Oil and Gas News

December 01, 2014

Spain's Canary islanders protest against oil drilling
Corralejo, Spain (AFP) Nov 30, 2014
About 200 people, including tourists, formed a giant "SOS" on a beach on Spain's Canary Islands on Sunday to protest against drilling for oil off the archipelago. Activists staged the protest at the resort of Corralejo on the north coast of Fuerteventura after bad weather forced them to cancel plans to send a flotilla to a site where Spanish oil giant Repsol began drilling for oil on November 18, about 50 kilometres (30 miles) off the island. "We wanted to reach the prospecting zone and declare ... read more

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China Strengthening Claim To South China Sea Oil And Gas Not gone and not forgotten, China is ready to solidify its claim to the South China Sea (SCS). Recent satellite imagery confirms China is conducting significant land reclamation operations in the Sp ... more		WTI moves near price where it could hurt The U.S. benchmark price for crude oil fell below what some analysts see as the break-even price for shale, one day after OPEC's decision to keep output steady. ... more		China hikes gasoline, diesel consumption tax China on Friday announced a tax increase on gasoline and diesel fuel consumption in the first such hike since 2009, state media reported, amid a steep decline in crude oil prices. ... more
				Seized Greenpeace ship leaves Canaries after bail paid 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. ... more		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

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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		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		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		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		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

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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		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		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
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		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		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

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

Georgia: Gas project will strengthen hand		Routine maintenance sparked Gulf oil platform accident, firm says		Majority in Spain's Canary Islands oppose oil exploration: poll		By some calculations, U.S. gas prices end 60-day slump		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

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