Oil and Gas News

July 01, 2014

Caltech-led team develops a geothermometer for methane formation
Los Angeles CA (SPX) Jul 01, 2014
Methane is a simple molecule consisting of just one carbon atom bound to four hydrogen atoms. But that simplicity belies the complex role the molecule plays on Earth-it is an important greenhouse gas, is chemically active in the atmosphere, is used in many ecosystems as a kind of metabolic currency, and is the main component of natural gas, which is an energy source. Methane also poses a complex scientific challenge: it forms through a number of different biological and nonbiological processes und ... read more

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European natural gas supplies at winter levels, Gazprom says European consumers serviced by Gazprom are getting natural gas at levels they'd normally get during the winter, the company's chief executive said Friday. ... more		Bill for more LNG exports passes with bipartisan support Democratic lawmakers crossed party lines to vote in support of a Republican-led effort to increase U.S. LNG gas exports, the bill's leader said. ... more		U.S. imports of Saudi Arabian oil increased from last year Oil imports from Saudi Arabia for the first three months of 2014 were more than 30 percent higher year-on-year, the U.S. Energy Department said. ... more
				Kurdish government tells Baghdad to back off on oil sales The federal government in Baghdad should give up its effort to prevent oil exports from the Kurdish region of Iraq, the semiautonomous government said Friday. ... more		Some Chinese workers evacuated in northern Iraq: reports Dozens of Chinese workers have been relocated from strife-torn northern Iraq, state media said Friday, with an additional 1,200 set to depart in the coming days. ... more

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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

House passes measure they say would lower gasoline prices The House of Representatives passed a measure it says would help lower gasoline prices by expanding access to domestic energy resources. ... more		Italian energy company Eni wades deeper into Vietnamese waters Italian energy company Eni said it signed an agreement with PetroVietnam to explore the deep waters off the coast of Vietnam for the next seven 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		Multi-agency pipeline safety panel set up in Michigan Michigan leaders said they formed a multi-agency safety panel to vet concerns about pipelines transporting petroleum products around the state. ... more
				Fracking flowback could pollute groundwater with heavy metals The chemical makeup of wastewater generated by "hydrofracking" could cause the release of tiny particles in soils that often strongly bind heavy metals and pollutants, exacerbating the environmental ... more		Another concern arises over groundwater contamination from fracking accidents The oil and gas extraction method known as hydraulic fracturing, or fracking, could potentially contribute more pollutants to groundwater than past research has suggested, according to a new study i ... more

Global benefit of storing emergency oil outweighs costs, IEA finds A study from the International Energy Agency in Paris finds that storing oil in emergency stockpiles does more than support energy security. ... more		Senate leader says U.S. oil export policies out of date Though some petroleum products can leave U.S. ports, a ban on crude oil exports is outdated, the top Republican on the Senate Energy Committee 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		Dalrymple: Pipeline capacity keeping relative pace with Bakken Crude oil pipeline capacity in North Dakota is keeping relative pace with production levels, the state's governor, Jack Dalrymple, said. ... more
Put South Stream gas pipeline on hold, EU tells Russia The European Commission has concerns about how Russia's planned South Stream gas pipeline conforms to European rules, the energy commissioner said Wednesday. ... more		Shale economic gains spreading, analyst says The economic impact of increased U.S. oil and gas output has spread beyond states hosting shale reserve areas, the vice chairman of consultant group IHS said. ... more		Iran considers investments needed for small-scale LNG There's been some interest in supporting a fledgling liquefied natural gas industry in Iran, the country's deputy petroleum minister said. ... 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

	Italian energy company Eni expresses 'great interest' in Algeria Italian energy company Eni said Wednesday it secured the rights to drill in three areas in Algeria from state energy company Sonatrach. ... more		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

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

Tanker loaded with Libyan crude finds its way to global market		Militants take control of Iraq's largest oil refinery		Kenya could find energy relief through domestic reserves, company says		Hungarian energy company MOL sees good chance of oil success at home		N. Zealand PM says rare dolphin oil fears 'mumbo jumbo'
Gas flows through damaged Ukrainian pipeline set for July		Russia and Serbia reaffirm need to implement South Stream project		Diamonds are an oil's best friend		Russia sees no evidence of gas theft in Ukraine		Labor issues force halt to oil work in Yemen

Spanish energy company Repsol makes giant Russian oil discoveries

Nine tankers loaded with oil slip track in Russia

BP oil spill slows swimming speed of juvenile mahi-mahi

Lundin verifying petroleum potential in Luno II area of North Sea

Iran says it can step in should Iraqi oil sector falter

French company GDF Suez signs LNG agreement in Indonesia

Vietnam issues request to China to move oil rig and escort vessels

British energy body says safety could be better offshore

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

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