Oil and Gas News

November 25, 2014

North Dakota reviews oil train safety measures
Bismarck, N.D. (UPI) Nov 25, 2014
Rail operators in North Dakota have taken a good step forward on safety, though they're likely to face further scrutiny, Gov. Jack Dalrymple said. Dalrymple met with officials from BNSF Railway to discuss rail safety in the state. The rail company, the government said, is facing pressure after two derailments near the town of Casselton in the same calendar year. Around 1 dozen empty crude oil tankers derailed Nov. 13 in Casselton from a BNSF-operated train. About 950 barrels of oil spil ... read more

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Iran Negotiations, OPEC Meeting Loom For Oil Markets As November draws to a close, there are two major events that could profoundly change the oil markets. With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 plu ... more		South Stream still on Russian table The planned South Stream natural gas pipeline from Russia is a key element to energy security in Europe, Russia's deputy foreign minister said. ... more		Oil in positive territory on good economic data Crude oil prices saw only modest gains in early Tuesday trading despite positive economic reports from the Chinese and U.S. governments. ... more
				By some calculations, U.S. gas prices end 60-day slump U.S. pump watcher GasBuddy said the price for a gallon of gas ended its long decline Tuesday, one day before the official start to the holiday travel season. ... more		Iran offers assurances to trading partners Potential trading partners can rest easy about the investment environment in Iran despite sanctions pressure, the Iranian economics minister said Tuesday. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

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		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		Chinese island project in disputed waters 'justifiable': general Beijing on Monday fired back at US criticism of an artificial island project in the disputed South China Sea that could reportedly include an airstrip, with a top general defending it as "justifiable". ... more
				Sanctions cost Russia at least $40 billion Russia stands to lose at least $40 billion because of Western economic sanctions targeting its energy sector, the country's finance minister said Monday. ... more		U.S. not on oil map for Nigeria The Nigerian oil export economy relies mainly on consumers outside North America, the state-controlled Nigerian National Petroleum Corp. said Monday. ... more

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

Oil prices slump after Iranian nuclear row continues Global crude oil prices drifted lower in Monday trading on word multilateral talks with Iran failed to find traction as a negotiating deadline expired. ... more		Georgia: Gas project will strengthen hand A natural gas pipeline from the Caspian Sea to the European market will enhance the geopolitical strength of the region, Georgia's prime minister 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		Routine maintenance sparked Gulf oil platform accident, firm says A deadly incident on a drilling platform in the Gulf of Mexico was related to routine maintenance and not production, Fieldwood Energy said. ... more
Majority in Spain's Canary Islands oppose oil exploration: poll Three-quarters, or 75.4 percent, of residents of Spain's tourist-dependent Canary Islands oppose oil prospecting in waters off the coast of the Atlantic archipelago, a poll published Monday showed. ... more		Moscow working to save oil face Russia is having a hard time keeping oil production levels at a static level because of revenue issues, Energy Minister Alexander Novak said Friday. ... more		EIA reviewing crude oil export ban The U.S. Energy Information Administration said an oil import tracking tool is meant to assess the impact of a "possible relaxation" of export restrictions. ... more		WTI price no shale threat The slump in crude oil prices hasn't yet resulted in a slowdown in production from shale basins in the United States, analysis finds. ... more

	TAPI to get project developer by early 2015 Project leaders in New Delhi confirmed Friday parties to a multilateral gas pipeline from Turkmenistan will work to find a project operator by February. ... more		Greenpeace says it's the target of aggression Greenpeace leaders from Norway said Friday their right to peaceful protest is getting sidelined by the economic interests of those in the energy industry. ... 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

One dead in Gulf of Mexico rig accident		Shale revolutionary for United Kingdom, company boss says		Crude oil prices continue upward swing		Shots fired in U.S. oil export row		Ineos in $1bn bid to become UK's biggest fracking firm
Russia's Gazprom keen on Vietnamese gas reserves		China discloses status of strategic oil reserves		BP closer to bringing Azeri natural gas to Europe		Middle East violence pushes oil prices up		Poll: Less than half see energy security in United States

Iran secures gas from Turkmenistan

TransCanada: KXL delays make no sense

GOP vows to try again with Keystone XL when new Congress begins

Greenpeace accuses Canada pipeline firm of 'dirty tricks'

Spain holds Greenpeace ship protesting oil exploration

Texas plant cleared for LNG exports

Greenpeace ship Arctic Sunrise in Spanish custody

U.S. holiday commuters to save big on gas

Eni extends relationship with Turkmenistan

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

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