Oil and Gas News

June 25, 2014

Militants take control of Iraq's largest oil refinery
Baghdad (UPI) Jun 24, 2013
Islamist militants in Iraq have taken full control of the largest oil refinery in the country, though the government said Tuesday the claims are false. The BBC reported Tuesday a "reliable source" has said militants with the Islamic State of Iraq and Syria have "full control" over the Baiji oil refinery. The British broadcaster reported there were 160 Iraqi soldiers inside the refinery who agreed to lay down their weapons in exchange for safe passage to Erbil, the capital of the semiautonomous ... read more

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Gas flows through damaged Ukrainian pipeline set for July A natural gas pipeline damaged in an explosion last week in Ukraine should resume operations in early July, Ukrainian energy company Naftogaz said Tuesday. ... more		Diamonds are an oil's best friend mixture of diamond nanoparticles and mineral oil easily outperforms other types of fluid created for heat-transfer applications, according to new research by Rice University. Rice scientists m ... more		Labor issues force halt to oil work in Yemen Norwegian oil and gas operation DNO ASA said Tuesday it suspended operations in parts of Yemen because of blockades by local groups. ... more
				Spanish energy company Repsol makes giant Russian oil discoveries Spanish energy company Repsol said two oil discoveries in Russia are the largest made in the country in the last two years. ... more		OPEC offers assurances oil markets are stable The global oil market is well supplied and there's sufficient output from OPEC members despite regional tensions, the organization said Tuesday. ... more

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Austrian energy company OMV expects South Stream gas by 2106 Austrian energy company OMV said Tuesday it expects to see the first deliveries of natural gas from Russia's planned South Stream pipeline by the end of 2016. ... more		Tanker loaded with Libyan crude finds its way to global market A tanker loaded with Libya crude oil from the Elephant field is the first to leave port since operations resumed June 16, maritime data show. ... 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		Kenya could find energy relief through domestic reserves, company says Tapping into indigenous gas resources may offer Kenya a more cost-effective solution to energy security, energy company Africa Oil Corp. said Tuesday. ... more
				Hungarian energy company MOL sees good chance of oil success at home Hungarian energy company MOL announced it secured an agreement with the government in Budapest to start exploring for oil in the country. ... more		N. Zealand PM says rare dolphin oil fears 'mumbo jumbo' New Zealand Prime Minister John Key on Tuesday dismissed concerns about allowing oil exploration in waters set aside to protect the world's rarest dolphin as "mumbo jumbo". ... more

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

Russia and Serbia reaffirm need to implement South Stream project Leaders of Russia and Serbia reaffirm the need to implement the South Stream project, the Russia's Foreign Minister Sergei Lavrov said. The agreements between Moscow and Belgrade regarding the timel ... more		Russia sees no evidence of gas theft in Ukraine There's no evidence to suggest Russian natural gas bound for Europe was siphoned off during transit through Ukraine, the Russian Energy Ministry 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		Nine tankers loaded with oil slip track in Russia Law enforcement officials in Russia said nine rail cars carrying crude oil derailed near the Black Sea port city of Novorossiysk. ... more
BP oil spill slows swimming speed of juvenile mahi-mahi Juvenile mahi-mahi - a favorite fish among foodies and fishermen, and one the fastest in the Gulf of Mexico - exposed to BP's 2010 oil spill swim at just about half the pace of their uncontaminated, still-speedy brethren. ... more		Lundin verifying petroleum potential in Luno II area of North Sea Swedish energy company Lundin Petroleum said Monday it started drilling into the Luno II discovery off the Norwegian coast to assess its reserve potential. ... more		Iran says it can step in should Iraqi oil sector falter Iran has the ability to make up for any supply issues stemming from ongoing conflict in neighboring Iraq, the Iranian oil minister said. ... more		French company GDF Suez signs LNG agreement in Indonesia French energy company GDF Suez said Monday it was looking at the prospects for building an onshore liquefied natural gas terminal in Indonesia. ... more

	Vietnam issues request to China to move oil rig and escort vessels Vietnam's official media reports a request was sent to the Chinese side asking they remove the oil rig positioned in disputed maritime territory. ... more		British energy body says safety could be better offshore 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. ... 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

Russian minister said using energy for political gain a bad move		House leaders says gas prices would drop through their measure		Louisiana gas export terminal clears regulatory milestone		Kurdish oil contracts made on international commercial market basis		Beware ISIL, Iran's Rouhani warns 'petrodollar' states
Russian Arctic: a new promised land for oil giants		Beijing sends more oil rigs to South China Sea		China to relocate some workers in oil supplier Iraq: ministry		Latest gas find is at least of 3 trillion cubic feet		Philippines seeks speedy UN ruling on China sea dispute

EIA says year-on-year oil imports down for U.S., though weekly levels up

Santos, GDF Suez back to drawing board for Australian gas

Ireland readies for 2015 offshore licensing round

Gazprom says first welds for Chinese gas pipeline expected by August

Canada sees good progress in safety for crude oil transport by rail

Water used in oil recovery in North Dakota spilled

China, Vietnam work to resolve oil and maritime disputes

China and U.K. 'stand united' on energy security, minister says

Canada approves pipeline to Pacific Ocean, with conditions

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

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