Oil and Gas News

July 24, 2014

Sanctions on Iran keeping investors at bay, EIA report says
Washington (UPI) Jul 23, 2013
International sanctions still inhibit Iran's ability to attract foreign investments to its energy sector, the U.S. Energy Information Administration said. EIA, the statistical arm of the Energy Department, updated its country profile for Iran. The report, published one day after the U.S. Treasury Department said sanctions relief for Iran will continue through November, said investors may face restrictions in Iran's energy sector. "International sanctions continue to affect foreign invest ... read more

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Fire at fracking fluid storage site in North Dakota sparks concerns North Dakota's Health Department said it's surveying air quality near the site of a fire at an industrial park in Williston, the heart of the state's oil patch. ... more		U.S.: Tougher sanctions on Russian energy needed In light of Russia's stance on the crash of the Malaysia Airlines plane, three U.S. Senators said broader sanctions on Russia's energy sector are warranted. ... more		South African advocacy group calls for ban on fracking A South African advocacy group called for a moratorium on hydraulic fracturing operations for natural gas despite support from President Jacob Zuma. ... more
				Town at heart of British shale debate rejects permit A British advocacy group said Wednesday it applauded a decision from a city council at the heart of the country's shale debate to reject a drilling permit. ... more		BHP Billiton: U.S. onshore helps boost oil output Australian natural resources company BHP Billiton said Wednesday onshore operations in the United States helped boost its oil production by 4 percent. ... more

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Rosneft looking at environmental baseline in arctic Russian independent oil producer Rosneft said Wednesday it's working to set an environmental baseline to review as it readies for work in arctic reserves. ... more		Alberta regulator keeps ban in place for steam-injection While potentially safe, the provincial energy regulator in Alberta said it's not ready to lift a ban on a controversial steam-injection method for bitumen. ... 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		Transocean division starts initial public offering Oil services company Transocean said Tuesday a spinoff started its initial public offering, trading on the New York Stock Exchange under ticker symbol RIGP. ... more
				New Arctic disappointment for Norway's Statoil Norway's Statoil has not yet found a viable gas field in the world's northernmost drilling sites, the country's oil industry administrative body said Tuesday, in a new blow for Arctic exploration. ... more		Polish energy company says oil and gas output increasing Oil and natural gas production in Poland increased during the second quarter of the year, state energy company PGNiG said in a Tuesday report. ... more

Putin's economic adviser looking for sanctions relief An adviser to Russian President Vladimir Putin said the government was taking steps to counter the latest round of U.S. sanctions on Russian energy entities. ... more		Mexican Senate approves most of energy sector reform Legislators in the Mexican government signed off on most of the rules meant to open an oil and gas market controlled by a state monopoly. ... 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		LNG exports out of step with low-carbon goals, Sierra Club says U.S. policies on the export of liquefied natural gas are out of step with renewable and climate protection goals, the Sierra Club said. ... more
Brazil approves extension to work in Amazonian energy basin Brazilian independent energy company HRT said it received the government's consent for a two-year extension to a license in the Amazon jungle. ... more		Gazprom said finances still moving despite new U.S. sanctions Russian energy company Gazprom said it's able to settle all of its payments in Russian and foreign currencies in the face of new U.S. sanctions. ... more		Chinese tourists abandon Vietnam after oil rig row 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. ... more		Russia envisions major gas pipeline project for India A Russian gas pipeline along its southern border to India may be among the largest projects of its kind in history, the Russian envoy to New Delhi said. ... more

	Statoil puts Norwegian Sea drilling platform back in service Norwegian energy company Statoil said Monday oil and gas operations have resumed at the Njord A platform in the Norwegian Sea after nearly a year. ... more		Jihadists sell Syrian oil to Iraqi businessmen: NGO The jihadist Islamic State is selling oil and liquid gas products extracted from fields under its control in Syria to Iraqi businessmen across the border, a monitoring group said Monday. ... 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

Oceana frustrated with U.S. decision on Atlantic energy surveys		Shell finds few technological barriers for offshore reserves		Delta Airlines secures Bakken crude oil for its Pa. refinery		PNG LNG project gives lift to Australia's Santos		French company EDF signs LNG deal with Cheniere in Texas
U.S. oil production not yet at parity with imports		OPEC says Asia-Pacific took most of its crude oil last year		Iran's oil exports in line with international agreements		US opens door to East Coast offshore oil and gas drilling		Kremlin brushes off U.S. sanctions on energy sector

Ukraine weathering Russian gas storm, Europe says

Outgoing Gulf Keystone boss praised for Kurdish oil vision

Iraqi Kurds start pumping from seized oilfield: official

Iran says oil exports to Asia in line with contracts

Texas voters to decide on hydraulic fracturing ban

U.S. calls for comprehensive solution to Chinese oil rig row

Claims made by Dana Gas misleading, Kurdish government says

China moves oil rig out of waters claimed by Vietnam

Shell's Gulf discovery first with CNOOC partnership

Oil market enjoys China-inspired gains

War-torn South Sudan gets Chinese weapons delivery

Pirates attack Malaysian tanker in South China Sea

North Dakota calls for federal help in tackling crime

Lebanon scrubs offshore gas auction on revenue disputes

U.S. putting abundance above diversity, IEA warns

Iran sets up committee with Russian energy company Gazprom

Rosneft signs agreement to help sell gas from Amazon jungle

Steam-injection blamed for oil spill at Cold Lake Weapons Range

Oil exports from Yemen curbed after pipeline attack

Oil services company Weatherford keeps 114 rigs after Rosneft deal

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