Oil and Gas News

July 16, 2014

Steam-injection blamed for oil spill at Cold Lake Weapons Range
Calgary, Alberta (UPI) Jul 15, 2013
Canadian Natural Resources Ltd. said a steam-injection practice at an oil extraction site in Alberta may have led to major oil spill there last year. More than 12,000 barrels of bitumen, the viscous form of oil found primarily in Alberta, seeped from the company's exploration areas near the Cold Lake Air Weapons Range in Alberta last year. The company initially said legacy issues at the site may have led to the incident. In a 92-page report, released to the public Tuesday, the company sa ... read more

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Lebanon scrubs offshore gas auction on revenue disputes Lebanon's government postponed an offshore natural gas auction after rancor erupted Tuesday over the amount of revenue Beirut would get from energy companies. ... more		U.S. putting abundance above diversity, IEA warns Energy security is more about diversity than abundance in any one particular resource, the head of the IEA warned the United States. ... more		Iran sets up committee with Russian energy company Gazprom The Iranian government said a joint working group may be set up with Russian natural gas company Gazprom in an effort to broaden bilateral relations. ... more
				Rosneft signs agreement to help sell gas from Amazon jungle Russian energy company Rosneft said it signed agreements with its Brazilian counterparts to help sell natural gas locked in the Amazon forest. ... more		Oil services company Weatherford keeps 114 rigs after Rosneft deal Oil services company Weatherford International said most of its rigs are positioned in the Middle East after selling off some of its assets to Russia's Rosneft. ... more

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Russia to help Cuba wean itself from oil imports Russian President Vladimir Putin said at the conclusion of a regional visit his government would help Cuba's state oil company develop offshore reserves. ... more		Whiting Petroleum says it's the biggest player in Bakken, Three Forks Whiting Petroleum Corp. said its acquisition of Kodiak Oil & Gas Corp. creates the largest producer in the Bakken and Three Forks region of North Dakota. ... 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		Kurdish action against oil fields irresponsible, Baghdad says The Iraqi Oil Ministry said it denounced the takeover of two key crude oil production facilities by Kurdish military forces in the north of the country. ... more
				Israel to gain geopolitical leverage with offshore gas Israel will be able to reap the benefits of energy independence through growing gas reserves at the offshore Leviathan gas field, a development executive said. ... more		Iranian crude oil tankers still restricted by sanctions, director says Iranian crude oil tankers are still restricted by international sanctions because of problems with insurance coverage, an official said Monday. ... more

Oil exports from Yemen curbed after pipeline attack The Yemeni Oil Ministry said restive tribesmen in Marib province attacked an oil pipeline, cutting exports to a Red Sea terminal. ... more		Dana Gas claims victory in arbitration case against Kurdistan Regional Government Emirati energy company Dana Gas said it should start receiving payments from the Kurdish government in Iraq after winning a case in an international court. ... 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		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
IEA: Oil production from OPEC members stable Lower oil production from Iraq was offset by gains elsewhere from members of OPEC, the International Energy Agency said Friday. ... more		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

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

Chevron credits Permian Basin with increased output		Africa Petroleum Corp. assessing oil potential offshore Sierra Leone		Maverick Synfuels and Petrostar Form Maverick Northstar JV		Gas exports, aid takes centre-stage as Abe visits PNG		Permian beats Bakken as top oil production shale basin
OPEC expecting uptick in global economy		Kurdish government of Iraq says it will take legal action against oil buyers		Gazprom Chairman Alexei Miller leads delegation to Croatia		Scientists say BP oil spill to blame for fish lesions in Gulf		U.S. on pace to break 40-year oil production record

Gazprom subsidiary Centrgaz will build pipeline through Serbia

Industry says it's premature to declare Libyan oil victory

Industrial groups call on Kerry to consent to Keystone XL

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

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