24/7 Oil and Gas News Coverage
April 14, 2014
ENERGY TECH
Ukraine has gas in storage for Europe, minister says
Kiev, Ukraine (UPI) Apr 14, 2013
Ukraine likely has enough gas stored in underground facilities to keep European demand satiated for three months, Ukraine's energy minister said Monday. European consumers get about a quarter of their natural gas needs met by Russia, though the bulk of those supplies run through the Soviet-era transit network in Ukraine. Russian President Vladimir Putin last week warned European leaders that gas through Ukraine may be cut unless Kiev settles its outstanding debt to Russian gas company Ga ... read more
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ENERGY TECH

Russia, China try to finish gas talks before Putin's visit: deputy PM
Moscow and Beijing plan to wrap up a decade of talks on supplies of Russian natural gas before President Vladimir Putin's expected to travel to China next month, a deputy prime minister said on Monday. ... more
ENERGY TECH

Senate leaders call to review oil export ban
With proven U.S. crude oil reserves increasing, Senate leaders said it was time to lift a 1970s era ban restricting crude oil exports. ... more
ENERGY TECH

EIA: Railroads expected to take on more LNG
With crude oil prices averaging higher than natural gas, the U.S. Energy Department said Monday it expects freight locomotives to start switching fuel sources. ... more
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ENERGY TECH

Total to sink $16 billion in Angolan oil
French energy company Total said Monday it made a final investment decision to develop the deep water Kaombo project off the coast of Angola. ... more


ENERGY TECH

Baker Hughes sees drilling efficiency increase
Drilling efficiency overall in the United States is 3 percent better than it was at this time last year, oil services company Baker Hughes said Friday. ... more
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ENERGY TECH

Romanian villagers take on Chevron over shale gas
US energy major Chevron, shielded by barbed wire, under police protection and under fire from egg throwers, is in trouble in Romania with villagers angry at its drive to drill for shale gas. ... more
ENERGY TECH

Texas holds No. 1 oil spot, EIA saysw
Texas recorded the largest increase in proven oil reserves of any state, eclipsing North Dakota by nearly 2 billion barrels, the U.S. Energy Department said. ... more
24/7 News Coverage
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ENERGY TECH

Kuwait signs $12 bn oil contracts, tenders others
The Kuwait National Petroleum Company on Sunday signed contracts worth $12 billion (nine billion euros) with three international consortia to upgrade two refineries and invited bids to build a new multi-billion-dollar refinery. ... more
ENERGY TECH

Kiev mulls next steps on Russian gas debt
The Ukrainian government said Friday it was preparing documents to have its gas contracts with Russian energy company Gazprom revisited. ... more
ENERGY TECH

BP to maintain footing in Gulf of Mexico
Despite the fourth anniversary of the Deepwater Horizon incident approaching, BP says it's committed to playing a major role in Gulf of Mexico operations. ... more
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ENERGY TECH

UK defends Falklands exercises after Argentine protest
The Foreign Office on Saturday brushed off condemnation by Argentina of British military exercises in the Falkland Islands, saying they were "routine". ... more
ENERGY TECH

Chevron solidifies deal for Argentinian shale
The Vaca Muerta shale reserve area in Argentina could become one of the strongest contributors to Chevron's production growth, its vice chairman said. ... more
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ENERGY TECH

U.S. LNG exports a win-win, backers says
A move to clear the backlog of permits for U.S LNG exports will protect its allies and stimulate the economy, the American Petroleum Institute said. ... more
ENERGY TECH

Russia says South Stream gas pipeline would help EU
The planned South Stream natural gas pipeline for Europe is more important than ever given ongoing crises in Ukraine, the Russian envoy to the EU said. ... more
ENERGY TECH

GDF Suez lauds North Sea oil, gas gains
Developments in the British and Dutch waters of the North Sea are essential for production gains for GDF Suez, its executive vice president said. ... more
ENERGY TECH
Gazprom Neft helps Iraqi electricity capacity

Energy change is key to meeting UN climate goal: panel

IMF, World Bank push for price on carbon


ENERGY TECH
U.S. awards $3 million for fuel cell research

Kuwait signs $12 bn oil contracts, tenders others

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ENERGY TECH
Stanford scientists discover a novel way to make ethanol without corn or other plants

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ENERGY TECH
Iran needs 30,000 new centrifuges for fuel: official

Czech energy firm scraps nuclear plant expansion

Westinghouse extends nuclear fuel deal with Ukraine

ENERGY TECH

Crude oil dips on Libyan prospects, weak China data
Oil prices dipped Thursday, weighed down by signs some Libyan crude exports will resume soon and weak trade data in China, the world's second-biggest oil consumer. ... more
ENERGY TECH

OPEC gives poor marks for Kazakhstan's Kashagan field
While oil supply from Kazakhstan has increased, its giant Kashagan oil field has "sucked in" major capital with little to show for it, OPEC said Thursday. ... more
ENERGY TECH

IMF sees modest growth from MENA oil states
The International Monetary Fund said Wednesday it expects tepid economic growth from oil-producing nations in the Middle East and North African regions. ... more
ENERGY TECH

Bulgaria target of coal seam gas exploration
Park Place Energy Corp., with headquarters in Texas, announced it signed a license agreement to explore coal as a source for natural gas in Bulgaria. ... more
Military Space News, Nuclear Weapons, Missile Defense
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
ENERGY TECH

Statoil said CO2 levels up at Alberta site

ENERGY TECH

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ENERGY TECH

Kiev: Russia putting European energy sector at risk

ENERGY TECH

Shell remains committed to Alaskan arctic

ENERGY TECH

TAP pipeline gets nod for Albanian construction

ENERGY TECH

NWF oil spill report 'cherry picks' data, BP says

ENERGY TECH

British economy still tied to oil

ENERGY TECH

Statoil brings giant Gudrun field online

ENERGY TECH

U.S. shale to curb imports for decades, EIA says

ENERGY TECH

U.S. says energy diversity equals energy security

Japan starts first oil fracking program

Iran bullish about oil potential

Oil delivered from Iraq's Majnoon field

Australia could emerge as shale powerhouse

Western powers hail Libyan oil deal

Baker Hughes: U.S. rig count increasing

Wildlife still suffers four years after BP oil spill

Maersk Drilling sees need for new rig fleets

Kashagan oil field hits restart delays

North Sea coal seams eyed for natural gas

Libyan oil terminals reopen after rebel deal

Iran and Russia working on oil-for-goods deal

Kiev standing up to Russia's Gazprom

Norway wants to turn its huge oil fund greener

Oil-drilling plans face stiff resistance in Spain's Ibiza

Canada's Sonoro Energy eyes Iraqi oil sands

Siemens tasked with control system for South Stream

Oil imports from top three suppliers up for U.S.

OMV enters acreage offshore Namibia

Repsol starts gas production from Peru

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