Oil and Gas News

March 07, 2014

New Spy Technology to Spawn Oil Revolution
Washington DC (SPX) Mar 06, 2014
The future of oil exploration lies in new technology--from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs. Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at "peak oil" concerns. Hydraulic fracturing has caught mainstream attention, other high-tech developments in exploration and discovery have kept this ball rolling. Oil majors are second only to the US D ... read more

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Environmentalists warn of Spain oil-drilling Campaigners warned Thursday of environmental threats from new oil-prospecting projects off Spain's Balearic and Canary Islands, two major tourist destinations. ... more		Iceland environmentalists protest as China joins Arctic oil race An Icelandic environmental group poured cold water over the Arctic nation's dreams of becoming an oil-producer Wednesday, following the approval of a Chinese-led exploration bid off the country's north coast. ... more		Chevron wins US case against $9.5 bn Ecuador fine A US judge Tuesday upheld Chevron's allegations that an Ecuadoran court decision ordering it to pay $9.5 billion for oil pollution in the Amazon jungle was fraudulently obtained. ... more
				How Junior Companies Survive in the Exploration Wild by James Stafford of Oilprice.com Only the fittest can survive in today's market for junior oil and gas companies, which must demonstrate a great deal of ingenuity in the balancing of risk and rewa ... more		Nanotracer tester tells about wells A tabletop device invented at Rice University can tell how efficiently a nanoparticle would travel through a well and may provide a wealth of information for oil and gas producers. The device ... more

CubeSats, SmallSats and MicroSats

Swelling oil fund makes every Norwegian a millionaire A bumper 2013 for Norway's sovereign wealth fund, which invests surplus oil revenue, has made every Norwegian a virtual millionaire in kroner. ... more		Iraq oil exports hit 25-year high in February: minister Iraq exported 2.8 million barrels of oil per day in February, a top minister said Saturday, a sharp month-on-month gain and the highest such figure in at least a quarter-century. ... more		NASA ISRO radar satellite beams first Earth images from space Morocco High Atlas whistle language strives for survival China warns Papua New Guinea over Australian defence deal		Seismic testing for Atlantic oil and gas? The Obama administration has unveiled an environmental analysis that could pave the way for seismic testing for oil and gas in the Atlantic. ... more
				ExxonMobil chief, neighbors sue over fracking concerns ExxonMobil chief executive Rex Tillerson has been a zealous advocate of the US shale boom and the controversial use of "fracking," but not when it hits too close to home. ... more		Iraq: 'This is war,' say Kurds in oil fight with Baghdad Prime Minister Nouri al-Maliki's dispute with Iraq's Kurdish minority over its independent oil exports has escalated with the central government blocking Kurdistan's share of the state budget and banning two airlines that operate between Europe and the Kurds' semiautonomous northern enclave. ... more

Developing the Next-Generation Military Radar while Maintaining Current Systems; IDGA�s Military Radar Summit - April 2014

International Conference on Protection of Materials and Structures From Space Environment

Nuclear Supply Chain Summit - April 28-29 Greenville SC

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Australia's LNG exports face competition from U.S. The United States is emerging as a major competitor to Australia's gas export market, says a former U.S. Department of Energy official. ... more		Boundless Natural Gas, Boundless Opportunities The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is e ... more		Collision of equal sized bodies may explain Mercurys unique composition Gravitino emerges as contender in dark matter search Molecular 'fossils' offer microscopic clues to the origins of life - but they take care to interpret		'Greener' aerogel technology holds potential for oil and chemical clean-up Cleaning up oil spills and metal contaminates in a low-impact, sustainable and inexpensive manner remains a challenge for companies and governments globally. But a group of researchers at the Univer ... more
				Kerry stays mum on Keystone pipeline deliberations US Secretary of State John Kerry Wednesday refused to give away any hint on whether he will approve a controversial Canada to US oil pipeline, saying he was intensely studying the plan. ... more		New trouble sends Libya's oil production nosediving again Libya's oil production has tumbled to about 230,000 barrels per day after armed groups shut down the el-Sharara oil field in the Murzuq desert in the southwest, adding to a crippling seven-month oil crisis centered in the rebellious east. ... more

Dubai donors pledge $11 mn for UN-led 'green' economy push

Geothermal offers cost-effective alternative to volatile fuel prices and propane shortages

US moves ahead on massive Africa power bid

Peat soils as gigantic batteries

York physicists pave the way for more energy efficient technology

Battery-free technology brings gesture recognition to all devices

Boeing, South African Airways Explore Ways for Farmers to Grow More Sustainable Biofuel Crops

Entomologists update definitions to tackle resistance to biotech crops and pesticides

Plants convert energy at lightning speed

The Power of High Efficiency Clean Energy, the Nuclear Solution

Ukraine tightening nuclear security

Fire hits Japan nuke plant, no radiation leaks: operator

	Nigeria's president ditches bank chief who triggered $50B oil scandal An explosive scandal over oil revenues in Nigeria has gone toxic, with President Goodluck Jonathan suspending the Central Bank governor who blew the whistle on $50 billion allegedly missing from state coffers, and accusing him of "financial recklessness." ... more		Shell sells Aussie refinery, gas stations Shell has agreed to sell its downstream business in Australia - including the Geelong refinery and its 870 gas stations - to Vitol, the world's largest independent energy trader. ... more		US judge blocks Keystone pipeline route in Nebraska The controversial Keystone XL pipeline met with another hurdle Wednesday when a Nebraska judge ruled that a state law granting approval to a proposed route was unconstitutional, court records showed. ... more		Israel has $500M gas deal with Jordan, but wider exports still unclear Israel has signed its first gas export deal, selling gas worth $500 million to Arab peace partner Jordan, but debate is still unresolved on whether the Jewish state will export the bulk of its gas via undersea pipeline or by tanker as liquefied natural gas. ... more

EU states to hold talks on 'drone wall' to protect bloc

Denmark military intel fails to identify source of drone flights

Lithuania eases rules on shooting down drones

Study on Methane Emissions from Natural Gas Systems Indicates New Priorities		Iraq oil exports down in January: ministry		Nigeria: State oil company to be probed over '$20B subsidy racket'		America's natural gas system is leaky and in need of a fix		Iran battles pollution with 'clean petrol': reports
Euro Parliament panel exempts shale gas from beefed-up rules		Quebec plans oil exploration program		Methane leaks far higher than US estimates: study		Minister claims Lebanon faces 'conspiracy' over gas fields		Quebec opens up untamed Anticosti to oil exploration

The Golden Age of Gas, Possibly: Interview with the IEA

Shale not a miracle solution for Europe: think tank

Iraqi pipeline attacks raise fears of threat to oil

New Delhi orders probe on gas pricing

Iran drawing up new contracts to attract oil majors

Kuwait awards $12 bn clean fuel project

Drought threatens US fracking industry: study

Tensions rise as Iraqi Kurds' oil flows to Turkey

Iraqi Government Threatens Action Against Kurds as Oil Exports Set to Begin

South Africa to move ahead with shale gas exploration

US to advise Iraq on securing oil infrastructure

Libya rebels say oil crisis can be resolved, but no end in sight

Oil sands pollution two to three times higher than thought

Obama to visit Saudi Arabia in March: White House

Sinopec 'cooperating' in Hong Kong bribery probe

Oil drops after tepid US, Chinese manufacturing data

Libya army has orders to end oil port blockades: PM

Iraq criticises Kurds over oil 'grey area'

Study finds Mexico's energy reforms represent 'abundant opportunities'

French trade delegation in Iran to boost business ties

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