Oil and Gas News

September 09, 2014

Russia's Novatek gets LNG export consent from Kremlin
Moscow (UPI) Sep 8, 2014
Russia's independent gas producer Novatek confirmed it received a license from the federal government to export liquefied natural gas. Novatek production meets about 18 percent of the country's needs. The company controls 60 percent of the Yamal LNG project in the arctic north of Russia, alongside French energy company Total and the China National Petroleum Corp. Russian Deputy Energy Minister Kirill Molodstov confirmed Saturday to Russian news agency ITAR-Tass the export nod was given t ... read more

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Sep 03

Rosneft secured from sanctions with hefty loan The Kremlin has a vested interest in ensuring sanctions-strapped oil company Rosneft can maintain operations, the Russian prime minister said Monday. ... more		Baker Hughes shows U.S. rig count up 5 percent from 2013 The number of rigs actively exploring for or developing oil and natural gas in the United States is up more than 5 percent from 2013, Baker Hughes said Monday. ... more		Oil drops on weak economic data from China, Japan Oil prices dropped Monday with the European benchmark contract slipping below $100 a barrel on concerns about fragile demand, heavy supply and a strengthening US dollar. ... more
				China sees huge benefits from lower oil prices The Chinese government said Monday it could save as much as $5 billion per month on import bills in part because of falling crude oil prices. ... more		Iraq challenges Greek shipper of Kurdish oil in court The Iraqi government revealed Monday it started legal proceedings against a Greek company responsible for exports of oil from the Kurdish north of the country. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Jim Prentice dreams 'big' for Alberta as new premier Canadian Prime Minister Stephen Harper welcomed the selection of former Environment Minister Jim Prentice as the next premier of Alberta. ... more		Iraqi power plant starts receiving Iranian natural gas Iranian natural gas is reaching an Iraqi power plant though a now-completed cross-border pipeline, an Iraqi official 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		Genel Energy says security has improved in northern Iraq British energy company Genel Energy said Monday it started returning staff to the Kurdish north of Iraq following improvements in the security situation. ... more
				Advocates rally against BP at Tate Modern in London A British art collective said it was calling on oil company BP to come clean about the corporate culture that led to the 2010 oil spill in the Gulf of Mexico. ... more		Gulfsands, ADX spar over claims to Tunisian energy British energy company Gulfsands Petroleum said Friday claims made by Australian energy company ADX on assets in Tunisia are unfounded. ... more

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

East Coast still depends heavily on imports for fuel Some markets in the United States still rely heavily on imports to meet regional demand for petroleum products, the U.S. Energy Department said. ... more		Baker, Aker align to improve offshore production Oil services company Baker Hughes said it was cleared by the federal government to form a partnership on subsea production technology with Aker Solutions. ... 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		Iraq files motion to have oil from Kurdish tanker seized The Iraqi Oil Ministry said it filed a case in a U.S. court calling for the seizure of a cargo of Kurdish crude oil loaded on a tanker off the coast of Texas. ... more
Oral arguments on Keystone XL scheduled in Nebraska The Nebraska Supreme Court scheduled to hear oral arguments Friday over whether the state's governor had authority to approve the route for Keystone XL. ... more		State Department equates Israeli gas to peace The U.S. State Department said it welcomed the signing of the letter of intent for deliveries of Israeli natural gas to Jordanian partners. ... more		Two spills reported in North Dakota in less than a week The North Dakota Department of Health said it was notified of a release from an oil well in Billings County one week after it occurred. ... more		Energy group irked by Nova Scotia move away from shale A Canadian energy trade group said it was upset with a decision from the provincial government in Nova Scotia to consider a moratorium on hydraulic fracturing. ... more

	BP punished for 'reckless behavior,' green groups say Conservation groups said a ruling that BP was grossly negligent in the Gulf of Mexico oil spill brings a sense of justice to the region and its environment. ... more		Bakken-to-Cushing oil pipeline proposed Energy company Enterprise Products Partners said it's vetting interest in a pipeline that would service North Dakota and Colorado shale oil basins. ... 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

Oryx Petroleum sees improvements in Kurdish security		Statoil moving rig after disappointment in Gulf of Mexico		Halliburton shielded from some claims in spill settlement		Rosneft may shed a quarter of its staff next month		Company sees production growing across the board
Hoeven calls for more FBI, DEA in Bakken reserve area		Jordan agrees to import gas from Israel's Leviathan field		BP ruled grossly negligent in 2010 oil spill		Christie sees 'long-term' foreign policy benefits from LNG		Shell: 'Persuasive argument' for U.S. oil and gas exports

AAA says gas prices cheapest since 2010

Oettinger: Trilateral gas talks possible mid-September

Baker Hughes, Weatherford close on pipeline business deal

Sabotage at Yemeni oil facilities hurts economy, IMF says

Shell says it's extended 'sweet spot' of Utica shale

Statoil shutting down Huldra platform in North Sea

Statoil announces full return to In Amenas in Algeria

Statoil moving Transocean rig to new arctic drill site

Putin: Power of Siberia plants Russian seed in China

Oil leak contaminates long stretch of Mexican river: official

Libyan oil production increasing despite turmoil

U.S. not an open market for Kurdish oil, Baghdad says

Halliburton pays $1.1 bn for Gulf of Mexico BP spill

Gazprom Neft starts delivery of new Iraqi crude oil

BG Group overhauls offshore gas system in Egypt

Oil prices down after weak China, Europe data

BP, SOCAR to build Azeri workforce

Russia breaks ground on new gas pipeline to China

Fire at BP refinery could cause regional gas woes

Oil prices down after weak China, Europe data

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