Oil News and Gas News
August 25, 2014
OIL AND GAS
Statoil assessing obstacles to Rosneft relationship
Stavanger, Norway (UPI) Aug 25, 2014
Norwegian energy company Statoil stands by its partners in Russia, though Western sanctions do present some obstacles, the company's top executive said Monday. Rosneft last week announced it started an exploration program in the Barents Sea through a partnership with Statoil. Rosneft was the target of Western economic sanctions imposed in response to the Kremlin's stance on crises in Ukraine. Statoil Chief Executive Officer Helge Lunde said Rosneft is a steady partner, though sanctions h ... read more
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OIL AND GAS

Natural gas pipeline between Iran and Iraq ready for testing
The first stage of a natural gas pipeline connecting Iran to Iraq is ready for testing, the head of an Iranian gas development company said. ... more
OIL AND GAS

Pittsburgh airport host to shale natural gas operation
Local officials in Pennsylvania say there have been few complaints about hydraulic fracturing operations near Pittsburgh International Airport. ... more
OIL AND GAS

Pipeline through Mexico to source U.S. natural gas
French energy company GDF Suez said Monday it started construction on a natural gas pipeline running through Mexico through a partnership with Pemex. ... more
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OIL AND GAS

Iraq's oil exports up 4 percent from June
Iraqi oil exports in July, including oil sent from the Turkish sea port of Ceyhan, were 4 percent higher than the previous month, a marketing company said. ... more


OIL AND GAS

Rosneft inks asset swap with Norwegian drilling company
Russian energy company Rosneft said Friday it signed an agreement to acquire a stake in a Norwegian drilling company in exchange for drilling rigs. ... more
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OIL AND GAS

Scotland wants to replicate Norwegian energy success
An independent Scotland could replicate the success of Norway when it comes to exploiting North Sea oil reserves, the Scottish energy minister said. ... more
OIL AND GAS

July a record-setting month for U.S. oil
Imports of petroleum products into the United States last month were the lowest they've been in 19 years, the American Petroleum Institute said. ... more
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OIL AND GAS

Oil thieves cause pipeline leak, pollute Mexico river
Thieves who tapped an oil pipeline in northern Mexico caused a spill that contaminated the San Juan River, a key irrigation source for farmers, authorities said Thursday. ... more
OIL AND GAS

Maersk Oil to streamline operations at Houston office
Oil services company Maersk Oil said it would diminish its workforce at its office in Houston, though it remains focused on developing deep U.S. waters. ... more
OIL AND GAS

Turkish energy minister says oil work in Iraq idled
Turkish Energy Minister Taner Yildiz called for patience after a state-run energy company suspended drilling operations in Iraq as a security precaution. ... more
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OIL AND GAS

Canada to hear aboriginal concerns over oil pipeline
The Canadian government said it set the schedule to hear concerns from the aboriginal community about expansion of the Trans Mountain oil pipeline. ... more
OIL AND GAS

Turkey secures loans to buy stake in Shah Deniz gas project
State-run Turkish Petroleum Corporation said it secured $1 billion in loan agreements to take on French energy company Total's stake in an Azeri gas project. ... more
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OIL AND GAS

Azeri delegation reviews ties to Iran's energy sector
Azerbaijan said it signed a memorandum of understanding to broaden energy ties in the Iranian oil and natural gas sector. ... more
OIL AND GAS

North Sea platform shut down because of pipeline corrosion
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. ... more
OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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

OIL AND GAS

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
OIL AND GAS

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
Military Space News, Nuclear Weapons, Missile Defense
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
OIL AND GAS

Gazprom Neft schedules oil shipment from arctic peninsula

OIL AND GAS

Shale oil means U.S. oil imports decline, analysis shows

OIL AND GAS

Eni, BP venture gets gas going from offshore Egyptian project

OIL AND GAS

Shale oil 'dividend' could pay for smaller carbon footprint

OIL AND GAS

Energy groups lean on Washington for more offshore access

OIL AND GAS

New Orleans hosts energy auction for Gulf of Mexico

OIL AND GAS

Slovakia considers more work in Ukraine's gas sector

OIL AND GAS

Production gains boost Australian energy company Woodside

OIL AND GAS

Wood Mac: Europe could take page from U.S. shale gas

OIL AND GAS

Iran seeks backers for small-scale LNG developments

Ukraine's Next Crisis? Economic Disaster

EPA on scene leading federal response to Ohio River spill

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

Iran focusing on oil to turn economy around

Iran says gas production up 30 percent year-on-year

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

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