Oil and Gas News

December 13, 2013

Persian Gulf states seek joint military command -- again
Kuwait City (UPI) Dec 12, 2013
On the face of it, the decision by the Arab monarchies of the Persian Gulf to establish a joint military command indicates the six member states of the Gulf Cooperation Council are seeking to bolster their collective security against Iran amid signs of a rapprochement between their regional rival and the U.S.-led Western powers. The leaders of those states - Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain - announced the move at the end of their annual summit in Kuwa ... read more

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Nigeria's leader under fire over missing $50B in oil money President Goodluck Jonathan is under growing pressure from top-level corruption in Nigeria's oil industry, with the central bank asking what happened to $50 billion in missing oil revenues and his political mentor, former president Gen. Olusegun Obasanjo complaining about massive fraud in the industry. ... more		Another cost blowout for Chevron's Gorgon LNG in Australia Oil and gas giant Chevron Corporation has revealed the cost of its massive Gorgon liquefied natural gas project on Western Australia's Barrow Island has increased to $54 billion. ... more		Putin orders military to boost Arctic presence President Vladimir Putin ordered Russia's military on Tuesday to step up its presence in the Arctic after Canada signalled it planned to claim the North Pole and surrounding waters. ... more
				Canada to claim North Pole: minister Canada signalled intentions to claim the North Pole and surrounding Arctic waters while announcing Monday the filing of a UN application seeking to vastly expand its Atlantic sea boundary. ... more		Showdown on Iraqi Kurds' oil, gas is looming The thorny dispute over Iraqi Kurdistan's oil riches is likely to heat up in the weeks ahead, aggravating tensions in a flashpoint region at a time when al-Qaida bombers are wreaking havoc across the country spurred by the civil war raging in next-door Syria. ... more

India to offer BHP Billiton incentives to keep oil and gas blocks? India is trying to convince mining giant BHP Billiton Ltd. to stay invested in the country, and may offer a partnership with state-owned Oil and Natural Gas Corp. as an incentive, an oil ministry official said. ... more		Pentagon chief affirms Qatar, US defence ties Pentagon chief Chuck Hagel reaffirmed US military ties with Qatar on Tuesday, during a regional tour aimed at shoring up Gulf alliances amid disagreements over policy on Iran and Syria. ... 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		Colombian oil pipeline changes hands in part acquisition Colombia's largest crude oil transportation system is going through an ownership change after global investor Advent International led a partial buyout in a deal signalling growing interest in the Latin American country's energy prospects. ... more
				Oil explorer eyes Spain's pristine Canary Islands Luring millions of tourists a year with its crystal-clear waters, warm winters and precious wildlife, Spain's Canary Islands may hold another treasure - oil - that is attracting a less welcome visitor. ... more		With US ties frayed, Saudi calls for Gulf union With its decades-old US alliance strained over the Syria war and a nuclear deal with Iran, Saudi Arabia is calling on the Gulf monarchies to unite for their own self-defence. ... more

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Chevron resumes shale work in Romania despite protest Chevron said Sunday it has restarted work on its first shale gas exploration well in Romania, a day after protests forced the US energy giant to suspend the operation. ... more		US to maintain 35,000 troops in Gulf region: Hagel The United States is committed to maintaining a 35,000-strong force in the Gulf region regardless of a nuclear deal with Iran, Pentagon chief Chuck Hagel said Saturday in Bahrain. ... 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		Chevron resumes shale work in Romania despite protests Chevron on Sunday said it has resumed activities to build its first shale gas exploration well in Romania, a day after protests forced the US energy giant to suspend work. ... more
				Amid growing violence, Lebanon presses on with Med gas auction As Lebanon stands on the brink of a new spasm of sectarian bloodletting, Energy Minister Gebran Bassil says he plans to go ahead with moves to launch exploration of offshore gas fields in the eastern Mediterranean on Jan. 10. ... more		Shell scraps Gulf Coast gas-to-liquids project Shell is scrapping its proposed massive gas-to-liquids project on the U.S. Gulf Coast, the company said. ... more

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French Alstom sues Chinese firm in Bulgaria over patent

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Ground broken on $6 million Hungarian farm biogas plant

Team reports on US trials of bioenergy grasses

Companies could make the switch to wood power

US takes last shipment of Russian uranium

S. Korea scales back nuclear expansion plans

US Risks Losing Critical Clean Electricity if Nuclear Power Plants Keep Closing at Steady Pace

	Iran deal could spell trouble for OPEC, Mideast Iran's expected return to full oil production after several years of U.S.-led sanctions over its nuclear program will sharpen its feud with its longtime rival, Saudi Arabia, which will have to cope with Iraq's mounting output as well, while the United States moves toward self-sufficiency. ... more		Tracking fracking pollution As a result of the fracking revolution, North America has overtaken Saudi Arabia as the world's largest producer of oil and gas. This, despite endless protests from environmentalists. But does drill ... more		Virtual Wall Could Stop Spread Of Oil Spills The outer shell of a droplet of oil on a surface has a thin skin which allows it to hold its shape like a small dome; this shell is referred to as the liquid's surface tension. Now, researcher ... more		Mexico eyes Argentina oil deal, Pemex expansion Mexico is hoping a reconciliation between Argentina and Spanish oil major Repsol will lead to a Mexican entry in Argentina's lucrative energy sector and improve chances of its own development, analysts said. ... 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

Iraq says 'optimistic' over Kurd oil deal		EU, Gazprom to seek settlement in antitrust probe		Turkey moots three-party talks over Iraq-Kurd oil row		Romania villagers brave police and cold in fracking fight		Actor Bardem's mother protests Canaries oil-drilling
Iran will 'immediately' export more oil once sanctions lifted		India assures 'stable' environment to energy investors		Singapore ready to be LNG trading hub		Greenpeace activists held after crashing energy conference		Environment group sues China oil giant for nearly $10 mn

Romania riot police clear shale gas protesters

Oil prices edge higher after upbeat Chinese data

China, India cut back Iranian crude, duck US sanctions

Iraq oil exports rise for third month: ministry

Iraq bans Turkey planes ahead of Kurd oil conference

Exxon sells Iraq oil stake to PetroChina: ministry

Chevron alleges Ecuador fraud in oil pollution case

Sinopec suspends executives over China pipeline blast: Xinhua

Minister says Poland to produce shale gas next year

Argentina, Repsol said nearing compensation compromise

Iraqi Kurdish oil exports to Turkey may start next month

Chevron alleges Ecuador fraud in oil pollution case

JPL to Assist in Oil and Gas Tech Development

Iran deal 'will lead to surge of oil to Asia'

Arab gulf states build up strike capabilities as U.S. relaxes rules

China oil pipeline explosion toll rises to 52

18,000 evacuated after pipeline explosion in China: govt

Turkey could increase oil imports from Iran

EU: Deal nearly done for reverse gas flows from Slovakia to Ukraine

Ben Gurion Researchers Develop New Type of Crude Oil Using Carbon Dioxide and Hydrogen

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