Oil and Gas News

June 23, 2014

British energy body says safety could be better offshore
London (UPI) Jun 20, 2013
The British offshore oil and gas sector is not where it needs to be in terms of preventing releases, industry body Oil & Gas U.K. said in a report. Oil & Gas U.K. published its annual safety report Thursday, which found there's been a 49 percent reduction in the number of reportable releases in the three years ending March 2013. That narrowly missed a 50 percent industry target. Robert Paterson, health and safety director for the group, said the industry is working with regulators on pre ... read more

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Russian minister said using energy for political gain a bad move Russian Energy Minister Alexander Novak said using energy for geopolitical gain leads to market instability and a poor investment climate. ... more		House leaders says gas prices would drop through their measure Members of the House of Representatives said U.S. consumers would pay less at the pump if a bill in support of expanded domestic energy production passed. ... more		Louisiana gas export terminal clears regulatory milestone The last regulatory milestone was cleared to start building a $9 million liquefied natural gas terminal in Louisiana, Sempra Energy announced. ... more
				Kurdish oil contracts made on international commercial market basis The semiautonomous Kurdish government in northern Iraq said it's delivering oil to its customers under contracts that are commercially viable. ... more		Beware ISIL, Iran's Rouhani warns 'petrodollar' states Iran's President Hassan Rouhani warned on Sunday that Muslim states which funnel petrodollars to jihadist Sunni fighters wreaking havoc in Iraq will become their next target. ... more

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Russian Arctic: a new promised land for oil giants Tens of degrees below zero during winter and home to endangered species and remote infrastructure - welcome to the Russian Arctic, a new promised land for oil companies despite clear obstacles. ... more		Beijing sends more oil rigs to South China Sea China is sending another four oil rigs to the South China Sea, state media and authorities said Friday, as Beijing and Hanoi trade accusations over an increasingly heated territorial row. ... 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		China to relocate some workers in oil supplier Iraq: ministry China is to relocate some workers in Iraq - where it is the biggest foreign investor in the oil industry - in the face of spreading violence, the foreign ministry said Thursday. ... more
				Latest gas find is at least of 3 trillion cubic feet With the latest discovery of natural gas, Tanzania is quickly becoming a key exploration asset for Statoil, a senior vice president for the region said. ... more		Philippines seeks speedy UN ruling on China sea dispute The Philippines said Thursday it would ask a UN tribunal to speed up its appeal to declare China's expansive claims to the South China Sea invalid. ... more

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

EIA says year-on-year oil imports down for U.S., though weekly levels up U.S. crude oil imports are lower than they were last year, though short-term data show an increase, the U.S. Energy Information Administration said. ... more		Santos, GDF Suez back to drawing board for Australian gas Australian energy company Santos said Thursday it was mulling its options after finding the Bonaparte LNG project doesn't meet its commercial interests. ... 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		Ireland readies for 2015 offshore licensing round While momentum is building for exploration off the Irish coast, the country's natural resources minister said there are no guarantees for success. ... more
Gazprom says first welds for Chinese gas pipeline expected by August The first welds of a pipeline meant to deliver Russian natural gas to China should be set within the next two months, the chairman of Gazprom said. ... more		Canada sees good progress in safety for crude oil transport by rail Canadian transportation officials are making good progress in addressing the safety issues of crude oil transport by rail, the Transportation Safety Board said. ... more		Water used in oil recovery in North Dakota spilled Two thousand barrels of water used during oil recovery was spilled at a site in southwest North Dakota, the state's Department of Health said. ... more		China, Vietnam work to resolve oil and maritime disputes China may be working to de-escalate the crisis that erupted when it sent a drilling rig to waters disputed with Vietnam, a former Vietnamese diplomat said. ... more

	China and U.K. 'stand united' on energy security, minister says The Chinese and British governments stand together in developing lasting energy solutions to tackle climate change, the British energy secretary said. ... more		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 link southward from Alberta's oil sands. ... 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

Irish government increases taxes on oil exploration and production		North Dakota oil production reaches milestone with 1,001,149 bpd		US sees no 'major disruption' to Iraqi oil supplies		Russian power sector needs focus, IEA says		Oil arm of Russia's Gazprom prepares for arctic drilling campaign
OPEC remains vital, but will struggle going forward, IEA says		Polish gas pipeline project vital for European energy sector		New oil tanker booked by Kinder Morgan		Norwegian oil production 2 percent higher than anticipated		Turkey's energy minister says to expect third shipment of Kurdish oil

Canada approves pipeline to Pacific Ocean, with conditions

Shell sells off stake in Australian company Woodside Petroleum

BP says to sign $20bn gas supply contract with China

Top Chinese diplomat to hold talks in Vietnam: Beijing

ISA and PRIMAVERA BSS launched an integrated solution

U.S. led world in oil production growth last year, BP says

More than a quarter million barrels of oil per day sent from U.S.

More than $1 trillion in new money coming to oil in eastern Russia

'Encouraging day' for Pakistani gas, OMV says

Two idled oil fields in Libya again sending oil to Brega refinery

Iran's president boasts of increasing oil production

Modi vows stronger Bhutan energy ties in first foreign visit

Gazprom switches Ukraine to pre-payment because of overdue gas bills

DR Congo conservationist accused of oil plot

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

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