Oil and Gas News

November 13, 2014

Most fracking chemicals as toxic as common household substances
Boulder CO (SPX) Nov 13, 2014
The "surfactant" chemicals found in samples of fracking fluid collected in five states were no more toxic than substances commonly found in homes, according to a first-of-its-kind analysis by researchers at the University of Colorado Boulder. Fracking fluid is largely comprised of water and sand, but oil and gas companies also add a variety of other chemicals, including anti-bacterial agents, corrosion inhibitors and surfactants. Surfactants reduce the surface tension between water and oil, allowi ... read more

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U.S. oil bubble bursts by 2020s, IEA warns "Breathing space" in global crude oil markets ushered in by U.S. shale oil output doesn't mean the glut will last forever, the IEA said in a Wednesday report. ... more		EIA: 'Modest' benefits from LNG exports An increase in natural gas production from U.S. shale basins should support export growth, but the economic benefits will be modest, the government said. ... more		British government funding so-called shale colleges The British government said Wednesday it was seizing the shale moment through the creation of university programs aimed at training the next energy generation. ... more
				Low gas prices translate to high consumer confidence The National Association of Convenience stores said Wednesday less cash spent at the gas station should translate to more money going to holiday spending. ... more		Crude oil prices recoil after OPEC report U.S. and global crude oil price indices moved lower in Wednesday trading after OPEC raised its outlook for world oil production moving forward. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

It was Sept. 25 last time gas prices went up It's been 47 days since the U.S. average price for a gallon of gasoline increased, the longest streak in six years, motor club AAA said. ... more		Sagenet/SpaceNet Add SES Capacity For US Oil and Gas Sector Global satellite operator SES has announced at the Oilcomm 2014 Conference that it has signed a new capacity agreement with SageNet/Spacenet to help energy companies connect their mission-critical o ... 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		Wood Mackenzie: Oil exports hinge on U.S. political maneuvering If nothing happens soon, lifting restrictions on crude oil exports will have to wait until after U.S. presidential elections in 2016, Wood Mackenzie says. ... more
				Outlook uncertain for offshore Norway, a major energy supplier for Europe The world economy remains fragile and, with oil prices at historic lows, investments in the Norwegian energy sector may be tempered, an industry group said. ... more		WTI price no deterrent in U.S. shale basins The benchmark for U.S. crude oil prices was treading water in early Tuesday trading, one day after a report showed few signs of a slowdown in the shale boom. ... more

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

Seismic opposition to British shale study A call from academia to loosen the rules for the fledgling British shale industry could lead to "shock waves" of opposition, an advocacy group 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 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
Putin: Russian economy is in check 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. ... more		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

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

BP commits to big Egyptian investments		G20 states spend $88bn in fossil fuel exploration subsidies: report		Iraqi Kurds exported $2.87 bn in oil this year		House lays out pro-Keystone XL agenda		Santos Australian LNG project nearly completed
Cleaner power coming to Wisconsin		The Driving Force Behind the US Oil Boom		U.S. shale gas output breaking records		Report: East Africa new energy 'hot spot'		Statoil completes exploration season in Barents Sea

US-led air raids hit jihadist-held Syria oil field

New low for Russian currency

OPEC says energy demand to soar 60% by 2040

WTI, Brent show signs of life

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

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