration projects in the disputed South China Sea. ... more		Saudis launch major gas drilling in Red Sea Saudi Arabia is fast-tracking its first major offshore natural gas fields in the Red Sea, a high-priority project that's seen as the start of a massive new energy program, off the kingdom's west coast. ... more		Persian Gulf oil industry 'vulnerable to cyberattacks' Middle East oil and gas companies need to beef up their defenses against cyberattacks, security specialists say, with the Persian Gulf particularly vulnerable because of the high concentration of energy resources in the turbulent region. ... 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

Australian state extends moratorium on fracking		Botswana says no fracking in premier wildlife park		Scaling theory better predicts gas production in Barnett shale wells		Egypt Marches to a Saudi Drummer		Spain to appeal for damages over Prestige oil spill
Sectarian fury could threaten Iraq's push for record oil output		Turkey rejects further reduction of Iran oil imports		Turkey proposes to mediate Iraq energy dispute		Lure of Israel's gas may dampen Turkish ire		East Libya breakaway blocks bid to reopen oil ports

PetroChina to pay $2.6 bn for Peru oil and gas assets

Briton hurt in Iraq oilfield row over 'Shiite insult'

Report: Eni seeking $10B in gas price adjustments from Statoil

GE Aims To Accelerate Environmental Performance Of Alberta Oil Sands

Oil rises after Iran nuclear talks stall

Drilling for hydrocarbons can impact aquatic life

Greece encouraged by Ionian Sea hydrocarbon survey

Colorado vote against fracking to trigger more opposition?

Greenpeace activists scale Sagrada Familia in Russia protest

Shell 'manipulates Nigeria oil spills probes': Amnesty

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

Iraq oil pipeline bombed, pumping shut down

Israel drills disputed West Bank oilfield with 3.5B barrels

Gas injection probably triggered small earthquakes near Snyder, Texas

Shell to drill again off Alaska's Arctic coast

Petrobras mulls shedding energy assets in Peru

Silent protest for Briton held over Greenpeace ship

Ukraine minister: Naftogaz debt to Gazprom to be resolved Monday

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

Singapore to seek more LNG suppliers

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