Oil and Gas News

October 06, 2014

Kiev: European energy crisis caused by Russia
Kiev, Ukraine (UPI) Oct 3, 2014
The Ukrainian government is deeply concerned about risks to European energy security caused by the Kremlin, Ukraine's prime minister said. Ukrainian Prime Miniser Arseniy Yatsenyuk said from Kiev risks to European energy security were "caused by the Russian Federation." The prime minister hosted regional and European leaders in an effort to allay concerns about natural gas before winter demand increases. Russian natural gas company Gazprom in 2006 and 2009 cut gas supplies through ... read more

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Report: Islamic State losing oil grip because of airstrikes Analysis of U.S.-led airstrikes on Islamic State targets in Iraq and Syria finds the group's ability to exploit oil for a source of revenue has been diminished. ... more		Nuland: Sanctions pain depends on Kremlin actions Sanctions targeting the Russian energy sector will be rolled back once the Kremlin addresses its obligations in Ukraine, a U.S. State Department official said. ... more		Gasoline prices moving lower, following oil price trend With global crude oil prices plummeting, U.S. retail gasoline is following suit, though the bottom might not be reached until January, an analyst said. ... more
				API: Oil, gas boom came despite White House efforts While welcoming a presidential address on the economy, the American Petroleum Institute said more stimulus could come as a result of less burdensome regulation. ... more		Spain to pay 1.35 bn euros compensation for aborted gas project Spain's government said Friday it will pay 1.35 billion ($1.7 billion) in compensation to a Spanish firm which was forced to stopped work on a vast underwater gas-storage project that was suspected of causing minor quakes. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Pemex brings Exxon into 'new Mexican oil market' The Mexican energy company known as Pemex said its agreement with Exxon Mobil is part of an effort to attract private capital to the national landscape. ... more		BP seeks review of ruling on 2010 oil spill British energy company BP said it wanted a Louisiana court decision the company was negligent in the 2010 oil spill in the Gulf of Mexico reviewed. ... more		Toxic homes a lasting legacy of Los Angeles fires 'Greatest con job ever': Trump trashes climate science at UN Turkey facing worst drought in over 50 years		Egypt pays $1.4 billion to foreign oil and gas companies After securing loans from national banks, the Egyptian Petroleum Ministry announced it paid off $1.5 billion of its debt owed to foreign oil and gas companies. ... more
				Greenpeace says Russian probe into Arctic 30 finally over Advocacy group Greenpeace said Russian investigators have closed the books on its probe into the actions of activists dubbed the Arctic 30. ... more		Norway prepping to open Barents Sea to energy explorers Norwegian energy company Statoil said Thursday it was making strides in opening up new exploration areas in the Barents Sea. ... more

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

Iran to discuss oil swaps with Russian investors A trade official in Iran said the issue of oil swaps may be on the table along with refinery construction during possible talks with Russian investors. ... more		Gazprom Neft taps into shale oil deposit in Siberia A subsidiary of Russian oil company Gazprom Neft said Thursday it embarked on a new stage of assessing the shale oil potential in Western Siberia. ... more		Western researchers support international collaboration for planetary defence NASA says on track to send astronauts around the Moon in 2026 Space: Framatome and ENEA sign MoU to explore advanced technological solutions for designing lunar nuclear fission reactors		Mars rover methane-detecting technology adapted by gas company Leaks in natural gas pipelines can lead to dangerous explosions, as well as the polluting of drinking water and the release of methane into the atmosphere. Each year, gas leaks result in some 17 fatalities and $133 million in property damage. ... more
Fracking drives decline in emissions, EPA finds Greenhouse gas emissions declined in the oil and gas industry, with hydraulic fracturing leading the way, the Environmental Protection Agency said. ... more		AAA credits shale boom with general decline in gas prices Retail prices for gasoline are moving lower thanks in part to the increase in production from North American shale, motor club AAA said. ... more		Encana closes on sale of Bighorn oil and gas acreage Canadian energy company Encana Corp. said it completed the sale of the acreage and associated infrastructure in Alberta to a rival for $1.8 billion. ... more		API says its oil train proposals offer reasonable solution The American Petroleum Institute said federal proposals for safer transit of oil by rail are not feasible, though its program can provide a reasonable solution. ... more

	Enbridge pipeline from Bakken play delayed by a year The Sandpiper pipeline designed to carry oil from the Bakken reserve area in North Dakota through Minnesota is delayed, Enbridge Energy Partners said. ... more		British oil company says all hands on deck in Kurdish Iraq Staffing levels in the northern Kurdish region of war-torn Iraq are back at normal levels, Gulf Keystone Petroleum announced Wednesday. ... more

Taiwan running out of time for satellite communications, space chief tells AFP

US lawmaker warns of military 'misunderstanding' risk with China

Venezuela accuses US of waging 'undeclared war,' urges UN probe

EU calls in Kremlin to get serious about solving gas row		Baker Hughes reveals chemical components of fracking fluids		Exxon issues report on how it mitigates fracking risks		BP awards gas drilling contracts on Oman		Companies scrambling to tap into Algerian oil and gas
Gas deal depends on Ukraine, Russian energy minister says		Spain's Enagas joins Trans Adriatic Pipeline consortium		Sakhalin-1 program in Russia's Far East shielded, Exxon says		Cove Point liquefied natural gas export decision draws fire		Magellan, Oxy start new Texas shale oil pipeline

More than $1 trillion needed to keep offshore Britain alive

Kurdish leader vows action against Islamic State oil smuggling

French envoy feted by Iraqi Oil Ministry

Gulfsands Petroleum says operations in Syria are safe

Statoil, Shell enter fledgling Algerian shale sector

Kremlin ready to act if trilateral energy proposal collapses

Petronas sees YPF, Petronas nods as regional boosters

Canada's Encana takes major chunk of Permian oil shale

Rosneft gives nod to Western partners with arctic oil find

British study reviews impact of marine CCS leaks

Dana Gas extends legacy in Egypt

Iran said oil exports 'acceptable' and revenues on the rise

US-led Syria strikes on IS hit entrance to main gas plant: NGO

Kremlin ready to prop up energy companies if they need it

Ukraine, Europe, Russia make progress in gas talks

Scottish government frustrated by British shale regulations

Rosneft says Arctic well drilled with Exxon struck oil

Oil and shipping giants offer $1.5 million to counter Somali pirates

API says proper classification of oil for rail essential

Natural gas adoption will have a minimal effect on emissions

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