Oil and Gas News

November 07, 2014

IEA: Asia missing out on LNG opportunities
Tokyo (UPI) Nov 6, 2014
Asia needs market reforms to capitalize on the "golden opportunity" represented by liquefied natural gas, the International Energy Agency said Thursday. The IEA issued a report saying natural gas prices in Asia may be as much as four times as high as in other markets. Asian demand for gas, meanwhile, is expected to grow by as much as 8 trillion cubic feet, while 5.3 trillion cubic feet of new supplies of liquefied natural gas come on stream by 2020. "The advent of new LNG supplies repres ... read more

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Syrian army retakes Shaer gas field from IS: state TV Syrian troops backed by pro-regime militiamen recaptured the Shaer gas field in central Homs Thursday, state television reported, a week after Islamic State group jihadists overran parts of it. ... more		Denton frack ban challenged in Texas court The Texas Oil and Gas Association said it filed a case against the city of Denton after voters backed an initiative to ban hydraulic fracturing. ... more		Shale license extended in Ukraine The Ukrainian government extended the terms for a shale exploration license by five years, JKX Oil and Gas announced Thursday. ... more
				OPEC sees global energy demand soaring 60% by 2040 Global energy demand will increase by 60 percent by 2040 compared to 2010 levels, OPEC said Thursday, with greenhouse-gas-emitting fossil fuels remaining by far humanity's main source of power. ... more		Keystone pipeline could be US Republicans' first step Newly-empowered Republicans keen to strike a symbolic blow against President Barack Obama's divisive energy policy have a ready-to-launch opening salvo: Keystone, a controversial pipeline transporting Canadian tar-sands oil to US refineries. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

WTI, Brent both extend declines in Thursday trading Crude oil prices for December delivery extended their losses Thursday on word from the Organization of Petroleum Exporting Countries demand will slump. ... more		Report: Energy firms must be more open about payments to governments A Thursday report from Transparency International finds oil and gas companies aren't held to European and U.S. measures as closely as they should be. ... 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		North Sea vitality top concern for London Moving forward with a plan to breathe new life into North Sea oil and natural gas fields is an "urgent task" for the government, London said Thursday. ... 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		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

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

Keystone XL may be filibuster-proof The outcome of the U.S. midterm elections means there may be enough votes in the full Senate to force a vote on Keystone XL legislation, results show. ... more		BHP: Eagle Ford shale products OK for exports Australian company BHP Billiton said it's concluded oil products processed from the Eagle Ford shale play in Texas are legally eligible for exports. ... 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		Syria army retakes gas fields from jihadists: monitor The Syrian army on Wednesday recaptured two key gas fields and a gas company in central Homs province, less than a week after their seizure by jihadists, a monitoring group said. ... more
Lundin keeps chin up in era of low oil prices Swedish explorer Lundin Petroleum said Wednesday it has a strong investment agenda that stresses long-term growth over short-term consequences of low oil prices. ... more		U.S. oil, gas sector economic bright spot Job and wage growth in the U.S. oil and gas industry has increased since 2003 and Texas is leading the way, the U.S. Energy Department said Wednesday. ... more		Brent falls on eurozone worries Brent crude oil prices continued their drift toward the $80 mark in early Wednesday trading after the European Commission said it expected slow economic growth. ... more		Islamic State blamed for Iran, Iraq gas delays An Iraqi source told Iranian state media the threat from the Islamic State is causing delays in receiving natural gas from across the border. ... more

	Ukraine pays first debt installment to Gazprom Russian energy company Gazprom said Wednesday it received the first installment of the debt owed by its Ukrainian counterparts at Naftogaz. ... more		ONEOK boasts of shale gas infrastructure Midstream energy company ONEOK said third quarter 2014 was buoyed by the addition of infrastructure meant to deliver gas from shale basins in the Great Plains. ... 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

'Price war' hits WTI, Brent prices hard		AAA: U.S. oil production keeps gas prices low		GDF Suez strengthens foundation in China		Marathon latest to take hit on low oil prices		Sanctions bite for Russia, European Commission says
Reserves offshore Congo greater than expected, SOCO says		TransCanada moves closer to eastern Canadian market		Countries with poor marine safety records linked to oil spill vessels		Air quality and unconventional oil and gas sites		Most mining, oil and gas and logging, involves inhabited land

Report: Islamic State seizes natural gas field in Syria

Minister: Oil prices no threat to Iran's economy

Kuwait enters Mexican energy sector

Gazprom gas production declines

EU declares relief with Ukrainian gas agreement

Advocates blast TransCanada pipeline proposal

U.S. producers say study backs end of oil export ban

WTI, Brent take big hits in Friday trading

Gas capacity added to North Dakota shale

Oryx Petroleum: Security improves in Kurdish north

Wood Mac: Thai economy may be running out of energy

Chinese energy prices respond to crude

EU receives complaints against Canaries oil plan

TransCanada: Energy East pipeline application submitted

Technip sales up despite caution among oil industry players

Ukrainian gas deal 'within reach,' Europe says

Shell: 'Slimmed-down' position creating value

WTI, Brent search for traction

Texas oil production tops 2.2 million bpd

Peshmerga at Turkish border to reinforce besieged Kobane

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