Oil and Gas News

June 10, 2014

Ukraine, Russia launch crisis talks on gas, insurgency
Kiev (AFP) June 09, 2014
Ukraine launched delicate dual-track diplomatic negotiations with Russia on Monday aimed at averting a debilitating gas cut and ending a bloody separatist insurgency by the end of the week. The meetings in Brussels and Kiev throw down an immediate challenge to new Ukrainian President Petro Poroshenko's European commitment and vow to preserve the territorial integrity of the splintered ex-Soviet state. The 48-year-old confectionery tycoon and political veteran promised late Sunday to end fighting ... read more

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Jun 09

Jun 06

Jun 05

Jun 04

Jun 03

Moscow seeks clarification on new gas pipeline planned for Europe It's too early to comment on word the Bulgarian government has backed out of the planned South Stream gas pipeline, a Kremlin spokesman said Monday. ... more		Nigeria views Europe as a good market for natural gas The top executive at a state-owned energy company in Nigeria said the European market is a good one for its abundant natural gas reserves. ... more		Moroccan port authorities told tanker with Kurdish oil to leave their waters Shipping data show tanker United Leadership, loaded with oil from the Kurdish north of Iraq, is still in the Atlantic Ocean because of Moroccan port issues. ... more
				US top court turns down BP bid to halt oil spill payouts The US Supreme Court on Monday turned down a bid by BP to halt making compensation payments linked to the 2010 oil spill in the Gulf of Mexico. ... more		Lundin Petroleum, which spent big on exploration this year, dinged again Lundin Petroleum said Monday progress at the Brynhild field in Norwegian waters was delayed because of Shell's issues in the British sector. ... more

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Libyan oil production below 200,000 barrels per day The Libyan government estimates crude oil exports are below 200,000 barrels per day because of ongoing internal political issues. ... more		Iran wants to produce 5.7 million barrels of oil per day within three years Iranian Oil Minister Bijan Zanganeh said his country aims to more than double its crude oil production within the next three years. ... 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		Canadian Law Makes It Cheaper To Prevent Oil Sands Leaks Than Clean Them Up As the Canadian government pushes a new law rendering pipeline companies liable for all damages from leaks and spills, the only friend to both sides in this polarized world of dirty oil sands is lea ... more
				Vietnam airs video of Chinese ship ramming fishing boat 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. ... more		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

Startup in the Land of the Rising Sun; A Japanese Solar Venture - by Bradley L. Bartz

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		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		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		'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		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

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

N.D. Sen. Hoeven says more scrutiny needed to avoid another Lac-Megantic		Pipeline to carry gas to Europe from Azerbaijan looking for contractors		Analysis finds gas production increasing just in time for U.S. consumers		Energy Department says shale production lessens impact of hurricanes		Pipeline that could break Russia's hold on EU gas moving forward
New Zealand report assesses best ways to manage fracking		HRW urges DR Congo to investigate attacks on activists		Total signs $1.1 billion deal to help develop ultra-deep Nigerian waters		Small British company sees big potential in shale oil and gas		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

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