Oil and Gas News

October 07, 2014

The World's 10 Biggest Energy Gluttons
Washington DC (SPX) Oct 07, 2014
Next time you get into your car and drive to the supermarket, think about how much energy you consume on an annual basis. It is widely assumed that Westerners are some of the world's worst energy pigs. While Americans make up just 5 percent of the global population, they use 20 percent of its energy, eat 15 percent of its meat, and produce 40 percent of the earth's garbage. Europeans and people in the Middle East, it turns out, aren't winning any awards for energy conservation, either. Oilpr ... read more

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Chevron brings Kuwaiti partners to Canadian shale A portion of Canadian shale natural gas acreage was sold to a Kuwaiti energy company for $1.3 billion, the Canadian subsidiary of Chevron said Monday. ... more		Shale players Forest, Sabine close to tying knot The steps needed to become one of the premier players in the Eagle Ford shale play in Texas is nearly complete, Forest Oil and Sabine Oil and Gas said Monday. ... more		Ruble hits historic low against Western currency The value of the Russian ruble hit a historic low Monday when compared with U.S. and European currencies, the Russian Central Bank said. ... more
				Dutch grab of arctic oil angers Greenpeace Environmental advocacy group Greenpeace said it was frustrated the Dutch government was putting its oil interest above that of protecting the arctic. ... more		BG Group said Cairo paid off small portion of debt After receiving $350 million from the Egyptian government, British energy company BG Group said Monday the balance stands at around $1.2 billion. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

London sees few land value concerns with fracking There are few reasons to think advancing the shale natural gas agenda in the United Kingdom will hurt land values, a government spokesman said Monday. ... more		Kiev: European energy crisis caused by Russia The Ukrainian government is deeply concerned about risks to European energy security caused by the Kremlin, Ukraine's prime minister said. ... 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		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

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

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		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		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		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		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		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		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

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

Gazprom Neft taps into shale oil deposit in Siberia		Mars rover methane-detecting technology adapted by gas company		API says its oil train proposals offer reasonable solution		Enbridge pipeline from Bakken play delayed by a year		British oil company says all hands on deck in Kurdish Iraq
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

Fracking drives decline in emissions, EPA finds

AAA credits shale boom with general decline in gas prices

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

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