Oil and Gas News

September 01, 2014

Shell files new plan to drill in Arctic
New York (AFP) Aug 29, 2014
Royal Dutch Shell has submitted a new plan for drilling in the Arctic offshore Alaska, more than one year after halting its program following several embarrassing mishaps. The plan to drill two new wells in the potentially oil-rich but environmentally sensitive region in the summer of 2015 is not a final decision, the company stressed. "If we drill in 2015, the program will consist of two drilling rigs working simultaneously at Shell's Burger prospect in the Chukchi Sea," spokesman Curtis Smith ... read more

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Russia to accept foreign currencies for oil payments Russian oil company Gazprom Neft said it agreed Wednesday to accept rubles and the Chinese yuan for crude oil deliveries. ... more		Russia offers energy assurances to Europe Russian Energy Minister Alexander Novak said he was standing by European energy needs despite the ongoing turmoil in Ukraine. ... more		Benteck says gas demand could drive prices higher Emerging and recovering demand for natural gas in North American could translate to an end to the era of cheap energy resources, a forecast shows. ... more
				Exxon agrees to $1.4 million oil spill settlement ExxonMobil Pipeline Co. agreed to pay $1.4 million to resolve issues stemming from a 2012 oil spill in Louisiana, the Justice Department said. ... more		Wintershall pegs energy future to offshore Norway Norway will serve as a cornerstone of the future energy security needs of the European economy, a top executive at German energy company Wintershall said. ... more

Startup in the Land of the Rising Sun; A Japanese Solar Venture - by Bradley L. Bartz

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Marcellus shale drawing major investments The Marcellus shale natural gas play is expected to draw in more than $100 billion in investments from operators, Wood Mackenzie says. ... more		Texas ruling on oil boost of confidence, Kurds say A Texas court ruling to dismiss an order to seize Kurdish oil parked off the U.S. coast should give potential buyers confidence, the Kurdish government 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		Jihadists burn 3 Iraq oil wells as Kurds launch attack Retreating jihadists set three wells ablaze at a northern Iraq oil field Thursday as they battled Kurdish forces who launched a major attack nearby, officials said. ... more
				Texas regulator assessing fracking as an earthquake trigger A Texas energy regulator said it was reviewing industry practices for hydraulic fracturing brought into question after a series of seismic events in the state. ... more		ONEOK starts operation at N.D. gas processing plant Energy company ONEOK Partners said it started operations at a gas processing plant in North Dakota capable of processing 100 million cubic feet per day. ... more

Nanoparticle research could enhance oil recovery, tracing of fracking fluid Two Colorado State University researchers are examining how nanoparticles move underground, knowledge that could eventually help improve recovery in oil fields and discover where hydraulic fracking ... more		Kinder Morgan moves out of anti-trust scrutiny Pipeline company Kinder Morgan Inc. said it was cleared by the U.S. government to consolidate its operations under a single banner. ... 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 posts gas find in deep Malaysia waters Royal Dutch Shell said Tuesday its second major natural gas discovery off the coast of Malaysia underpins its strategy to develop a clean energy future. ... more
Mexican energy reforms to yield production growth Mexican energy sector reforms are expected to yield growth in long-term production trends, analysis from the U.S. Energy Department said. ... more		Global security issues spare oil, AAA says While geopolitical tensions are high, the impact on international oil markets is minimal and gas prices in the United States keep moving lower, AAA said. ... more		Wood Mackenzie sees good things in Norway The Norwegian government could pull in $84 billion in taxes from the natural reserves yet to be developed in its territory, analysis from Wood Mackenzie finds. ... more		Iran says sanctions hurt South Pars gas developments Sanctions targeting the Iranian energy sector have curtailed development of the South Pars natural gas field, the Iranian energy minister said Tuesday. ... more

	IEA boss says U.S. LNG won't change European landscape Liquefied natural gas sent from North America to European markets likely won't make much of a regional difference, the director of the IEA said from Norway. ... more		Slovakia said to stay on sidelines of Ukrainian energy sector Russian media reports Tuesday it was told by a Slovakian energy company it won't play a role in management of Ukraine's gas transit system. ... 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

Long-term gas supplies top Russian, Chinese agenda		Pipeline technology to help Brazil tap pre-salt deposits		Statoil assessing obstacles to Rosneft relationship		Natural gas pipeline between Iran and Iraq ready for testing		Pittsburgh airport host to shale natural gas operation
Pipeline through Mexico to source U.S. natural gas		Iraq's oil exports up 4 percent from June		Rosneft inks asset swap with Norwegian drilling company		July a record-setting month for U.S. oil		Oil thieves cause pipeline leak, pollute Mexico river

Maersk Oil to streamline operations at Houston office

Turkish energy minister says oil work in Iraq idled

Canada to hear aboriginal concerns over oil pipeline

Turkey secures loans to buy stake in Shah Deniz gas project

Azeri delegation reviews ties to Iran's energy sector

North Sea platform shut down because of pipeline corrosion

Iraq troubled by alleged financing from oil for terrorists

Scotland wants to replicate Norwegian energy success

EIA: Gasoline prices falling across the nation

Gazprom Neft schedules oil shipment from arctic peninsula

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

Eni, BP venture gets gas going from offshore Egyptian project

Shale oil 'dividend' could pay for smaller carbon footprint

Oil spill in North Dakota reported near Canadian border

U.S. sells acreage off Texas coast to energy companies

Norway's DNO stands ground in Kurdish north

Energy groups lean on Washington for more offshore access

New Orleans hosts energy auction for Gulf of Mexico

Slovakia considers more work in Ukraine's gas sector

Production gains boost Australian energy company Woodside

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