Oil and Gas News

November 18, 2014

Eni extends relationship with Turkmenistan
Ashgabat, Turkmenistan (UPI) Nov 18, 2014
Italian energy company Eni said Tuesday it signed an extension to a production agreement for operations onshore and offshore Turkmenistan. Eni Chief Executive Officer Claudio Descalzi signed an addendum to the existing contract in Turkmenistan with his counterparts in Turkmenistan. The agreement extends the duration of the contract to 2032 and includes a separate agreement for the potential extension of Eni's operations into the waters of the Caspian Sea. Eni provided no estimate ... read more

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Russian energy interests tilting heavily toward Asia Russian oil company Rosneft may focus more on Asia as it looks for new partners for exploration and production work in the arctic, a minister said Tuesday. ... more		Repsol starts controversial search for oil in Spain's Canary Islands Spanish energy firm Repsol began searching for oil Tuesday in the waters off the Canary Islands, a top holiday destination, despite objections from environmentalists and the local government. ... more		Oil benchmarks continue dip into red territory Crude oil prices continued to move into red territory Tuesday ahead of pivotal decisions for the North American and overseas markets. ... more
				TransCanada: KXL delays make no sense The equivalent of eight Keystone XL oil pipelines have been built in the United States since an application was submitted, planner TransCanada said Tuesday. ... more		Greenpeace accuses Canada pipeline firm of 'dirty tricks' Environmental pressure group Greenpeace accused pipeline firm TransCanada of "dirty tricks" Tuesday, publishing leaked documents it said showed it plans to smear opponents of one of its projects. ... more

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Spain holds Greenpeace ship protesting oil exploration Spain seized a Greenpeace ship on Tuesday after activists approached a vessel belonging to petroleum firm Repsol as part of protests against oil exploration off the Canary Islands, the organisation said. ... more		Texas plant cleared for LNG exports With federal approval in hand, construction should start in December on a liquefied natural gas export facility in Freeport, Texas, the lead company said. ... more		Solar-driven ionosphere charges may nudge stressed faults toward rupture Stable black carbon in mangrove soils boosts coastal climate role Low crystallinity iron minerals show promise for chromium cleanup and carbon storage		U.S. holiday commuters to save big on gas Low U.S. gasoline prices mean those traveling for Thanksgiving will save more than $650 million collectively over last year, price watcher GasBuddy said. ... more
				Kabul, Islamabad pursue gas pipeline connections Islamabad thanks the leadership in Kabul for putting renewed emphasis behind a multilateral gas pipeline from Turkmenistan, the Pakistani prime minister said. ... more		UN targets oil trucks to cut off Islamist revenues A UN report is recommending the seizure of all oil tanker trucks leaving Islamist-controlled territory in Iraq and Syria to cut off millions of dollars from crude sales now bankrolling the jihadists. ... more

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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		DAMPE space telescope finds universal spectral feature that narrows field on cosmic ray origins ThinKom Develops Self-Funded Mobile HPM Weapon to Counter Drone Swarms Planet and Carbon Mapper Plan SWIR-Only Tanager Satellite for Wider Methane Detection		Norway's Statoil pegs future to East African gas Norwegian energy company Statoil said Monday it was putting an emphasis on natural gas developments in sub-Saharan Africa. ... more
Repsol could start exploring for oil in Canary Island on Tuesday Spanish energy firm Repsol will on Tuesday start prospecting for oil in the waters off the Canary Islands if the weather permits, a company spokesman said, despite objections from environmentalists and the local government. ... more		Japan's recession big drag on oil prices Government data showing the Japanese economy slipped unexpectedly into recession battered crude oil prices in Monday trading. ... more		Hess starts new oil production in Gulf of Mexico Hess Corp. said Monday the start of production from its Tubular Bells field in the Gulf of Mexico shows it has the mettle to succeed in a complex environment. ... more		China to double Iran energy investment: official 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. ... more

	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

Sidekick autonomy software guides YFQ-42A test mission for CCA program

Infleqtion lists shares on NYSE as neutral atom quantum firm

Top Chinese gaming companies continue to challenge

Cutting Islamic State oil wealth difficult, RAND scholar says		Shell challenges Amnesty International oil spill report		Bakken behind rise in oil-by-rail shipments		EIA forecasts push oil price indices to new low		Putin: No problems for oil company Rosneft
Shell says 2008 Nigeria spills bigger than thought		Wood Mac: Gulf of Mexico oil production fades		WTI, Brent end week on a high note		U.N.: Iraqi, Kurdish oil deal good first step		Halliburton has no comment on Baker Hughes acquisition

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Moldova may be next front in EU gas war

US says air strikes cutting militants oil revenues

Kurds say deal reached with Baghdad over oil, salaries

Keystone XL may be Landrieu's swan song

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

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