Oil and Gas News

July 22, 2015

Iran working to renew gas pipeline interest
Tehran (UPI) Jul 21, 2015
A project once dubbed the Peace Pipeline could see new life with Chinese and Indian investors working in a post-sanctions Iran, a Pakistani official said. Salman Shah, a former Pakistani finance minister, told the official Islamic Republic News Agency he expected renewed interest in a gas pipeline running east from Iran. "China and India will probably join the ... network," he was quoted as saying in a Tuesday interview. "Once the gas starts flowing, India will like to join it and China ... read more

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Technip bags TAP management contract A consortium working to diversify the European energy sector with Azeri natural gas said it picked French contractor Technip to help steer the project forward. ... more		AAA: U.S. retail gasoline market volatile A stable national retail average price for a gallon of gasoline is masking volatility in some U.S. sectors brought on by refinery issues, motor club AAA said. ... more		Oil prices holding steady, though down since July The price for West Texas Intermediate crude oil fought off $49 per barrel in early Tuesday trading despite a string of pessimistic statements from U.S. players. ... more
				Engie builds LNG portfolio in Asia French energy company Engie said Tuesday it was building its position in the liquefied natural gas market through a partnership with a Japanese power producer. ... more		Report: Cuba may get oil help from Angola Cuba expects to kick start its deepwater oil exploration activity with assistance from Angola's state-run energy company Sonangol, a Cuban official said. ... more

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Bolivia to explore oil in seven of 22 protected areas Bolivia will explore for oil in seven of 22 protected reserves, the president said Tuesday, sparking outcry from opposition activists. ... more		Baker Hughes stumbles Oil services company Baker Hughes said Tuesday it expected the weak market for crude oil to hurt all segments of business operations for the rest of the year. ... 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		New family of chemical structures can effectively remove CO2 from gas mixtures A newly discovered family of chemical structures, published in Nature, could increase the value of biogas and natural gas that contains carbon dioxide. The new chemical structures, known as zeolites ... more
				Oil prices continue steady drift lower Ongoing anticipation over the return of Iranian oil, and emerging stability in the U.S. oil sector, pushed crude oil prices slightly lower in Monday trading. ... more		No change in North Dakota rig deployments North Dakota oil activity is leveling out during an era of lower oil prices with activity in the exploration and production sector holding steady, data show. ... more

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TransCanada boasts of benefits of North American pipelines The shipment of the 1 billionth barrel of oil through the Keystone oil pipeline system shows commitment to U.S. energy security, TransCanada said. ... more		Eni finds more natural gas in Egypt Italian energy company Eni said Monday it made what it considers to be an important discovery of natural gas in the Egyptian Nile Delta. ... more		Northrop Grumman moves to boost B-21 Raider output Telus and AST SpaceMobile plan direct-to-phone satellite service across Canada How Can Traffic Camera Footage Help Prove A Car Accident Claim In Rock Hill		No contact with Iran, European gas pipeline group says A consortium managing a pipeline designed as way to diversify the European natural gas sector said it hasn't made any contacts with potential Iranian suppliers. ... more
Europe welcomes Polish gas diversity efforts More than half of the gas projects slated for Polish government grants will connect to European markets and help diversify the sector, an EU commissioner said. ... more		Cleanup in western Canada after oil sands spill A pipeline leak in western Canada has spilled some 31,500 barrels (five million liters) of oil sands, the owner of the affected facility said on Friday. ... more		Return of Iranian oil may cause more OPEC tensions The return of oil from Iran following the landmark nuclear energy deal with world powers could create fresh tensions within OPEC but may reinforce the cartel's output strategy, analysts say. ... more		API sees strong U.S. energy sector Data published by the American Petroleum Institute show the U.S. energy sector is thriving, with consumption and production on the rise. ... more

	Ukraine considers Kazakh gas transit options Trade agreements with Kazakhstan may include the possibility of receiving natural gas shipments sent through the country, Ukraine's government said. ... more		Iran deal a mixed economic win for Russia: analysts The landmark deal on Iran's nuclear programme that Russia helped steer through marathon talks is a diplomatic fillip for Moscow which will boost trade with Tehran but could also hit much-needed energy revenues, analysts said. ... more

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