Oil and Gas News

July 09, 2014

Federal and tribal energy sales on a steady decline, U.S. says
Washington (UPI) Jul 8, 2013
A drop in offshore natural gas production is behind the decline in sales of fossil fuels derived from federal and tribal lands, the U.S. Energy Department said. The U.S. Energy Information Administration, the department's statistical arm, said Monday sales of fossil fuels from federal and tribal lands in fiscal year 2013 were 7 percent below the previous year's sales. "One of the main drivers in the decline in sales of fossil fuels from federal and Indian lands is the drop in offshore na ... read more

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Energy sector reform in Ukraine needed for more aid, EU says Energy sector reform in Ukraine is a condition for further financial support from the European Union, commissioner Stefan Fule said Tuesday from Brussels. ... more		Algeria envisions joint energy efforts with Tanzania Algeria and Tanzania are in the advanced stage of talks regarding three separate energy projects, Algerian Energy Minister Youcef Yousfi said. ... more		June banner month for U.S. natural gas production, Platts forecasters say June was a banner month for U.S. natural gas production from the Lower 48 states, a forecasting unit of Platts reported. ... more
				Iraq risks ebbing from gasoline market, prices falling, AAA says Gasoline prices continue to be inflated because of conflict in Iraq but the market seems adjusted and pain at the pump is easing, motor club AAA said. ... more		Greenpeace blocks Chevron's Romanian shale gas site Around 20 Greenpeace activists blocked access to a shale gas exploration site in Romania on Monday, in a third attempt to scupper the drilling operations of US energy group Chevron. ... more

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Maersk taking $1.7 billion loss on Brazilian energy buy Maersk Oil said Tuesday it was giving up on plans in Brazil after taking a $1.7 billion impairment on its assets there. ... more		EU energy commissioner reviews future of shale natural gas Shale could eventually meet about 10 percent of the energy demand among European nations, European Energy Commissioner Gunther Oettinger 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		Russian economy could be hurt by falling oil exports An anticipated drop in oil production by 2016 is expected to hurt the Russian economy, the Russian Finance Ministry said Monday. ... more
				Libyan oil export terminals ready to reopen More than half of Libya's oil export potential may be back online after rebel forces handed over control of two key ports, the Libyan National Oil Co. said. ... more		Kurdish operations unaffected by Iraqi violence, Oryx Petroelum says Canadian energy company Oryx Petroleum said Monday its operations in the Kurdish north of Iraq were unaffected by violence in the rest of the country. ... more

Iran's oil tanker company declares win with sanctions ruling The company transporting Iranian crude oil to export markets should return to the European stage following an EU court decision last week, its director said. ... more		Harper: Collective efforts showing results one year after Lac-Megantic wreck Canadian Prime Minister Stephen Harper said all Canadians have coordinated their efforts to respond to last year's deadly derailment in Lac-Megantic, Quebec. ... 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		Investment outlook good for Turkish sea port, Ceyhan The Turkish sea port of Ceyhan has a bright future as a regional hub for Caspian and Iraqi oil, a Turkish business representative said Monday. ... more
Total makes strong move in the West of Shetland area French energy company Total said Thursday it set up a solid foundation in the West of Shetland area with new development decisions. ... more		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

EU states to hold talks on 'drone wall' to protect bloc

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Russia is a gas supplier of choice, Gazprom says		Oklahoma quake surge linked to gas wastewater wells		Senate Democrats want clarification of oil export laws		Fire at Ohio shale well forces resident evacuations		Sanchez Energy closes on Eagle Ford shale deal
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Israeli gas export deal for Egypt reviewed

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Platts: China's apparent oil demand slumps

Encana sells off Bighorn gas assets in Alberta for $1.8 billion

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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

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