Oil and Gas News

November 11, 2014

Putin: Russian economy is in check
Beijing (UPI) Nov 10, 2014
Russian President Vladimir Putin said from an economic summit in Beijing there'd be no increase in state deficits despite sanctions on Russian energy companies. Low oil prices for a Russian economy dependent on exports is exacerbating an already problematic situation brought on by sanctions targeting Russian energy companies. Last week, the Russian currency traded at an all-time low against the U.S. dollar. The European Commission in an annual report said the Russian economy was entering ... read more

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Output should return soon for Libya oil Oil should start flowing again from one of Libya's largest fields, just days after a militant takeover, a spokesman for the Libyan National Oil Co. said Monday. ... more		Report: Israel wants more U.S. gas partners Israel is on the cusp of becoming a natural gas exporter and is inviting U.S. energy companies to join in reaping the rewards, an official said from Houston. ... more		Chinese oil imports up 18 percent Chinese government data show crude oil imports were up 18 percent in October year-on-year, though down from the month prior by more than 10 percent. ... more
				China's 'new normal' lifts oil prices Crude oil prices started Monday on a high note after the Chinese president said economic growth was entering a new growth phase. ... more		Canada eager to tap into Chinese market There are huge economic benefits to working with Chinese businesses in all areas, including the energy sector, Canadian Prime Minister Stephen Harper said. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

BP commits to big Egyptian investments British energy company BP said Monday it was committed to investing heavily in the Egyptian energy sector for the benefit of the Egyptian people. ... more		G20 states spend $88bn in fossil fuel exploration subsidies: report Leading world economies are spending $88 billion (71 billion euros) a year in fossil fuel exploration subsidies, sapping investment from low-carbon alternatives and increasing the risk of "dangerous climate change", a report said Tuesday. ... 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		Cleaner power coming to Wisconsin Alliant Energy Wisconsin customers could soon reap the benefits of having cleaner, reliable energy powering their homes and businesses. Alliant Energy's Wisconsin utility has unveiled plans to expan ... more
				US-led air raids hit jihadist-held Syria oil field US-led air strikes hit jihadist positions in the north and east of Syria, including an oil field, the Syrian Observatory for Human Rights said on Saturday. ... more		New low for Russian currency It's becoming more difficult to find good news for the Russian economy, an analyst said Friday after the national currency crashed to a new low. ... more

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

WTI, Brent show signs of life West Texas Intermediate and Brent crude oil prices for December delivery experienced some vitality in Friday trading on good U.S. economic data. ... 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 How Aussies Are Cutting Paperwork From Everyday Life		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
Iraqi Kurds exported $2.87 bn in oil this year Iraq's autonomous Kurdish region has exported $2.87 billion of oil by pipeline and truck since the beginning of 2014, it announced in a statement on Friday. ... more		House lays out pro-Keystone XL agenda A Republican-led House Energy Committee said that, while Keystone XL is just one piece of the energy puzzle, it's a key component of the wider whole. ... more		Santos Australian LNG project nearly completed Australian company Santos said Friday it installed the final pieces of a liquefied natural gas plant on Curtis Island, off the country's eastern coast. ... more		The Driving Force Behind the US Oil Boom The shale revolution's sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play's economics. Behind the stardom of the explo ... more

	U.S. shale gas output breaking records U.S. natural gas production has risen for the 10th consecutive month, moving steadily into "unchartered territory," analysis from Platts finds. ... more		Report: East Africa new energy 'hot spot' East Africa is the new "hot spot" for the energy market, with natural gas positioning the region as the new premier player, analysis from IHS finds. ... more

Trump to U.N.: 'Your countries are going to hell'

Taiwan running out of time for satellite communications, space chief tells AFP

US lawmaker warns of military 'misunderstanding' risk with China

Statoil completes exploration season in Barents Sea		OPEC says energy demand to soar 60% by 2040		Denton frack ban challenged in Texas court		Shale license extended in Ukraine		OPEC sees global energy demand soaring 60% by 2040
Keystone pipeline could be US Republicans' first step		WTI, Brent both extend declines in Thursday trading		Report: Energy firms must be more open about payments to governments		North Sea vitality top concern for London		U.S. rig activity up 10 percent year-on-year

BP awards $40 million Shah Deniz gas contract

IEA: Asia missing out on LNG opportunities

Syrian army retakes Shaer gas field from IS: state TV

Keystone XL may be filibuster-proof

BHP: Eagle Ford shale products OK for exports

Syria army retakes gas fields from jihadists: monitor

Lundin keeps chin up in era of low oil prices

U.S. oil, gas sector economic bright spot

Brent falls on eurozone worries

Islamic State blamed for Iran, Iraq gas delays

Ukraine pays first debt installment to Gazprom

ONEOK boasts of shale gas infrastructure

'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

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