Oil and Gas News

November 16, 2014

China to double Iran energy investment: official
Tehran (AFP) Nov 16, 2014
China will double its investment in Iran's energy projects, an Iranian official said Sunday, ahead of a deadline for a deal with world powers over Tehran's nuclear programme. "China has agreed to changes proposed by Iran's central bank, raising its share in Iranian projects to more than $52 billion (42 billion euros)," deputy energy minister Esmail Mahsouli was quoted as saying by the Mehr news agency. The decision follows a visit by central bank president Valiollah Seif to Beijing in September. ... read more

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Iraq forces break jihadist siege of main oil refinery Iraqi forces broke the Islamic State group's months-long siege of the country's largest oil refinery Saturday as America's top officer flew in to discuss the expanding war against the jihadists. ... more		Greenpeace activist hurt in clash over Canaries oil exploration A Greenpeace activist was hurt Saturday in a confrontation with the Spanish navy that intervened during fresh protests against a controversial oil exploration project in waters off the Canary Islands. ... more		Cutting Islamic State oil wealth difficult, RAND scholar says It's unclear how well non-military means in Iraq and Syria will diminish the revenue base for the Islamic State, a scholar from RAND Corp. testified. ... more
				Shell challenges Amnesty International oil spill report Responding to an Amnesty International report, a Shell spokesman said Friday the company aims to compensate all Nigerians "genuinely affected" by oil spills. ... more		Putin: No problems for oil company Rosneft Russian energy company Rosneft is in good shape as the nation's economy starts shifting its focus to Asia, Russian President Vladimir Putin said Friday. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Wood Mac: Gulf of Mexico oil production fades Energy consultant group Wood Mackenzie said it expects U.S. Gulf of Mexico oil production to enter a period of decline after peak output is reached in 2016. ... more		WTI, Brent end week on a high note Crude oil prices are ending the week on a high note on word Friday from the International Energy Agency global demand should experience steady recovery. ... 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		U.N.: Iraqi, Kurdish oil deal good first step An interim agreement to settle internal oil issues in Iraq was met with widespread praise, though the Kurdish government said it wasn't ceding control. ... more
				Halliburton has no comment on Baker Hughes acquisition Oil services company Halliburton refused to comment Friday on the potential acquisition of rival Baker Hughes, though Baker did confirm preliminary discussions. ... more		Early Signs Of A Pullback In Drilling Activity By Nick Cunningham of Oilprice.com With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent sin ... more

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

Moldova may be next front in EU gas war The European Commission said Thursday the people of Moldova aspire to a European agenda, one day after the former Soviet republic landed a Russian gas deal. ... more		US says air strikes cutting militants oil revenues US air strikes are beginning to choke off the flow of oil revenues to Islamic militants, cutting their income by several million dollars a week, a top US official said Thursday. ... 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		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		Bakken behind rise in oil-by-rail shipments Crude oil production from North Dakota is more than the U.S. pipeline network can handle, forcing refiners to use rail, a federal report said Thursday. ... more		EIA forecasts push oil price indices to new low Crude oil prices continued their steady decline in Thursday trading after a U.S. administrator said total domestic oil production should increase short-term. ... more		Shell says 2008 Nigeria spills bigger than thought Royal Dutch Shell said Thursday that two 2008 oil spills in Nigeria were larger than earlier thought, ahead of a compensation court case in England's High Court. ... more

	Kurds say deal reached with Baghdad over oil, salaries Iraq's autonomous region of Kurdistan said Thursday it had reached a breakthrough deal with Baghdad in a long-standing dispute over oil sales and salary payments. ... more		Keystone XL may be Landrieu's swan song "Elections have consequences" and it's time now to push ahead with a measure to pass the Keystone XL pipeline, a Senate Republican 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

Shale gas a top British priority, minister says		Mild European weather hurts gas company profits		Most fracking chemicals as toxic as common household substances		U.S. oil bubble bursts by 2020s, IEA warns		EIA: 'Modest' benefits from LNG exports
British government funding so-called shale colleges		Low gas prices translate to high consumer confidence		Crude oil prices recoil after OPEC report		It was Sept. 25 last time gas prices went up		Sagenet/SpaceNet Add SES Capacity For US Oil and Gas Sector

Wood Mackenzie: Oil exports hinge on U.S. political maneuvering

Outlook uncertain for offshore Norway, a major energy supplier for Europe

WTI price no deterrent in U.S. shale basins

Seismic opposition to British shale study

Putin: Russian economy is in check

Output should return soon for Libya oil

Report: Israel wants more U.S. gas partners

Chinese oil imports up 18 percent

China's 'new normal' lifts oil prices

Canada eager to tap into Chinese market

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

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