Oil and Gas News

August 08, 2014

Russia oil exploration sector target of Canadian sanctions
Ottawa (UPI) Aug 7, 2014
Canadian Prime Minister Stephen Harper said new economic pressure on Russia targets technology used for oil exploration and extraction. Harper said he had grave concerns over Russia's provocative military action in eastern Ukraine. Pro-Russian separatists there are suspected of playing a role in the downing of a Malaysia Airlines passenger jet last month, killing all 295 people on board. The prime minister said he was imposing a travel ban on 19 Russian and Ukrainian individuals and econ ... read more

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Aug 07

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Aug 01

More energy exports spell benefits for U.S., API says Outdated trade restrictions are limiting the United States' position as a global energy superpower, the American Petroleum Institute said. ... more		Mexican energy sector opening to private investors Mexican legislators cleared the way to open the nation's energy sector, a move President Enrique Peña Nieto has said is necessary for economic reform. ... more		Baker Hughes shows U.S. leads in active rigs with 1,819 Oil services company Baker Hughes said Thursday there were more rigs actively exploring for oil or gas in the United States than any place else in the world. ... more
				Oil prices gain as US eyes possible action in Iraq US oil prices Thursday rallied from a six-month low following reports that the Obama administration is considering air strikes in Iraq. ... more		Statoil empty-handed after summer Arctic drilling campaign Norwegian group Statoil has failed to find oil during a summer drilling campaign in the remote Norwegian Arctic, it said on Thursday dampening hopes for an oil and gas boom in these northern waters. ... 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

Gulf Keystone Petroleum says Kurdish oil secure Gulf Keystone Petroleum said Thursday its operations in the Kurdish north of Iraq are safe, though precautionary measures are in place. ... more		Pakistan could have first LNG terminal open by year's end Pakistan has cleared the way for more gas imports through key pipeline projects and through liquefied natural gas, the energy minister 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		GDF Suez makes final decision on Cameron LNG facility French energy company GDF Suez said Thursday it made a final investment decision on a liquefied natural gas plant planned for Louisiana. ... more
				Russian billionaire considers who fills energy holes Other Russian energy companies may wade into the European market in the evolving sanctions era, Russian billionaire Gennady Timchenko said. ... more		Frontier Hoop area, ire of Greenpeace, empty for Statoil Norwegian energy company Statoil said Thursday it completed its exploration program in the Hoop area of the Barents Sea after making a small gas discovery. ... more

The Bigger Oil Story Behind the Headlines 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 th ... more		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		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		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		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		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

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

U.S. shale supports strong second quarter for Marathon		Russia sets dates for energy talks with EU		API: Colorado takes right steps with energy		Rights groups blast lack of action on Nigeria oil pollution		Petrol bomb targets drilling campaign in Ireland
Libyan prime minister says oil crisis resolved		Kurds file suit in Texas court over oil parked in Gulf of Mexico		South Pars could provide fuel for neighbors, Iran says		JKX Oil and Gas reviewing options in Ukraine 'carefully'		Inpex Corp. said dredging completed for Australian LNG

Rig tensions focus of ASEAN meeting next weekend

NIST corrosion lab tests suggest need for underground gas tank retrofits

No action from Shell, Nigeria on oil pollution report: Amnesty

Biological fallout of shale-gas production still largely unknown

Five Industries Worried About Peak Oil

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

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