Oil and Gas News

August 06, 2014

U.S. shale supports strong second quarter for Marathon
Houston (UPI) Aug 5, 2013
The Eagle Ford and other shale basins in the United States should provide strong momentum for Marathon Oil Corp. going forward, its president said. Marathon issued its second quarter report showing an adjusted net income of $603 million, up from the $478 million reported for second quarter 2013. Apart from Libya, where production is down because of lingering violence, Marathon said its production was up more than 5 percent for the quarter for an average 383,000 barrels of oil equivalent ... read more

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Russia sets dates for energy talks with EU Members from the European Union are expected to meet with Russian Energy Minister Alexander Novak at the end of August, the Kremlin said Tuesday. ... more		API: Colorado takes right steps with energy Despite some outside reservations, the energy industry said Colorado has the right regulations in place for oil and gas development. ... more		Rights groups blast lack of action on Nigeria oil pollution 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 clean-up, rights groups said Monday. ... more
				Petrol bomb targets drilling campaign in Ireland An energy company planning to drill for shale natural gas in Northern Ireland said the home of one of its workers was bombed. ... more		Libyan prime minister says oil crisis resolved The Libyan government has managed to resolve its oil crisis and all ports are in operation, the Libyan prime minister said from Washington. ... more

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Startup in the Land of the Rising Sun; A Japanese Solar Venture - by Bradley L. Bartz

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Kurds file suit in Texas court over oil parked in Gulf of Mexico The Kurdish government in Iraq said Tuesday it filed a motion in a Texas court to lift restrictions on a cargo of its oil parked off the coast of Galveston. ... more		South Pars could provide fuel for neighbors, Iran says Iran is in a good position to provide fuel oil and diesel to its immediate neighbors and will reap the benefits in return, an executive director 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		JKX Oil and Gas reviewing options in Ukraine 'carefully' Emergency budget legislation enacted by the Ukrainian government means a new tax burden needs careful review, JKX Oil and Gas said Monday. ... more
				Inpex Corp. said dredging completed for Australian LNG Japanese energy company Inpex Corp. said Monday it completed dredging a channel in an Australian harbor for servicing the liquefied natural gas industry. ... more		Rig tensions focus of ASEAN meeting next weekend China's positioning of a rig in disputed waters of the South China Sea raises questions about its territorial commitments, a senior U.S. diplomat said. ... more

NIST corrosion lab tests suggest need for underground gas tank retrofits 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 fail ... more		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		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		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
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		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		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		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

	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		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

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

Eni makes first entry into Myanmar		Gas blasts tear through Taiwan city, kill 25		Shell says it's weighing next steps with Woodside holdings		New catalyst converts carbon dioxide to fuel		Conoco looks to North America, Libya still out of service
Rosneft signs drilling contract for North Atlantic waters		Eni second quarter profits roughly double year-on-year		BG Group says Egyptian LNG operations at risk		Second quarter strong, but Shell's boss wants even more		Russian cries foul over latest ruling on Yukos

Oxy offsets overseas woes with U.S. success

.D. Gov. Dalrymple boasts of gas processing momentum

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

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

API sets standards for offshore oil spill response

Cuadrilla Resources rolls out public relations campaign

Hess to launch IPO to back Bakken ambitions

Steps taken to cut methane leaks from gas sector

Kurdish government defends right to sell oil

Africa-focused Tullow upbeat despite second-quarter loss

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

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