Oil and Gas News

July 05, 2014

Total makes strong move in the West of Shetland area
Paris (UPI) Jul 3, 2013
French energy company Total said Thursday it set up a solid foundation in the West of Shetland area with new development decisions. Total, alongside its partners at state-controlled Danish energy company DONG, said it decided to start developing the Edradour gas field in the West of Shetland area and take on a 60 percent stake in the nearby Glenlivet discovery. "Total is establishing a new strategic hub in the West of Shetland area," Patrice de Vivies, Total's senior vice president for e ... read more

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Statoil to increase recovery rate from Oseburg Ost field Norwegian energy company Statoil said Thursday it expects to extend the lifespan of its offshore Oseburg Ost field with a new drilling campaign next year. ... more		Libyan interim prime minister says country's oil crisis is solved The Libyan government has regained control over two key oil terminals in the east of the country, the acting prime minister said. ... more		Genel Energy says its oil work in Kurdish north of Iraq secure Turkish energy company Genel Energy said Thursday its oil operations in the Kurdish region of northern Iraq are "safe and secure." ... more
				Germany could outlaw fracking until 2021: ministers Germany could ban fracking until at least 2021 and strictly regulate the use of any such technology in future under policy proposals drawn up by the economy and environment ministers. ... more		Greenpeace says LEGO's relationship with Shell is troubling Advocacy group Greenpeace International took a swipe Tuesday at LEGO for putting the logo of Royal Dutch Shell on its children's toys. ... more

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Russia is a gas supplier of choice, Gazprom says Foreign consumers continue to turn to Russia as the natural gas supplier of choice, the chairman of Russian energy company Gazprom said. ... more		Oklahoma quake surge linked to gas wastewater wells The saline wastewater - a byproduct of the oil and gas industry - that's injected deep into the ground under intense pressure and high rates of speed, is responsible for the surge of earthquakes in Oklahoma, according to a new study published this week in Science Magazine. ... more		Solar-driven ionosphere charges may nudge stressed faults toward rupture Stable black carbon in mangrove soils boosts coastal climate role Low crystallinity iron minerals show promise for chromium cleanup and carbon storage		Senate Democrats want clarification of oil export laws There may have been some violations of the ban on crude oil exports from the United States, two Democratic senators told the Commerce Department. ... more
				Providence Resources starts Irish seismic surveys Irish oil and gas explorer Providence Resources said Monday it started surveying operations off the Irish coast in the so-called Porcupine basin. ... more		Norway reports high energy activity in its offshore reserves The Norwegian government said Monday exploration activity on its continental shelf has been robust, with 13 discoveries made so far this year. ... more

MOL pays $130 million for six North Sea license areas Hungarian energy company MOL said it expanded its presence on the global exploration and production map with the purchase of North Sea acreage. ... more		Israeli gas export deal for Egypt reviewed Partners involved in the development of the Leviathan natural gas field off the coast of Israel said they were in talks with BG Group for exports to Egypt. ... more		Trump announces new US 'Space Academy' Israel signs with Greece one of its biggest-ever arms sales Middle East war a boon for UAE defence giant with global ambitions		Gas prices could spike because of hurricanes in Gulf of Mexico Tropical storms in the Gulf of Mexico could put more pressure on gasoline prices than conflict in the Middle East, a petroleum analyst at GasBuddy.com said. ... more
Woodside Petroleum lands deal for U.S. LNG A Singapore subsidiary of Australian energy company Woodside Petroleum said Tuesday it signed a deal to secure liquefied natural gas from a facility in Texas. ... more		Africa's oldest nature park counts on sustainability People living in and around Africa's oldest wildlife reserve - Virunga National Park - threatened by armed groups and oil prospectors, are pinning their hopes on sustainable development projects for energy, agriculture and tourism. ... more		Platts: China's apparent oil demand slumps Chinese oil demand declined slightly last month reflecting a general slowdown in the Chinese economy, an analysis of government data shows. ... more		Encana sells off Bighorn gas assets in Alberta for $1.8 billion The largest natural gas producer in Canada, Encana Corp., said Friday it was selling off some of its gas interests in Alberta to a counterpart for $1.8 billion. ... more

	ONGC said to be considering Russian pipelines A transnational pipeline from Russia though Kazakhstan to India could be on the table for India's energy company ONGC, a managing director said. ... more		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

Sidekick autonomy software guides YFQ-42A test mission for CCA program

Infleqtion lists shares on NYSE as neutral atom quantum firm

Top Chinese gaming companies continue to challenge

Sanchez Energy closes on Eagle Ford shale deal		Russia seeks UN ban on Syrian 'terrorist' oil sales		Iraq jihadists 'selling oil to Assad', says France		Statoil postpones plans for Barents Sea oil field		Consent given to start onshore construction of South Stream pipeline
Energy sector says New York shale ruling an economic blow		Fracking flowback could pollute groundwater with heavy metals		Another concern arises over groundwater contamination from fracking accidents		U.S. gasoline prices bucking trend, moving higher		Kurdish government tells Baghdad to back off on oil sales

Some Chinese workers evacuated in northern Iraq: reports

House passes measure they say would lower gasoline prices

Italian energy company Eni wades deeper into Vietnamese waters

Multi-agency pipeline safety panel set up in Michigan

Caltech-led team develops a geothermometer for methane formation

European natural gas supplies at winter levels, Gazprom says

Bill for more LNG exports passes with bipartisan support

U.S. imports of Saudi Arabian oil increased from last year

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

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