Oil and Gas News

January 15, 2014

Polish auditors slam government for slow pace of shale gas development
Warsaw, Poland (UPI) Jan 15, 2013
Poland's national auditing agency this week criticized the slow place of developing the country's shale gas industry, blaming government inefficiency. The Supreme Audit Office, or NIK, Monday issued a report warning that high hopes for establishing shale gas as a viable Polish industry by 2015 are being imperiled by "irregularities" in awarding concessions and the painfully slow establishment of a law governing the sector, Polish Radio reported. In the meantime, several foreign energy fi ... read more

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Oil price gains capped by prospect of Iran supplies Global oil prices rose on Tuesday, but gains were capped by the prospect of a return of Iranian supplies, with a deal to curb Tehran's nuclear programme taking effect next week. ... more		Acid mine drainage reduces radioactivity in fracking waste Much of the naturally occurring radioactivity in fracking wastewater might be removed by blending it with another wastewater from acid mine drainage, according to a Duke University-led study. ... more		Japan, Ethiopia urge peace in South Sudan The leaders of Japan and Ethiopia on Monday urged South Sudan's warring parties to sign a ceasefire to end weeks of fighting that has left thousands dead. ... more
				Oil prices drop after interim Iran nuclear deal Oil prices fell Monday amid oversupply worries after the West clinched a deal with Iran that will see Tehran scale back its disputed nuclear program in exchange for sanctions relief. ... more		Tax breaks for fracking firms as UK goes 'all out for shale' British Prime Minister David Cameron on Monday promised tax breaks worth millions of pounds to local councils who encourage shale gas development, declaring the country was going "all out for shale". ... more

Iraq summons Turkish diplomat over Kurd oil sale Baghdad summoned Turkey's charge d'affaires Sunday over moves by Iraq's Kurdish region to sell oil independently via one of Ankara's ports, saying the move was a violation of its constitution. ... more		Oil market slides on Iran news Global oil prices fell on Monday following news that a landmark deal to curb parts of Iran's disputed nuclear programme in exchange for sanctions relief will take effect from January 20. ... more		Simulations of Exoplanet Formation May Help Inform Search for Extraterrestrial Life Ancient hot springs reveal how microbes thrived before Earth gained oxygen Framework proposed to study planetary scale impact of life		Sinopec to pay compensation over pipeline blast Chinese state-owned oil giant Sinopec will pay compensation over a November pipeline explosion at its facility in the city of Qingdao that killed dozens of people and caused losses of more than $100 million, it said. ... more
				US court upholds BP settlement for Gulf oil spill A US federal appeals court upheld Friday a multibillion-dollar settlement between BP and the coastal residents and businesses hit by the company's massive Gulf of Mexico oil spill in 2010. ... more		Lebanon's prospects of gas bonanza slip further away With Lebanon's long-awaited auction for exploration licenses in the gas-rich eastern Mediterranean postponed because there's no functioning government, time may be running out for the tiny country to grasp what's likely to be its last chance for economic salvation as it slips once more toward sectarian savagery. ... more

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Probe 'blames Sinopec, city for deadly China pipeline blast' An official inquiry blames China's state-owned oil giant Sinopec and local authorities in the city of Qingdao for a November pipeline explosion that killed 62 people, state media reported Thursday. ... more		Libyan oil crisis swells as militias refuse to end shutdown Libya's battered oil industry crisis appears to be escalating again, with armed separatist militants who have shut down vital facilities in the east since July now seeking to sell oil from rebel-controlled terminals, while the navy drove off with shellfire a Maltese-flagged tanker that tried to illegally load at one of the blockaded ports. ... more		Northrop Grumman Hypersonic Navigation System Exceeds Rocket Test Milestones Teledyne Labtech and Bangor University advance Welsh space cooling technology NASA seeks student solutions for lunar lander life support technologies		Exxon Mobil launches Singapore petrochemical processing Exxon Mobil has inaugurated a petrochemical processing facility in Singapore on the island of Jurong. ... more
				Shell New Zealand to drill in Great South Basin Shell New Zealand says it will drill an exploration well in the Great South Basin. ... more		Abe to offer help in Africa tour as Ethiopia hopes for trade Japanese Prime Minister Shinzo Abe will offer humanitarian aid to Africa when he visits this week, the government said Wednesday, as his Ethiopian opposite number expressed a wish for more trade with Tokyo. ... more

US power plant emissions down

Obama sets up quadrennial review of U.S. energy strategy

Li's Power Assets to spin off HK unit

Fusion instabilities lessened by unexpected effect

Organic mega flow battery promises breakthrough for renewable energy

Violence Threatens to Thwart Iraqi Oil Resurgence

NREL Finds a New Cellulose Digestion Mechanism by a Fast-eating Enzyme

More to biofuel production than yield

Inexpensive technique could drive down costs of biofuel production

TEPCO to siphon off radioactive water from tunnels under Fukushima plant

Japan's Toshiba to buy 60% stake in British nuclear firm

Hungary awards $14-billion nuclear project to Russia

	India urges Asian unity for fair LNG pricing Indian Prime Minister Manmohan Singh urged Asian buyers of imported liquefied natural gas to unite to demand fair pricing. ... more		Canada PM predicts Keystone pipeline 'will proceed' Canadian Prime Minister Stephen Harper predicted Monday that the United States will approve construction of the last leg of the controversial Keystone XL pipeline from Canada. ... more		Beached Morocco oil tanker to be 'unloaded by Monday' A Moroccan tanker carrying 5,000 tonnes of fuel that ran aground during a storm last month will have been pumped dry by Monday without any lasting environmental damage, the environment minister said. ... more		China weighs in as S.Sudan peace talks open Peace talks between South Sudan's government and rebels started in Ethiopia on Monday, as key power China added its weight to efforts to end weeks of fighting in the world's youngest nation. ... more

India signs $7 bn deal for 97 domestically made fighter jets

France doubles down on threat to build future fighter jet alone

US approves $1.2 bn missile sale to Germany

Sudan, South mull joint oil protection force: minister		4 dead as Yemen army confronts tribe over hit pipeline		Iraq oil pipeline bombed, pumping halted		Russia drops cases against Greenpeace activists		Army commander in South Sudan oil-state 'joins rebels': army spokesman
Fighting rages in S.Sudan oil regions, 'progress' for peace mission		Two Libya army officers killed in Benghazi		Arab monarchies eye stronger ties with China		'Thousands' killed as South Sudan slides toward civil war		Greece won't cut heating oil tax despite smog: minister

Correa slams report on CIA role in Ecuador strike

US judge rejects BP bid for extra proof in oil spill claims

US forces ready for possible new S.Sudan evacuations

Lifeline oil fields under rebel threat in South Sudan

UTSA Institute for Economic Development researches oil, gas economic impact

Iraqi Kurds pump oil to Turkey amid fears of new clash

Study links BP oil spill to dolphin disease

S.Africa suspends offshore oil, gas exploration

Cameron vows to defend Falklands after 'momentous' year

Russia starts pumping oil at Arctic rig raided by Greenpeace

Venezuela to raise domestic gas prices?

Canada oil pipeline to Pacific clears major hurdle

Intelligence chief killed in Libya's Benghazi

Cyprus likely partner as Israel mulls gas exports, but Turkey beckons

China state oil firm evacuating workers in South Sudan

Libya oil deadlock causes jitters in global energy market

BP engineer guilty of obstructing oil spill investigation

Israeli navy to get 2 German frigates to shield natural gas fields

China natural gas represents 'golden opportunities'

British PM urges EU to cut shale gas red tape

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