Oil and Gas News

May 29, 2014

Exxon, BP Defy White House; Extend Partnership with Russia
Washington DC (SPX) May 29, 2014
Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP separately signed agreements with Rosneft - Russia's state-owned oil company - to extend and deepen their relationships for energy exploration. The U.S. slapped sanctions on Rosneft's CEO Igor Sechin in late April, freezing his assets and preventing him from obtaining visas. However, the sanctions do not extend to Rosneft itself, allowing west ... read more

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The California Shale Bubble Just Burst The great hype surrounding the advent of a shale gas bonanza in California may turn out to be just that: hype. The U.S. Energy Information Administration (EIA) - the statistical arm of the Departmen ... more		Mexican oil exports to U.S. market at lowest levels since 1993 Though it's still the third-largest source of foreign crude, imports from Mexico are at their lowest levels in a decade, the U.S. Energy Department said. ... more		EU lays out energy plan, to reduce Russia dependence The European Commission laid out plans Wednesday to cut the EU's costly reliance on energy imports, especially from Russia which has threatened to halt gas supplies to Ukraine, a key transit point for Europe. ... more
				Libya chaos deepens with Benghazi air strike on jihadists A rogue Libyan ex-general resumed air strikes on jihadists in the city of Benghazi Wednesday, while gunmen attacked an interior ministry team in Tripoli tasked with protecting the outgoing government. ... more		Scotland could realize vast oil and gas wealth through independence Oil and natural gas wealth in the North Sea is expected to become major financial asset for Scotland on independence, the finance secretary said Wednesday. ... more

CubeSats, SmallSats and MicroSats

State Department spokeswoman says China largely to blame for rig tensions China is to blame for most of the tensions surrounding the deployment of an oil rig in the South China Sea, a spokeswoman for the U.S. State Department said. ... more		Fukushima disaster means Japan needs more gas from new resource Japan will receive the first shipment of liquefied natural gas from a project led by Exxon Mobil in Papua New Guinea, project developers said. ... more		Trump vows to relaunch Egypt-Ethiopia talks on dam row China's birth rate falls to lowest on record Chile police arrest suspect over deadly wildfires		How Turkey's regional ambitions tie into disputes over Iraqi oil Turkey is flexing diplomatic muscle and showing it's ready to position itself as a key energy hub with the export of Kurdish oil, an international analyst said. ... more
				BP says most contracts awarded for gas field meant to break Russia's European grip \Most of the contracts for a natural gas pipeline from Azerbaijan to Europe have now been awarded, BP regional President Gordon Birrell said. ... more		Russian energy company will keep gas flowing under proposed Ukrainian gas deal Russian energy company Gazprom agrees to keep gas flowing through Ukraine for June without pre-payment from Ukraine, the European Union said. ... more

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Russia's Weakened Hand Could Pay Off For Beijing In Major Gas Deal A major gas deal between Russia and China could finally be sealed this week when Russian President Vladimir Putin visits China on May 20-21 and meets with President Xi Jinping. In the lead up to Put ... more		Dutch arrest six Greenpeace activists over oil drill demos Dutch police on Tuesday arrested six activists as Greenpeace staged two protests in northern Europe including chaining a Russian contracted oil rig to a dock, to highlight oil drilling in the eco-sensitive Arctic oceans. ... more		Elon Musk hints at buying Ryanair amid Starlink spat AST SpaceMobile secures role on MDA SHIELD defense architecture Slingshot to embed AI agent in US Space Force space warfare training		Injuries on the job in Norway's oil and gas sector decline The number of workplace injuries reported for oil and gas operations in Norwegian territory are in a general decline, a national safety regulator said. ... more
				Greenpeace activists board rigs to protest oil drills Greenpeace activists boarded two oil rigs in northern Europe Tuesday to protest against "reckless" plans by multinational companies to drill for oil and gas in the Arctic. ... more		French services company Technip to help feed growing Chinese demand for gas French energy services company Technip said it secured a contract to help build a liquefied natural gas terminal in China. ... more

Power plant emissions verified remotely at Four Corners sites

Polar vortex in part to blame for high energy bills, U.S. says

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The California Shale Bubble Just Burst

Russian energy company will keep gas flowing under proposed Ukrainian gas deal

Exxon, BP Defy White House; Extend Partnership with Russia

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EU study assesses turning CO2 into methanol for use in transport

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	Oil and gas development homogenizing core-forest bird communities Conventional oil and gas development in northern Pennsylvania altered bird communities, and the current massive build-out of shale-gas infrastructure may accelerate these changes, according to resea ... more		Shale development generally helps local government coffers Oil and gas development from shale fields has generally helped the public finances of local communities, providing new revenues and resources that usually - but not always - outweigh the increased ... more		China gas deal a symbolic victory for Russia but won't leave Europe dry The $400 billion gas deal Russia signed with China was a symbolic victory for Moscow as it is locked in a dispute with the West over Ukraine, but the scale of the deal is not as massive as it seems at first blush, according to analysts. ... more		U.S. rail regulator said most rail companies following rules for Bakken oil The U.S. rail industry is following the rules for shipping Bakken crude oil, though some violations exist on the margins, the nation's top rail regulator said. ... more

Greenland truce or Trump win? Davos "framework" pauses tariffs but not the takeover boasts

Greenlanders doubtful over Trump resolution

EU says ready to sign defence and security pact with India

British government reviews shale oil potential in country's southeast		Expanding Nord Stream, building South Stream, will help Europe with gas, Gazprom says		Holiday travelers paying about the same at the pump, Energy Department says		Iraq files case against Turkey over Kurdish oil exports		Iraq repairs oil pipeline after months of attacks
Russian gas monopoly wants better ties with Azerbaijan, seen as a European savior		Chad suspends work by Chinese oil company CNPC		Ecuador permits oil development in Amazon reserve		Hess makes retail gas station sale to transform into a new type of company		Europe can emerge strong with right energy steps, EC president says

Gas deal in Beijing gives Gazprom chance to get beyond European woes

Mozambique gas story continues for Italian energy company Eni

Vietnam calls on China to remove oil rig from disputed waters

Asian taking on more African crude as U.S. production grows

China a serious threat to peace: Vietnam PM

BP to ask US Supreme Court to rule on spill payouts

Erosion leaves pit under production platform in the North Sea

Woodside says it's done trying to grab stake in giant Israeli gas field

Russian gas monopoly capitalizing on growing Chinese market

China, Russia in '$400 bn' gas deal as Ukraine crisis looms

North Dakota study finds Bakken crude no different than other grades

China and Russia pledge to build ties as Putin visits

Iran says foreign contracts are at risk of expulsion

Open gas spigot in German would provide 'guarantees' for Russia's customers

Russian energy deals with China have nothing to do with European crises, minister says

House committee says more pipelines would keep gas bills lower

Deep water campaign to keep Norwegian drilling company in BP's corner

British public "rightly concerned" by fracking operations

New 'mapping-while-drilling' technology offered by Schlumberger

Cameroon says abducted Chinese likely in Nigeria

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