Oil News and Gas News
July 30, 2014
OIL AND GAS
Zhou Yongkang: oil man whose well of power finally ran dry
Beijing (AFP) July 29, 2014
Embattled former top Communist Zhou Yongkang rose through China's state oil industry to become the country's internal security chief - and amassed so much power, according to analysts, that he brought about his own downfall. The investigation into him announced Tuesday comes on the back of President Xi Jinping's much-publicised anti-corruption drive, but experts say it is driven more by internal politics within the factionalised ruling party. Zhou, 71, was born in the eastern industrial city of ... read more
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OIL AND GAS

Norwegian oil production up 6 percent from May
Total Norwegian production of oil and associated byproducts was 6 percent higher in June than the previous month, the government said Tuesday. ... more
OIL AND GAS

US ready to seize Kurdish oil from tanker off Texas
US authorities were prepared Tuesday to seize $100 million worth of oil from a tanker anchored off the Texas coast after Iraq's government told a court the oil was taken illegally from the country's Kurdish region. ... more
OIL AND GAS

BP has strong second quarter, but worries over Russia
British energy company BP said Tuesday its second quarter profits soared, but any additional sanctions could impact "strategic objectives in Russia." ... more
OILGASDAILY


OIL AND GAS

Inuit village sues to block oil surveys in Canada's Arctic
A small Inuit village in the Canadian Arctic on Monday sued to block offshore exploration for oil, involving noisy air-cannon surveys it says threaten marine wildlife. ... more


OIL AND GAS

EU counts Algeria as No. 3 gas supplier
Algeria's role as a key supplier of natural gas to Europe should be reviewed given production declines, the European Council on Foreign Relations said Tuesday. ... more
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OIL AND GAS

Libyan oil fire near Tripoli airport continues to burn
Libyan officials said fires at an oil storage site near the airport in the capital city, sparked by violence, continue to burn out of control. ... more
OIL AND GAS

Mid-2015 before Iranian crude oil rebounds, analyst says
It might be mid 2015 before substantial volumes of Iranian crude oil make it to the international market, an analyst at Lloyd's List Intelligence said. ... more
24/7 News Coverage
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
OIL AND GAS

GAO: EPA lacks resources, rules to monitor fracking, water supply
Outdated rules governing drinking water leave the U.S. population at risk to exposure to harmful fracking chemicals, an advocacy group said. ... more
OIL AND GAS

Petrofac clinches $8.5 million Shah Deniz contract
British energy services company Petrofac said Tuesday it won an $8.5 million contract for pipelines tied to the Shah Deniz gas field offshore Azerbaijan. ... more
OIL AND GAS

UN takes aim at Islamist oil grab in Syria, Iraq
The UN Security Council on Monday backed a Russian initiative to bar trade in oil with Islamists in Iraq and Syria. ... more
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OIL AND GAS

U.S. calls for information on reserve potential offshore Alaska
The U.S. government said it was calling for information about the oil and natural gas resource potential in the Beaufort Sea off the northern coast of Alaska. ... more
OIL AND GAS

Optimism high for offshore Senegal
Australian energy company FAR Ltd. said Monday a deep water drilling program slated for Senegal could change the opinion about the country's reserve potential. ... more
Space News from SpaceDaily.com
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
OIL AND GAS

Iran says only it can carry oil to international markets
Iranian vessels are the only ones capable of delivering Iranian crude oil to international customers, an executive at the National Iranian Oil Co. said. ... more
OIL AND GAS

Europe wants more info on Natfogaz ties to Gazprom
A European energy administration agency said Monday the Ukrainian government needs to examine its contractual relationship with Russian energy company Gazprom. ... more
OIL AND GAS

British government bets on shale natural gas
The British government said Monday tapping into the country's shale natural gas reserves could bring substantial economic and environmental benefits. ... more
OIL AND GAS

Slovakian gas transit company says things OK in Ukraine
Slovakian gas transit company Eustream said Friday the state of operations through Ukraine were in line with its expectations. ... more
OIL AND GAS

Statoil may trim as many as 1,400 jobs in cost saving effort
Norwegian energy company Statoil, one of the largest in the world, said Friday it was cutting as many as 1,400 positions in an effort to trim costs. ... more

OIL AND GAS

Japanese PM opens LatAm tour with Mexico energy deals
Japanese Prime Minister Shinzo Abe struck a series of energy deals Friday with Mexican President Enrique Pena Nieto at the start of a five-country Latin American tour. ... more
OIL AND GAS

Most NAFTA trade moves through pipelines, DOT says
Most of the commodities moving across the U.S. border with Canada did so through pipelines, the U.S. Department of Transportation said. ... more
Military Space News, Nuclear Weapons, Missile Defense
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 AND GAS

Iraq says 72.8 million barrels left the country last month

OIL AND GAS

ONEOK investing to increase gas processing capacity

OIL AND GAS

House leader calls on Washington to follow state energy lead

OIL AND GAS

As Russia's Isolation Grows, Oil Companies Caught in Middle

OIL AND GAS

Statoil makes debut in deep Colombian waters

OIL AND GAS

EIA says oil, not natural gas, top source of Russian export revenue

OIL AND GAS

North Dakota wonders if oil train proposals are workable

OIL AND GAS

Iraq oil exports dip after jihadist offensive

OIL AND GAS

European energy chief stumps for energy security plans

OIL AND GAS

Greenpeace stages Chile protest over Shell-Lego deal

Gazprom wants long-term relationship with Kazakhstan

New Zealand solicits comments for draft oil spill response plan

TransCanada says Alberta pipeline will lay solid foundation

Sanctions on Iran keeping investors at bay, EIA report says

Fire at fracking fluid storage site in North Dakota sparks concerns

U.S.: Tougher sanctions on Russian energy needed

South African advocacy group calls for ban on fracking

Town at heart of British shale debate rejects permit

BHP Billiton: U.S. onshore helps boost oil output

Rosneft looking at environmental baseline in arctic

Gazprom said finances still moving despite new U.S. sanctions

Alberta regulator keeps ban in place for steam-injection

Transocean division starts initial public offering

New Arctic disappointment for Norway's Statoil

Polish energy company says oil and gas output increasing

Putin's economic adviser looking for sanctions relief

Mexican Senate approves most of energy sector reform

LNG exports out of step with low-carbon goals, Sierra Club says

Brazil approves extension to work in Amazonian energy basin

Chinese tourists abandon Vietnam after oil rig row

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