Oil and Gas News

November 21, 2014

Shale revolutionary for United Kingdom, company boss says
London (UPI) Nov 20, 2014
Chemical company Ineos said shale natural gas could "revolutionize" the British economy, though it's been met with stiff opposition from environmental advocates. Ineos Chairman Jim Ratcliffe unveiled preliminary plans to give momentum to the fledgling British shale natural gas industry. At a Thursday conference, the chairman said substantial investments could follow developments in shale. "I believe shale gas could revolutionize U.K. manufacturing, and I know Ineos has the resources to m ... read more

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Crude oil prices continue upward swing Though U.S. data show output continuing unabated, crude oil prices continued their rise Thursday in anticipation of next week's OPEC meeting. ... more		Shots fired in U.S. oil export row Claims that easing U.S. oil export restrictions won't have economic benefits go against peer-reviewed studies, the head of an oil producers coalition said. ... more		Ineos in $1bn bid to become UK's biggest fracking firm Swiss-based petrochemical firm Ineos launched plans Thursday to become the biggest player in Britain's fracking sector with a $1.0-billion investment in the nation's shale gas industry. ... more
				Russia's Gazprom keen on Vietnamese gas reserves Russian energy company Gazprom said it was reviewing the prospects of further cooperation with Vietnam in the Asian country's offshore natural gas sector. ... more		China discloses status of strategic oil reserves For the first time ever, the Chinese government published data on its strategic petroleum reserves, saying it had about 91 million spare barrels on hand. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

BP closer to bringing Azeri natural gas to Europe A Canadian pipeline company said it secured a $200 million contract from BP to help develop the second phase of the Shah Deniz gas field off the Azeri coast. ... more		Middle East violence pushes oil prices up Violence in northern Iraq, coupled with word of continued pitfalls in Libya, helped push the price of oil into higher territory in Wednesday trading. ... 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		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		Poll: Less than half see energy security in United States Less than half of the industry respondents believe the United States has gained an energy security advantage, a survey from Deloitte found. ... more

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

Iran secures gas from Turkmenistan Turkmenistan under the terms of an agreement will increase the amount of gas it exports to Iran by 20 percent, Iran's deputy oil minister said Wednesday. ... 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		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		GOP vows to try again with Keystone XL when new Congress begins The Senate bill in favor of Keystone XL that died Tuesday would've been vetoed anyway, though Republican leaders said they'll try again. ... 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		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		Greenpeace ship Arctic Sunrise in Spanish custody Three months after it was released by the Russian government, protest vessel Arctic Sunrise was seized by Spanish authorities, advocacy group Greenpeace said. ... more

	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		Eni extends relationship with Turkmenistan Italian energy company Eni said Tuesday it signed an extension to a production agreement for operations onshore and offshore Turkmenistan. ... 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

Russian energy interests tilting heavily toward Asia		Repsol starts controversial search for oil in Spain's Canary Islands		Oil benchmarks continue dip into red territory		Kabul, Islamabad pursue gas pipeline connections		UN targets oil trucks to cut off Islamist revenues
Norway's Statoil pegs future to East African gas		Repsol could start exploring for oil in Canary Island on Tuesday		Japan's recession big drag on oil prices		Hess starts new oil production in Gulf of Mexico		China to double Iran energy investment: official

Iraq forces break jihadist siege of main oil refinery

Greenpeace activist hurt in clash over Canaries oil exploration

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

Early Signs Of A Pullback In Drilling Activity

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

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