Oil and Gas News

November 27, 2014

Seized Greenpeace ship leaves Canaries after bail paid
Madrid (AFP) Nov 26, 2014
A Greenpeace ship impounded by Spain earlier this month as it protested oil exploration off the Canary Islands was allowed to leave on Wednesday after payment of a 50,000-euro bail, the group said. The Arctic Sunrise "left at 5:00 pm local time (1700 GMT) and set off toward Valencia" in eastern Spain, a spokesman for the environmental group said. Spain said it impounded the ship because the crew defied orders to leave a restricted zone where they were protesting against oil exploration off the C ... read more

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Offshore oil drilling inspires maritime conflicts across the globe Wherever there are humans, human conflict is not far behind, and when humans (and their human interests) move into uncharted territories, conflict follows. ... more		House Republicans want export ban reviewed With shale oil in abundance in the United States, "the time is now ripe" to consider easing the ban on crude oil exports, House Republican leaders said. ... more		Brent sheds close to $1 ahead of OPEC meeting One day ahead of a key OPEC meeting in Vienna, crude oil prices were in negative territory amid early Wednesday signs of static production levels. ... more
				Give thanks for low gasoline prices Gasoline prices in the United States heading into Thanksgiving are the lowest in five years and should continue to drop, the Energy Department said Wednesday. ... more		Pipeline to Pakistan still viable, Iran says Iran's oil minister said Wednesday plans to extend a natural gas pipeline to Pakistan were still on the table despite growing concerns from Islamabad. ... more

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North Dakota reviews oil train safety measures 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. ... more		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		China bids to host secretariat of new high seas treaty China's birth rate falls to lowest on record: official data South Africa flood toll rises, large parts of Mozambique submerged		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		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

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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		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		Interstellar raises major Series F funding to expand launch and satellite business Atomic 6 debris shields selected for Portal Space Systems mission Top 5 Best Live Sports Betting Sites For North Carolina Sports Fans		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		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		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		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

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Energy learning algorithm boosts complex UAV swarm tasking

Iran offers assurances to trading partners		Moscow working to save oil face		EIA reviewing crude oil export ban		WTI price no shale threat		TAPI to get project developer by early 2015
Greenpeace says it's the target of aggression		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

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