Oil and Gas News

September 12, 2014

API says more LNG exports needed for U.S. leverage
Washington (UPI) Sep 11, 2014
Despite a nod for southern U.S. LNG exports, the application backlog needs clearing to strengthen U.S. leverage, the American Petroleum Institute said. API Upstream Director Erik Milito welcomed a decision from the U.S. Energy Department to allow for exports of liquefied natural gas from projects in Cameron Parish, La., and Marion County, Fla. "But dozens of other permits still face lengthy delays," he said in a statement Wednesday. "We urge the administration to accelerate this process ... read more

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Sep 05

China, Russia to build seaport: report China and Russia will build one of the largest ports in northeast Asia on Russia's Sea of Japan coast, reports said, in a further sign of the powerhouses' growing alliance. ... more		U.S. assessing 'rumors' of Iran, Russia oil agreement The U.S. government is taking a wait-and-see approach to the "rumors" of an oil-for-goods deal between Russia and Iran, a State Department spokesperson said. ... more		Gazprom pins high operating expenses on Ukraine Russian energy company Gazprom said Thursday it attributed an increase in operating expenses to its account with Ukraine. ... more
				IEA sees oil demand slump on Europe, China slumps The International Energy Agency said Thursday it cut its forecast for oil demand growth because of an economic slowdown in Europe and China. ... more		Shale bid in British national park denied A shale pioneer in the United Kingdom said Thursday it was disappointed, but not surprised, by the rejection of its oil and gas exploration bid. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Peace Action says oil funding cut may contain Islamic State A U.S. peace advocacy group said cutting off weapons and oil funding streams for the Islamic State were better options than the use of military force. ... more		Gazprom Neft signs cooperation deal with Weatherford Russian energy company Gazprom Neft announced it signed a technology-sharing deal with oil services company Weatherford International. ... 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		Flint Hills settles with EPA over North Pole refinery fire Refining company Flint Hills Resources agreed to settle a civil penalty for $80,000 for mishandling waste at a petroleum refinery in Alaska, the EPA said. ... more
				MIPT Specialists Study Burning of Kerosene Researchers from MIPT, Viktor Zhukov, Vladislav Sechenov and Andrei Starikovsky, have published experimental data on the combustion of jet fuel in the journal Fuel. The results of their research are ... more		British gov't reviewing European gas crisis Few in the European community could find relief in the event of a winter crisis stemming from transit issues in Ukraine, the British energy minister said. ... more

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

New fast-track developments online for Statoil Norwegian energy company Statoil said Wednesday it started two development projects in the North Sea using fast-track technology. ... more		Gasoline prices matching oil march lower There still may be some factors that could lead to elevated gas prices, but the upcoming season should bring further relief to U.S. motorists, AAA 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		Scotland says 'yes' vote means more oil from North Sea Only a "yes" vote on the independence referendum will give Scotland the chance to realize the North Sea's oil and gas potential, the energy minister said. ... more
OPEC: More Libyan crude means lower oil prices More barrels of oil on the global market in part because of Libya are keeping oil prices lower, the Organization of Petroleum Exporting Countries said. ... more		Kuwait Energy, Dragon Oil find oil in southern Iraq Kuwait Energy and its Emirati counterpart Dragon Oil announced Wednesday they've made their first discovery of oil at a license area in southern Iraq. ... more		McAuliffe: No fracking in George Washington National Forest Virginia Governor Terry McAuliffe addressed the inaugural meeting of the state's Climate Change and Resiliency Commission in Richmond on Wednesday - affirming his campaign pledge to combat rising seas and temperatures in Virginia. ... more		Lifting ban does little for U.S. oil imports, study finds If the United States lifts a ban on crude oil exports it can realize economic benefits, though it will still be a net importer, a report prepared by NERA Economic Consulting finds. ... more

	Alaska signs agreement to export LNG to Japan Alaska Gov. Sean Parnell announced his government signed a memorandum of understanding with Japan to facilitate liquefied natural gas exports. ... more		U.S. proposes new rules for trains carrying oil The U.S. Department of Transportation said Tuesday it adopted new measures aimed at securing unattended freight trains in response to oil train accidents. ... 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

Few barriers to energy cooperation, Iran and Russia say		Oil groups spar over U.S. export policies		Deep water fundamental part of Shell's future		Agreement part of LNG development decision		Baker Hughes shows U.S. rig count up 5 percent from 2013
Oil drops on weak economic data from China, Japan		China sees huge benefits from lower oil prices		Iraq challenges Greek shipper of Kurdish oil in court		Jim Prentice dreams 'big' for Alberta as new premier		Iraqi power plant starts receiving Iranian natural gas

Genel Energy says security has improved in northern Iraq

Advocates rally against BP at Tate Modern in London

Russia's Novatek gets LNG export consent from Kremlin

Rosneft secured from sanctions with hefty loan

Iraq files motion to have oil from Kurdish tanker seized

Oral arguments on Keystone XL scheduled in Nebraska

State Department equates Israeli gas to peace

Two spills reported in North Dakota in less than a week

Gulfsands, ADX spar over claims to Tunisian energy

East Coast still depends heavily on imports for fuel

Baker, Aker align to improve offshore production

Energy group irked by Nova Scotia move away from shale

BP punished for 'reckless behavior,' green groups say

Bakken-to-Cushing oil pipeline proposed

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

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