Oil News and Gas News
August 05, 2014
OIL AND GAS
NIST corrosion lab tests suggest need for underground gas tank retrofits
Washington DC (SPX) Aug 05, 2014
A hidden hazard lurks beneath many of the roughly 156,000 gas stations across the United States. The hazard is corrosion in parts of underground gas storage tanks-corrosion that could result in failures, leaks and contamination of groundwater, a source of drinking water. In recent years, field inspectors in nine states have reported many rapidly corroding gas storage tank components such as sump pumps. These incidents are generally associated with use of gasoline-ethanol blends and the presence of ... read more
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OIL AND GAS

Biological fallout of shale-gas production still largely unknown
In the United States, natural-gas production from shale rock has increased by more than 700 percent since 2007. Yet scientists still do not fully understand the industry's effects on nature and wild ... more
OIL AND GAS

Five Industries Worried About Peak Oil
The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated estimates now range between 2020 and 2030. But ... more
OIL AND GAS

No action from Shell, Nigeria on oil pollution report: Amnesty
Nigeria and Shell have done almost nothing to ease oil pollution in the Ogoniland area of the Niger Delta, three years after a landmark UN report called for a $1 billion dollar clean-up, Amnesty International said Monday. ... more
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OIL AND GAS

U.S. has no ban on sale of oil from Iraq, spokeswoman says
There is no ban in the United States on the sale or transfer of oil from any part of Iraq, a spokeswoman for the U.S. State Department said. ... more


OIL AND GAS

Iraq, Europe, North Sea to boost output for MOL
Hungarian energy company MOL said Friday it had a good first half of the year and expected higher production levels from Iraq and the North Sea. ... more
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Startup in the Land of the Rising Sun; A Japanese Solar Venture - by Bradley L. Bartz



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OIL AND GAS

North Dakota sends $7.8 million to schools struggling with oil boom
The North Dakota government said it awarded $7.8 million to school districts struggling to cope with the growth from oil and gas development in the state. ... more
OIL AND GAS

Jihadists seize oilfields in clashes with Iraq Kurds
Islamic State jihadist fighters seized two small oilfields in northern Iraq on Saturday after a fierce battle with Kurdish peshmerga forces, Kurdish officials 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

Texas, Oregon projects cleared for LNG exports
A facility along the Texas coast was cleared for exports of liquefied natural gas sourced from domestic supplies, the Federal Energy Regulatory Commission said. ... more
OIL AND GAS

Eni makes first entry into Myanmar
Italian energy company Eni said it signed two production sharing contracts for exploration in Myanmar, its first such deal in the Asian country. ... more
OIL AND GAS

Gas blasts tear through Taiwan city, kill 25
A series of powerful gas blasts killed at least 25 people and injured up to 267 Friday in the southern Taiwanese city of Kaohsiung, overturning cars and ripping up roads as terrified residents fled an inferno. ... more
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OIL AND GAS

Shell says it's weighing next steps with Woodside holdings
Royal Dutch Shell said Friday it was reviewing its options regarding its shares in Australian energy company Woodside after a rejected buy-back bid. ... more
OIL AND GAS

New catalyst converts carbon dioxide to fuel
Scientists from the University of Illinois at Chicago have synthesized a catalyst that improves their system for converting waste carbon dioxide into syngas, a precursor of gasoline and other energy ... 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

Second quarter strong, but Shell's boss wants even more
Though second quarter performance was better for Royal Dutch Shell, its top director said Thursday he wanted even better results going forward. ... more
OIL AND GAS

Russian cries foul over latest ruling on Yukos
The European court system was unfair in its ruling against defunct Russian oil company Yukos, the Russian Justice Ministry said Thursday. ... more
OIL AND GAS

Oxy offsets overseas woes with U.S. success
Occidental Petroleum Corp. said Thursday oil production from U.S. assets increased during the second quarter, marking a year-long streak. ... more
OIL AND GAS

.D. Gov. Dalrymple boasts of gas processing momentum
An agreement from ONEOK Partners to build a natural gas processing plant in North Dakota helps the state reduce flaring, the state's governor said. ... more
OIL AND GAS

Conoco looks to North America, Libya still out of service
Conoco Phillips said Thursday it saw a strong growth in production from North American shale, but Libyan operations remained shut in for the company. ... more

OIL AND GAS

Rosneft signs drilling contract for North Atlantic waters
Russian oil company Rosneft said it signed a $4.25 billion deal to secure drilling rigs from North Atlantic Drilling Ltd. for work in harsh offshore areas. ... more
OIL AND GAS

Eni second quarter profits roughly double year-on-year
Italian energy company Eni said Thursday it doubled its net profit during the second quarter despite a poor market environment in the European refining sector. ... 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

BG Group says Egyptian LNG operations at risk

OIL AND GAS

U.S. calls for information on reserve potential offshore Alaska

OIL AND GAS

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

OIL AND GAS

API sets standards for offshore oil spill response

OIL AND GAS

Cuadrilla Resources rolls out public relations campaign

OIL AND GAS

Hess to launch IPO to back Bakken ambitions

OIL AND GAS

Steps taken to cut methane leaks from gas sector

OIL AND GAS

Kurdish government defends right to sell oil

OIL AND GAS

Africa-focused Tullow upbeat despite second-quarter loss

OIL AND GAS

Rosneft may suspend some projects because of sanctions

Canadian newspaper says Alberta oil spill info delayed

Impact of Deepwater Horizon on coral deeper than predicted

Norwegian oil production up 6 percent from May

US ready to seize Kurdish oil from tanker off Texas

BP has strong second quarter, but worries over Russia

Inuit village sues to block oil surveys in Canada's Arctic

EU counts Algeria as No. 3 gas supplier

Libyan oil fire near Tripoli airport continues to burn

Mid-2015 before Iranian crude oil rebounds, analyst says

GAO: EPA lacks resources, rules to monitor fracking, water supply

Petrofac clinches $8.5 million Shah Deniz contract

UN takes aim at Islamist oil grab in Syria, Iraq

Optimism high for offshore Senegal

Iran says only it can carry oil to international markets

Europe wants more info on Natfogaz ties to Gazprom

British government bets on shale natural gas

Slovakian gas transit company says things OK in Ukraine

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

Japanese PM opens LatAm tour with Mexico energy deals

Iraq says 72.8 million barrels left the country last month

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