Oil and Gas News

August 20, 2014

Iran focusing on oil to turn economy around
Tehran (UPI) Aug 18, 2014
An economic adviser to Iranian President Hassan Rouhani said developing the oil and gas industries could pull the nation's economy back from the brink. An April report from the International Monetary Fund said inflation and unemployment are both high in the Iranian economy and the outlook was "highly uncertain." Constraints on oil revenues as a result of Western economic pressure means the Iranian economy is expected to continue contracting at least through the rest of this year, the bank said. ... read more

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Aug 19

Aug 18

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Aug 13

Iran says gas production up 30 percent year-on-year Iran said Tuesday natural gas production is on the rise and on pace to reach 35 billion cubic feet in the next three years with help from the South Pars field. ... more		Russia readies for construction of gas pipeline to China Construction on a natural gas pipeline meant to feed the Chinese market is set for the beginning of September, a Russia official said Tuesday. ... more		Bulgaria suspends role in South Stream gas pipeline The Bulgarian government said it was suspending all actions related to the planned Russian natural gas pipeline, South Stream, because of European rules. ... more
				Norway's leader on hand to open new North Sea oil platform Norwegian oil company Statoil said Tuesday the nation's prime minister attended a ceremony for the launch of its first new regional oil platform in nine years. ... more		Lukoil ships first batch of oil from Iraq's West Qurna field Russian oil company Lukoil said Tuesday a tanker loaded with crude oil taken from the West Qurna project in Iraq has left the southern port city of Basra. ... 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

Cairn bold going forward but hurt so far Cairn Energy said Tuesday its development projects are funded through 2017 but cutting administrative costs means a reduction in its work force. ... more		Gas from Slovakia sent to Ukraine in reverse-flow test The Ukrainian government confirmed Monday testing was under way for the reversal of gas flows from Slovakia to Ukraine. ... 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		Apache says it's made major oil discovery offshore Australia U.S. energy explorer Apache Corp. said Monday it may have discovered one of the more promising finds in years in a basin off the coast of Australia. ... more
				Rosneft, Statoil start work in 'harsh' arctic climate Russian oil company Rosneft said Monday it started an exploration program in the Barents Sea with Norwegian energy company Statoil. ... more		Scotland: Economic prowess may lie in offshore reserves Scottish Energy Minister Fergus Ewing said offshore energy reserves could be a cornerstone of a new economic model moving forward. ... more

Advocacy group questions Keystone XL data An advocacy group said Monday it filed a request for information from the U.S. State Department on its assessment of the planned Keystone XL oil pipeline. ... more		Predicting fracking policy Hydraulic fracturing is emerging as one of the primary methods of drilling for natural gas, yet is equally controversial in its potential to induce harm to humans and the environment. The unce ... 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		A new look at what's in 'fracking' fluids raises red flags As the oil and gas drilling technique called hydraulic fracturing (or "fracking") proliferates, a new study on the contents of the fluids involved in the process raises concerns about several ingred ... more
Foam favorable for oil extraction A Rice University laboratory has provided proof that foam may be the right stuff to maximize enhanced oil recovery (EOR). In tests, foam pumped into an experimental rig that mimicked the flow paths ... more		Eni moving quickly on developing Gabon's gas reserves Italian energy company Eni said Monday it updated the government of Gabon on emerging commercial prospects of offshore natural gas reserves. ... more		China sidelining coal through more natural gas consumption China is making strides with its efforts to use more natural gas in place of coal, a report Monday from the U.S. Energy Information Administration said. ... more		Pemex keeps grip on proven Mexican oil reserves Reforms give Pemex the right to most proven oil reserves, but private firms can compete for the bulk of the possible reserves, the Mexican government said. ... more

	U.S. oil production gains can't support lower gasoline prices The rise in U.S. crude oil production hasn't translated to cheap gasoline because output isn't universal and energy markets are global, a market analyst said. ... more		MOL signs development plan for Kurdish energy Hungarian energy company MOL said it agreed on a development plan to pull reserves from the Arki-Bijeel area in the Kurdish north of Iraq. ... 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

India on pace to run an energy deficit, EIA finds		CNPC vetting subsidiaries for corruption		Spain's Canary Islands fume over oil exploration		Huge turret sets sail for Shell's mega floating gas facility		Greenpeace advised against Barents Sea drilling
3Legs Resources ready for test production from Polish shale		Human Rights Watch wants Baku sidelined from EITI		Trilateral European talks to focus on energy security		Vitol forms downstream business entity in Australia		Production from Utica shale at healthy clip, EIA says

EU gas production in track to decline, Russian report says

New England heating fuel supplies bolstered

Oil services company Schlumberger latest to fret over Russia

U.S. on pace to approach record level of oil production

On balance, Germany energy company E.ON did well

French bank tasked with helping unload Citgo

China's oil imports account for more than half of supplies

Canada-US pipeline may spark more emissions than expected: study

ONGC Videsh signs production sharing contracts in Myanmar

Dalrymple leans on Washington for safer oil delivery

Economic rebound should cause oil demand to rise, IEA says

Difficult security situation in Yemen, Libya hurt OMV

Iran says erasing sanctions would provide global benefits

Moscow continues to cry foul over Yukos ruling

Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax

Abu Dhabi National Energy halts work in Iraq

Rosneft, Exxon start work in arctic waters of Kara Sea

Chad scraps Chinese oil permits over alleged environmental violations

Russia's Bashneft signs on as operator at Myanmar oil block

Russian media suggest gas talk schedules under review

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