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Iraqi Government Threatens Action Against Kurds As Oil Exports Set To Begin
Iraq’s Deputy Prime Minister for Energy Affairs firmly stated the central government will take action, “including fiscal measures,” if Kurdistan begins exporting oil without coming to an agreement with Baghdad.
Post-Energy Reform, Mexico Signs First Oil Deal With Russia
Russia's Lukoil has announced an agreement with Mexico's state-run oil company Pemex for exploration, extraction and cooperation on environmental best practices.
TransCanada Pipeline Explodes Leaving 4,000 Canadians Without Natural Gas
Nearly 4,000 residents in the province of Manitoba are without natural gas after a pipeline operated by TransCanada Corp., exploded on Saturday.
Kazakhstan Could Leave U.S. Shale In The Dust
A consortium in Kazakhstan led by U.S. supermajor Chevron said it set a production record in the country's western Tengiz oil field, and last week, China said it was piping in more oil from Kazakhstan than ever before.
Chevron To Fight $5 Billion Nigeria Lawsuit
US oil giant Chevron has announced it will “vigorously” oppose a $5 billion lawsuit filed in the United States by Nigerians residing in the vicinity of a deadly offshore natural gas rig exploration in 2012.
UAE Considers Importing Cheap Shale Gas From North America
The United Arab Emirates, a member of OPEC and the eighth largest producer of crude oil, has said that it is considering importing cheap natural gas from the US and Canada.
Russia To Become A Major LNG Producer Within A Decade
Leonid Mikhelson, the chief executive and co-owner of Novatek, has predicted that Russia will become one of the top LNG producers in the world within the next ten years.
Nuclear Restarts Spell Trouble For LNG
There are two major factors that have emerged in the last five years that have sparked a surge in LNG (liquefied natural gas) investments.
EU Readies For Shale Gas Breakthrough
With the European Union outlining recommendations for shale exploration, the region looks ripe for a breakthrough.
Great Britain Launches 28th Round Of Licences In The North Sea
Britain has opened up new areas for drilling and exploration, hoping for some large discoveries to provide vital tax revenue and create new jobs.
More Trouble In The Arctic For Shell
A US court decision may delay Royal Dutch Shell’s drilling plans in the Arctic in a small victory for environmentalists and Native American groups.
More Oil Spilled In 2013 US Rail Incidents Than Previous 37 Years Combined
A new analysis of data from the PHMSA has shown that more crude oil was spilled in US rail incidents last year than during the previous 37 years combined.
Why Long Term Energy Forecasts Are Wrong
There are clearly huge amounts of oil, coal, and natural gas in the ground. With different approaches, researchers can obtain vastly different indications.
Rising Costs Hit Balance Sheets Of Major Oil Companies
We've argued that oil prices will decline. Here's another point of view.
Winds Of Change Are Shifting In Arabia
Historically, stability in Saudi Arabia has equated to stability in the production of oil. Insight into historical & current events in the region help explain potential threats that lie ahead.
This Is A New Target For These Oil Heavyweights
India's Ministry of Petroleum and Natural Gas announced last week that it is pursuing outward investment in a new part of the world: Canada.
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