Oil and Gas News

January 30, 2014

Putin: Russia won't rescind loans, gas price cuts for Ukraine
Brussels (UPI) Jan 30, 2013
Moscow won't rescind the loans and gas price cuts it signed with Ukraine despite its change in government, Russian President Vladimir Putin said this week. Putin, speaking at a press conference Tuesday following an abbreviated Russia-European Union summit in Brussels, reiterated Moscow's intention to follow through with the $15 billion loan and 30 percent cut in natural gas prices negotiated last month with embattled Ukrainian President Viktor Yanukovych. Yanukovych earlier in the day ac ... read more

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Iraq, Iran plot to challenge Saudi domination of OPEC Hussein Shahristani, Iraq's energy chief, says Baghdad is working with Iran to boost oil exports, a move by these two Shiite-majority powers that could lead to a major challenge of Sunni Saudi Arabia and its domination of the Organization of Petroleum Exporting Countries. ... more		Czech Republic's MND plans move into gas distribution market Czech oil and gas producer MND announced this week it is planning to enter the domestic natural gas supply market with a goal of signing up 200,000 households. ... more		Norwegian oil worker unions pull out of offshore platform safety group Unions representing Norwegian offshore oil rig workers have pulled out of an industry-sponsored group amid harsh criticism of cutbacks in safety training. ... more
				Kurds' oil deal with Turkey 'endangers Iraq's budget' The feud between Iraq's central government and the minority Kurds' semiautonomous enclave over oil is reaching critical mass, the head of parliament's treasury committee says. ... more		Arctic ruling a setback for Shell? A court decision regarding offshore oil and gas leases off the coast of Alaska could hinder oil giant Shell's plans to drill in the Chukchi Sea. ... more

CubeSats, SmallSats and MicroSats

South Sudan agrees truce, but crisis not over yet South Sudan's government and rebels have signed a ceasefire, but analysts warn that bringing battling gunmen on the ground under control and making the truce stick is far from guaranteed. ... more		Australia on course for a shale boom? Australia is slated to be the next big energy market for shale, experts say. ... 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		US leg of controversial Canadian oil pipeline opens Oil started to flow on Wednesday through the southern US leg of the controversial Keystone XL pipeline, its Canadian operator said, while Washington mulls whether on not to approve its northern half. ... more
				Abbas 'seeks $1B deal with Russia on Gaza natural gas field Palestinian Authority President Mahmoud Abbas is in Moscow on a four-day visit seeking to secure a $1 billion deal with Russia to develop a natural gas field off the Gaza Strip, ... more		EU issues framework for shale gas exploitation 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. ... more

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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

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		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		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
				Ukraine sets back Gazprom profits by 10.5% Russia's natural gas giant Gazprom reported on Thursday a 10.5-percent plunge in third-quarter profits but gains over the first nine months of 2013 thanks booming European sales. ... 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

Suburban sprawl accounts for 50 percent of US household carbon footprint

Renewables Provide 37 Percent Of New US Generating Capacity in 2013

Westinghouse Welcomes EC 2030 Framework for Climate and Energy

Island channel could power about half of Scotland

Atomic-Scale Catalysts May Produce Cheap Hydrogen

Pilot project in restaurant delivers on promise of energy savings

Put a plastic bag in your tank

Engineers teach old chemical new tricks to make cleaner fuels, fertilizers

Boeing And UAE To Look at Biofuels From Desert Plants

Seoul gives green light to two nuclear reactors

Tokyo governor race kicks off with focus on nuclear power

Japan researchers use cosmic rays to see nuclear fuel

	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		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		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		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

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

5,900 natural gas leaks discovered under Washington, D.C.		Syrian energy deal puts Russia in gas-rich Med		Suez Canal, energy lifeline, seen vulnerable to jihadist attack		EU, Russia to discuss concerns over South Stream pipeline		Netherlands slashes gas production after quake protests
Iraq threatens Turk boycott, contract cuts in Kurd row		Canadian foreign minister demands Keystone decision		Iraq: Maliki threatens Kurds if they export oil to Turkey		Polish auditors slam government for slow pace of shale gas development		Acid mine drainage reduces radioactivity in fracking waste

Oil price gains capped by prospect of Iran supplies

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

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