Oil and Gas News

September 26, 2014

Natural gas usage will have little effect on CO2 emissions
Irvine CA (SPX) Sep 26, 2014
Abundant supplies of natural gas will do little to reduce harmful U.S. emissions causing climate change, according to researchers at UC Irvine, Stanford University, and the nonprofit organization Near Zero. They found that inexpensive gas boosts electricity consumption and hinders expansion of cleaner energy sources, such as wind and solar. The study results, which appear in the journal Environmental Research Letters, are based on modeling the effect of high and low gas supplies on the U.S. power ... read more

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Marcellus drilling boom may have led to too many hotel rooms Drilling in Pennsylvania's Marcellus Shale region led to a rapid increase in both the number of hotels and hotel industry jobs, but Penn State researchers report that the faltering occupancy rate ma ... more		Fracking's environmental impacts scrutinised Greenhouse gas emissions from the production and use of shale gas would be comparable to conventional natural gas, but the controversial energy source actually faired better than renewables on some ... more		Study: Fracking wastewater treatment doesn't make it safe to drink A new study suggests fracking wastewater can endanger drinking water even after it has passed through treatment plants and been diluted. ... more
				Direct crude oil use in Saudi Arabia increasing Saudi Arabia aims to use more renewable energy, but for now it burns more crude oil directly than any other nation in the Middle East, a Wednesday report found. ... more		Report: Pennsylvania gas lines among the leakiest Billions of dollars are needed to update the vast network of natural gas pipelines, some at least 90 years old, beneath Pennsylvania, a newspaper report found. ... more

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Hess plans midstream subsidiary IPO U.S. energy company Hess Corp. said Wednesday it filed the paperwork for an initial public offering it said could help advance its Bakken crude oil ambitions. ... more		Gazprom continues pivot toward Asia Asia is the most attractive market for energy companies, the deputy chairman of Russian energy company Gazprom said at an Eastern investment conference. ... more		NASA ISRO radar satellite beams first Earth images from space Morocco High Atlas whistle language strives for survival Toxic homes a lasting legacy of Los Angeles fires		Enhanced recovery methods for shale hold promise A Wednesday report for energy consultant group Wood Mackenzie finds emerging shale technology could add at least 1 million barrels per day to U.S. output. ... more
				Less gas coming from Russia through Ukraine, Slovakia says An energy company in Slovakia said it recorded a drop in the amount of Russian natural gas headed its way through the Soviet-era transit network in Ukraine. ... more		Baghdad praises Kuwait's role in Iraqi oil sector The Iraqi Oil Ministry welcomed a delegation from Kuwait to discuss ways in which the two countries could expand bilateral ties in the energy sector. ... more

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Gazprom reviewing South Stream developers in Hungary A team tasked with designing the Hungarian section of the South Stream gas pipeline will be selected within a month, Russian gas company Gazprom said. ... more		Canada, South Korea deepen energy relationship A joint declaration from the Canadian and South Korean governments said the depth of their bilateral relationship extends well into the energy sector. ... more		SpaceX, ULA launch rockets from Cape Canaveral Space: Framatome and ENEA sign MoU to explore advanced technological solutions for designing lunar nuclear fission reactors Quantum Mechanics, Probability, and the Science of Chance		Shale gas should be part of climate narrative, London says The British government said Tuesday describing green policies as growth policies that include shale gas is what's needed to change the climate narrative. ... more
Obama called on to ban DOT-111 trains from service An environmental advocacy group said it wants President Barack Obama to use his authority to ban the type of rail cars tied to recent oil train derailments. ... more		ONEOK to invest big on shale gas processing Energy company ONEOK said it plans to invest at least $480 million on shale natural gas processing infrastructure in North Dakota and Wyoming. ... more		Oil prices mixed after uneven data from China, Europe Oil prices were mixed on Tuesday following better-than-expected Chinese manufacturing data but a poor showing in a key measure of eurozone activity. ... more		Basra oil wealth a reconstruction tool for Iraq Iraq is relying on Basra, the economic capital, to put the country on the road to recovery on the back of oil wealth, the oil minister said. ... more

	Oil-rich MENA not ready to tackle threat from climate change Countries in the Middle East and North Africa have done little as a whole to address the threats from climate change, the American Security Project said Monday. ... more		Texas fracking company fined record $4.15 million by Penn. regulators Regulators with the Pennsylvania Department of Environmental Protection have fined oil and gas company Range Resources $4.15 million for environmental violations related to its fracking operations in the Marcellus shale. ... more

U.S.military ramps up tech capabilities to improve effectiveness

Maintaining US space dominance requires rapid and reliable delivery of new systems

India signs $7 bn deal for 97 domestically made fighter jets

EU, Russia, Ukraine to meet in Berlin over gas issues		Iran considers other use for Pakistani gas pipeline		Greenpeace calls on LEGO to snap ties to Shell		Gazprom Neft: Second tanker of arctic oil on its way to Europe		BP breaks ground on Shah Deniz natural gas pipeline
Energy companies remain committed to Scotland		Sanctions on Russia taking their toll, bank leader says		With low gas prices, high oil production, House wants more		Exxon puts Permian shale acreage in its pocket		We're still Europe's No. 1 gas supplier, Gazprom says

Russian energy migrating beyond West Siberia, EIA says

API: Crude oil imports lowest in nearly 20 years

U.S., Algeria ties not limited to energy, minister says

Wastewater injection is culprit for most quakes in Colorado and New Mexico

Assessing the environmental costs and benefits of fracking

Gas leaks from faulty wells linked to contamination in some groundwater

Keystone XL would likely raise oil sands production and greenhouse gas emissions

Eni announces significant oil discovery in Ecuador

European lawmakers call for South Stream scrub

Business confidence in Russia waning, European bank says

Maine gets gas pipeline proposal from Kinder Morgan

U.S. oil production for week ending Sept. 13 up 10 percent

Scotland sees 'huge' oil potential through independence

Iraq says oil exports from southern ports down slightly

Former exploration leader now COO of Bakken player Continental

China expects shale to account for 20 percent of gas output

Offshore Egypt 'promising,' RWE Dea says

Pakistan gets ADB backing for energy reforms

Why Scotland would be better off staying in the UK

Polish shale proves fruitless for 3LegsResources

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