Oil and Gas News

July 21, 2014

Chinese tourists abandon Vietnam after oil rig row
Hanoi (AFP) July 20, 2014
For years Nguyen Huu Son has guided Chinese tourists around Vietnam's popular coastal city Danang, but a bitter maritime dispute between Hanoi and Beijing means he is now out of work. Relations between the communist neighbours plunged to their lowest point in decades when Beijing moved a deep-sea oil rig into disputed waters in the South China Sea in early May, triggering deadly riots in Vietnam. The rig has since been withdrawn. But the Chinese tourists have not returned. "It's never been t ... read more

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Kremlin brushes off U.S. sanctions on energy sector The Kremlin is taking a "placid" posture over U.S. sanctions that reach into the energy sector, Russia's deputy foreign minister said Thursday. ... more		Ukraine weathering Russian gas storm, Europe says Some of the proposals offered to break the Russian grip on the Ukrainian energy sector are working, a top European official said Thursday in Brussels. ... more		Outgoing Gulf Keystone boss praised for Kurdish oil vision The outgoing executive director at Gulf Keystone Petroleum, Todd Kozel, was a visionary in his efforts in the Kurdish north of Iraq, a director said Thursday. ... more
				Iraqi Kurds start pumping from seized oilfield: official Iraq's autonomous region of Kurdistan on Thursday pumped an experimental 20,000 barrels of light crude from an oilfield recently seized from the federal authorities, an official said. ... more		Iran says oil exports to Asia in line with contracts Any declines in Iranian oil exports are normal, though supplies to Asian economies are in line with contractual obligations, an executive said. ... more

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Texas voters to decide on hydraulic fracturing ban The city of Denton could become the first in Texas to ban hydraulic fracturing outright after officials said the issue should be decided on the November ballot. ... more		U.S. calls for comprehensive solution to Chinese oil rig row The row between China and Vietnam over an oil rig in contested waters highlights the need to find a solution in international law, the U.S. government 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		China moves oil rig out of waters claimed by Vietnam China has withdrawn an oil rig from contested waters a month earlier than initially expected after its presence set off deadly protests in Vietnam - a move welcomed in Washington. ... more
				War-torn South Sudan gets Chinese weapons delivery The government in civil war-torn South Sudan has taken delivery of new Chinese arms including anti-tank missiles, grenade launchers and assault rifles, the country's defence minister confirmed Wednesday. ... more		Pirates attack Malaysian tanker in South China Sea Pirates have attacked a Malaysian tanker and stolen the gas oil cargo before releasing it in the latest attack in Southeast Asian waters, officials said on Wednesday. ... more

North Dakota calls for federal help in tackling crime More federal drug enforcement agents are needed in western North Dakota, the heart of the state's oil boom, Sen. John Hoeven said. ... more		Claims made by Dana Gas misleading, Kurdish government says The Kurdistan Regional Government of Iraq said Wednesday it was upset with arbitration statements made by Emirati energy company Dana Gas. ... 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		Shell's Gulf discovery first with CNOOC partnership A discovery in the deep waters of the Gulf of Mexico is the first for a partnership that includes a spinoff of China's state oil company, Shell announced. ... more
Oil market enjoys China-inspired gains Global oil prices rebounded on Wednesday as traders seized on news of stronger-than-expected economic growth in top energy consumer China. ... more		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		Steam-injection blamed for oil spill at Cold Lake Weapons Range 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

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

Oil exports from Yemen curbed after pipeline attack		Oil services company Weatherford keeps 114 rigs after Rosneft deal		Russia to help Cuba wean itself from oil imports		Whiting Petroleum says it's the biggest player in Bakken, Three Forks		Kurdish action against oil fields irresponsible, Baghdad says
Israel to gain geopolitical leverage with offshore gas		Iranian crude oil tankers still restricted by sanctions, director says		Dana Gas claims victory in arbitration case against Kurdistan Regional Government		Oklahoma quakes induced by wastewater injection		IEA: Oil production from OPEC members stable

Major oil discovery confirmed in Norwegian Sea

LEGO called on to rethink relationship with Shell

Iraq Kurds claim oilfields as bombings kill 28

NRDC: EPA decision on HFCs could bring major benefits

Halliburton in fracking joint venture in China

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

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