Oil and Gas News

October 17, 2014

Russian gas giant Gazprom wants to tap Argentina market
Moscow (UPI) Oct 16, 2014
Russian gas company Gazprom said it may be interested in exploration and production in Argentina through an agreement with energy company YPF. Gazprom Chairman Alexei Miller hosted Miguel Galuccio, chief executive officer of YPF, at his Moscow office to discuss arrangements for liquefied natural gas to the Argentine republic and joint developments in the Latin American market. "In particular, they looked at the possibility of undertaking joint projects in such areas as exploration & deve ... read more

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U.S. confident oil-rich Yemen will withstand threats With a major oil company fearful of the security situation in Yemen, the U.S. State Department said it's confident the government in Sanaa will stay in place. ... more		Chesapeake sells Marcellus, Utica shale for $5 billion Chesapeake Energy Corp. said Thursday it was selling its Utica and Marcellus shale assets to rival Southwestern Energy Co. for more than $5 billion. ... more		Marathon closes on sale of Norwegian subsidiary Norwegian energy company Det norske said Thursday it's one of the largest operators in the region now that it closed on an acquisition of a Marathon subsidiary. ... more
				North Dakota reducing flaring of associated gas State wide, more of the natural gas associated with shale deposits in North Dakota has been captured, a state energy director said. ... more		Iraqi oil minister discusses oil spats with Kurdish leader Baghdad sees the national constitution as the best venue through which to solve oil disputes with its Kurdish counterparts, the oil ministry said. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Hydraulic fracturing linked to earthquakes in Ohio Hydraulic fracturing triggered a series of small earthquakes in 2013 on a previously unmapped fault in Harrison County, Ohio, according to a study published in the journal Seismological Research Let ... more		Wood Group to help develop CCS project in Scotland Oil services company Wood Group Kenny said Thursday it secured an engineering contract to help develop a Scottish carbon capture and storage facility. ... 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		Colombian farmers sue oil giant BP for environment damage A case in which 100 Colombian farmers are suing British oil giant BP for environmental damage opened in the High Court in London on Wednesday. ... more
				DNO plans more oil exports from Kurdish north of Iraq A new 24-inch oil pipeline from the Kurdish north of Iraq will facilitate exports through Turkey by the end of the year, DNO International said Wednesday. ... more		Lund leaves Statoil to take helm at BG Group Helge Lund, president and chief executive officer of Norwegian energy company Statoil, announced Wednesday he's leaving to lead British company BG Group. ... more

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

Russia trying to read EU tea leaves on South Stream pipeline The European stance on the planned South Stream gas pipeline from Russia is unclear but the project is progressing, a Russian presidential aide said Wednesday. ... more		Natural gas no miracle cure for climate change: study Fracking technology has driven a boom in natural gas that many hope will prompt a switch away from coal use and put the brakes on the rise in Earth-warming carbon dioxide (CO2) emissions. ... 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		Oil market slump temporary, Iranian oil official says The steep decline in oil prices is a momentary market phenomenon and does little to influence the economy long-term, an Iranian oil director said. ... more
SOCAR signs pipe contracts for TANAP gas line through Turkey The State Oil Co. of Azerbaijan Republic announced it signed contracts in Turkey for the construction of the Trans-Anatolian natural gas pipeline. ... more		Gas find puts reserves above 20 tcf mark for Statoil A new natural gas discovery offshore Tanzania puts the total amount of reserves there at 21 trillion cubic feet, Norwegian energy company Statoil said Tuesday. ... more		Foster says it's helping Pemex with reform agenda at refinery Oil services company Foster Wheeler said Tuesday it was awarded a contract in Mexico that is part of the country's emerging energy reform. ... more		Low demand, high production means cheap gas, AAA says The average price for a gallon of regular unleaded gasoline in the United States started the week at the lowest level of the year, motor club AAA reports. ... more

	IEA trims forecast for global oil demand growth Lower economic growth expectations mean the forecast for global oil demand is down, but should recover in 2015, the International Energy Agency said Tuesday. ... more		Gazprom says it's made up for Ukrainian row Second quarter profits for the year are up, which offset some of the damage incurred by contracts with Ukraine, Russian gas company Gazprom said Tuesday. ... 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

All systems go for Power of Siberia gas pipeline, Gazprom says		CNOOC expects 40,000 bpd from South China Sea startup		Lundin oil find in Barents Sea significant, company boss says		Shale means U.S. more self-reliant on oil, OPEC says		Kremlin says next EU, Kiev gas talks set for Oct. 21
Arctic campaign frustrates Statoil to delight of Greenpeace		Caracas says it's victorious in Exxon expropriation case		Tullow Oil upbeat on prospects for oil offshore Gabon		Brine spill soils land, waterway, in North Dakota		Will Ukraine Commit Economic Suicide

Lego caves in to Greenpeace and axes Shell partnership

Putin may meet Ukraine's Poroshenko in Italy: Kremlin

U.S. strikes aimed at disruptive IS oil financing

EU leans on Serbia over South Stream gas pipeline

China signs off on Power of Siberia gas project with Russia

More fracking planned by British shale pioneer IGas

Firms to invest $2.12 bn in Ecuador oil fields

U.N. report says Ukrainian gas issue a humanitarian concern

UK oil rig evacuated over ship carrying radioactive waste

U.S. strikes target IS-controlled oil refineries

Shell producing oil from first deepwater Malaysian well

Refinery startups, low oil prices, keep gas pain at bay

Norway sees low cash flow, pegged outlook to $103/bbl

Green advocates say EU tar sands nod is shameful

The World's 10 Biggest Energy Gluttons

Cairn announces major oil find offshore Senegal

Kiev says fair price for gas necessary

Enbridge offers oil pipeline assurances to Michigan

Serbia: South Stream a matter between Russia and Brussels

Petronas watching Canadian LNG debate unfold

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