Oil and Gas News

August 22, 2014

North Sea platform shut down because of pipeline corrosion
Stavanger, Norway (UPI) Aug 21, 2014
Norwegian energy company Statoil said it shut down its Troll platform in the North Sea after encountering a corroded pipeline at an oil export system. The company said it encountered a corroded pipe on the Troll C platform's export system following a routine inspection. The Troll C platform pulls around 58,000 barrels of oil per day from the Fram field in the North Sea, in addition to natural gas exports of around 280 million cubic feet per day. The company said Wednesday it would take a ... read more

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Aug 15

Oil spill in North Dakota reported near Canadian border The government of North Dakota said it was responding to the spill of oil from a broken pipeline in the northern part of the state near the Canadian border. ... more		U.S. sells acreage off Texas coast to energy companies An auction for acreage in the western Gulf of Mexico drew more than $100 million in high bids from energy companies, the Interior Department said. ... more		Norway's DNO stands ground in Kurdish north Norwegian energy company DNO said Thursday it remains committed to work in the Kurdish north of Iraq, despite evolving security concerns. ... more
				Iraq troubled by alleged financing from oil for terrorists The Iraqi government said Wednesday it was troubled by the alleged sale of crude oil from parts of the country under the control of a Sunni terrorist group. ... more		EIA: Gasoline prices falling across the nation Nearly across the board, the average price for a gallon of regular unleaded gasoline in the United States is still falling, the U.S. Energy Department said. ... 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

Gazprom Neft schedules oil shipment from arctic peninsula Russian oil company Gazprom Neft said Thursday it scheduled an oil shipment from a northern arctic port to European consumers by using a sea tanker. ... more		Energy groups lean on Washington for more offshore access The federal government is called on to open all U.S. territorial waters to offshore drilling because of improved safety measures, energy groups 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		Shale oil means U.S. oil imports decline, analysis shows Oil production from shale basins in North Dakota and Texas are the primary reason for a decline in U.S. oil imports, data published Thursday show. ... more
				New Orleans hosts energy auction for Gulf of Mexico More than 20 million acres off the coast of Texas were opened up for bidding for energy explorers Wednesday in New Orleans, the U.S. government said. ... more		Eni, BP venture gets gas going from offshore Egyptian project Italian energy company Eni said Thursday it started natural gas production from a project in Egypt through a partnership with BP. ... more

Production gains boost Australian energy company Woodside Australian energy company Woodside Petroleum said Wednesday its second half performance was boosted by strong production gains from international assets. ... more		Shale oil 'dividend' could pay for smaller carbon footprint Unanticipated economic benefits from the shale oil and gas boom could help offset the costs of substantially reducing the U.S.'s carbon footprint, Purdue agricultural economists say. Wally Tyn ... 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		Ukraine's Next Crisis? Economic Disaster Ukraine's next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector ... more
EPA on scene leading federal response to Ohio River spill The U.S. Environmental Protection Agency said it's serving as the federal coordinator for response to the Monday spill of diesel fuel into the Ohio River. ... more		Slovakia considers more work in Ukraine's gas sector Slovakia and Ukraine have laid the preliminary groundwork for a long future in the natural gas sector, the Slovakian minister of economy said from Kiev. ... more		Wood Mac: Europe could take page from U.S. shale gas Europe may be on the cusp of developing a shale natural gas sector that could mimic the expansion in the United States, analysis from Wood Mackenzie finds. ... more		Iran seeks backers for small-scale LNG developments An Iranian official said Wednesday to expect a call to investors to help back the development of small-scale liquefied natural gas facilities in two months. ... more

	Iran focusing on oil to turn economy around 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. ... more		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

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

A new look at what's in 'fracking' fluids raises red flags		Foam favorable for oil extraction		Russia readies for construction of gas pipeline to China		Bulgaria suspends role in South Stream gas pipeline		Norway's leader on hand to open new North Sea oil platform
Lukoil ships first batch of oil from Iraq's West Qurna field		Cairn bold going forward but hurt so far		Eni moving quickly on developing Gabon's gas reserves		China sidelining coal through more natural gas consumption		Pemex keeps grip on proven Mexican oil reserves

U.S. oil production gains can't support lower gasoline prices

Scotland: Economic prowess may lie in offshore reserves

Advocacy group questions Keystone XL data

Predicting fracking policy

Gas from Slovakia sent to Ukraine in reverse-flow test

Apache says it's made major oil discovery offshore Australia

Rosneft, Statoil start work in 'harsh' arctic climate

MOL signs development plan for Kurdish energy

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

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