Oil and Gas News

April 15, 2014

Iran ready to help Europe with natural gas
Tehran (UPI) Apr 15, 2013
The European community could look to Iran as a reliable partner as it struggles to add a layer of security to its energy sector, Iran's trade minister said. Trade Minister Mohammad Reza Nematzadeh said Monday that "Iran should be considered a reliable partner for natural gas supplies to Europe." Iran has the second largest deposits of natural gas in the world, though the sector is undeveloped because of a lack of foreign investments. Iran once touted its reserves as a viable sourc ... read more

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GDF Suez optimizes LNG deliveries French energy company GDF Suez said Tuesday it optimized its shipping capacities of liquefied natural gas by splitting deliveries between two charters. ... more		Shale oil, gas production to increase, says Oil production and natural gas production from the six prominent shale basins in the United States should increase in May, a U.S. drilling report said. ... more		Oil drilling possible 'trigger' for deadly Italy quakes Italy's Emilia-Romagna region on Tuesday suspended new drilling as it published a report that warned that hydrocarbon exploitation may have acted as a "trigger" in twin earthquakes that killed 26 people in 2012. ... more
				Alaska welcomes LNG export approval U.S. Sen. Lisa Murkowski, R-Alaska, welcomed an Energy Department decision to approve exports from a liquefied natural gas plant near Kenai, Alaska. ... more		Canadian oil sector may lean on rail Oil producers in Canada will look to rail to carry reserves to U.S. refiners and Asian markets, the director of the Canadian Energy Research Institute said. ... more

CubeSats, SmallSats and MicroSats

RWE reverses gas flow from Poland to Ukraine German energy company RWE said Tuesday it reversed the flow of natural gas from Poland to supply a Ukrainian market under the Kremlin's influence. ... more		Lukoil sells stake in Kazakh development to Sinopec Russian oil company Lukoil said Tuesday it sold its 50 percent stake in Kazakh projects to China Petroleum & Chemical Corp for $1.2 billion. ... 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		Angola invites bidders to onshore oil fields Angola's state-owned energy company Sonangol said it would start the tender process for 10 new terrestrial blocks at the end of May. ... more
				TAP pipeline seeks construction, pipe bids The consortium managing the planned Trans-Adriatic Pipeline for Europe said Tuesday it is looking for pipe and engineering contracts for the project. ... more		Ukraine has gas in storage for Europe, minister says Ukraine likely has enough gas stored in underground facilities to keep European demand satiated for three months, Ukraine's energy minister said Monday. ... more

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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		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		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		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
				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		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

Gazprom Neft helps Iraqi electricity capacity

Energy change is key to meeting UN climate goal: panel

IMF, World Bank push for price on carbon

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

Kuwait signs $12 bn oil contracts, tenders others

GDF Suez optimizes LNG deliveries

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

Trees go high-tech: process turns cellulose into energy storage devices

US Navy 'game-changer': converting seawater into fuel

Iran needs 30,000 new centrifuges for fuel: official

Areva says in line to build British nuclear waste plant

Westinghouse extends nuclear fuel deal with Ukraine

	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		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		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		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

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

BP to maintain footing in Gulf of Mexico		GDF Suez lauds North Sea oil, gas gains		UK defends Falklands exercises after Argentine protest		Crude oil dips on Libyan prospects, weak China data		OPEC gives poor marks for Kazakhstan's Kashagan field
Chevron solidifies deal for Argentinian shale		U.S. LNG exports a win-win, backers says		Russia says South Stream gas pipeline would help EU		IMF sees modest growth from MENA oil states		Bulgaria target of coal seam gas exploration

Statoil said CO2 levels up at Alberta site

The Most Profitable Gas in the World

Kiev: Russia putting European energy sector at risk

Shell remains committed to Alaskan arctic

TAP pipeline gets nod for Albanian construction

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

British economy still tied to oil

Statoil brings giant Gudrun field online

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

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

Baker Hughes: U.S. rig count increasing

Western powers hail Libyan oil deal

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

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