Oil and Gas News

August 11, 2014

OPEC says Libyan oil production at highest point this year
Vienna (UPI) Aug 8, 2013
Libyan oil production is at its highest level since the beginning of the year, the Organization of Petroleum Exporting Countries said Friday. OPEC said in its latest monthly market report crude oil production from member states averaged 29.9 million barrels per day. Production fell primarily in member states Iraq and Angola, while production increased from Libya and Saudi Arabia. Libyan Prime Minister Abdullah al-Thinni told U.S. Secretary of State John Kerry in Washington his government ... read more

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More crude oil carrying capacity at Edmonton terminal Midstream company Kinder Morgan said it reached a deal to add more crude oil carrying capacity to a rail terminal in Edmonton already under construction. ... more		Genel, others, evacuate non-essential staff from Iraq British energy company Genel Energy said Friday it pulled non-essential staff out of northern Iraq as a safety precaution, though operations are secured. ... more		Failed Statoil campaign a told-you-so for Greenpeace A decision by Statoil to end a campaign in the arctic waters of the Barents Sea shows it never should have drilled there in the first place, Greenpeace said. ... more
				Slow hurricane season good for U.S. energy U.S. forecasters say one of the main drivers of higher fuel prices, hurricanes, should stay away for the remainder of the season. ... more		Thailand's PTTEP signs $72 million exploration deal in Myanmar Thai energy company PTTEP said Friday it signed a production sharing contract for onshore exploration in Myanmar in the nation's capital, Naypyitaw. ... 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

Canadian oil company said oil seepage cleaned from Alberta Cleanup is complete at a bitumen spill site in Alberta and any contamination threat is eliminated, Canadian Natural Resources Ltd. said. ... more		Iran wants to strengthen energy ties with Azerbaijan An Iranian official said Friday during talks in Azerbaijan both sides could work together on energy issues possibly extending into the European economy. ... 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		Russia oil exploration sector target of Canadian sanctions Canadian Prime Minister Stephen Harper said new economic pressure on Russia targets technology used for oil exploration and extraction. ... more
				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		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		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
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		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

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

Lundin Petroleum faced with ongoing delays offshore Norway		Genel boss Hayward ties oil production to Kurdish exports		Russia, Iran set oil-for-goods contract talks		Advocacy group warns of new fracking fallout		Parties get behind Colorado energy task force
Shell starts oil from deep water project in Nigeria		Continental Resources sees production rise, but profits fall		Egypt, Iraq boost second quarter profits for Dana Gas		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

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