Oil and Gas News

September 17, 2014

Ukraine needs to observe gas contracts, Gazprom says
Kiev, Ukraine (UPI) Sep 16, 2014
Reliable natural gas deliveries to Europe depend largely on contractual issues in Ukraine, Russian energy company Gazprom said Tuesday. Gazprom in June cut gas supplies to Ukraine because of ongoing disputes over pricing and debt. Ukraine pays some of the highest prices for natural gas in the region. Russia had offered a discounted price, though the Ukrainian government said it suspected the offer was politically motivated. Russia meets about a quarter of Europe's gas needs, though most ... read more

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Gov. Parnell frustrated by BP move in Alaska Alaska Gov. Sean Parnell said he was "extremely disappointed" with a decision by British energy company BP to cut its workforce in the state. ... more		OECD backs energy sentiments of slow growth On the heels of reports predicting low oil demand, a director at the OECD said from France the global economy was expanding at only a moderate pace. ... more		Oil output from Norway beats expectations Oil production from Norwegian territory in August was 10 percent higher than what was predicted, the Norwegian Petroleum Directorate said Tuesday. ... more
				Study finds faulty gas wells, not drilling, pollutes water It's bad well design, not hydraulic fracturing itself, that's leading to contamination of drinking water, research led by Ohio State University finds. ... more		Kurdish government: Settle oil row at home Settling claims over which entity has the authority to sell Iraqi crude oil is a matter for the Iraqi courts, the Kurdistan Regional Government said. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Keystone XL needs recertification in South Dakota The company behind the planned Keystone XL oil pipeline said it had to re-apply for a construction permit in South Dakota because of approval delays. ... more		New EU energy and climate head sells oil shares The EU's incoming energy and climate commissioner said on Tuesday he is selling his shares in oil firms to avoid any conflict of interest ahead of a grilling by the European Parliament. ... more		Heavy snow in US strands drivers in 100-vehicle crash Chile wildfires rage for third day, entire towns wiped out Death toll from floods rises in Mozambique, South Africa		Technip secures engineering contract from BAPCO French engineering company Technip said Tuesday it won a refinery contract in Bahrain that could increase output by 34 percent. ... more
				Contaminated water in 2 states linked to faulty shale gas wells Faulty well integrity, not hydraulic fracturing deep underground, is the primary cause of drinking water contamination from shale gas extraction in parts of Pennsylvania and Texas, according to a ne ... more		Islamic State's Ultimate Goal: Saudi Arabia's Oil Wells For the terrorist group known as the Islamic State, Syria and Iraq were a good place to start their campaign, but in order to survive and prosper it knew from the outset that it had no choice but to ... more

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

Tate Modern called to come clean on ties to BP Tate Modern art gallery in London needs to come clean about its financial ties to British oil company BP, advocates said Monday. ... more		China Sinopec unit to sell 30% stake Chinese oil giant Sinopec will sell a 30 percent stake in its marketing arm to outside investors for more than $17 billion, the company said, as the government pushes key economic reforms. ... more		Geomagnetic storm to bring northern lights to central US Interstellar raises major Series F funding to expand launch and satellite business Atomic 6 debris shields selected for Portal Space Systems mission		Shell assessing 'possible impact' of Russian sanctions A spokesman for Royal Dutch Shell said Monday the company was reviewing what impact, if any, sanctions would have on its ties to the Russian energy sector. ... more
Kremlin suspends trilateral natural gas talks A spokesperson for the Russian Energy Ministry said Monday it was postponing trilateral talks with the European Union and Ukraine. ... more		Gas can't get to Iraq until security improves, Iran says Gas can't be sent through a pipeline to a power plant in Iraq until next year because of the security situation there, an Iranian development official said. ... more		EU charts decrease in energy trade deficit The trade deficit for energy for the 28 members of the European Union was down 8 percent from the first six months of 2013, data Monday show. ... more		New York Times report on oil rubbish, Ankara says Turkish Energy Minister Taner Yildiz said a report Ankara wasn't doing enough to interrupt oil ties to the Islamic State was part of smear campaign. ... more

	Pipeline to Henry Hub closed after deadly accident A natural gas pipeline off the coast of Louisiana was closed Monday in response to a deadly accident, Chevron Pipe Line Co. said. ... more		BP: No updates for hurricane threat in Gulf of Mexico There's no threat to oil installations in the Gulf of Mexico from hurricanes, British oil company BP states from its storm prediction center. ... more

Almost half of Kyiv without heat, power, after Russian attack

Denmark proposes NATO surveillance mission for Greenland

Military aircraft to arrive in Greenland for 'long-planned' activities: US-Canadian command

Gazprom Neft takes 1 millionth barrel from arctic field		$465 million contract for Aker Solutions in Brazil		Residual hydraulic fracturing water not a risk to groundwater		China Sinopec unit to sell 30% stake		Statoil sells offshore assets to Germany's Wintershall
Pemex working to wean itself from foreign tap		Head of Bakken player Continental pursuing 'other options'		DOT sued by advocates upset by oil train rules		Future of Sandpiper oil pipeline in Minnesota reviewed		Kuwait NBK to help finance mega oil project

Average for U.S. oil imports down 6.8 percent year-on-year

Kremlin: Oil on table, but Iranian nuclear energy tops agenda

IEA cuts oil demand outlook on weaker growth in Europe, China

Canadian crude oil exports in line with yearly average

Rosneft, other Russian energy companies in EU sights

China puts offshore reserve areas on auction block

API says more LNG exports needed for U.S. leverage

China, Russia to build seaport: report

U.S. assessing 'rumors' of Iran, Russia oil agreement

Gazprom pins high operating expenses on Ukraine

IEA sees oil demand slump on Europe, China slumps

Shale bid in British national park denied

Peace Action says oil funding cut may contain Islamic State

Gazprom Neft signs cooperation deal with Weatherford

Flint Hills settles with EPA over North Pole refinery fire

MIPT Specialists Study Burning of Kerosene

British gov't reviewing European gas crisis

New fast-track developments online for Statoil

Gasoline prices matching oil march lower

Scotland says 'yes' vote means more oil from North Sea

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