Oil News and Gas News
November 03, 2014
OIL AND GAS
EU declares relief with Ukrainian gas agreement
Brussels (UPI) Oct 31, 2014
Political responsibility and economic sense have prevailed with the signing of a gas deal between Russia and Ukraine, the European Commission president said. Negotiators in Brussels landed a deal late Thursday following several rounds of failed talks aimed at resolving a so-called gas war brewing at least since June. "This is an important step for our shared energy security on the European continent," outgoing European Commission President Jose Manuel Barroso said in a statement. "There ... read more
Previous Issues Nov 01 Oct 31 Oct 30 Oct 29 Oct 28
OIL AND GAS

Advocates blast TransCanada pipeline proposal
Pipeline planner TransCanada can expect to face "considerable opposition" to its Energy East tar sands pipeline for the eastern Canada, an advocacy group said. ... more
OIL AND GAS

U.S. producers say study backs end of oil export ban
Global crude oil markets drive prices at the U.S. pump, meaning it's time to end the ban on oil exports, a consortium of U.S. oil companies said. ... more
OIL AND GAS

WTI, Brent take big hits in Friday trading
Brent and West Texas Intermediate prices suffered heavy losses in Friday trading, ending a week that saw some early optimism resurface for the oil market. ... more
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OIL AND GAS

Gas capacity added to North Dakota shale
Midstream operator ONEOK Partners said it completed a pipeline in North Dakota that will help shale developers reach regional markets. ... more


OIL AND GAS

Oryx Petroleum: Security improves in Kurdish north
Security improvements in the Kurdish north of Iraq mean oil operations are making significant new progress, Oryx Petroleum said Friday. ... more
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OIL AND GAS

Wood Mac: Thai economy may be running out of energy
Long-term fiscal policies in Thailand's booming economy might put the countries energy sector at risk, analysis Friday from Wood Mackenzie found. ... more
OIL AND GAS

Chinese energy prices respond to crude
Government-controlled prices for petroleum products like gasoline in China are falling in response to global crude oil prices, data show. ... more
24/7 News Coverage
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OIL AND GAS

EU receives complaints against Canaries oil plan
Major environmental campaign groups and local councils complained to EU authorities on Friday over plans to explore for oil and gas off Spain's Canary Islands, a popular tourist destination. ... more
OIL AND GAS

TransCanada: Energy East pipeline application submitted
Pipeline planner TransCanada Corp. said Thursday it filed a formal application for its Energy East pipeline project for eastern Canadian oil refineries. ... more
OIL AND GAS

Technip sales up despite caution among oil industry players
French oil services group Technip on Thursday reported soaring sales even though weak petrol prices have forced energy giants to be cautious about future investments. ... more
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OIL AND GAS

Ukrainian gas deal 'within reach,' Europe says
An agreement meant to settle longstanding gas disputes between Russia and Ukraine is "within reach," the president of the European Commission said Thursday. ... more
OIL AND GAS

Shell: 'Slimmed-down' position creating value
Good results for third quarter 2014 show Royal Dutch Shell can create value from a streamlined portfolio, Chief Executive Officer Ben van Beurden said Thursday. ... more
Space News from SpaceDaily.com
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 AND GAS

WTI, Brent search for traction
Crude oil prices indices moved down in parity Thursday following reports that OPEC output would hold steady and U.S. production had increased marginally. ... more
OIL AND GAS

Texas oil production tops 2.2 million bpd
Crude oil production for Texas was up more than 20 percent year-on-year to just over 2.2 million barrels per day, a state regulator said. ... more
OIL AND GAS

Peshmerga at Turkish border to reinforce besieged Kobane
Heavily armed Iraqi peshmerga forces reached the Turkish border Thursday and a first small party entered the town of Kobane as they prepared to join fellow Kurds battling jihadists. ... more
OIL AND GAS

Algeria's Sonatrach to probe offshore energy
Algerian energy company Sonatrach announced plans to carry out its first ever offshore drilling campaign by the end of next year. ... more
OIL AND GAS

Eni makes major oil find offshore Congo
Italian energy company Eni said Thursday it made a significant oil discovery at a basin off the western coast of the Congolese republic. ... more

OIL AND GAS

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
OIL AND GAS

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
Military Space News, Nuclear Weapons, Missile Defense
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
OIL AND GAS

Slump in OPEC imports drives U.S. total imports to low mark

OIL AND GAS

Total to strengthen resilience after de Margerie's death

OIL AND GAS

Rosneft: No truth to claims of sanctions retaliation

OIL AND GAS

Oil prices rally on word of end to quantitative easing

OIL AND GAS

Canada views Keystone XL decision as a bilateral challenge

OIL AND GAS

Iran sees non-oil exports increase 20 percent over last year

OIL AND GAS

'The Great Invisible' shows blood spilled for oil

OIL AND GAS

Chevron picks Technip to help develop offshore Indonesia

OIL AND GAS

Petrofac eyes Nova Scotia oil locked 3 miles under sea surface

OIL AND GAS

Noble says gas sales from Israeli assets soaring

Russian economic stumbles impact BP performance

Where Did All the Oil Go

BP will close deal on TANAP gas pipeline by year's end

Oxy says output from Texas shale up, income down

Statoil takes frontier position offshore Australia

Bangladesh gas supports Asian demand, Chevron says

Waste, an alternative source of energy to petroleum

Abducted Chinese worker freed in Sudan: minister

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

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