Oil and Gas News

October 21, 2014

EIA: North Dakota close to goals for curbing flared gas
Washington (UPI) Oct 20, 2014
North Dakota is on pace to meet its yearly goal for curbing the amount of natural gas burned off during oil production, the U.S. Energy Department said Monday. "The first target of 26 percent flared is set for fourth quarter 2014, with continued decreases in flaring reaching 10 percent by 2020," the department's Energy Information Administration said. North Dakota's energy infrastructure hasn't been able to keep pace with the rapid rise in oil production and, as a result, much of the gas ... read more

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Russia has little to fear from Azeri gas, scholar says Trade deals between Russia, Turkey and Azerbaijan should ease Kremlin concerns about Baku's energy agreements with Europe, an Azeri scholar said. ... more		Iran determined to move ahead with pipeline to Pakistan Despite reports the project has been abandoned, the Iranian government said it was determined to push ahead with a gas pipeline for Pakistan. ... more		Libyan operations give production boost to OMV Austrian energy company OMV said Monday its quarterly production was boosted by the resumption of operations in war-torn Libya. ... more
				Tamar partners intent on selling Israeli gas to Egypt The partnership in control of one of the largest natural gas basins off the coast of Israel announced their intention to sign an export deal with Egypt. ... more		New tracers can identify frack fluids in the environment Scientists have developed new geochemical tracers that can identify hydraulic fracturing flowback fluids that have been spilled or released into the environment. The tracers, which were created by a ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

More gas talks between EU, Russia and Ukraine scheduled The European Commission said Monday it scheduled another round of talks with its Russian and Ukrainian counterparts to settle a lingering gas issue. ... more		Inpex expecting 105,000 bpd from oil field off Emirati coast Japanese energy company Inpex Corp. disclosed Friday it started producing oil for the first time at a field off the coast of Abu Dhabi. ... 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		EU examining ways to counter Russian gas shortage If members of the European Union show some solidarity, they'll be able to cope with a potential Russian gas shortage, the European energy commissioner said. ... more
				WTI, Brent prices rebounding, but stay suppressed West Texas Intermediate and Brent crude oil prices each climbed toward the $85 per barrel mark, trading data Friday show. ... more		Kinder wants to expand pipeline system for more shale gas Expanding a gas system in the U.S. Midwest will facilitate the utilization of shale gas from the Utica and Marcellus plays, pipeline company Kinder Morgan said. ... more

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

Kurdish government praises latest regional oil discovery A new oil discovery in northern Iraq moves the region closer to a 1 million barrel per day production goal, a Kurdish government official said Friday. ... more		U.S. oil imports down 7.4 percent, production up even more U.S. crude oil imports for the first full week in October were down by more than 7 percent from one year ago, the U.S. Department of Energy found. ... 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		U.S. to auction off oil, gas acreage in Gulf of Mexico Acreage set for auction in the Gulf of Mexico may hold as much as 894 million barrels of oil and 3.9 trillion cubic feet of gas, the U.S. government said. ... more
A global natural gas boom alone won't slow climate change A new analysis of global energy use, economics and the climate shows that without new climate policies, expanding the current bounty of inexpensive natural gas alone would not slow the growth of glo ... more		A New Approach To Monitoring Groundwater Supplies Near Fracking Sites A University of Cincinnati research project is taking a groundbreaking approach to monitoring groundwater resources near fracking sites in Ohio. Claire Botner, a UC graduate student in geology, will ... more		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

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

Iraqi oil minister discusses oil spats with Kurdish leader		Hydraulic fracturing linked to earthquakes in Ohio		Wood Group to help develop CCS project in Scotland		Colombian farmers sue oil giant BP for environment damage		Russian gas giant Gazprom wants to tap Argentina market
DNO plans more oil exports from Kurdish north of Iraq		Lund leaves Statoil to take helm at BG Group		Russia trying to read EU tea leaves on South Stream pipeline		Natural gas no miracle cure for climate change: study		Oil market slump temporary, Iranian oil official says

SOCAR signs pipe contracts for TANAP gas line through Turkey

Gas find puts reserves above 20 tcf mark for Statoil

Foster says it's helping Pemex with reform agenda at refinery

Low demand, high production means cheap gas, AAA says

IEA trims forecast for global oil demand growth

Gazprom says it's made up for Ukrainian row

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

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