Oil and Gas News

January 23, 2014

EU issues framework for shale gas exploitation
Brussels (AFP) Jan 22, 2014
The European Commission issued Wednesday recommendations to ensure that clear environmental safeguards are in place when the controversial technique of "fracking" is used to tap shale gas reserves. With a number of European countries looking to begin drilling for shale gas, the Commission said it was responding to calls for "minimum principles ... to address environmental and health concerns and give operators and investors the predictability they need," said Environment Commissioner Janez Potocnik. ... read more

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Iraq oil exports, revenues dip in 2013 Iraq's oil exports and revenues declined in 2013 compared to the previous year, official figures showed Wednesday, despite efforts to dramatically ramp up crude sales to fund much-needed reconstruction. ... more		Iran's oil minister to seek investment at Davos Iran's oil minister will hold a "face-to-face" meeting at Davos with major oil companies to try to coax them back to the sanctions-hit Islamic republic, media reported Wednesday. ... more		New EPA Rule Requires Chemical Disclosure for Offshore Fracking The U.S. Environmental Protection Agency published a rule on January 9, 2014 requiring oil and gas companies using hydraulic fracturing off the coast of California to disclose the chemicals they dis ... more
				Shell to further scale down Australian operations? Shell's Australian investments are in the spotlight after the company offloaded its holdings in a major gas project in Western Australia. ... more		Norway to build modern icebreaker for oil, gas exploration in Arctic by 2016 The Kronprins Haakon modern icebreaker for exploration of resources in the Arctic will be ready by 2016, Norway's Minister of Fishery Elisabeth Aspaker said at the opening of the Arctic Borders inte ... more

CubeSats, SmallSats and MicroSats

Oil prices drop on China data Oil prices fell on Monday as China's economic growth data fuelled concerns over energy demand in the world's second largest economy, traders said. ... more		Vietnam anti-China activists mark Paracels defeat Activists chanted anti-China slogans and laid flowers Sunday at a protest in Hanoi marking the 40th anniversary of the Chinese invasion of contested islands in the South China Sea. ... 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		Suez Canal, energy lifeline, seen vulnerable to jihadist attack Egypt's military has stepped up security along the Suez Canal, a vital oil shipping artery that's one of the world's most strategically important waterways, to protect it from attack amid a swelling jihadist insurgency in the Sinai Peninsula. ... more
				EU, Russia to discuss concerns over South Stream pipeline EU objections to Russia's agreements with countries hosting the South Stream gas pipeline were expected to be on the agenda during a Friday meeting in Moscow. ... more		Netherlands slashes gas production after quake protests The Dutch government said Friday it would slash gas production in Europe's biggest field by 20 percent over three years after protests by villagers who blame the extraction for causing earthquakes. ... more

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Iraq threatens Turk boycott, contract cuts in Kurd row Iraq threatened to boycott Turkish companies and cancel contracts with Turkish firms in an intensifying row over moves to export oil from its northern Kurdish region, in remarks released Saturday. ... more		Canadian foreign minister demands Keystone decision Canadian Foreign Minister John Baird called Thursday for the United States to finally decide, one way or another, whether it will permit the construction of the Keystone XL oil pipeline. ... 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		EU wants common rules for shale gas 'fracking' The European Commission wants EU member states to accept common environment and health rules if they use controversial 'fracking' to develop shale gas resources. ... more
				5,900 natural gas leaks discovered under Washington, D.C. than 5,893 leaks from aging natural gas pipelines have been found under the streets of Washington, D.C. by a research team from Duke University and Boston University. A dozen of the leaks could have ... more		Syrian energy deal puts Russia in gas-rich Med Syria's new 25-year energy deal with Russia, a key ally of embattled President Bashar Assad, could open the way for Moscow's eventual move into the gas-rich eastern Mediterranean - if the Damascus regime survives the civil war that's raged since March 2011. ... more

Europe's 2030 climate targets get mixed reception

EU could cut emissions by 40 percent at moderate cost

The German energy turnaround - implications for Russia

EU issues framework for shale gas exploitation

Oil prices drop on China data

Shell to further scale down Australian operations?

Boeing Joins BIOjet Team To Develop Biofuel Supply Chain In UAE

Renewable chemical ready for biofuels scale-up

UAE's Etihad demonstrates flight with biofuel mix

Westinghouse To Build Three AP1000 Nuclear Reactors In UK With Nugen

Japan's Tepco to restart nuclear reactors?

India and South Korea to cooperate on nuclear power?

	Iraq: Maliki threatens Kurds if they export oil to Turkey As if Prime Minister Nouri al-Maliki didn't have enough problems battling city-grabbing al-Qaida insurgents in western Iraq, his simmering faceoff with independence-minded Kurds in the north over their drive to export oil to neighboring Turkey looks like it's about to boil over as well. ... more		Polish auditors slam government for slow pace of shale gas development Poland's national auditing agency this week criticized the slow place of developing the country's shale gas industry, blaming government inefficiency. ... 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		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

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

Violence Threatens to Thwart Iraqi Oil Resurgence		Japan, Ethiopia urge peace in South Sudan		Oil prices drop after interim Iran nuclear deal		Tax breaks for fracking firms as UK goes 'all out for shale'		Iraq summons Turkish diplomat over Kurd oil sale
Oil market slides on Iran news		Sinopec to pay compensation over pipeline blast		US court upholds BP settlement for Gulf oil spill		Lebanon's prospects of gas bonanza slip further away		Probe 'blames Sinopec, city for deadly China pipeline blast'

Libyan oil crisis swells as militias refuse to end shutdown

Exxon Mobil launches Singapore petrochemical processing

Shell New Zealand to drill in Great South Basin

Abe to offer help in Africa tour as Ethiopia hopes for trade

India urges Asian unity for fair LNG pricing

Canada PM predicts Keystone pipeline 'will proceed'

Beached Morocco oil tanker to be 'unloaded by Monday'

China weighs in as S.Sudan peace talks open

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

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