Oil and Gas News

June 09, 2014

Vietnam airs video of Chinese ship ramming fishing boat
Hanoi (AFP) June 06, 2014
Vietnam has released dramatic footage showing a large Chinese ship chasing and ramming one of its fishing boats which then sank near an oil rig in contested waters. The communist neighbours have traded accusations over the May 26 sinking incident, with Hanoi decrying an "inhuman act" by China, which blamed intrusion by the Vietnamese vessel. The video images, shot from a nearby Vietnamese vessel, show a much larger Chinese ship racing after a small wooden Vietnamese fishing boat, ploughing into ... read more

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British energy minister, Queen Elizabeth question shale's role in energy mix The British government is considering whether its policies on shale gas and geothermal energy are "fit for purpose," Energy Minister Michael Fallon said. ... more		Phillips 66 buys what it says is the largest oil storage facility in its portfolio U.S. energy company Phillips 66 said the 7.1 million-barrel oil storage facility in Beaumont, Texas, it agreed to buy will be the largest in its portfolio. ... more		More oil transported by U.S. rail than ever before More crude oil was delivered on the U.S. rail network during first quarter 2014 than any other quarter in history, the Association of American Railroads said. ... more
				Turkish media reports second tanker of Kurdish oil has set sail A second tanker of crude oil from the Kurdish north of Iraq has left the Turkish sea port at Ceyhan, a port official from Turkey said Friday. ... more		Russia's Lukoil adds pipelines to Iraqi oil field contract Russian energy company Lukoil said it was including pipeline construction in the terms of its contract for the West Qurna-2 oil field in Iraq. ... more

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'Very clear' the Vietnamese are creating problems over rig, Beijing says It's "very clear" the Vietnamese are the aggressors in ongoing melees surrounding an oil rig sitting in disputed waters, a Chinese official said. ... more		Greenpeace gets protest ship Arctic Sunrise back from Russian authorities Protest vessel Arctic Sunrise, seized last year by Russian authorities, is back in the hands of Greenpeace, the advocacy group said Friday. ... more		Solar-driven ionosphere charges may nudge stressed faults toward rupture Stable black carbon in mangrove soils boosts coastal climate role Low crystallinity iron minerals show promise for chromium cleanup and carbon storage		Eni signs agreement in Venezuelan gas field seen as one of the largest in the world Italian energy company Eni said it signed an agreement to help develop the Perla gas field in Venezeula, one of the largest offshore finds in recent history. ... more
				Baghdad wants complete control over Iraqi oil, Kurdish prime minister says The Iraqi central government in Baghdad aims to control the issue of oil "completely," the prime minister of the semiautonomous Kurdish government said. ... more		Chinese vessels expand zone of protection around oil rig in disputed waters Chinese authorities have expanded a zone of protection around an oil rig in the South China Sea by about 45 percent, a Vietnamese official said. ... more

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N.D. Sen. Hoeven says more scrutiny needed to avoid another Lac-Megantic More inspections are needed to ensure oil delivered on the U.S. rail network is safe, a leading senator from North Dakota said. ... more		Pipeline to carry gas to Europe from Azerbaijan looking for contractors Potential contractors for the planned Trans-Adriatic pipeline for Europe need to demonstrate "very specific expertise," the project consortium said Thursday. ... more		Trump announces new US 'Space Academy' Israel signs with Greece one of its biggest-ever arms sales Middle East war a boon for UAE defence giant with global ambitions		Analysis finds gas production increasing just in time for U.S. consumers U.S. natural gas production from the Lower 48 states in May beat a monthly high set in April by 0.6 percent, analysis shows. ... more
Energy Department says shale production lessens impact of hurricanes Strong growth in onshore U.S. oil and gas production means fewer problems from hurricanes, the analytical arm of the U.S. Energy Department said Wednesday. ... more		Pipeline that could break Russia's hold on EU gas moving forward The Trans-Adriatic gas pipeline for Europe is still moving forward despite decisions from influential stakeholders to leave, a project spokesperson said. ... more		New Zealand report assesses best ways to manage fracking The New Zealand government said Wednesday it could safely develop its petroleum resources safely even if hydraulic fracturing is employed. ... more		HRW urges DR Congo to investigate attacks on activists Human Rights Watch called Wednesday on the Democratic Republic of Congo to investigate attacks and threats against opponents of a major oil exploration project at one of Africa's oldest national parks. ... more

	Total signs $1.1 billion deal to help develop ultra-deep Nigerian waters Offshore drilling company Seadrill Ltd. said it signed a $1.1 billion deal with French energy company Total to help develop reserves in the deep waters off the Nigerian coast. ... more		Small British company sees big potential in shale oil and gas A small energy company, Union Jack Oil, said there may be as much as 5.4 billion barrels of oil and 2.7 trillion cubic feet of gas in British shale deposits. ... more

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Top Chinese gaming companies continue to challenge

Exports of Kurdish oil helped Iraq, Turkish energy minister says		IEA report says right policies needed as much as right investments		Ukraine still owes Gazprom for more than 340 billion cubic feet of gas		More hydraulic fracturing planned for Mississippi		Turkey brushes off criticism over Iraqi Kurdish oil
Ukraine averts gas crisis by settling some debt with Gazprom		Gazprom working in Iraq on oil developments		Exxon wins right to explore transboundary oil and gas areas in the Gulf of Mexico		Oil tensions with China highlight Vietnam's economic vulnerabilities		Algeria eager to replicate U.S. success with shale oil and gas

Army must do more to protect pipeline: Iraq deputy PM

Turkey 'driven by greed' in Kurd oil row: Iraq deputy PM

Turkey buys stake in Azeri gas field to break Russia's grip on energy sector

Marathon Oil unloads its Norwegian assets in $2.7 billion deal

Domestic energy production enough to meet more than 80 percent of U.S. demand

More than a year after security scare, Austria's OMV to invest in Tunisian gas

Deliveries could begin in 2019 from natural gas export facility in Texas

Libya's oil company has new outlook

Norway removes Greenpeace ship from contested Arctic drill site

Ukraine's justice minister says legal notice given to Russia's Gazprom

Iran aims to increase energy partnerships with Turkish neighbors

Spain okays Repsol plan for Canary Islands exploration

Annual report shows Vietnamese economy could slow down because of rig tensions

Iraq oil exports continue rebound in May: ministry

Oil prices rise after strong Chinese manufacturing data

China's Oil Giant At Center Of Corruption Probe

Mexican oil exports to U.S. market at lowest levels since 1993

Visiting Sen. Ben Cardin says China is stoking tensions over oil rig

EU lays out energy plan, to reduce Russia dependence

Gulf of Mexico a 'critical component' of U.S. energy policy, government says

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