Oil and Gas News

July 14, 2014

IEA: Oil production from OPEC members stable
Vienna (UPI) Jul 11, 2013
Lower oil production from Iraq was offset by gains elsewhere from members of OPEC, the International Energy Agency said Friday. The Organization of Petroleum Exporting Countries said in its monthly market report for June production from Iraq had declined. IEA, based in Paris, said it saw little overall change from the 12 members that combine to represent about 60 percent of the total petroleum traded internationally "OPEC supplies were virtually unchanged in June at 30.03 million barrels ... read more

Previous Issues

Jul 13

Jul 12

Jul 11

Jul 10

Jul 09

Major oil discovery confirmed in Norwegian Sea Norwegian company VNG Norge, the operator, and minority partner Faroe Petroleum confirmed an oil discovery Friday in the Norwegian Sea. ... more		LEGO called on to rethink relationship with Shell Greenpeace said it was calling on LEGO to review its relationship with Royal Dutch Shell because of the oil company's environmental legacy. ... more		Iraq Kurds claim oilfields as bombings kill 28 Iraq's Kurdish region claimed disputed northern oilfields on Friday in another blow to efforts to forge a united front against a jihadist-led onslaught, as twin bombings killed 28 people. ... more
				NRDC: EPA decision on HFCs could bring major benefits An EPA decision to ban some types of greenhouse gases will have clear impacts in the fight against climate change, the Natural Resources Defense Council said. ... more		Halliburton in fracking joint venture in China US oil and gas services giant Halliburton on Friday announced its first joint venture for hydraulic fracturing services in China, teaming up with private Chinese firm SPT Energy Group. ... more

CubeSats, SmallSats and MicroSats

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

Chevron credits Permian Basin with increased output Chevron said its net U.S. production so far during second quarter 2014 was higher than first quarter in part because of increases from the Permian shale basin. ... more		Africa Petroleum Corp. assessing oil potential offshore Sierra Leone African Petroleum Corp. said Friday it would acquire new data that would help verify promising reserve prospects off the coast of Sierra Leone. ... 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		Maverick Synfuels and Petrostar Form Maverick Northstar JV Maverick Synfuels and Petrostar Petroleum have announced the formation of Maverick Northstar, a joint venture to facilitate the deployment and operation of gas-to-liquids (GTL) technology in the Can ... more
				Oklahoma quakes induced by wastewater injection The dramatic increase in earthquakes in central Oklahoma since 2009 is likely attributable to subsurface wastewater injection at just a handful of disposal wells, finds a new study to be published i ... more		Gas exports, aid takes centre-stage as Abe visits PNG Japanese Prime Minister Shinzo Abe arrived in Papua New Guinea Thursday and pledged to continue financial support for the Pacific nation, which is emerging as an important energy source for his country. ... more

Permian beats Bakken as top oil production shale basin The Permian shale basin in the southern United States is the most prolific with output topping 1.3 million barrels per day, the Energy Department said. ... more		OPEC expecting uptick in global economy The Organization of Petroleum Exporting Counties said Thursday it expected the world will need more oil because of improvements in the global economy. ... 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		Kurdish government of Iraq says it will take legal action against oil buyers The Kurdish government of Iraq said it may take legal action against any entity buying oil from the federal government because of constitutional issues. ... more
Gazprom Chairman Alexei Miller leads delegation to Croatia Russian energy company Gazprom said it was considering more exploration work in Croatia, a host of the planned South Stream natural gas pipeline. ... more		Scientists say BP oil spill to blame for fish lesions in Gulf Fish in the Gulf of Mexico have suffered skin lesions as a result of spilled crude oil, say scientists from the University of South Florida who, for the last four years, have been monitoring the effects of the 2010 Deepwater Horizon oil spill on the health of area fish. ... more		U.S. on pace to break 40-year oil production record Expectations about total U.S. crude oil production for next year are the highest they've been in more than 40 years, the U.S. Energy Department said. ... more		Gazprom subsidiary Centrgaz will build pipeline through Serbia Russian natural gas company Gazprom announced a Serbian subsidiary will be tasked with building the South Stream natural gas pipeline in the country. ... more

	Industry says it's premature to declare Libyan oil victory Energy industry watchers said Wednesday optimism over the rebound of Libyan oil production should be tempered. ... more		Industrial groups call on Kerry to consent to Keystone XL Keystone XL has been studied longer than any other project of its kind and it's time to start construction, advocates told U.S. Secretary of State John Kerry. ... 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

Iran expecting Russian investments in gas sector		Chevron leaves Lithuanian shale venture behind		EU energy commissioner reviews future of shale natural gas		Federal and tribal energy sales on a steady decline, U.S. says		Energy sector reform in Ukraine needed for more aid, EU says
Algeria envisions joint energy efforts with Tanzania		June banner month for U.S. natural gas production, Platts forecasters say		Iraq risks ebbing from gasoline market, prices falling, AAA says		Greenpeace blocks Chevron's Romanian shale gas site		Maersk taking $1.7 billion loss on Brazilian energy buy

Libyan oil export terminals ready to reopen

Kurdish operations unaffected by Iraqi violence, Oryx Petroelum says

Iran's oil tanker company declares win with sanctions ruling

Harper: Collective efforts showing results one year after Lac-Megantic wreck

Investment outlook good for Turkish sea port, Ceyhan

Total makes strong move in the West of Shetland area

Statoil to increase recovery rate from Oseburg Ost field

Libyan interim prime minister says country's oil crisis is solved

Russian economy could be hurt by falling oil exports

Genel Energy says its oil work in Kurdish north of Iraq secure

Germany could outlaw fracking until 2021: ministers

Greenpeace says LEGO's relationship with Shell is troubling

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

Russia seeks UN ban on Syrian 'terrorist' oil sales

Providence Resources starts Irish seismic surveys

Iraq jihadists 'selling oil to Assad', says France

Free Newsletters - Space - Defense - Environment - Energy

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.