Oil and Gas News

September 03, 2014

Statoil announces full return to In Amenas in Algeria
Stavanger, Norway (UPI) Sep 2, 2014
Norwegian energy company Statoil said it was ready to return to work in Algeria more than a year after terrorists stormed a gas facility there. Terrorists sympathetic with al-Qaida stormed the country's In Amenas natural gas facility in January 2013, leaving 38 civilians and 29 militants dead. Statoil and its joint venture partners said they're ready to resume ordinary operations at the plant after implementing new security measures at the facility. "The decision to resume ordinary opera ... read more

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Aug 28

Statoil moving Transocean rig to new arctic drill site Norwegian energy company Statoil needs to wait to start drilling for oil in the Barents Sea in order to vet appeals, a state energy regulator said. ... more		Putin: Power of Siberia plants Russian seed in China Starting construction on a natural gas pipeline to China gives Russia the chance to plant its economic flag in the regional economy, Russia's president said. ... more		Oil leak contaminates long stretch of Mexican river: official An oil spill has spread more than 50 kilometers (30 miles) along a river in the Mexican state of Veracruz despite assurances by the state oil monopoly that the leak has been repaired, local officials said Tuesday. ... more
				Libyan oil production increasing despite turmoil Though the country is facing one of its toughest post-war challenges, Libyan oil production continues to gain traction, a state energy company said. ... more		U.S. not an open market for Kurdish oil, Baghdad says The Iraqi Oil Ministry published a letter Tuesday saying the U.S. market is far from a legal destination for oil taken from the Kurdish north. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Halliburton pays $1.1 bn for Gulf of Mexico BP spill Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' most disastrous oil spill. ... more		Gazprom Neft starts delivery of new Iraqi crude oil Russian energy company Gazprom Neft said oil from the Badra field in southern Iraq is making its way to the Persian Gulf for exports. ... 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		BG Group overhauls offshore gas system in Egypt British energy company BG Group said its Egyptian subsidiary completed an overhaul of infrastructure needed to add new wells to its offshore operations. ... more
				Oil prices down after weak China, Europe data World oil prices fell on Tuesday after disappointing manufacturing data on top energy consumer China as well as Europe, and as dealers await fresh US economic figures, analysts said. ... more		BP, SOCAR to build Azeri workforce Azerbaijan and BP announced plans to build a national workforce to help develop the country's oil and gas industry, officials said. ... more

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

Russia breaks ground on new gas pipeline to China 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. ... more		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		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		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 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		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		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

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

Wintershall pegs energy future to offshore Norway		Marcellus shale drawing major investments		Texas ruling on oil boost of confidence, Kurds say		Jihadists burn 3 Iraq oil wells as Kurds launch attack		Texas regulator assessing fracking as an earthquake trigger
ONEOK starts operation at N.D. gas processing plant		Nanoparticle research could enhance oil recovery, tracing of fracking fluid		Kinder Morgan moves out of anti-trust scrutiny		Shell posts gas find in deep Malaysia waters		Mexican energy reforms to yield production growth

Global security issues spare oil, AAA says

Wood Mackenzie sees good things in Norway

Iran says sanctions hurt South Pars gas developments

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

Slovakia said to stay on sidelines of Ukrainian energy sector

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

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