OIL - NANO DAILY

Iraq, Europe, North Sea to boost output for MOL

Aug 01, 2014 (UPI)

Hungarian energy company MOL said Friday it had a good first half of the year and expected higher production levels from Iraq and the North Sea. MOL reported a ...

Eni makes first entry into Myanmar

Aug 01, 2014 (UPI)

Italian energy company Eni said it signed two production sharing contracts for exploration in Myanmar, its first such deal in the Asian country. Eni representat...

Gas blasts tear through Taiwan city, kill 25

Aug 01, 2014 (AFP)

A series of powerful gas blasts killed at least 25 people and injured up to 267 Friday in the southern Taiwanese city of Kaohsiung, overturning cars and ripping...

U.S. has no ban on sale of oil from Iraq, spokeswoman says

Aug 01, 2014 (UPI)

There is no ban in the United States on the sale or transfer of oil from any part of Iraq, a spokeswoman for the U.S. State Department said. The crude oil tanke...

North Dakota sends $7.8 million to schools struggling with oil boom

Aug 01, 2014 (UPI)

The North Dakota government said it awarded $7.8 million to school districts struggling to cope with the growth from oil and gas development in the state. The B...

Five Industries Worried About Peak Oil

Aug 01, 2014 (SPX)

The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated estimates...

Shell says it's weighing next steps with Woodside holdings

Aug 01, 2014 (UPI)

Royal Dutch Shell said Friday it was reviewing its options regarding its shares in Australian energy company Woodside after a rejected buy-back bid. "Royal Dutc...

New catalyst converts carbon dioxide to fuel

Aug 01, 2014 (SPX)

Scientists from the University of Illinois at Chicago have synthesized a catalyst that improves their system for converting waste carbon dioxide into syngas, a ...

Texas, Oregon projects cleared for LNG exports

Aug 01, 2014 (UPI)

A facility along the Texas coast was cleared for exports of liquefied natural gas sourced from domestic supplies, the Federal Energy Regulatory Commission said....

Impact of Deepwater Horizon on coral deeper than predicted

Jul 30, 2014 (SPX)

A new discovery of two additional coral communities showing signs of damage from the Deepwater Horizon oil spill expands the impact footprint of the 2010 spill ...

Inuit village sues to block oil surveys in Canada's Arctic

Jul 29, 2014 (AFP)

A small Inuit village in the Canadian Arctic on Monday sued to block offshore exploration for oil, involving noisy air-cannon surveys it says threaten marine wi...

US ready to seize Kurdish oil from tanker off Texas

Jul 29, 2014 (AFP)

US authorities were prepared Tuesday to seize $100 million worth of oil from a tanker anchored off the Texas coast after Iraq's government told a court the oil ...

UN takes aim at Islamist oil grab in Syria, Iraq

Jul 28, 2014 (AFP)

The UN Security Council on Monday backed a Russian initiative to bar trade in oil with Islamists in Iraq and Syria. The 15-nation Council warned in a joint stat...

Japanese PM opens LatAm tour with Mexico energy deals

Jul 26, 2014 (AFP)

Japanese Prime Minister Shinzo Abe struck a series of energy deals Friday with Mexican President Enrique Pena Nieto at the start of a five-country Latin America...

As Russia's Isolation Grows, Oil Companies Caught in Middle

Jul 25, 2014 (SPX)

The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for se...

Iraq oil exports dip after jihadist offensive

Jul 24, 2014 (AFP)

Iraq exported 2.42 million barrels of oil per day in June, the month of a jihadist offensive, the oil ministry said, falling far short of a budgeted projection ...

Greenpeace stages Chile protest over Shell-Lego deal

Jul 24, 2014 (AFP)

Greenpeace activists protested Thursday outside a Lego store in Chile, condemning a deal between the toy company and oil giant Shell that the environmental grou...

New Arctic disappointment for Norway's Statoil

Jul 22, 2014 (AFP)

Norway's Statoil has not yet found a viable gas field in the world's northernmost drilling sites, the country's oil industry administrative body said Tuesday, i...

Jihadists sell Syrian oil to Iraqi businessmen: NGO

Jul 21, 2014 (AFP)

The jihadist Islamic State is selling oil and liquid gas products extracted from fields under its control in Syria to Iraqi businessmen across the border, a mon...

Chinese tourists abandon Vietnam after oil rig row

Jul 20, 2014 (AFP)

For years Nguyen Huu Son has guided Chinese tourists around Vietnam's popular coastal city Danang, but a bitter maritime dispute between Hanoi and Beijing means...