Oil News and Gas News
July 31, 2014
OIL AND GAS
API sets standards for offshore oil spill response
Washington (UPI) Jul 30, 2013
The American Petroleum Institute said its new standard for equipment used in an emergency response to an oil spill resets the bar. API Director of Standards David Miller said enhanced standards are a necessary part of the industry's efforts to coordinate with regulators on offshore oil and natural gas development. "These guidelines will further strengthen subsea spill response capabilities as part of industry's commitment to continuous improvement in safety," he said in a statement Tuesd ... read more
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OIL AND GAS

Cuadrilla Resources rolls out public relations campaign
British shale gas pioneer Cuadrilla Resources said Wednesday it's confident it can kick-start a new industry in the country in a safe manner. ... more
OIL AND GAS

Hess to launch IPO to back Bakken ambitions
Hess Corp. said Wednesday it would use a new corporate structure to support its growth objectives in the Bakken oil reserve area of North Dakota. ... more
OIL AND GAS

Steps taken to cut methane leaks from gas sector
The Sierra Club said Energy Department steps to reduce methane emissions tied to the natural gas sector are vital tools in the fight against climate change. ... more
OILGASDAILY


OIL AND GAS

Kurdish government defends right to sell oil
The federal government of Iraq can't win its claims in the U.S. court system against Kurdish oil exports, the Kurdish natural resources minister said Wednesday. ... more


OIL AND GAS

Africa-focused Tullow upbeat despite second-quarter loss
Tullow Oil said Wednesday it was in a good position to end 2014 on a high note because of strong production gains in Africa despite poor financial results. ... more
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OIL AND GAS

Rosneft may suspend some projects because of sanctions
Russian oil company Rosneft said it may have to postpone some projects because of "volatility" associated with economic sanctions. ... more
OIL AND GAS

Canadian newspaper says Alberta oil spill info delayed
Files obtained from the Canadian government show there was a push to delay publication of information about an Alberta oil spill, a newspaper 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

Zhou Yongkang: oil man whose well of power finally ran dry
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. ... more
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
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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
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
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

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
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
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
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
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

Optimism high for offshore Senegal

OIL AND GAS

Iran says only it can carry oil to international markets

OIL AND GAS

Europe wants more info on Natfogaz ties to Gazprom

OIL AND GAS

British government bets on shale natural gas

OIL AND GAS

Slovakian gas transit company says things OK in Ukraine

OIL AND GAS

Statoil may trim as many as 1,400 jobs in cost saving effort

OIL AND GAS

Japanese PM opens LatAm tour with Mexico energy deals

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

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

Statoil makes debut in deep Colombian waters

Most NAFTA trade moves through pipelines, DOT says

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

North Dakota wonders if oil train proposals are workable

Iraq oil exports dip after jihadist offensive

European energy chief stumps for energy security plans

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

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