Oil and Gas News

October 30, 2014

Slump in OPEC imports drives U.S. total imports to low mark
Washington (UPI) Oct 29, 2014
Total U.S. crude oil imports for the first nine months of the year are down 15 percent from two years ago, Energy Information Administration data show. EIA published monthly data for the U.S. energy sector. For the first nine months of 2014, the United States imported an average 7.4 million barrels per day of crude oil, down from the 8.7 million bpd reported during the same period in 2012. In its latest weekly report, EIA said the country imported around 7.4 million barrels of oil for th ... read more

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Total to strengthen resilience after de Margerie's death The new chief executive officer at French energy company Total said Wednesday he'd work to cut costs and increase value as crude oil prices slip. ... more		Rosneft: No truth to claims of sanctions retaliation A Russian government spokesman said Wednesday there was no truth about clams oil company Rosneft was looking for protection against Western sanctions. ... more		Oil prices rally on word of end to quantitative easing Crude oil prices rallied Wednesday along with major global stock indices on word the U.S. Federal Reserve sees its stimulus polices having an impact. ... more
				Canada views Keystone XL decision as a bilateral challenge The Canadian government is "impressed" with the State Department's vetting of the Keystone XL oil pipeline, Canadian Foreign Minister John Baird said. ... more		Iran sees non-oil exports increase 20 percent over last year Iran earned 20 percent more from non-oil exports during the first five months of the calendar year than it did last year, customs data released Wednesday show. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

'The Great Invisible' shows blood spilled for oil The cameras have left, but tears continue to fall in the Gulf of Mexico, four years after the environmental catastrophe caused by an explosion on British oil giant BP's Deepwater Horizon rig. ... more		Chevron picks Technip to help develop offshore Indonesia French engineering company Technip said Wednesday it secured a contract to help Chevron develop its deepwater oil prospect off the coast of Indonesia. ... 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		BP will close deal on TANAP gas pipeline by year's end BP confirmed Tuesday an agreement to take a 12 percent stake in a Turkish pipeline carrying Azeri gas to Europe will close by the end of the year. ... more
				Oxy says output from Texas shale up, income down Occidental Petroleum Corp. said Thursday its quarterly production was boosted by Texas shale, but income was down for the third quarter. ... more		Statoil takes frontier position offshore Australia Norwegian energy company Statoil said Friday it was expanding its footprint off the Australian coast with an exploration permit for natural gas. ... more

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

Bangladesh gas supports Asian demand, Chevron says Bringing more gas production on stream in Bangladesh is part of an effort to meeting growing energy demands in Asian, a Chevron subsidiary said Tuesday. ... more		IHS: Islamic State financing war campaign with oil Oil is fueling the war chest for the group calling itself the Islamic State by more than $2 million per day, a study from consultant group IHS said. ... 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		Iranian economy tied too hard to oil, commissioner says The Iranian government should work to take oil revenue out of its total budget to protect the economy from market dynamics, a commissioner said Tuesday. ... more
Petrofac eyes Nova Scotia oil locked 3 miles under sea surface British energy services company Petrofac said Tuesday it would help the provincial government in Nova Scotia tap into potential oil prospects offshore. ... more		Noble says gas sales from Israeli assets soaring Energy explorer Noble Energy said Tuesday production during the third quarter soared because of advancements off the coast of Israel. ... more		Russian economic stumbles impact BP performance British energy company BP said Tuesday the depreciation of the Russian currency in part had a "significant impact" on third quarter results. ... more		Where Did All the Oil Go Due to the environmental disaster's unprecedented scope, assessing the damage caused by the 2010 Deepwater Horizon spill in the Gulf of Mexico has been a challenge. One unsolved puzzle is the locati ... more

	Waste, an alternative source of energy to petroleum The group led by Martin Olazar, researcher in the UPV/EHU's Department of Chemical Engineering, is studying the development of sustainable refineries where it is possible to produce fuels and raw ma ... more		Abducted Chinese worker freed in Sudan: minister Sudan's security forces have freed a Chinese worker abducted last week in the conflict-hit West Kordofan region, the oil minister said on Friday. ... 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

Spain's Repsol makes major oil find in Gulf of Mexico		South Korean company takes stake in Oklahoma shale basin		Goldman forecast erases momentum from oil markets		Eni says new gas find off Indonesia good for LNG hopes		Citgo no longer for sale, Venezuelan minister says
China oil demand near decade high for September		OMV, Exxon start drilling in Romanian waters of Black Sea		Oklahoma rising as oil state, Continental Resources says		U.S. producers form lobby to call for end to oil export ban		Brent, WTI can't do repeat performance

Wood Mac sees U.S. on its way to energy independence

Low Oil Prices Hurting U.S. Shale Operations

Ground broken for Cameron LNG plant in Louisiana

Lancashire needs more time to mull Cuadrilla frack plans

An effective, cost-saving way to detect natural gas pipeline leaks

3 dead in platform collapse in the Caspian Sea

Spain defends Canaries oil drilling plan

Brent crude continues rally on Chinese economic data

Getting the salt out

ADS and Spectrum Geo produce oil seep and seismic study of Adriatic

First ever oil find in Paraguay lifts President Energy shares

WTI fights off $80 per barrel mark

Shell assessing gas discovery off the Gabonese coast

Alaska unlocks oil and gas leases near dispute ANWR border

New oil field declared in North Sea by BG, GDF Suez

NDRC finds Californians at risk from oil and gas

Amid gas talks, Kremlin faults West over Ukrainian tensions

Total tries to fill chasm left by Christophe de Margerie

Think beyond oil in ISIS campaign, advocacy group says

Rosneft, Gazprom tasked for arctic energy exploration

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