Oil and Gas News

July 03, 2014

ONGC said to be considering Russian pipelines
New Delhi (UPI) Jun 30, 2013
A transnational pipeline from Russia though Kazakhstan to India could be on the table for India's energy company ONGC, a managing director said. India's state-owned Oil and Natural Gas Corp. Ltd. said it wants to start playing a larger role in the international energy market. DK Sarraf, chairman and managing director at ONGC, said his company was looking for more exploration opportunities in coordination with Russian oil company Rosneft. "But the more important thing that will happen is ... read more

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Fire at Ohio shale well forces resident evacuations No injuries were reported when above-ground equipment at a shale reserve area caught fire in Monroe County, Ohio, Norwegian energy company Statoil said. ... more		Sanchez Energy closes on Eagle Ford shale deal Sanchez Energy Corp., a U.S. company focused on shale in the Gulf Coast region, said it made a strategic move by buying acreage in the Eagle Ford shale. ... more		Russia seeks UN ban on Syrian 'terrorist' oil sales Russia urged UN Security Council members Monday to back a draft statement to bar crude oil sales by "terrorist groups" in Syria, including as the Islamic State of Iraq and the Levant ... more
				Iraq jihadists 'selling oil to Assad', says France French Foreign Minister Laurent Fabius said Monday that jihadists spearheading a militant offensive in Iraq have sold oil from captured areas to the regime of Syrian President Bashar al-Assad. ... more		Statoil postpones plans for Barents Sea oil field Norwegian energy company Statoil said Monday it was postponing a development decision for the multi-million barrel Johan Castberg reserve area. ... more

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William Cress Corporation - We Build To Last

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

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Consent given to start onshore construction of South Stream pipeline The consortium managing the planned South Stream natural gas pipeline said Tuesday it's been approved to start construction in Russian territory. ... more		Energy sector says New York shale ruling an economic blow A New York court decision to let cities and towns block hydraulic fracturing is a major blow to the industry, an advocacy group said. ... 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		U.S. gasoline prices bucking trend, moving higher U.S. retail gasoline prices should be high for much of July, bucking a seasonal trend, a spokesman for motor club AAA said. ... more
				Caltech-led team develops a geothermometer for methane formation 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 ga ... more		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		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		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		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		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		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

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

Global benefit of storing emergency oil outweighs costs, IEA finds		Senate leader says U.S. oil export policies out of date		Dalrymple: Pipeline capacity keeping relative pace with Bakken		Put South Stream gas pipeline on hold, EU tells Russia		Shale economic gains spreading, analyst says
Iran considers investments needed for small-scale LNG		OPEC offers assurances oil markets are stable		Italian energy company Eni expresses 'great interest' in Algeria		Austrian energy company OMV expects South Stream gas by 2106		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

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