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| October 14, 2013 |
 Russian journalists call for release of Greenpeace photographer Saint Petersburg (AFP) Oct 13, 2013 - Several dozen journalists took to the streets of Saint Petersburg to demand the release of Denis Sinyakov, detained on piracy charges along with the crew of a Greenpeace ship after an Arctic oil drilling protest. During the protest in Russia's second city, blindfolded photographers and other journalists held placards reading: "Who is next?" and "Photographer is not a pirate." "We would l ... more |  |
Global energy challenges under spotlight in South Korea Seoul (AFP) Oct 13, 2013 - The world's leading energy officials will meet this week in South Korea to discuss the sector's major challenges, ranging from climate change to the rise of fracking and nuclear power's uncertain future. The 22nd World Energy Congress begins Monday in the southeastern city of Daegu, which has set its sights on becoming a model for the use of renewable energy, particularly solar. With ove ... more |  |
Saudis drive to boost oil output, fast-track shale gas Riyadh, Saudi Arabia (UPI) Oct 11, 2013 - Saudi Arabia is pushing to boost its oil production capacity by 1.75 million barrels per day by 2017 and is fast-tracking shale gas exploration, analysts say. There are indications that Saudi Arabia, the global oil industry's traditional swing producer that picks up the slack when output slips and keeps prices stable, is cranking up production already at a 32-year-high of more than 10 m ... more |  |
US shutdown delaying Keystone XL pipeline review Washington (AFP) Oct 11, 2013 - A dragging review into proposals to build a pipeline from Canada's oil sands to the US Gulf Coast may be further delayed due to the US government shutdown, an official said Friday. The proposed 1,179-mile (1,897 km) Keystone XL pipeline - to carry oil extracted from Alberta's tar sands south to American refineries - has been on hold for years, awaiting a green light. The State Departm ... more |  |
Russian court rules to keep more Greenpeace activists in jail Moscow (AFP) Oct 11, 2013 - A Russian court on Friday rejected the bail requests of two British nationals remanded in custody along with the 28 other crew members of a Greenpeace ship that protested Arctic oil drilling. A regional court in the northern city of Murmansk turned down the appeal to release a freelance British video journalist Kieron Bryan and Greenpeace activist Phil Ball, who is also from Britain, the env ... more | |
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Shell warns on Nigerian exports after pipeline shutdown Lagos (AFP) Oct 11, 2013 - Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a major pipeline repeatedly hit by sabotage and theft. "Force majeure has been declared on Bonny Light exports ... due to production deferment from leaks observed on the Trans Niger Pipeline (TNP)," in Nigeria's Ogoniland region, the Nigerian subsidiary of the Anglo-Dutch oil giant (SPDC ... more |  |
France upholds fracking ban Paris (AFP) Oct 11, 2013 - France's Constitutional Council on Friday upheld a law banning fracking, the controversial process used to extract shale oil and gas from the ground. The use of the technology known as hydraulic fracturing was banned in France in 2011 because of environmental concerns and the legislation led to two research permits that had been granted to a Texan company being withdrawn. The company, Sc ... more |  |
US and allies push China for progress on sea disputes Bandar Seri Begawan, Brunei (AFP) Oct 10, 2013 - The United States and its allies pushed Thursday for accelerated efforts to lower tension in the disputed South China Sea, where Beijing's assertive sovereignty claims have raised fears of potential conflict. A day after China showed a commitment to an eventual code of conduct to prevent conflict in the strategic body of water, Japan and the Philippines joined Washington's calls to speed-up ... more |  |
Shell shuts Nigerian pipeline again, loses 150,000 bpd Lagos (AFP) Oct 10, 2013 - Shell said it has again shut down a key supply pipeline in southern Nigeria owing to leaks, reducing output by 150,000 barrels per day of crude, barely two weeks after repairing the affected line. The Nigerian subsidiary of the Anglo-Dutch oil giant, SPDC said late on Wednesday that the Trans Niger Pipeline (TNP) was shut down "following reports of new leaks, barely 10 days after the line wa ... more |  |
After years of blocking, Israel backs Gaza offshore gas Gaza City (UPI) Oct 10, 2013 - After decades of stifling Palestinian efforts to develop Mediterranean natural gas fields off the Gaza Strip, the Israeli government is reported to be supporting the $1 billion project, which observers say could transform Palestinian aspirations for statehood. It's part of a $4 billion U.S.-backed plan, unveiled in May by U.S. Secretary of State John Kerry, to end the Palestinians' crip ... more |  |
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Iraq inks $6 bln refinery deal: statement Baghdad (AFP) Oct 10, 2013 - Iraq on Thursday signed a $6 billion deal for the construction and operation of an oil refinery with a capacity of 150,000 barrels per day, a government statement said. The statement on Prime Minister Nuri al-Maliki's website said he attended a signing ceremony for the deal between "the oil ministry and Swiss company SATAREM." "Today, we sign a contract for an important investment projec ... more |  |
Lebanon's feuding pols block Med gas drilling again Beirut, Lebanon (UPI) Oct 9, 2013 - Lebanon's problem-plagued efforts to launch a major gas exploration program in the eastern Mediterranean seems to be jinxed, largely because of feuding politicians who seem determined to sabotage the troubled country's hopes of economic salvation. Lebanon has been effectively without a government for six months and the politicians who represent the country's fractious Muslim and Christi ... more |  |
Kremlin protests arrest of Russian diplomat by Dutch police Moscow (UPI) Oct 10, 2013 - The Kremlin says it is unhappy with the Netherlands' initial response to a weekend incident in which a Russian diplomat says he was "attacked" by police at his home in The Hague. Calling the Saturday arrest of Dmitry Borodin "a flagrant violation of the Vienna Convention" that protects the immunity of diplomats, Russian President Vladimir Putin Sunday demanded a "clarification and apolo ... more |  |
Taiwan risks tensions with survey of disputed Spratlys Taipei (AFP) Oct 09, 2013 - Taiwan has conducted a natural gas and oil survey in the disputed Spratly Islands, a legislator said Wednesday, the latest in a string of moves that risk stoking tensions over the South China Sea archipelago. A team of technicians from the state-run CPC Corporation, Taiwan sailed to Taiping, the island in the chain that is controlled by Taipei, on Monday, legislator Lin Yu-fang's office said ... more |  |
Spain sees 'limited risk' of big quake linked to gas Madrid (AFP) Oct 04, 2013 - Spain's government said Friday there is a limited risk of a big earthquake shaking the eastern coast after a string of small tremors linked to a vast offshore gas storage plant. In the past month, some 400 earthquakes have rattled the Gulf of Valencia, where a depleted oil reservoir is being used as a giant gas storage facility. The activity has frightened residents but so far caused no dama ... more |  |
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MEPs: shale gas projects require environment impact study Strasbourg, France (AFP) Oct 09, 2013 - Extracting shale oil and gas reserves through controversial 'fracking' will in future require an environmental impact study, European lawmakers agreed Wednesday, despite opposition this will add to costs and hurt jobs. "Despite pressure from the oil and gas lobby, and from some member states, exploration and exploitation of shale (resources) will be subject to the requirement," said French G ... more |  |
Singapore, China giants mull Spain gas investment: report Madrid (AFP) Oct 07, 2013 - Singapore state investment giant Temasek and Chinese oil group Sinopec aim to snap up a multi-billion-euro stake in Spain's Gas Natural, the Financial Times said Monday. The two groups had contacted Spanish oil firm Repsol separately to say they were interested in buying its 4.7-billion-euro ($6.4 billion) stake in Gas Natural, the paper said, citing people close to the process. Spanish ... more |  |
Putin demands Dutch apology on diplomat amid Greenpeace row Moscow (AFP) Oct 08, 2013 - Russian President Vladimir Putin on Tuesday demanded an apology from the Netherlands for briefly detaining a Russian diplomat in The Hague in an escalating spat between the two countries. Putin called the detention over the weekend of Russian diplomat Dmitry Borodin "the most gross breach of the Vienna Convention." "We will react depending on how the Dutch side behaves," he said at a new ... more |  |
Spanish protesters demand closure of gas site linked to quakes Alcanar, Spain (UPI) Oct 8, 2013 - Thousands of Spaniards, in a weekend demonstration, demanded the closure of an offshore gas storage site linked to hundreds of small earthquakes. A crowd estimated at between 3,000 and 6,000 protesters took to the streets of the Mediterranean coastal city of Alcanar Sunday, calling for the shuttering of the Castor gas storage plant, operated by the Spanish company Escal UGS, the Spanish ... more |  |
The Shale Boom, Just Getting Started Washington DC (SPX) Oct 09, 2013 - By. James Stafford Thanks to the shale boom, markets already perceive the trade balance optimizing, energy prices are cheaper than they would otherwise be and we've even cut carbon emissions. And we are only getting started, according Tyler Cowen, New York Times best-selling author and one of the most influential economists of the decade. While we aren't likely to get past the American pu ... more |  |
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