Oil News and Gas News
September 02, 2014
OIL AND GAS
Russia breaks ground on new gas pipeline to China
Moscow (AFP) Sept 01, 2014
Russia launched construction Monday of a 770 billion ruble ($20.8 bn) gas pipeline that will help bring gas from the far east of the country to China. "We are today starting the biggest construction project in the world," President Vladimir Putin said at the ceremonial joining of the first sections of the 3,968-kilometre (2,466-mile) Siberian Strength pipeline outside the eastern Siberian city of Yakutsk. "But it is not about records, it is the fact that it is an extremely important project for ... read more
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OIL AND GAS

Fire at BP refinery could cause regional gas woes
Gasoline prices in the United States should fall by at least 13 cents as demand wanes after the Labor Day holiday, the U.S. Energy Department said. ... more
OIL AND GAS

Oil prices down after weak China, Europe data
Oil prices fell in Asia Tuesday following disappointing manufacturing data out of top energy consumer China as well as Europe and as dealers await fresh US economic figures, analysts said. ... more
OIL AND GAS

Oil dips amid US holiday, China data
Global oil prices slid on Monday in subdued deals before a public holiday in the United States and as dealers digested weak Chinese manufacturing data, analysts said. ... more
OILGASDAILY


OIL AND GAS

Shell files new plan to drill in Arctic
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. ... more


OIL AND GAS

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




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OIL AND GAS

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
OIL AND GAS

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
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OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
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OIL AND GAS

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
OIL AND GAS

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
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OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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

OIL AND GAS

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
OIL AND GAS

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
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

Wood Mackenzie sees good things in Norway

OIL AND GAS

Iran says sanctions hurt South Pars gas developments

OIL AND GAS

IEA boss says U.S. LNG won't change European landscape

OIL AND GAS

Slovakia said to stay on sidelines of Ukrainian energy sector

OIL AND GAS

Long-term gas supplies top Russian, Chinese agenda

OIL AND GAS

Pipeline technology to help Brazil tap pre-salt deposits

OIL AND GAS

Statoil assessing obstacles to Rosneft relationship

OIL AND GAS

Natural gas pipeline between Iran and Iraq ready for testing

OIL AND GAS

Pittsburgh airport host to shale natural gas operation

OIL AND GAS

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

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