Oil and Gas News

August 07, 2014

The Bigger Oil Story Behind the Headlines
Washington DC (SPX) Aug 07, 2014
While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington 'lifting the ban' on crude oil exports, we miss the bigger stories-and we miss the reality. China's relentless resource quest has the greatest impact on trading prices, which may not make for headline news, but is a very important reality, while the stories about the US lifting the crude oil ban were just wrong. Michael Levi, David M. Rubenstein Senior Fellow for Energy and the Envi ... read more

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Aug 06

Aug 05

Aug 04

Aug 01

Jul 31

Parties get behind Colorado energy task force An advocacy group in Colorado said it withdrew initiatives aimed at regulating oil and gas work in response to compromise measures from the state's governor. ... more		Shell starts oil from deep water project in Nigeria Royal Dutch Shell said Wednesday it started oil production from the first well at its deepwater Bonga North West development off the coast of Nigeria. ... more		Lundin Petroleum faced with ongoing delays offshore Norway Swedish energy company Lundin Petroleum said Wednesday it was frustrated with offshore field developments in Norway but expects a rebound in 2015. ... more
				Genel boss Hayward ties oil production to Kurdish exports Oil production from the Kurdish north of Iraq should increase in relation to the level of exports to the international market, Genel Energy said. ... more		Russia, Iran set oil-for-goods contract talks Russia and Iran have agreed to discuss next month a contract for Tehran to export two percent of its annual oil production in apparent circumvention of sanctions imposed over its nuclear drive. ... more

CubeSats, SmallSats and MicroSats

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

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Advocacy group warns of new fracking fallout The backlash against sand used in fracking operations should be a warning to countries looking to replicate North American success, an opposition group said. ... more		Continental Resources sees production rise, but profits fall Continental Resources said Wednesday production from the Bakken reserve area in the Northern Plains increased 23 percent year-on-year, though profits were down. ... 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		Egypt, Iraq boost second quarter profits for Dana Gas Emirati energy company Dana Gas said Wednesday its second quarter profits soared in part because of the 17 percent increase in production. ... more
				U.S. shale supports strong second quarter for Marathon The Eagle Ford and other shale basins in the United States should provide strong momentum for Marathon Oil Corp. going forward, its president said. ... more		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		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		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		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		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

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

NIST corrosion lab tests suggest need for underground gas tank retrofits		Biological fallout of shale-gas production still largely unknown		Five Industries Worried About Peak Oil		No action from Shell, Nigeria on oil pollution report: Amnesty		Texas, Oregon projects cleared for LNG exports
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		U.S. has no ban on sale of oil from Iraq, spokeswoman says

Iraq, Europe, North Sea to boost output for MOL

North Dakota sends $7.8 million to schools struggling with oil boom

Jihadists seize oilfields in clashes with Iraq Kurds

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

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