Oil and Gas News

June 18, 2014

Oil arm of Russia's Gazprom prepares for arctic drilling campaign
Moscow (UPI) Jun 17, 2013
Russian energy company Gazprom Neft said it plans to conduct drilling operations in the northern Pechora Sea during the ice-free months of 2014. The company said a drilling platform was delivered to the Dolginskoye field in the arctic waters of the Pechora Sea. "An exploration well will be drilled from the platform during the ice-free months of 2014 to further investigate the field's geological structure and prepare it for full-scale development," the company said in a statement Monday. ... read more

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OPEC remains vital, but will struggle going forward, IEA says North American oil output is expected to rise at the same time OPEC begins to face strong "headwinds," the International Energy Agency said Tuesday. ... more		Polish gas pipeline project vital for European energy sector The European Investment Bank said a Polish natural gas pipeline project will add a layer of diversity to the European gas corridor. ... more		New oil tanker booked by Kinder Morgan The expansion of a contract with General Dynamics for a 300,000-barrel oil tanker exemplifies a commitment to U.S. marine transport of oil, Kinder Morgan said. ... more
				Norwegian oil production 2 percent higher than anticipated The government of Norway, one of Europe's top oil producers, on Tuesday said output so far this year is 2 percent greater than anticipated. ... more		Turkey's energy minister says to expect third shipment of Kurdish oil Ankara expects a third tanker loaded with oil from the Kurdish north of Iraq will leave port before the end of the month, the energy minister said. ... more

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Canada approves pipeline to Pacific Ocean, with conditions Canada approved construction Tuesday of a pipeline to the Pacific Ocean, opening up one of the world's largest oil fields as Washington dithers over another route. ... more		Shell sells off stake in Australian company Woodside Petroleum Shell said Tuesday it views Australia as a vital part of global energy market despite unloading its shares in Australian energy company Woodside Petroleum. ... 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		BP says to sign $20bn gas supply contract with China British energy giant BP will sign a long-term deal with Chinese state-owned peer CNOOC in London on Tuesday to supply China with liquefied natural gas, BP chief executive Bob Dudley said. ... more
				Top Chinese diplomat to hold talks in Vietnam: Beijing China's top foreign policy official is set to hold "candid" talks in Vietnam, Beijing said Tuesday as the countries intensify accusations over a maritime territorial dispute. ... more		ISA and PRIMAVERA BSS launched an integrated solution The integration of the remote monitoring system Prognos with PRIMAVERA management software provides distributors access to a set of data, metrics and business information The remote consumptio ... more

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U.S. led world in oil production growth last year, BP says The increase in U.S. oil production last year was the largest annual rise the world has ever seen, BP Chief Economist Christof Ruhl said Monday. ... more		More than a quarter million barrels of oil per day sent from U.S. The 268,000 barrels of crude oil exported per day from the United States in April was the highest level in 15 years, the Energy Department said Monday. ... 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		More than $1 trillion in new money coming to oil in eastern Russia Major investments in oil operations in the eastern part of Russia will boost export potential by 2035, Deputy Prime Minister Arkady Dvorkovich said Monday. ... more
'Encouraging day' for Pakistani gas, OMV says Austrian energy company OMV said Monday getting a new gas facility on stream in Pakistan was a major boost for the country's energy supplies. ... more		Two idled oil fields in Libya again sending oil to Brega refinery Two Libyan oil fields resumed deliveries to a key refinery in the country following a court order on political stability, two state energy companies said. ... more		Iran's president boasts of increasing oil production Iranian oil production has increased as multilateral nuclear negotiations continue, Iranian President Hassan Rouhani said. ... more		Modi vows stronger Bhutan energy ties in first foreign visit India's Narendra Modi on Monday pledged stronger energy ties with tiny neighbour Bhutan as he wrapped up his first foreign visit since becoming prime minister, a trip aimed at checking China's influence in the region. ... more

	Gazprom switches Ukraine to pre-payment because of overdue gas bills Russia's Gazprom said Monday it switched Ukrainian gas company Naftogaz over to the new payment scheme because of $4.45 billion in overdue bills. ... more		DR Congo conservationist accused of oil plot A senior Congolese conservationist has been sacked after he was accused of colluding in major oil exploration plans by a British firm in one of Africa's oldest national parks. ... 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

Philippines calls for freeze on actions in S. China Sea		Azeri gas a win-win situation, European president says		Scientists identify Deepwater Horizon Oil on shore years later		Oil and gas disruptions from hurricanes could be higher than last year		Seven dead, one injured in Mexican platform accident
Russia holds off on further gas talks with EU, Ukraine		Most non-OPEC oil supplies coming from the United States		China emerges as new energy 'center of gravity'		Obama's Climate Plan Is Leaking Methane		New research shows Western Amazon under threat from oil pollution

British oil company unfazed by violence gripping Iraq

Are Quebecers irrationally opposed to shale gas?

Paris-based energy agency sees more oil coming from outside OPEC

Norway's Statoil says even a robust renewable energy sector falls short

Beijing accuses Vietnam of ramming vessels over 1,500 times

Offshore prospect in Angola to be Total's 'most prolific'

OPEC predicts world may need less of its oil in 2014

British government approves development of North Sea oil field

Kurds take Iraq's Kirkuk, bomb targets minister

Gazprom holds off on making Ukraine pay in advance for natural gas

Economy in shale oil state North Dakota outpacing nation

China disputes Vietnamese claims about oil rig under military escort

OECD urges Canada to hike oil sands taxes

Soco, WWF strike deal to halt oil drive in Africa's oldest park

Australia, U.S. and Canada to dominate future LNG markets

EIA says summer average price per gallon higher than last year's

BP uses unmanned aerial system for exploration

U.S. State Department says Iraqi oil sales forbidden without Baghdad's consent

Libyan envoy to OPEC says oil production could more than double

Top OPEC delegate says oil group can't keep markets stable by itself

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