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| July 03, 2014 |
 ONGC said to be considering Russian pipelines New Delhi (UPI) Jun 30, 2013 - A transnational pipeline from Russia though Kazakhstan to India could be on the table for India's energy company ONGC, a managing director said. India's state-owned Oil and Natural Gas Corp. Ltd. said it wants to start playing a larger role in the international energy market. DK Sarraf, chairman and managing director at ONGC, said his company was looking for more exploration opportuniti ... more |  |
Fire at Ohio shale well forces resident evacuations Stavanger, Norway (UPI) Jun 30, 2013 - No injuries were reported when above-ground equipment at a shale reserve area caught fire in Monroe County, Ohio, Norwegian energy company Statoil said. Statoil provided updates Sunday about the fire at the Eisnebarth well in Monroe County in southeastern Ohio. The blaze was limited to surface equipment and did not spread below ground to the well itself. All personnel working at ... more |  |
Sanchez Energy closes on Eagle Ford shale deal Houston (UPI) Jul 1, 2013 - Sanchez Energy Corp., a U.S. company focused on shale in the Gulf Coast region, said it made a strategic move by buying acreage in the Eagle Ford shale. Sanchez Energy Corp. said it closed on a deal with a subsidiary of Royal Dutch Shell to buy acreage in the Eagle Ford shale in the southern United States. "This strategic acquisition adds significant reserves, production and futu ... more |  |
Russia seeks UN ban on Syrian 'terrorist' oil sales United Nations, United States (AFP) July 01, 2014 - Russia urged UN Security Council members Monday to back a draft statement to bar crude oil sales by "terrorist groups" in Syria, including as the Islamic State of Iraq and the Levant The text voices the council's concern at oil fields in Syria being seized by militants, and cites ISIL and Al-Nusra Front. The draft statement, which could be discussed in the coming days, would have to be a ... more |  |
Iraq jihadists 'selling oil to Assad', says France New Delhi (AFP) June 30, 2014 - French Foreign Minister Laurent Fabius said Monday that jihadists spearheading a militant offensive in Iraq have sold oil from captured areas to the regime of Syrian President Bashar al-Assad. Fabius said the sale was evidence of the "confusing" nature of the escalating conflict in the Middle East in which Assad and the jihadists are in theory on opposing sides. The rebels, previously kn ... more |  |
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Statoil postpones plans for Barents Sea oil field Stavanger, Norway (UPI) Jun 30, 2013 - Norwegian energy company Statoil said Monday it was postponing a development decision for the multi-million barrel Johan Castberg reserve area. Statoil, along with its partners - Italian energy company Eni and Norway's Petoro - said it decided to review its concept for Johan Castberg reserve area in the Barents Sea. "The companies will continue efforts to mature the technical d ... more |  |
Consent given to start onshore construction of South Stream pipeline Amsterdam, Netherlands (UPI) Jul 1, 2013 - The consortium managing the planned South Stream natural gas pipeline said Tuesday it's been approved to start construction in Russian territory. "The Russian Ministry of Construction, Housing and Utilities has issued the construction permit for the Russian sector of the South Stream offshore pipeline," the group said in a statement. "In accordance with the permit, South Stream Transpor ... more |  |
Energy sector says New York shale ruling an economic blow Albany, N.Y. (UPI) Jul 1, 2013 - A New York court decision to let cities and towns block hydraulic fracturing is a major blow to the industry, an advocacy group said. The Court of Appeals in Albany ruled in two separate cases that municipalities can use zoning laws to ban hydraulic fracturing within their borders. New York hosts a part of the Marcellus shale formations, one of the premier shale gas basins in the ... more |  |
U.S. gasoline prices bucking trend, moving higher Washington (UPI) Jul 1, 2013 - U.S. retail gasoline prices should be high for much of July, bucking a seasonal trend, a spokesman for motor club AAA said. "It is shaping up to be a hot and expensive summer for gas prices, and we have not even hit the busiest time of the year yet," AAA spokesman Avery Ash said in a Monday report. "It is clear that most drivers will pay high prices as they fill up for their summer road ... more |  |
Caltech-led team develops a geothermometer for methane formation Los Angeles CA (SPX) Jul 01, 2014 - Methane is a simple molecule consisting of just one carbon atom bound to four hydrogen atoms. But that simplicity belies the complex role the molecule plays on Earth-it is an important greenhouse gas, is chemically active in the atmosphere, is used in many ecosystems as a kind of metabolic currency, and is the main component of natural gas, which is an energy source. Methane also poses a c ... more |  |
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European natural gas supplies at winter levels, Gazprom says Moscow (UPI) Jun 27, 2013 - European consumers serviced by Gazprom are getting natural gas at levels they'd normally get during the winter, the company's chief executive said Friday. Gazprom CEO Alexei Miller said the volume of gas to Europe is more than sufficient to meet demands. Gazprom, he said, is helping address the shortage of natural gas extraction from European countries. "We have been able take ad ... more |  |
Bill for more LNG exports passes with bipartisan support Washington (UPI) Jun 26, 2013 - Democratic lawmakers crossed party lines to vote in support of a Republican-led effort to increase U.S. LNG gas exports, the bill's leader said. With 46 Democrats voting yay, the U.S. House of Representatives voted 266-150 in support of a bill giving the Department of Energy 30 days to make a final decision on an application to export liquefied natural gas once an environmental review i ... more |  |
U.S. imports of Saudi Arabian oil increased from last year Washington (UPI) Jun 26, 2013 - Oil imports from Saudi Arabia for the first three months of 2014 were more than 30 percent higher year-on-year, the U.S. Energy Department said. The Energy Information Administration, the statistical arm of the Energy Department, published data Wednesday showing imports from members of the Organization of Petroleum Exporting Countries. Saudi Arabia was the largest OPEC contributo ... more |  |
Fracking flowback could pollute groundwater with heavy metals Ithaca NY (SPX) Jun 30, 2014 - The chemical makeup of wastewater generated by "hydrofracking" could cause the release of tiny particles in soils that often strongly bind heavy metals and pollutants, exacerbating the environmental risks during accidental spills, Cornell University researchers have found. Previous research has shown 10 to 40 percent of the water and chemical solution mixture injected at high pressure into ... more |  |
Another concern arises over groundwater contamination from fracking accidents Washington DC (SPX) Jun 30, 2014 - The oil and gas extraction method known as hydraulic fracturing, or fracking, could potentially contribute more pollutants to groundwater than past research has suggested, according to a new study in ACS' journal Environmental Science and Technology. Scientists are reporting that when spilled or deliberately applied to land, waste fluids from fracking are likely picking up tiny particles i ... more |  |
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Kurdish government tells Baghdad to back off on oil sales Erbil, Iraq (UPI) Jun 27, 2013 - The federal government in Baghdad should give up its effort to prevent oil exports from the Kurdish region of Iraq, the semiautonomous government said Friday. The Kurdish Ministry of Natural Resources said a federal court ruled against the government in a case filed from Baghdad against Kurdish oil exports from Turkey. The court, the ministry said, ruled Baghdad's efforts to prev ... more |  |
Some Chinese workers evacuated in northern Iraq: reports Beijing (AFP) June 27, 2014 - Dozens of Chinese workers have been relocated from strife-torn northern Iraq, state media said Friday, with an additional 1,200 set to depart in the coming days. More than 50 China Machinery Engineering Corp (CMEC) workers arrived in Baghdad by helicopter from northern Iraq on Wednesday night, the state-run China Daily newspaper reported. Another 1,200 trapped in the northern city of Sam ... more |  |
House passes measure they say would lower gasoline prices Washington (UPI) Jun 27, 2013 - The House of Representatives passed a measure it says would help lower gasoline prices by expanding access to domestic energy resources. H.R. 4899, the so-called Lowering Gasoline Prices to Fuel an America that Works Act, passed through the House in a 229-185 vote Thursday, largely along party lines. The bill's supporters said it would help U.S. consumers and small businesses who ... more |  |
Italian energy company Eni wades deeper into Vietnamese waters Milan, Italy (UPI) Jun 27, 2013 - Italian energy company Eni said it signed an agreement with PetroVietnam to explore the deep waters off the coast of Vietnam for the next seven years. "This new agreement confirms Eni's interest to continue and consolidate its presence in Vietnam, where the company returned in 2012 and operates already three offshore exploration blocks," the Italian company said in a Thursday statement. ... more |  |
Multi-agency pipeline safety panel set up in Michigan Lansing, Mich. (UPI) Jun 27, 2013 - Michigan leaders said they formed a multi-agency safety panel to vet concerns about pipelines transporting petroleum products around the state. Enbridge pipeline Line 6b ruptured in southern Michigan in 2010, resulting in one of the worst incidents of onshore oil pollution in U.S. history. Late last year, the company said it was sending another 50,000 barrels of oil per day through a 60 ... more |  |
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